A tale of four CEOs: IT is not an easy job

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TCS To Decide On Share Buyback Next Week

India’s largest software exporter TCS said it will consider a share buyback at a board meeting next week. “This potential buyback will give TCS shareholders a shot in the arm. It will help investor sentiments. This move will create pressure…

Chandra-Gopi Combine Could Bring Tata Tech Units Under TCS

Rajesh Gopinathan, who will take over as the CEO of Tata group crown jewel Tata Consultancy Services on February 21, has big shoes to fill. But experts believe the 46-year-old will bring freshness into the company at a time when…

Tata-Mistry Spat Unlikely To Hit TCS Operations: Analysts

The bitter boardroom battle at Tata Sons is unlikely to impact operations of the USD 100-billion conglomerate's crown jewel TCS, but if its chief N Chandrasekaran is elevated to the top at the group level, it could be a blip…

How the TCS-Epic case could impact the IT services sector

Indian IT services companies with software platforms could be forced to rethink their operational set up after the massive fine imposed by a Wisconsin federal jury against TCS. While TCS has denied the allegations of stealing healthcare software from American…

Nasscom rejects Murthy’s ‘immigration agents’ comment on Indian IT firms

The National Association of Software and Services Companies (Nasscom) rejected NR Narayana Murthy's comment wherein he called Indian IT firms as behaving like "immigration agents." Sanchit Gogia, chief analyst and CEO, Greyhound Research, explained that the Indian services model is just not…

Nasscom rejects Murthy’s comment calling Indian IT firms ‘immigration agents’

N R N Murthy, co-founder Infosys, may have stirred up a hornet's nest by saying Indian IT firms behave like immigration agents, but the model that he claims he created to be less dependent on visa's did not yield the…

Is TCS losing the race because of slow digital growth?

A favourite among investors at one time, Tata Consultancy Services is fast turning into a mammoth that is failing to evolve with time as others are fast catching up on the increasing demand for digital. India’s largest software exporter’s enterprise…

A challenging year awaits Indian IT sector

The tepid third quarter performance of India's largest IT exporter Tata Consultancy Services (TCS) is hardly good news for India's overall IT sector. The company's dollar revenue for the December quarter slipped 0.3 per cent over the previous quarter, beaten…

TCS Q4 Net Profit Plummets 30%

Tata Consultancy Services has recorded a 30.7 per cent fall in net profit for the fourth quarter ended March 31, 2015, by a one-off bonus paid to employees, cross currency-movements and overall weakness in key sectors. “The very fact that…

Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound Research’s quote on TCS Q4 result

Greyhound Research believes that with revenue growth of 1.1% in Q4, TCS holds a sturdy position in the market in terms of growth and competitive positioning. This growth in their revenue is surely accredited to their sharp focus on emerging…

TCS Will Have To Run Harder To Stay Ahead Of The Pack

Over the past few years, Tata Consultancy Services (TCS) has increasingly turned out to be the bellwether for the Indian IT industry, a position long held by Infosys. Sanchit Vir Gogia, CEO of Greyhound Research in post results commentary said…

TCS Q4 Net Profit Plummets 30%

Tata Consultancy Services has recorded a 30.7 per cent fall in net profit for the fourth quarter ended March 31, 2015, by a one-off bonus paid to employees, cross currency-movements and overall weakness in key sectors. “The very fact that…

Alarm bells: TCS red flags Q3 growth

Blames slowing revenue from financial services, impact of holidays. Slowing revenue from financial services clients and seasonal factors such as holidays and furloughs in key western markets may cause Tata Consultancy Services to report muted earnings growth for the quarter ending…

#GreyhoundInMedia: TCS (@TCS_News) sees a jump in revenue from Tata Group companies (@TataCompanies), close to its ‘target $1 billion’ #Press #Media @EconomicTimes

Tata Consultancy Services, the information technology unit of the Tata Group, is more than a quarter of the way to its goal of garnering $1 billion (more than Rs 6,150 crore) in revenue from the group's companies, two people with…

#GreyhoundInMedia: Infosys (@Infosys) joins Indian peers in boosting hiring in US #Press #Media @Mint

Of these, 1,500 will be experienced professionals, while the rest will be hired from American colleges and universities “There is at least a 60-70% variable pay gap between onsite and offshore employees on average. However, these onsite employees are much…

#GreyhoundInMedia: IT hits a speed breaker #Press #Media @ExpComputer

The traditionally strong September quarter saw an unusual and unexpected slowdown in what seems like winter setting in a bit too early for the country’s top IT services companies. The December quarter is usually the weakest for the companies, with long…