After the top three IT players — Tata Consultancy Services (TCS), Cognizant and Infosys — sounding off warning bells on second-quarter and full-year growth performance, analyst predict that mid-cap players will be worse off.
Tata Consultancy Services is expected to grow slower this year as customers slash budgets and reduce project sizes due to global uncertainty and the impact of Brexit, which could potentially force Nasscom to revise its projections.
Concerns of slowdown in the Indian information technology sector came to the fore on Thursday when Tata Consultancy Services (TCS) said it was expecting a "sequential loss of momentum" as clients, especially in the banking, financial services
With Tata Consultancy Services (TCS), India's largest IT services provider, sounding the warning bells of a sequential loss of momentum as clients, especially in the banking and financial services segment, hold discretionary spends, it has yet again
Less than a month back Royal Bank of Scotland scrapped a project to set up a separate bank in the United Kingdom for which Infosys was the technology provider, signalling the first impact of Britain’s exit (Brexit) from the euro zone.
TCS CEO&MD N Chandrasekaran (pic: Kamlesh Pednekar)Information technology (IT) stocks took a hit in trade on Thursday, after TCS warned of a slowdown in discretionary spending in the BFSI (banking and financial services) vertical.
TCS fell 5.22% to Rs 2,319.15 at 10:05 IST on BSE after the company warned of a slowdown in discretionary spending in its banking and financial services vertical by its US clients.
Tata Consultancy Services (TCS), India's largest IT services provider, announced on Tuesday that the Mississippi, Rhode Island and Maine (MRM) Consortium has gone live with the TCS developed Unemployment Insurance (UI) Application for Benefits.
Information Technology major Tata Consultancy Services (TCS) on Monday announced that it has partnered with Thanjavur-based Shanmugha Arts, Science, Technology & Research Academy (SASTRA) Deemed University to train over 2,000 teachers from Tamil Nadu
Tata Sons and Tata companies including Tata Consultancy Services (TCS), Tata Chemicals, Tata Communications, Tata Steel, and Jaguar Land Rover (JLR) have entered into collaborations to fund research and development opportunities in partnership with the
Tata Consultancy Services (TCS), the country’s largest information technology (IT) services provider, said it had settled an ongoing lawsuit with Orange County in California, USA. For doing so, it has agreed to pay $26 million (Rs 175 crore).
India's largest IT firm Tata Consultancy Services and its US affiliate have paid Orange County, California, $26 million to settle a lawsuit over what the latter termed as a "failed replacement" to the county's automated property tax
Tata Consultancy Services (TCS), India's leading information technology (IT) services provider, and JetBlue, one of the leading airlines in the US, are ramping up their relationship to strategically optimise and transform key business channels and enhance
Tata Consultancy Services (TCS), leading information technology (IT) services provider from India, was on Tuesday ranked 58th most valuable brands in the US, according to a survey, titled 'Top 500 U.S.
The central government’s scheme for incentives to business process outsourcing (BPO) operations, termed the Indian BPO Promotion Scheme, has got a poor response. The reason why is being investigated.
Global software major Tata Consultancy Services (TCS) is the top employer in the Indian IT industry, followed by Infosys, Cognizant and Wipro, the industry's representative body National Association of Software and Services Companies (Nasscom) said on
TCS iON, a unit of Tata Consultancy Services that provides cloud-based solutions to examination boards, will create 200,000 seats in 200 new centres, including its biggest facility in Kolkata.
Shares of information technology (IT) companies were under pressure with the Nifty IT index dropping 4% after Infosys lowered its FY17 constant currency (CC) revenue growth guidance to 10.5%-12% from 11.5%-13.5% earlier.
Tata Consultancy Services (TCS) was trading 2% lower at Rs 2,476 on the BSE after the company reported a marginal 0.46% decline in consolidated net profit at Rs 6,318 crore for the quarter ended June 2016 (Q1FY17) on a sequential basis.
