Global IT major SAP has announced its Q1 results. SAP co-chief executive Bill Mcdermott explains to CNBC-TV18 that the company‘s outlook for India was upbeat thanks to the demand for cloud computing and big data tools
India's top software services exporter Tata Consultancy Services' consolidated fourth quarter net profit grew 23% year-on-year and 1.6% sequentially to Rs 2,932.4 crore. In an interview to CNBC-TV18, the company's management speak about the Q4 numbers and give their outlook going forward.
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 management of TCS- N Chandrasekaran, CEO and MD; S Mahalingam, CFO; Ajoy Mukherjee, Head-Global HR and Phiroz Vandrevala, director at TCS, join CNBC-TV18 for insights beyond the company's thried quarter numbers.
Tata Consultancy Services' subsidiary CMC announced its third quarter results. R Ramanan, the managing director and CEO of CMC tells CNBC-TV18 that they have had 21 client additions.
In an exclusive interview to CNBC-TV18, N Chandrasekaran, CEO and managing director, S Mahalingam, CFO and executive director, Ajoy Mukherjee, vice president and head of global HR, Phiroz A Vandrevala, director share their take on the earnings of India’s top software services exporter.
The IT bellwether is happy and brimming. After three disappointing quarters, Infosys has finally brought smiles to investors. Infosys reported a second quarter consolidated net profit of Rs 1,906 crore, up near 10% from a year ago, while revenue was up around 17% to Rs 8,099 crore.
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.
Tata Consultancy Services (TCS) has reported a net profit of Rs 2,380 crore in the quarter ended June 2011, better than expectations. N Chandrasekaran, CEO & MD; Ajoy Mukherjee, Head Global HR and Phiroz Vandrewala, Executive Vice President spoke to CNBC-TV18 about their Q1 performance and outlined the road ahead as well.
"Its been an excellent quarter," voices N Chandrasekaran, the CEO and managing director. In an exclusive on CNBC-TV18, he says the growth distribution across industries has been great with emerging markets showing strong traction in different segments.
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.
According to Sudin Apte, CEO and Principle Analyst, Offshore Insights, companies in the IT sector have dramatically changed from what they were a few years ago. All companies are changing and accomodating to meet client requirements.
S Mahalingam, CFO & ED; N Chandrasekaran, CEO & MD; Ajoy Mukherjee, Head-Global HR and Phiroz Vandrewala, Executive Vice President, spoke about the company's performance and how they saw the road mapping out going forward.
In an exclusive interview with CNBC-TV18, the management of TCS including S Mahalingam (CFO & ED), N Chandrasekaran (CEO & MD), Ajoy Mukherjee (Head-Global HR) and Phiroz Vandrewala (EVP) spoke about the company’s roadmap ahead.
IT analysts Sandip Agarwal of Antique Stock Broking and Shashi Bhushan of Prabhudas Liladhar say that the TCS Q4 results have been a houseful but they is doubt on the room for margin growth post Q4.
Kawaljeet Saluja, Analyst, Kotak Securities and Sudin Apte, CEO and Principle Analyst, Offshore Insights, in an interview on CNBC-TV18 spoke about Infosys and the impact it had on the market on Friday.
The Tata Group is in the league of the top 50 most valuable global brands and their biggest asset is their chairman, Ratan Tata. That's the word coming from group director R Gopalakrishnan.
Software major TCS says the demand environment for the industry is getting better by each passing quarter.
In an interview with CNBC-TV18, Arvind Rao, CEO and MD of OnMobile Global, spoke about the latest happenings in his company and the road ahead.
IT major Tata Consultancy Services is betting big on FY12. In an interview to CNBC-TV18, N Chandrasekharan CEO and MD of the company said that demand environment is looking good.