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Buy TCS with a target of Rs 1700
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GuestTracked by: 1 Boarder
Satyams loss is TCS gain. Its party time for TCS now.
Most of the contracts of Satyam will easily flow to TCS now....
In reply to:
Buy TCS with a target of Rs 1700
Posted by : Guest
TCS is the associate sponsor for Mumbai Marathon 2009.
S Ramadorai and Chandrasekaran will be on TV on 18-Jan-2009. 
Buy TCS with a target of Rs 1700
Posted by : GuestTracked by: 1 Boarder
IT firms bullish on pharma outsourcing.
Hari Singh hadn’t imagined he would get a job offer from a software firm. The Bachelor of Ayurvedic Medicine and Surgery (BAMS) graduate will soon be joining the Mumbai-based IT company (TCS BPO) as a senior process associate in the clinical data management division.
Clinical research institutes such as Clinical Research Education & Management Academy (Crema) and Institute of Clinical Research India (ICRI) have had IT biggies like TCS, Cognizant, HCL, Accenture, iGate etc coming to their doorsteps with job offers at a time when hiring is slow in the IT sector.
In fact, pharma outsourcing has not only remained immune to the economic slowdown but is actually growing.
Outsourcing of technology-intensive activities to IT firms helps companies reduce costs as well as the time-to-market by 20-30%, said Sairamkumar. According to a study by management consulting firm McKinsey & Co, global pharma companies will spend -1.5 billion for drug trials in India in the next 3-4 years, up from the current 0 million.
“This means more outsourcing opportunity for IT firms. So increased recruitment of clinical research professionals,” said an official from a Bangalore-based IT firm.
...
In reply to:
Buy TCS with a target of Rs 1700
Posted by : Guest
When Microsoft delivers Windows 7 by Q3 (Quarter 3), it could catalyze the tech economy. This new OS (Operating System) will drive businesses and consumers to new PC and notebook purchases by Q4.
New OS by MS means a lot of new projects for Indian Companies.
The days of Software & Business Process Outsourcing from North America are numbered.
Posted by : pachaxTracked by: 0 Boarder
The days of Software & Business Process Outsourcing from North America are numbered.
Since 1976 Indian Sub Continent has been donating Navagraha Shathis and Punya to North America. This Punya and Navagraha Shakthis were physically carried in 1997 and North America has in return paid thru Software Outsourcing.
All this was part of a 34 year long operation to establish Hinduism in North America. The operation was completed on Sunday 4th January 2009.
It is now logical that the entire process of Software Outsourcing by North American corporations will be soon be a thing of past.
If I remember correctly Great Godess Annapoorneshwari (Devi Maa) mentioned about Air and Sea link between US and Asia-Africa-Europe land mass might cut off at some point of time.
More details available in Yahoo US message boards for CGI Inc. (NYSE: GIB).
Best Wishes
Pachax...
BSE Announcements on TCS
Posted by : MMB MessengerTracked by: 0 Boarder
Tata Consultancy Services Ltd (TCS) has informed BSE that a meeting of the Board of Directors of the Company will be held on January 15, 2009, to approve and take on record the audited financial results of the Company for the quarter ended December 31, 2008 (Q3) and to consider declaration of a Third Interim Dividend to the Equity Shareholders.
Further the Company has informed that, January 29, 2009 has been fixed as the Record Date for the purpose of payment of Third Interim Dividend, if declared....
Buy TCS with a target of Rs 1700
Posted by : GuestTracked by: 1 Boarder
Card processing work to shift to India.
Once the processing work shifts to India, sources said, the transaction costs will come down. At present, the fees charged by Visa and MasterCard are relatively high, they said. Also, the fees which will go to the Indian company, will result in savings in foreign currency.
...
In reply to:
Buy TCS with a target of Rs 1700
Posted by : Guest
According to Kotak Securities, the revenue of Tire-I IT firms is expected to grow 29-38 per cent year on year, thanks to the 12 per cent rupee depreciation against the dollar.
It says TCS may report 28.5 per cent growth in revenue in the third quarter, as compared to Infosys (expected revenue growth of 34.8 per cent), Wipro (36.8 per cent) and Satyam Computer (38.3 per cent).
