The TCS New York Marathon is more than just a marketing and advertising effort by the company. Having broken into the top 10, it ranks as the 6th largest global IT firm by revenue. By profit and headcount, it is the 2nd largest. But geography-wise it is 8th largest in North America, 15th in Europe, 8th in UK and 25th in Japan.
A day before New York Marathon, TCS CEO N Chandrasekaran takes pride in the achievement of the company. He says in order to serve its clients holistically TCS will need to venture into new territories ahead of time, venture into new markets, venture into new industries and venture into new service lines.
TCS today ranks amongst one of the best companies with the way we partner with clients, said N Chandrasekharan.
India‘s largest software-services firm, TCS, believes it faces a large business opportunity in Japan and China -- Asia‘s largest- and second-largest economies, respectively – even though it admits it faces challenges in scaling up operations in the latter.
Rostow Ravanan of Mindtree sees maximum opportunities coming from the US. Sounding extremely confident on the days to come, he says customer confidence is at its highest in the past 15 years.
The New York Road Runners (NYRR) has signed Tata Consultancy Services Ltd (TCS) as the title sponsor of the New York City Marathon beginning next year. For the next eight years TCS will be the title sponsor of this most popular marathon in the world.
N Chandrasekaran, MD & CEO, TCS opens up in a candid chat with Axis Bank‘s Shikha Sharma about leading and his vision for India‘s number one software company.
In an interview to CNBC-TV18, Som Mittal, President, NASSCOM spoke about IT sector growth trajectory.
While Shiv Nadar, founder and chairman, HCL Tech, is confident the company will not be sold out in the next 10 years, Roshni Nadar, executive director and chief executive officer, HCL Corporation adds that the same is unlikely for the next 20 years.
TCS is present in six locations in China-Beijing, Shanghai, Shenzhen, Tianjin, Dalian and Hangzhou. N Chandrasekaran MD and CEO said, we need to increase our presence in state run enterprises in China
Som Mittal, President, NASSCOM believes that since the macro economic factors have not changed much since their February forecast, they would not be reviewing the forecast at present.
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.
This is the first indication of a budget uptick for IT companies. India's largest IT company, TCS has said that CY13 will see a budget uptick of 2-4% or more.
Out performing some of biggest names in IT, Tata Consultancy Services (TCS) has emerged as the poster boy in the country. N Chandrasekaran, CEO, TCS, has been credited for transforming TCS – India‘s largest IT services company into an even bigger juggernaut.
Som Mittal, president, NASSCOM says he expects IT sector growth in double digits. "We had given a guidance that we will have a growth of 11-14 percent this year. Our review, after six months, is that we will still be in double digits. We will still be in double digits and probably closer to the lower end of our guidance, 11 percent," he adds.
N Chandrasekaran, CEO and MD of Tata Consultancy Services (TCS) says inorganic growth is a priority for the company at this point. He says the company is looking at inorganic growth to beef up its European presence.
Sudin Apte of Offshore Insights and Partha Iyengar of Gartner discuss, on CNBC-TV18, the change of guard in the IT sector in the backdrop of Infosys declaring results today.
N Chandrasekaran of TCS, Noshir F Kaka of McKinsey & Company, Pramod Bhasin of Genpact and Som Mittalof NASSCOM discuss and debate what the outlook for the Indian IT sector looks like right now.
Visa rejections have risen more than ever in the last 12 months for IT giant TCS. Chief financial officer S Mahalingam told CNBC-TV18 that this is a very critical issue, but it is not a new problem.
Noose around the IT companies is just getting tighter with almost no solution to the European debt crisis. Companies like TCS and Infosys are trying their best to get the clienteles intact and more deals coming in even in an adverse situation.
By means of its joint venture with Mitsubishi Corporation, TCS aims to accelerate revenues from Japan to USD 500 million within three-five years.
The Mahindra Group started out trading steel before assembling jeeps and commercial vehicles eventually making deep tracks as the country's largest manufacturer of tractors and SUVs.
The IT sector has been under a lot of fire recently, with the BFSI sector expected to be the epicenter of the chaos. However, TCS MD & CEO N Chandrasekaran says that most of the negative news has been factored in by clients.
The technology sector was the worst hit in trade today, but IT majors are not ready to press the panic button just yet.
N Chandrasekaran, managing director and CEO of TCS, said that the company is trying to grapple with visa issues for quite sometime; however, the company's growth outlook continues to remain robust.