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IT stocks outlook: Is IT dream run coming to an end, or virtuous cycle seeing a pause?

TCS commits to continue investing in UK economy

TCS commits to continue investing in UK economy ANI | Updated: Feb 10, 2021 10:41 IST Mumbai (Maharashtra) [India], February 10 (ANI): Tata Consultancy Services (TCS) said on Wednesday it will recruit 1,500 technology employees across the United Kingdom over the next year. The announcement followed Monday s meeting here between visiting UK Trade Secretary Liz Truss and TCS Chief Executive Officer Rajesh Gopinathan in which they discussed the company s commitment to continue investing in the UK s economy, innovation, technology sector and in developing workforce skills. The announcement builds on TCS s 45-year history in the UK. Consistently ranked number one in customer satisfaction in one of Europe s largest independent surveys, the Indian IT software major has grown its business in the UK almost four-fold over the last decade entirely organically, making it one of the largest providers of IT and IT-enabled services in the nation.

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