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TATA Consultancy Services ( TCS ) Related news

Tata Consultancy Services certified as top employer in US for second straight year

Tata Consultancy Services certified as top employer in US for second straight year

NEW DELHI: Tata Consultancy Services has been named as a top employer in the United States for a second consecutive year by the Top Employers Institute, an employer certification agency.

TCS was recognised as an exceptional performer across nine categories: talent strategy, workforce planning, on-boarding, learning and development, performance management, leadership development, career and succession management, compensation and benefits, and culture.

TCS and GE enter strategic alliance to develop digital solutions

TCS and GE enter strategic alliance to develop digital solutions

Tata Consultancy Services (TCS) on Wednesday said that as a new member of the GE Digital Alliance Program, it would develop digital solutions that would increase the productivity of mobile workforces and assets in motion by leveraging Predix, GE’s cloud platform for industrial internet.

“With the launch of the GE Digital Alliance Program, we are providing alliance members with expanded access to GE Digital tools, technologies and domain expertise,” said Denzil Samuels, head of global channels and alliances at GE Digital.

ITC, Maruti Suzuki, TCS, Wipro, HDFC Bank, Cipla hit 52-week low

ITC, Maruti Suzuki, TCS, Wipro, HDFC Bank, Cipla hit 52-week low

ITC, Maruti Suzuki India, Tata Consultancy Services (TCS), Wipro, HDFC Bank and Cipla from the 30 share S&P BSE Sensex index hitting their respective 52-week lows after the index tanked 660 points during intra-day trade.

ACC, Ambuja Cements, Kotak Mahindra Bank, Nestle India, Thermax and Tech Mahindra are from the 73 stocks from BSE500 index touching their 52-week lows.

TCS reiterates growth momentum in BFS vertical

TCS reiterates growth momentum in BFS vertical

Tata Consultancy Services (TCS) today in a statement said that all is well in its biggest vertical banking and finance vertical.

The company in a statement to the exchanges said the segment continues to grow and is ahead of its overall performance. The company said it wanted to allay market fears on demand in this vertical.

TCS ‘most powerful’ brand in IT services

TCS ‘most powerful’ brand in IT services

India’s largest IT services exporter, Tata Consultancy Services (TCS), has been rated as the world’s most powerful brand in IT services by Brand Finance, a leading brand valuation firm.

In a filing to the stock exchanges, TCS said that it has been recognised as the fastest growing brand within industry over the last six years. The company’s overall brand value has increased from $2.34 billion in 2010 to $9.04 billion in 2016, a growth rate of 286%.

3 Wipro BPO employees arrested for data theft

3 Wipro BPO employees arrested for data theft

The suspected data breaches by few BPO staffers of Wipro in Kolkata is likely to impact the Bengaluru-based company’s relationship with the client TalkTalk for whom these employees were working for. The Kolkata police last week had arrested three employees of Wipro who were handling British telecom firm TalkTalk’s back-office operations out of India, on charges of stealing of customers’ data.

The recent arrest could be linked to the data breach that TalkTalk went through in October last year when around 157,000 of its customer data including their bank account details were stolen. "Following the October 2015 cyber attack, we have been conducting a forensic review to ensure that all aspects of our security are as robust as possible - including that of our suppliers," said a statement by TalkTalk published in British public broadcaster, BBC.

TCS, Wipro, ITC, other big names disappoint as profit, sales under pressure

TCS, Wipro, ITC, other big names disappoint as profit, sales under pressure

The earnings season so far has been by and large disappointing with most heavyweights not living up to expectations —TCS, Wipro, ITC and Idea Cellular have all turned in numbers that were below estimates — and just a couple of strong performances from Infosys and Reliance Industries. A sluggish economy, in which there is very little investment taking place and unutilised capacity remains high, has virtually killed the demand for capital goods.

Cognizant adds more business in 2015 than TCS, Wipro, Infosys combined

Cognizant adds more business in 2015 than TCS, Wipro, Infosys combined

Bengaluru: Cognizant Technology Solutions Corp. has done more business or added more incremental revenue in calendar year 2015 than India’s three largest software firms, including Tata Consultancy Services Ltd (TCS), Infosys Ltd and Wipro Ltd, put together—a fact which underlines why last year was bad for the poster boys of India’s $146 billion outsourcing sector.

TCS misses muted expectations again in Q3

TCS misses muted expectations again in Q3

Tata Consultancy Services Ltd (TCS) on Tuesday said that its performance in the December quarter was pretty steady, barring the sharp decline in its India business. But analysts and investors are growing tired of such assessments. The company’s growth has fallen short of the Street’s expectations for six straight quarters now, and investors’ patience is running thin.

TCS to announce Q3 results today, what brokerage houses are expecting

TCS to announce Q3 results today, what brokerage houses are expecting

TCS Q3 results today: Kotak Institutional Equities expects the company to register a constant currency revenue growth of 1 per cent after taking an impact of 60 basis points from Chennai floods.

IT major Tata Consultancy Services (TCS) is slated to announce its third quarter earnings on Tuesday. The December quarter for overall IT companies is seasonally weak owing to furloughs and a lower number of working days. This time the woes were compounded by the recent floods in Chennai.

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