Buy TCS with a target of Rs 1700
Posted by : GuestTracked by: 1 Boarder
TCS can test Rs 540-570: N Pillai.
Within the sector TCS is one stock which is shaping out a lot better technically from a strength point of view even as compared to Infosys. It is getting better and better. It has moved into a slight weekly buy set up and that is the reason why we have picked up that.
It will be a rally within overall weakness for the sector but that is the best stand out stock as of now for me, so even one could go long in TCS....
In reply to:
Buy TCS with a target of Rs 1700
Posted by : Guest
TCS is the associate sponsor for Mumbai Marathon 2009.
S Ramadorai and Chandrasekaran will be on TV on 18-Jan-2009.
Buy TCS with a target of Rs 1700
Posted by : vkk43Tracked by: 1 Boarder
On this basis, if the profits also go up in that ratio, share should move up from current level....
In reply to:
Buy TCS with a target of Rs 1700
Posted by : Guest
According to Kotak Securities, the revenue of Tire-I IT firms is expected to grow 29-38 per cent year on year, thanks to the 12 per cent rupee depreciation against the dollar.
It says TCS may report 28.5 per cent growth in revenue in the third quarter, as compared to Infosys (expected revenue growth of 34.8 per cent), Wipro (36.8 per cent) and Satyam Computer (38.3 per cent).
Buy TCS with a target of Rs 1700
Posted by : GuestTracked by: 1 Boarder
TCS eyes tier-II cities for growth.
We are keen on setting up our development centres in locations such as Pune, Nagpur, Gandhinagar, Kochi and Chandigarh. While the centres in Pune and Gandhinagar are expected to be operational by the end of this year, the proposed centres in Chandigarh, Nagpur and Kochi are scheduled for the second phase", S Ramadorai, chief executive officer and managing director, TCS told Business Standard.
"There is ample scope for our operations in tier-II and tier-III locations. Over 70 per cent of the campus recruitment for TCS are conducted at tier-II and tier-III locations", he added. The company is looking at a pool of 7,000-10,000 professionals for running the above centres.
In the overseas market, TCS was looking to establish its strong footprints in geographies such as China, Singapore, Thailand, Australia, New Zealand, Latin America, West Asia and Africa. TCS had recently announced that it was aiming to ramp up its China headcount to nearly 5,000 in the next five years.
...
In reply to:
Buy TCS with a target of Rs 1700
Posted by : Guest
IT stocks were up on Friday in USA.
Infosys Technologies to Announce Third Quarter Results on January 13, 2009.
Infosys moved up 2.5 percent to 25.15 dollars, Wipro up 3.2 percent to 8.40 dollars on Nasdaq.
Buy TCS with a target of Rs 1700
Posted by : GuestTracked by: 1 Boarder
According to Kotak Securities, the revenue of Tire-I IT firms is expected to grow 29-38 per cent year on year, thanks to the 12 per cent rupee depreciation against the dollar.
It says TCS may report 28.5 per cent growth in revenue in the third quarter, as compared to Infosys (expected revenue growth of 34.8 per cent), Wipro (36.8 per cent) and Satyam Computer (38.3 per cent).
...
In reply to:
Buy TCS with a target of Rs 1700
Posted by : vkk43
Of course IT companies will take a lot of time to regain investors confidence.
Buy TCS with a target of Rs 1700
Posted by : GuestTracked by: 1 Boarder
When Microsoft delivers Windows 7 by Q3 (Quarter 3), it could catalyze the tech economy. This new OS (Operating System) will drive businesses and consumers to new PC and notebook purchases by Q4.
New OS by MS means a lot of new projects for Indian Companies....
In reply to:
Buy TCS with a target of Rs 1700
Posted by : Guest
Great time to accumulate a gem like TCS.
It has got the Citigroup business virtually free.
Short term targets pre results is Rs 650 and post result target is Rs 990.
Buy TCS with a target of Rs 1700
Posted by : vkk43Tracked by: 1 Boarder
Of course IT companies will take a lot of time to regain investors confidence....
