With its shares hitting a record high and its quarterly earnings recording a better-than-expected rise on Friday, India’s IT bellwether TCS is set to become India’s first listed company to enjoy a market capitalization (m-cap) of $100 billion. The significance of this achievement can be seen from the fact that this is roughly 2.5 times larger than TCS’s nearest competitor, Infosys, whose market value currently stands at $38 billion! The […]

President Donald Trump’s clash with Silicon Valley over immigration is about to become even more contentious. After the new president banned refugees and travelers from seven predominantly Muslim countries, Google, Facebook, Salesforce, Microsoft and others railed against the move, saying it violated the country’s principles and risked disrupting its engine of innovation. Trump’s next steps could strike even closer to home: His administration has drafted an executive order aimed at […]

Tata Consultancy Services scored high on familiarity, loyalty, staff satisfaction and corporate reputation. India’s top multinational IT company Tata Consultancy Services has been rated as the world’s most powerful brand in Information Technology Services by a leading global brand valuation firm, the company said on Wednesday. Brand Finance’s 2016 annual report evaluated thousands of the world’s top brands to determine which are the most powerful and the most valuable. Scoring […]

Last two years have seen remarkable stories of new jobs and salaries that raised the hope of thousands of engineering graduates getting ready to pass out. The $110 billion IT industry, hires them by the thousands every year, keeping the engineering education sector gainfully engaged. Almost always, it’s only the success story that we hear – Infosys planning to hire 16,000, TCS setting a much higher target of 55,000 new […]

NEW DELHI: Within four days of Prime Minister Narendra Modi’s call to corporates to take up building toilets in schools as a priority under their corporate social responsibility (CSR), companies have announced over Rs 200 crore contribution for government’s “Swachh Bharat” campaign. Two major corporates – Tata Consultancy Services (TCS) and Bharti Foundation, an arm of Bharti Enterprises – on Monday announced a total expenditure of Rs 200 crore as […]