Mumbai: Despite short-term volatilities such as higher turnover, Tata Consultancy Services will continue to invest in line with business needs and not be careful about protecting profit margins, a senior official said. However, the company continues to focus on the area of operating profit margin of 26-28% and has aligned its structures to achieve the
Representative picture. | Photo credit: PTI Key highlights Speaking to the Economic Times earlier this month, Rajesh Gopinathan, CEO of TCS said, “We expect that sometime towards the end of the calendar year or early next year, depending on what this third wave turns out, we will return to 70-80 percent [of the people] in
Tata Consultancy Services is sponsoring the New York City Marathon through 2029 | Photo credit: YouTube Key highlights TCS ‘expanded partnership with NYRR follows earlier announcement that it will become the new title sponsor of the London Marathon from 2022 TCS plans to invest $ 30 to 40 million annually in global run sponsorship and
Tata Consultancy Services (TCS) missed Street’s expectations as its India business detracted from revenue growth in the first quarter of FY22. India business for the country’s largest IT service provider fell 14 percent as the second wave of Covid19 affected business sentiment. For the first quarter, the company’s net income grew 28.5 percent year-over-year to
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Mumbai: Tata Consultancy Services Ltd. is ready to disrupt, rather than disrupt, the global consulting business with its continuous transformation approach, said the executive director of India’s largest software services company. “We have consistently applied the organic inside-out transformation model that takes the organization with it, rather than someone else coming in from outside and
Image source: PTI (FILE) TCS Q4 earnings rise 14.9% to Rs 9,246 billion in the fourth quarter The country’s largest software services company, Tata Consultancy Services (TCS), reported a 14.9 percent increase in consolidated net income to Rs 9,246 billion for the March 2021 quarter, compared to net income of Rs 8,049 for the same
In some countries, parcel volumes increased by up to 50 percent in the past year as the COVID-19 pandemic led people to search for everyday staples online. Arun Pradeep, Business Head for Travel, Transportation and Hospitality in Europe at Tata Consultancy Services (TCS), explains how the industry has adapted to these changes and how it
