NEW DELHI: Tata Consultancy Services Ltd (TCS) is set to surpass DXC Technology Co. to become the world’s third-largest software services provider in fiscal 2018-19, marking the first change in the pecking order of the information technology (IT) outsourcing industry in two years.
Tata Consultancy Services (TCS) has partnered India Posts in a multi-year deal to become a multi-service digital hub, modernise the delivery of mail and packages, enhance customer experience, and launch innovative services that will drive new revenues.
TCS will implement Core System Integration deploying an integrated ERP solution that caters to mail operations, finance and accounting, and HR functions, and connects its network of over 150,000 post offices, making this the largest distributed ePostal network in the world.
Tata Consultancy Services (TCS) hit a six-month high of Rs 2,149, up 2 per cent on Tuesday, extending its Monday’s 5 per cent rally on the BSE, after the company reported better than expected 2.4 per cent growth in constant currency (CC) revenue in the March 2018 quarter of financial year 2018 - 19 (Q4FY19).
The stock of IT major hit its highest level since October 4, 2018 on the BSE. Boosted by 7 per cent rally in stock post March quarter results, the market valuation of TCS regained the Rs 8 trillion-mark today to reach Rs 8.04 trillion at 12:50 pm, BSE data shows.
Tata Consultancy Services (TCS) on Friday reported robust numbers both for the fourth quarter of 2018-19 and the full financial year, with the country’s largest IT services company crossing the $20-billion revenue mark for the first time. Growth in net profit as well as revenue exceeded Street expectations, though margin contracted a bit in the fourth quarter.
For the quarter ended March 31, TCS reported Rs 8,126 crore in net profit, a jump of 17.7 per cent over the corresponding quarter last year. Revenue, at Rs 38,010 crore, saw an increase of 18.5 per cent on a year-on-year (y-o-y) basis. When compared with the trailing quarter, net profit was almost flat, while revenue grew 1.8 per cent.
Walmart-owned Flipkart is the most preferred workplace in India, followed by Amazon and Oyo in the second and third places, respectively, according to a list compiled by professional social media network LinkedIn.
Internet companies dominate the top 10 spots in LinkedIn's fourth edition of the '2019 Top Companies' list for India.
New Delhi: India's largest IT services company Tata Consultancy Services has teamed up with Barclays to launch a virtual platform to help children with neuro-muscular disabilities become more self-dependent.
The virtual habilitation platform, TCS VHAB, will be launched at ZEP Rehabilitation Centre, Pune. This centre, established in 2008, carries out programmes to help improve the mobility of children with locomotor disabilities. These programmes are aimed at enabling development of daily skills, self-help skills, functional skills and academics.
Two years after a change of leadership at the Tata Group, it is abundantly clear that whether it’s Cyrus Mistry or Natarajan Chandrasekaran, cleaning up after Ratan Tata is not easy. Today, the sprawling conglomerate is even more about TCS than when Mistry left it.
The software major accounts for 73% or nearly three-fourths of the combined market capitalisation of ten top 10 companies; this share was just 59% in February 2017, when Chandra took over the reins at the group as chairman, Tata Sons.
India's Tata Consultancy Services (TCS) has been ranked third most-valued IT services brand globally in 2018-19, after Accenture and IBM, according to a report by Brand Finance.Four Indian IT services companies -- TCS, Infosys, HCL and Wipro -- clinched spots in the top-10 global tally.
The country’s largest information technology (IT) services company, Tata Consultancy Services, earned its highest-ever net profit of Rs 8,105 crore in the seasonally weak third quarter (Q3) of 2018-19 (FY19). This was in line with market expectations, though revenue and operating margins missed consensus estimates narrowly.
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