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Will new CEO continue rejig exercise at TCS?
Restructuring was termed as one of the reasons for Rajesh Gopinathan’s departure as CEO; Some reports suggest that there was discontent among other...
IT cos feeling heat of pricing pressure
Indian IT firms may not be able to raise contract prices amid tepid demand environment; Overall pricing environment remains stable with less clients...
IT majors reaping benefits amid slowdown concerns
Third quarter results of top four Indian IT services firms- Tata Consultancy Services (TCS), Infosys, HCL Tech, & Wipro- clearly reflect a subdued...
Tata-run iPhone plant to boost India's mfg prospects
In talks with Apple Inc’s Taiwanese supplier Wistron Corp and is expecting to finalise deal on purchasing its assembly factory near Bengaluru by
Modest hiring at IT firms likely in 2023
Headcount at TCS declines in Q3 for first time in last 10 qtrs; Robust employee addition in prior 6 qtrs could be one reason, observe experts
Tough days ahead of Indian IT firms?
Third quarter results of Tata Consultancy Services (TCS) indicate interesting times ahead. The Tata Group company posted better than expected Q3...
TCS Q3 net zooms 11% to Rs10,846 crore
Deal pipeline remained strong with demand coming from the US, UK; IT major bagged $7.5-bn deals in Q3, but slightly lower than last 2 quarters;...
Indian IT cos unlikely to get new digital projects
$160-bn worth deals would fall due for renewal in Q1 of 2023; Indian IT services firms could corner a large share of these multi-year deals in...
