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TCS to offer 40% more jobs to new techies via its National Qualifier Test
Posted on 16th October 2018
Tata Consultancy Services (TCS) will offer 40 per cent more jobs to fresh engineering graduates during the ongoing campus placements this year, compared to last year. Stronger demand across key sectors and geographies for the company’s services had prompted this decision.

The Mumbai-headquartered company said it would make offers to 28,000 candidates, who are being selected through a National Qualifier Test. This selection process has been introduced this year.

TCS to see 28,000 campus hires, highest in 3 years
Posted on 13th October 2018
BENGALURU: Tata Consultancy Services (TCS) is giving offers to 28,000 campus recruits this year, the highest number of offers it has made to freshers in the last three years, signalling a strong demand pipeline for its services.

In each of the last two years, the company made 20,000 offers to freshers. “We are seeing good demand in terms of business and growth.

TCS eyes double-digit growth in FY19 after Q2 net profit jumps 22.6%
Posted on 12th October 2018
Continuing with its growth story, Tata Consultancy Services, the country's largest information technology services company, met the Street's expectations for the September quarter's financial numbers.

And, for the first time after many quarters, it reported double-digit revenue growth in constant currency (CC) terms, apart from widening the profitability.

IT stocks underperform; TCS, Infosys slip 3% each
Posted on 10th October 2018
Shares of IT companies slipped in the intraday trade on Wednesday as the rupee recovered from all-time lows.

At 12:13 am, shares of TCS were trading two per cent lower at Rs 2,050 a piece on BSE. The stock dropped as much as 2.87 per cent to Rs 2,030 during the trade. On similar lines, Infosys was down over two and a half per cent at Rs 698.75. HCL Tech was trading at Rs 1,045.50, down 2 per cent.

TCS partners with University of Tokyo to collaborate on technology research
Posted on 4th October 2018
Global software major Tata Consultancy Services (TCS) on Thursday said it signed a Memorandum of Understanding (MoU) with the Institute of Industrial Science (IIS) at University of Tokyo to collaborate on technology research and facilitate inter-personnel exchange.

The MoU opens the prospect of TCS and the IIS working together on fundamental research, technology validation and the real-world applications and commercialisation of technologies in the area of robotics.

TCS doubles pay for fresh hires with new-age skills
Posted on 3rd October 2018
Tata Consultancy Services (TCS) has offered about 1,000 freshers with new-age digital skills almost double the salary it normally pays those coming out of campuses. While the entry-level salary of Indian engineers in the IT industry has been stuck at about Rs 3.5 lakh per annum for the past decade, TCS is offering those with digital skills a starting salary of about Rs 6.5 lakh.

TCS will conduct online test to hire engineer graduates
Posted on 25th September 2018
Attention all engineer graduates! If you want to work with TCS, then from now nwards you are required to clear an online test. According to a Times of India report, the tech firm is all set to digitize the hiring process. TCS is mulling over dropping the process of visiting campuses and hiring from colleges directly to be more efficient.

Hiring picks up at TCS, Infosys, Cognizant, Wipro and HCL Tech
Posted on 12th September 2018
New Delhi: The top five software services providers operating in India added 24,047 people in the first quarter of this fiscal, compared with the 13,772 net additions in the previous fiscal, leading many experts to believe that the industry is set to record the fastest growth in three years. The turnaround in the pace of hiring at Tata Consultancy Services Ltd (TCS), Cognizant Technology Solutions Corp.,

Tata Sons may use 12,603 crore TCS windfall to cut debt
Posted on 5th September 2018
New Delhi/Mumbai: Tata Sons Ltd is set for a windfall of as much as ₹ 12,603 crore from Tata Consultancy Services (TCS) Ltd through share buybacks and dividend income in the first half of the financial year, funds that chairman N. Chandrasekaran can use to pare debt in several group companies, a Mint analysis shows.

Tata Sons is expected to get at least ₹ 11,502 crore from the 54.7 million scrips it plans to tender in the TCS share buyback.

TCS 2nd Indian firm to cross 8 trillion market cap after RIL
Posted on 4th September 2018
Mumbai: Tata Consultancy Services Ltd’s (TCS) market cap surged past the 8 trillion mark for the first time today, making it only the second Indian company after Reliance Industries Ltd (RIL) to achieve the milestone. TCS share price rose 1.7% to a record high of 2091 on the BSE today, imparting the IT bellwether a market cap of 8.01 trillion. Of the 50 brokers tracking the TCS stock on Bloomberg, as many as 22 recommend a “buy” rating, eight “sell” the stock 20 a “hold” rating.

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