Chandrasekaran said even as the world is going through uncertain times, technology spends for all corporations globally will only increase
The issues of leave approvals, remunerations and rest period has been cited in the communication by the unions
In the end-of-the-year letter to the employees, Tata chief stated that geopolitics is also a potential source of volatility. However, the word of caution comes with a silver lining too as India's future seems bright
Addressing shareholders in the company's Annual Report for 2022-23, he noted that the British automaker is set to transform into a modern luxury vehicle business.
In a statement, Chandrasekaran noted that Air India's response should have been much swifter. "We fell short of addressing this situation the way it should have been," he said.
The demand-supply mismatches in crude and several other commodities are driving inflation, which will likely impact demand across categories in this uncertain environment, said Tata Sons Chairman N Chandrasekaran while addressing shareholders at Tata Consumer Products’ 59th Annual General Meeting.
This move may help the 100 companies operating under Tata Sons coordinate operations and will also help pare down costs
Both completed a year in their new jobs, and have gotten off to a solid start.
Stock surges on reports that Tata Sons had agreed to pay USD 1.17 billion as damages to Japanese firm NTT DoCoMo to settle the long-standing dispute.
Telecom stocks continued to be the top gainers on Sensex and the Nifty on the back of reports of consolidation in the sector.
According to a media report, JC Penney plans to reduce its outsourcing projects to companies such as TCS and Infosys
Citi has a sell rating on the stock with a target of Rs 2175 per share stating that leadership transition will be key from the company's perspective.
Speaking to CNBC-TV18, AM Naik said that TCS is a running machine and new chief Rajesh Gopinathan would emulate predecessor N Chandrasekaran.
Addressing his last investor call as the head of the USD 16.5 billion firm, Chandrasekaran recounted how Gopinathan and the newly appointed COO, N G Subramaniam, have been groomed for the leadership roles.
During the quarter, its constant currency revenue was up sequentially by 1 percent.
Speaking to CNBC-TV18 post announcing quarter 1 numbers for TCS, its MD and CEO N Chandrasekaran said that he was overall satisfied with the results. "Combination of factors aiding the results has been good. Attrition is down, he said, adding that it has been a well-rounded performance.
Meanwhile, Infosys CEO Vishal Sikka's pay package stood at Rs 4.56 crore in the said year, while T K Kurien - CEO of India's third-largest software services firm Wipro - received over 33 per cent hike to USD 1.46 million (about Rs 9.3 crore) in 2014-15 fiscal.
Indian Business Icons brings the story of N Chandrasekaran, CEO of India‘s largest IT services company Tata Consultancy Services (TCS). He has taken the battle away from competition and created wealth and value for the house of Tatas.
Kenyans emerged winners of the men's and women's title. As hundreds of thousands lined the route to cheer the participants, millions watched the event on Televisions. Tata Consultancy Services went on a massive image-building exercise yesterday as it flooded the metropolis with tens of thousands of its logo.
Credit Suisse maintains outperfom rating on the company stating that it is well placed to top the growth in FY15 among the top-6 Indian IT firms.
Cognizant, on Tuesday, announced better-than-expected Q1 numbers as its Europe revenue excluding the UK jumped 54 percent. The company has also hiked its growth guidance from 17 to 19 percent.
IT services major Tata Consultancy Services (TCS) today said it has completed the acquisition of French enterprise solutions provider Alti SA, a move that will help the Tata Group company to expand its reach in Europe.
TCS management says it is confident that pricing will remain stable for the next 12 months and the next quarter won't see any decline in realisation.
The coming financial year (2013-14) could be a much better one for the IT industry in general, with growth rate likely in the range of 13-14 percent, said N Chandrasekaran, managing director and CEO, Tata Consultancy Services.
An average global company will spend USD 13-22 million this year for marketing through mobile devices, a study by Tata Consultancy Services said today.