Shares of Tata Consultancy Services (TCS) were trading in green in the morning trade on Thursday ahead of its earnings for the first quarter ended June 30, 2016.

At 10.10 am, TCS was trading 0.35 per cent up at Rs 2,500. The scrip opened at Rs 2488.50 and has touched a high and low of Rs 2,512 and Rs 2472.05, respectively, in trade so far.

The $100-billion Indian IT services export industry is unlikely to see a major impact from the new Bill proposed by two US lawmakers seeking further restrictions on H-1B and L-1 visas as the planned legislation is not expected to pass in the current form even as India centric technology companies have increased their hiring of American citizens.

Brexit, currency volatility, visa cost and wage hikes are among the key factors likely to impact results for of the Indian IT services sector in the first quarter ended June 30, 2016. The April-June quarter is traditionally a strong quarter for the topline growth of companies.

Estimates for Q1FY17 numbers of Tata Consultancy Services (TCS), India’s largest IT services provider that begins the results season by announcing them on July 14, is better placed than last year.

Tata Consultancy Services (TCS) is partnering with the Royal College of Physicians in Ireland to deploy iON cloud solutions to create an online community of doctors. The new tool called The Physician Network is a resource based on the TCS iON Digital Learning Platform to enable virtual 'common-interest communities' and facilitate best practice knowledge-sharing.

V Ramaswamy, Global Head, TCS iON said that doctors will be able to collaborate from any location around the world, using the mobile-optimised solution to share insights and learnings with other medical professionals.

Doing business in overseas markets is fraught with risks; more so when companies enter new markets through leveraged buyouts. But in some cases, the risk taken turns out to be well worth it.

Consider the Tata group. On the face of it, its bravado looks misplaced, as some of its big global bets are backfiring. Its investment in Corus Group Plc.—the largest ever acquisition by the group—is practically a write-off. Now, Brexit threatens to spoil things for Jaguar Land Rover (JLR) and the European operations of Tata Consultancy Services Ltd (TCS).

The $150-billion Indian IT industry may have to experience short-term pains like delays in getting new contracts or dealing with a fluctuating currency but in the long term it stands to benefit from UK’s decision to exit from European Union. In the medium to long term, as UK tries to find its economic feet, its firms will have to continue to find ways to remain competitive and hence seek additional outsourcing expertise.

Tata Consultancy Services (TCS), India’s largest IT service provider, on Thursday announced that CHROMA — TCS’ cloud-based HR solution platform will be implemented at Bajaj Finance, a non-banking financial company in India.

The platform will enable and enhance the new generation HR experience to over 6,000 employees in BFL. With integrated processes on a single platform, Bajaj Finance can automate talent management process and cross functional view.

Country's largest software services firm Tata Consultancy Services (TCS) has partnered with four colleges to offer courses in Big Data as it looks to strengthen the pool of workforce in the digital technology space in India.

The four colleges -- Swami Vivekananda University (West Bengal), St Xaviers College of Arts and Science (Ahmedabad), Central University of Rajasthan (Rajasthan) and St Joseph's College (Bengaluru) -- will offer MSc programme specialising in Big Data starting July 2016.

India's largest software exporter TCS on Monday formed a strategic partnership with Sernova Financial to deliver its next generation cloud-based derivative post trade processing service to enable banks to effectively maintain compliance with the changing global regulatory environment while reducing risk.

The new tie-up combines Sernova's capital markets expertise, Calypso platform's capability and Tata Consultancy Services' (TCS) bouquet of capital markets solutions along with IT-Operations synergies as well as Business Process as a Service (BPaaS) models.

Amid demands from shareholders for bonus shares from Tata Group’s crown jewel, Tata Consultancy Services (TCS), Chairman Cyrus Mistry on Friday saw one investor asking for ‘sikkas’ — a play on rival Infosys’ chief Vishal Sikka.

Mistry, who brushed aside concerns that a “lot of volatility” prevailing in world markets could impact TCS, replied with a smile to each suggestion from shareholders at the company’s annual general meeting, but gave only the customary answer — the board will consider.

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