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- May 13th, 2024
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[ad_1] N Chandrasekaran, Chairman of Tata Consultancy Services, indicated that the IT firm’s economic outlook was “relatively better” for the 2025 fiscal in comparison to previous years. In a letter to shareholders, Chandrasekaran noted, “After two years of recessionary fears,...
[ad_1] Even as business slowed for IT firms in FY24, these firms reported improvement in their order book going from FY23 to FY24. According to data shared by CareEdge – total deal wins for FY24 for the four IT firms,...
[ad_1] Margins for top Indian IT firms, excluding TCS, hit the lowest in three years during FY24. As economic troubles starting with the war in Ukraine spelled trouble for Western markets like Europe, firms have largely been reporting declining margins...
[ad_1] The IT sector in India, after a complete fiscal of low-to-no freshers and entry-level hiring, will see fresher hiring pick up in FY25. As the deal pipeline swells, attrition comes down, and utilisation levels peak amid a tough demand...
[ad_1] The combined market valuation of six of the top 10 valued firms eroded by â¹1,40,478.38 crore in a holiday-shortened week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the maximum hit.Last week, the BSE benchmark declined 1,156.57...
[ad_1] Once a major force for offering employment in the country, IT services firms have seen a reduction in their workforce for the first time in at least a decade. Large Indian IT firms pruned their workforce during fiscal 2024...
[ad_1] Brokerages turned mixed on Tata Consultancy Services (TCS) after the company reported a 9 per cent growth in net profit at ₹12,434 crore in the January-March quarter of FY24, driven by growth in domestic and UK business. Though most...
[ad_1] Tata Consultancy Services has topped the LinkedIn's latest list of top companies to work for in India, followed by Accenture and Cognizant in the second and third place respectively. Professional networking platform LinkedIn on Tuesday released the 2024 Top...
[ad_1] Tata Consultancy Services (TCS) is setting up a new delivery centre in Londrina, Paraná, Brazil. The centre will create more than 1,600 new job opportunities over the next five years.Present in Londrina since 2018, TCS employs around 1,700 people...
[ad_1] Even as TCS beat market estimates in Q4 FY24, TCS CFO, Samir Seksaria is still cautiously optimistic for the next fiscal year. As industry continues to pull back on tech spends, TCS’ tech transformation projects are still on hold....
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