Doing business in overseas markets is fraught with risks; more so when companies enter new markets through leveraged buyouts. But in some cases, the risk taken turns out to be well worth it.

Consider the Tata group. On the face of it, its bravado looks misplaced, as some of its big global bets are backfiring. Its investment in Corus Group Plc.—the largest ever acquisition by the group—is practically a write-off. Now, Brexit threatens to spoil things for Jaguar Land Rover (JLR) and the European operations of Tata Consultancy Services Ltd (TCS).

The $150-billion Indian IT industry may have to experience short-term pains like delays in getting new contracts or dealing with a fluctuating currency but in the long term it stands to benefit from UK’s decision to exit from European Union. In the medium to long term, as UK tries to find its economic feet, its firms will have to continue to find ways to remain competitive and hence seek additional outsourcing expertise.

Tata Consultancy Services (TCS), India’s largest IT service provider, on Thursday announced that CHROMA — TCS’ cloud-based HR solution platform will be implemented at Bajaj Finance, a non-banking financial company in India.

The platform will enable and enhance the new generation HR experience to over 6,000 employees in BFL. With integrated processes on a single platform, Bajaj Finance can automate talent management process and cross functional view.

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.

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.

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.

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.

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.

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.

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.

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