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January 11, 2021
As bird flu spreads to seven states across India, the sale of chicken and poultry products have been affected the most
January 11, 2021
Updated Jan 11, 2021 | 15:31 IST TCS management aims for double-digit growth even beyond FY22. Stellar Q3 lifts stock and Nifty IT index to fresh highs and brokerages hike earnings estimate and Target price; Edelweiss TP at Rs 4176/share. Representational Image  Key Highlights TCS CEO: “There is absolutely no doubt that TCS is going for double digit growth (even beyond FY22)” Goldman Sachs: TCS key beneficiary of current wave of IT outsourcing and cloud migration...
January 11, 2021
Shares of information technology giants like Wipro, Infosys and HCL Technologies rallied over 5 per cent each in trade on Monday
January 11, 2021
TCS CEO Rajesh Gopinathan (File photo) BENGALURU: IT major TCS’s third quarter results announced on Friday indicated a sharp recovery from the lows in the early months of the pandemic. In an exclusive interaction with TOI after the results, TCS CEO Rajesh Gopinathan talked about the surge in demand for cloud. He said cloud will enable a whole new set of transformation opportunities for enterprises. Excerpts: The revenue growth from Q2 to Q3 was TCS’s best in nine years. What does this indi...
January 11, 2021
Updated Jan 11, 2021 | 09:11 IST Rajesh Gopinathan says there is absolutely no doubt that TCS is going for double digit-growth (even beyond FY22), stakeholders will have to take their bets, you can bet on us or bet against us. TCS CEO and MD Rajesh Gopinathan. (File photo)  Key Highlights TCS holistic partner for Sustainable business model is the differentiator; this is why markets give us the premium: TCS CEO & MD Believe Services business model if executed right ...
January 11, 2021
TCS had reported a 7.2 per cent growth in net profit at Rs 8,701 crore and a 7.6 per cent year-over-year increase in revenue to Rs 16,655 crore in the December quarter, on higher demand for cloud computing
January 11, 2021
Updated Jan 11, 2021 | 15:06 IST Markets begin the week on a positive note with both Sensex, Nifty hitting fresh record high in trade. Nifty IT Index surges 3% in trade with Infosys leading the gains. Representational Image  |  Photo Credit: PTI Key Highlights JK Tyre surges most in 2 months at highest level since December 11 Bajaj Electricals gains most in 2 months, hits record high TCS: Stock hits record high after reporting the fastest Q3 growth in ni...
January 11, 2021
“Believe What We are witnessing is a fairly long cycle technology upgrade opportunity, the most important aspect it is at multiple levels” said Rajesh Gopinathan, CEO & MD, TCS. He added, “There is absolutely no doubt that TCS is going for double-digit growth (even beyond FY22), stakeholders will have to take their bets, you can bet on us or bet against us but we are going for it.” 2020 was an incredible year where the HR team was able to adapt, collaborate and create magic in terms...
January 11, 2021
Tata Consultancy Services to Recruit 40,000 from Campuses in FY22, Says CFO Ramakrishnan FOLLOW US ON: India’s largest IT services provider Tata Consultancy Services (TCS) said it would recruit 40,000 trainees from campuses in Financial year 2021-2022, after the firm reported its strongest results in the last nine years for the quarter ending December 2020. TCS CEO Rajesh Gopinathan said recently the company is confident about achieving a double-digit growth trajectory in FY22 "on the back of...
January 11, 2021
The order book for TCS is at an all-time high, almost turning $7 billion. How does one understand the order book momentum in terms of growth? Will it be double digit or is what we have seen in the last couple of quarters more like a sugar rush due to Covid? In the last few quarters, we have been delivering a total contract of about $6 billion consistently. I will attribute this to proactive investments, innovative and market leading offerings. It is also an endorsement or an indication of the r...