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TATA Consultancy Services ( TCS ) Related news

TCS partners 4 colleges for creating Big Data talent

TCS partners 4 colleges for creating Big Data talent

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.

TCS, Sernova Financial enter into strategic partnership

TCS, Sernova Financial enter into strategic partnership

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.

TCS shareholder seeks 'sikkas', Mistry says board to consider

TCS shareholder seeks 'sikkas', Mistry says board to consider

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.

Firms such as TCS may deepen govt bond market, but spur volatility

Firms such as TCS may deepen govt bond market, but spur volatility

Tata Consultancy Services (TCS), has become the third conglomerate to invest large cash holdings in government bonds, a trend that could boost the young debt market but also stir volatility.

TCS ploughed $3 billion into the market from January to March, its annual balance sheet showed last month, shifting funds that totalled 80 percent of its surplus cash position. Previously the company had largely invested in mutual funds.

Infosys, Wipro, TCS, Flipkart, Microsoft and other IT companies tightlipped on Industrial Dispute Act 1947

Infosys, Wipro, TCS, Flipkart, Microsoft and other IT companies tightlipped on Industrial Dispute Act 1947

Nearly a dozen leading IT companies on Friday declined to confirm or acknowledge employees right to form labour unions to redress their grievances invoking the provisions of Industrial Disputes Act 1947.

Some of the tightlipped IT companies are Infosys, Wipro, TCS, Flipkart, Microsoft, Mphasis, Juniper and Amazon India.

Why TCS, RIL & L&T are betting big on government bond market

Why TCS, RIL & L&T are betting big on government bond market

India’s largest IT company, Tata Consultancy Services (TCS), has become the third conglomerate to invest large cash holdings in government bonds, a trend that could boost the young debt market but also stir volatility.

TCS ploughed $3 billion into the market from January to March, its annual balance sheet showed last month, shifting funds that totalled 80 percent of its surplus cash position. Previously the company had largely invested in mutual funds.

RIL, TCS, Adani Enterprises among 56 Indian companies in Forbes world’s largest public firms list

RIL, TCS, Adani Enterprises among 56 Indian companies in Forbes world’s largest public firms list

Mukesh Ambani-led Reliance Industries leads the pack of 56 Indian firms in Forbes’s annual list of the world’s 2,000 largest and most powerful public companies, with the US leading the list with 586 companies.

The 2016 Forbes ‘Global 2000’, a snapshot of the world’s largest companies, shows the dominance of US and China in the current global business landscape.

TCS client NEST signs up over 100,000 employers

TCS client NEST signs up over 100,000 employers

India's largest IT services provider Tata Consultancy Services (TCS) announced on Tuesday that its client, the National Employment Savings Trust (NEST) in the UK, has now signed up more than 100,000 employers to its auto-enrolment pension scheme. This also means that the company's insurance vertical will see an uptick in demand.

The roll-out of the auto-enrolment reforms began in October 2012 and are being introduced in stages up until 2018. NEST has seen employer numbers increase by over 100% since the beginning of 2016, as well as rapid growth in membership figures. Since roll-out began, more than three million members have been enrolled with NEST, with membership figures tripling from one million to three million since April 2014.

Vistara, TCS enter into strategic partnership

Vistara, TCS enter into strategic partnership

Full service airline Vistara has entered into a strategic partnership with Tata Consultancy Services (TCS) for a broad range of information technology (IT) services, including application maintenance services and airport infrastructure support.

Vistara is a joint venture between Tatas and Singapore Airlines.

TCS abandons bell curve based performance appraisal; shifting to system of continuous feedback

TCS abandons bell curve based performance appraisal; shifting to system of continuous feedback

MUMBAI: Tata Consultancy Services, India's largest IT services company, said it has abandoned bell curve based performance appraisal and is moving to a system of continuous feedback, becoming the latest player to move away from the forcedranking system.

The bell curve system — one of the most popular appraisal methods popularised by former GE CEO Jack Welch — rates a workforce by comparing performances of people in similar tasks. They are then segregated into top, medium and poor performers. But over the last two years, an increasing number of companies have been looking at other ways to evaluate their employees.

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