Tata Consultancy Services - News, Features, and Slideshows

News

• Tata posts strong revenue and profit growth

  Tata Consultancy Services reported strong revenue and profit increases in the quarter ended June 30, citing growth across all markets, including emerging markets.

• Indian outsourcers' quality hit by staff issues

  The service quality at top Indian outsourcers is dropping as they scramble to hire staff to cope with an unexpected surge in demand, analysts said.

• Infosys appoints banker as chairman, shortens name

  India's second largest outsourcer, Infosys Technologies, has announced a change of leadership, choosing for the first time as its chairman someone who is not one of the founders of the company.

• Tata, HCL benefit from a growth in offshoring

  Indian outsourcers Tata Consultancy Services (TCS), and HCL Technologies reported this week strong revenue and profit growth for the quarter ended March 31, as outsourcing by clients to offshore locations picked up.

• India emerging as a large BPO market: Gartner

  India's business process outsourcing (BPO) market is growing fast, attracting both local outsourcers and multinational services companies, according to a study by Gartner.

• Tata introduces cloud service for SMB segment

  Tata Consultancy Services (TCS), India's largest outsourcer, is targeting small and medium-size businesses with a combination of hardware, networking, and office and business software on a pay-per-use model.

• India’s Satyam rebounds, but progress is slow

  Indian outsourcer, Satyam Computer Services, which is on the recovery after a corporate scandal, said that revenue and net profits grew in the third quarter ended Dec. 31.

• Wipro changes top management, after slow growth

  Wipro will replace the joint CEOs of its IT business with a single chief executive, the company said Friday after reporting lackluster results.

• President Obama: offshoring fears are outdated, unwarranted

  The perception that Indian call centers and back office operations cost U.S. jobs is an old stereotype that ignores today’s reality that two-way trade between the U.S. and India is helping create jobs and raise the standard of living in both countries, U.S. President Barack Obama told a gathering of business executives in Mumbai on Saturday.

• Satyam faces challenges a year after financial scandal

  Satyam Computer Services' revenue skidded in the Indian fiscal year, even as a new management tried to reassure customers and employees, according to financial results released belatedly by the company.

• Tata's revenue, profits grow on increased outsourcing demand

  India’s largest outsourcer, Tata Consultancy Services (TCS), posted strong revenue and profit growth in U.S. dollar and rupee in the quarter ended June 30, as demand for offshore outsourcing services rebounds.