Bengaluru: Tata Consultancy Services Ltd (TCS) is throwing its weight behind blockchain and getting ready to launch core banking software based on the underlying technology behind virtual currency Bitcoin.

This will make India’s largest software exporter only the second large company globally to do so. Incidentally, local rival Infosys Ltd launched a blockchain framework for Finacle, its core banking platform, earlier this year.

Tata Consultancy Services (TCS), India's leading information technology (IT) services provider, and JetBlue, one of the leading airlines in the US, are ramping up their relationship to strategically optimise and transform key business channels and enhance digital customer touch points.

During a three-year relationship, JetBlue has leveraged TCS' airline expertise to develop new platforms, and for quality assurance and infrastructure services.

Tata Consultancy Services (TCS), leading information technology (IT) services provider from India, was on Tuesday ranked 58th most valuable brands in the US, according to a survey, titled 'Top 500 U.S. Brands', by Brand Finance, a brand valuation firm.

The Brand Finance study evaluates the financial value of a company's brand name, intellectual assets and trademark as compared to companies across industries.

Riding on revenue growth, Tata Consultancy Services (TCS) has inked two large office space deals in the last quarter. TCS, India’s largest software firm, signed a 400,000 sq ft office space deal in Okaya Tower in Noida’s Sector 62.

It is expected to pay a rent of Rs 19 crore a year, or Rs 40 a sq ft a month, on the property. The lease deal is one of the largest in the National Capital Region (NCR) this year.

Global software major Tata Consultancy Services (TCS) is the top employer in the Indian IT industry, followed by Infosys, Cognizant and Wipro, the industry's representative body National Association of Software and Services Companies (Nasscom) said on Monday.

According to the Nasscom annual rankings of top IT-BPM (business process management) employers in the country for 2016, TCS heads the Indian IT industry, with 362,079 employees.

TCS iON, a strategic business unit of Tata Consultancy Services (TCS), will create an additional two lakh seats across 200 new centres. The expansion includes TCS iON's proposed and biggest facility at Kolkata.

TCS iON, a strategic unit of TCS, focuses on educational institutions and exam boards with cloud-based solutions. It offers technology-led solutions for small and medium businesses, educational institutions and exam boards to digitise examinations in India.

Tata Consultancy Services (TCS), India’s largest information technology services provider, entered the financial year 2016-17 with a strong growth. The first quarter numbers beat Bloomberg estimates on both topline and profit numbers.

Net profit for the quarter at Rs 6,318 crore was up 10.6 per cent from Rs 5,708 crore in the corresponding quarter last financial year. This was the second time when TCS surpassed Street estimate on profitability, after missing it for six quarters. Sequentially, profits were down marginally by 0.4 per cent.

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.

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