In reply to:
Buy TCS with a target of Rs 1700
Posted by :
Varner
but the it big companies have already lost a lot and will take a longer time to receover and regain confidence of the investers.
Buy TCS with a target of Rs 1700
Posted by : VarnerTracked by: 1 Boarder
but the it big companies have already lost a lot and will take a longer time to receover and regain confidence of the investers....
In reply to:
Buy TCS with a target of Rs 1700
Posted by : Guest
IT stocks were up on Friday in USA.
Infosys Technologies to Announce Third Quarter Results on January 13, 2009.
Infosys moved up 2.5 percent to 25.15 dollars, Wipro up 3.2 percent to 8.40 dollars on Nasdaq.
Buy TCS with a target of Rs 1700
Posted by : GuestTracked by: 1 Boarder
TCS is the associate sponsor for Mumbai Marathon 2009.
S Ramadorai and Chandrasekaran will be on TV on 18-Jan-2009....
In reply to:
Buy TCS with a target of Rs 1700
Posted by : Guest
Tata logo will adorn Ferrari`s F1 cars; Ferrari extends deal for TCS to three years.
Ferrari spokesman Luca Colajanni told DNA that Tata — through Tata Consultancy Services (TCS) — has extended its contract as an official supplier of Scuderia Ferrari.
“The position of the logo will be revealed at the launch of the car. The duration of the agreement is three years,” Colajanni said.
TCS had inked a deal with the Italian team to provide software solutions beginning 2007. But Ferrari cars did not sport the Tata symbol.
That the logo will feature on the cars starting from the season-opening March 2009 Australian Grand Prix is an indication that the scope of the deal has widened. Colajanni, however, refused to divulge details.
Despite repeated attempts, Tata officials could not be reached for comment.
This is not the first time a Tata logo will feature on an F1 car. The business conglomerate was involved in a brand sponsorship with Jordan in 2005 and Williams in 2006. The Williams sponsorship, which reports suggest was around Rs15 crore per annum, consisted of the Tata logo being prominently featured on the nosecone of the car and drivers’ helmets and racing suits.
While details of the Ferrari deal are not known, the 500-million viewership F1 attracts worldwide will give the Tatas a huge platform.
Buy TCS with a target of Rs 1700
Posted by : GuestTracked by: 1 Boarder
IT stocks were up on Friday in USA.
Infosys Technologies to Announce Third Quarter Results on January 13, 2009.
Infosys moved up 2.5 percent to 25.15 dollars, Wipro up 3.2 percent to 8.40 dollars on Nasdaq.
...
In reply to:
Buy TCS with a target of Rs 1700
Posted by : Guest
Economic Times: TCS to bag two new large BPO deals, post Citi arm acquisition.
The two possible BPO contracts are potential multimillion multi-year contracts.
Mr Chandrasekaran said the deals would be “noteworthy” if TCS managed to close them.
Through the acquisition of CGSL (Citigroup Global Services Limited), TCS has obtained end-toend financial processing and capability to run core-banking processes. On the currently challenging business environment, Mr Chandrasekaran said client specific problems continued and certain clients were not growing but that other deals were getting closed and the deal pipeline was good. “In this market you should expect pricing pressure but we are being very disciplined about margins,” he said.
Buy TCS with a target of Rs 1700
Posted by : GuestTracked by: 1 Boarder
Great time to accumulate a gem like TCS.
It has got the Citigroup business virtually free.
Short term targets pre results is Rs 650 and post result target is Rs 990....
In reply to:
Buy TCS with a target of Rs 1700
Posted by : Guest
Economic Times: TCS to bag two new large BPO deals, post Citi arm acquisition.
The two possible BPO contracts are potential multimillion multi-year contracts.
Mr Chandrasekaran said the deals would be “noteworthy” if TCS managed to close them.
Through the acquisition of CGSL (Citigroup Global Services Limited), TCS has obtained end-toend financial processing and capability to run core-banking processes. On the currently challenging business environment, Mr Chandrasekaran said client specific problems continued and certain clients were not growing but that other deals were getting closed and the deal pipeline was good. “In this market you should expect pricing pressure but we are being very disciplined about margins,” he said.
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