Targeting the affluent Islamic Banking community, which needs customised IT solutions, Infosys Technologies is aggressively looking at tapping the burgeoning segment having already bagged a beta customer - Arab National Bank.
“We already have got the first customer Arab National Bank and are developing full-fledged banking solutions for them, (that is) expected to be operational [...]
The acquisition of Corus is likely to benefit other Tata group companies as well. Tata Steel, which has bought the Anglo-Dutch steelmaker for $12.2 billion, is planning to offshore some of Corus’ functions such as IT and equipment manufacture, to India in a move that could boost TCS, Asia’s largest software services firm.
While the finer [...]
Tata Consultancy Services said it has agreed to provide information technology consultancy services to Mumbai International Airport Pvt Ltd (MIAL), for the Chhatrapati Shivaji International Airport (CSIA) in Mumbai.
MIAL, the joint venture company led by GVK, and TCS have signed a memorandum of understanding for the same. The agreement is for a period of five [...]
Towards the last quarter of 2006, the five key computer firms in India increased their staff strength by another 23 thousand employees and their total headcount to almost 3 lakh. To those who came in late the top five software companies in India are TCS, Infosys, Wipro, Satyam and HCL Technologies. These figures are even [...]
India’s largest software exporter $2.97-billion TCS plans to achieve over 10% of its revenue from its e-governance vertical by 2010. Overall, the company has set itself a target of $10 billion by 2010. This translates into e-governance revenues of over $1 billion.
“We project at least 10% contribution to TCS’ overall revenues through e-governance by fiscal [...]
IT bellwethers Infosys and Wipro are participating in the World Economic Forum (WEF) at Davos in Switzerland in a big way to showcase India’s technology prowess and its expertise in handling socio-economic issues to global leaders.
In separate statements here, both the Bangalore-based tech firms said their head honchos — Nandan M. Nilekani of Infosys and [...]
Tata Consultancy Services added 5,562 employees (gross addition of 7,835 employees) during the quarter ended December 31, 2006.
At the end of Q3, the total employee strength of the company was 83,500 with staff coming from 60 nationalities. Non-Indian nationals formed 8.8% of the total employee base.
TCS won five large deals in the quarter under review. [...]
Tata Consultancy Services (TCS) has beaten estimates, a rising rupee, and a traditionally weak third quarter to post a record $1.1 billion in revenues for the quarter ended December 30, 2006, the highest by an Indian software firm. The country’s largest software company also registered the highest profits for any single quarter at $252 million. [...]
Teams should come up with business plan from socially relevant idea Winners will receive up to Rs.3 lakh as seed funding to implement the ideas The Indian Institute of Technology-Madras (IIT-M), Tata Consultancy Services and Lemelson Recognition and Mentoring Program (L-Ramp) are jointly hosting `Genesis,’ a business plan contest open for students and NGOs in [...]
Software Company Tata Consultancy Services (TCS) plans to shore up revenues from government projects. TCS is looking to bag global e-governance projects and plans to set up satellite development centers across eastern Europe, Latin America and south-east Asia. Eventually, such business is expected to contribute nearly 10% to the company’s top line in three years.  Â
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