A spate of multi-billion dollar deals, including big wins in the September quarter, is helping Tata Consultancy Services (TCS) shed pandemic-induced blues earlier than expected, according to chief executive Rajesh Gopinathan. In an interview with Anandi Chandrasekhar and Ayan Pramanik, he termed the revival in demand for technology services as just the beginning of a … Read more
Mumbai: India’s largest software exporter Tata Consultancy Services (TCS) on Thursday became the most-valuable information technology (IT) company globally as it surpassed rival Accenture for the first time in terms of market capitalisation. TCS closed 3.19% higher at Rs 2,825 on Thursday on the BSE bringing its market cap to $144.73 billion or Rs 10.6 … Read more
The President of India gave his assent to the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Bill, 2020, which will extend compliance-related timelines for taxpayers while offering significant relief to foreign investors. The ministry of law and justice issued a notification to the effect. The bill, which now becomes an Act, was … Read more
IT services will remain a significant part of the job environment in India as the demand for talent and services continues to grow in the country, according to Tata Consultancy Services CEO and MD Rajesh Gopinathan. He also emphasised on the need for experienced IT professionals to embrace automation and other new technologies to remain … Read more
New Delhi: Tata Consultancy Services, India’s biggest IT company, on Thursday reported 13.81 per cent year-on-year (YoY) fall in profit at Rs 7,008 crore for the first quarter ended June 30. Analysts in an ET NOW poll had projected the figure at Rs 7,680 crore. Consolidated revenue of the company inched higher by 0.39 per … Read more