Ayurveda practitioners not entitled to same pay as MBBS doctors, says SC
Tata Steel in talks to raise up to $400 million in offshore green loan
DVC has ambitious expansion plans, intending to add total of 9,654 MW of capacity to its existing 6,700 MW from all sources, with goal of increasing its generation capacity to 15,000-16,000 MW by 2023
Brokerages expect TCS deal wins to be strong in a broad range of $7-10 billion in Q4, while hiring is likely to be muted
Tata Sons chairman N Chandrasekaran is learnt to have discussed the engagement of outgoing TCS MD and CEO Rajesh Gopinathan with the group beyond September 15 in an advisory role, according to sources from Tata Group. Tata Sons and IT behemoth Tata Consultancy Services declined to comment on the development. Tata Group sources, who did not wish to be identified, told PTI that there have been preliminary discussions between the two as the group needs reliable and experienced hands with its diversification into various technology domains. "Chandrasekaran has discussed with Gopinathan for his engagement with Tata Group in an advisory role after his notice period ends on September 15. There has been preliminary discussion," a source at one of Tata Group technology firms said. Gopinathan during his press conference has said that he has no immediate plans to engage with Tata Group in advisory roles. "As far as advisory roles go, my respect for advisors is exponentially growing. So, I wi
'You can always look at any number as a parameter and create a trend. It's more like horses for courses'
Top Indian information technology firms Tata Consultancy Services and Infosys have the highest exposure to regional banks in the United States that are gripped by a financial turmoil
Gopinathan said TCS is the market leader in its space, and has given industry-leading results
Krithivasan's time of taking over is interesting, especially with the agenda already being set
Analysts say the stock price could turn volatile in the near-term as the development comes amid a challenging macro-environment including fears of a potential recession in the US
The funds will invest between 95 per cent and 100 per cent of its net assets in government securities
The board has nominated K Krithivasan as CEO designate with effect from March 16, 2023.
Rajesh Gopinathan, the outgoing TCS CEO, said that Krithivasan was chosen by the board and Tata Group chairman N Chandrasekaran
TCS CEO Gopinathan resigned on March 16 and will be replaced by company veteran K Krithivasan
Chennai, his base, is one of the biggest centres for TCS in terms of talent
Krithivasan shall take over as the CEO and MD of TCS in the next financial year
Retained its edge in terms of Ebitda or operating margins over industry peers
According to Jefferies, analysts' consensus revenue growth estimates for CY24 have been lowered for top clients of all IT firms, barring Wipro, with the highest cuts for HCL Tech and Tech Mahindra
Thus far in calendar year 2023, the Nifty IT index has outperformed the market by surging 10 per cent, as compared to 0.55 per cent decline in the Nifty 50
Generative artificial intelligence models such as ChatGPT, JP Morgan said, can potentially simplify coding and democratize access to a wider pool of talent, driving a new source of disruption