TCS overtakes Infosys as the most valued IT company in India

Less than a month after Apple overtook Microsoft as the most valuable technology company globally, we now have a change in India too.  Country’s top software exporter TCS today toppled its main competitor Infosys Technologies as the most valued IT company in the country.

Shares of Tata Consultancy Services (TCS) rallied over 6 per [...]

TCS to hire 30,000 employees this fiscal: Ratan Tata

Tata Consultancy Services Chairman Ratan Tata said the company is planning to hire around 30,000 employees this fiscal. "We estimate our manpower growth would be 30,000 new people this year," TCS’ Chairman, Ratan Tata, told shareholders at the company’s annual general meeting (AGM).

The company has 1,60,00 employees and added 16,851 professionals in Q4 of [...]

Attrition at peak in Indian IT industry at PM level – Infosys ‘Green Channel’, HP ‘HomeComing’

We have spoken a lot about attrition. Ever since the market recovered globally, Indian IT companies which did not give much hike for the last two years are facing attrition at never before levels. Continuing in the same trend, IT companies these days are facing a strange trend.
Now when market has recovered globally, with renewed [...]

Top 5 IT companies in India beat recession

The real winners are the ones who do not perish in tough times and come out victorious in all odd circumstances. Three cheers to the Indian IT companies TCS,Infy,Wipro,HCL and Cognizant who have done extremely well in the recent recession and come out victorious.
The latest Forrester Research report says that these five firms — TCS, [...]

Tata Motors inaugurates Nano factory at Sanand

Tata Motors on Wednesday 02-Jun-10 inaugurated the world’s cheapest car, the Nano’s, manufacturing facility here, nearly two years after it was forced to shift the plant out of West Bengal over a land row.

The new plant at Sanand was inaugurated by Gujarat Chief Minister Narendra Modi and Tata Group Chairman Ratan Tata, who [...]

Infosys, TCS & Wipro hired 20,000 employees in Jan-Mar

The three IT giants Infosys Technologies Ltd, Tata Consultancy Servjces and Wipro hired over 20,000 employees in the January-March quarter, with improving business conditions propelling their recruitment plans.

According to human resources experts, IT and IT-enabled services are expected to see a huge jump in hiring this year and major companies in the sector have [...]

India UID Project – UIDAI – Techies from Google, Intel, Cisco, Oracle, Genpact, CA, CTS, Infosys, HCL and Satyam applied for sabbatical roles

Young techies are professionally attracted by the prospect of being associated with the government’s unique ID project, with over 500 applications pouring in till date for voluntary or sabbatical roles with the Unique Identification Authority of India (UIDAI) chaired by Infosys co-founder Nandan Nilekani.

As per data complied by the Authority, CVs have come [...]

No place for Big 3 in first UID project – TCS, Infosys, Wipro & HCL out of the project

India’s top three IT companies are understood to have been rejected by the Unique Identification Authority of India (UIDAI) for a project related to the country’s biggest biometric count.

Tata Consultancy Services (TCS), Infosys Technologies and Wipro were eliminated from the selection process for the project on technical grounds. Another IT major, HCL Technologies, [...]

TCS Q4 net up 50% at Rs 2,001 crores – FY’10 profit at Rs 7,000 crores

The country’s top software exporter, Tata Consultancy Services, on Monday said its net profit rose by 50.1 per cent to Rs 2,001 crore (Rs 20.01 billion) for the fourth quarter ended March 31, 2010.

As per the Indian accounting standards, its revenues from the operations for the reported period stood at Rs 7,738 crore [...]

Infosys, TCS, IBM, HCL … ? Who’s gonna build World’s largest biometric database ? UID Software Tender!

UID Project is now getting into the operational mode, with 120 crores already allocated in 2009-10 budget and 1900 crores sanctioned for 2010-11 year.. project in the country for many of the Indian IT companies. …1. Infosys 2. TCS 3. IBM 4. Wipro …  Mastek / MindTree / Logica / Siemens *… the final 3 IT companies would be selected who gonna build and manage the UID software part..