The JP Morgan report said the investment community had now accepted this conservativeness and culture consciousness practised by TCS
TCS, Reliance Industries only 5% shy of becoming first to reach coveted milestone of $100 billion m-cap
India's largest IT services firm Tata Consultancy Services (TCS) today said it has expanded its partnership with Marks and Spencer (M&S) to enable the British retail giant become a digital-first business. As part of M&S' five-year plan, TCS will be the principal technology partner for the retailer and help drive agility, intelligence, innovation and efficiency, TCS said in a statement. Through the partnership, M&S will transition to a new Technology Operating Model that will help it align itself with rapid technology innovation to meet fast changing business priorities. TCS did not disclose any financial details of the deal. "Our long standing partnership with M&S has helped to build a strong contextual knowledge of their business... TCS will help the customer adopt a digital-first mind-set to win new customers and create growth at accelerated pace," TCS CEO and Managing Director Rajesh Gopinathan said. The retailer's chief executive Steve Row said M&S
TCS has almost 30,000 employees in the US, which makes it the largest employer of locals among Indian IT firms
A federal judge in California, on Wednesday rejected a request from the information technology (IT) outsourcing giant to dismiss a 2015 lawsuit
TCS' request to dismiss a 2015 lawsuit that accused it of violating anti-discrimination laws by favoring South Asians was rejected by a federal judge in California
The organisation added around 16,000 employees this quarter, with one of every four recruited abroad
Revenue from digital engagements made up 19.7 per cent of TCS' revenue of Rs 30,541 crore in July-September 2017 quarter, growing 31 per cent year-on-year
The Indian IT major has invested nearly $3 bn in the US in past 3 years
The software major also provided the University with a grant of $35 mn
Unlike peers Wipro and Infosys, TCS has been more cautious about mergers and acquisitions
TCS is quite enthused by commentary and discussions on expanding digital infrastructure in country
Rajesh Gopinathan admitted that while the day was big for him, for TCS, it's just another day