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TCS REORGANIZATION
Lemon Tree Hotels shares rally 4% as Warburg Pincus checks in; Nuvama sees 19% upsideLemon Tree Hotels' shares rose following a strategic reorganisation and a Rs 960 crore investment from Warburg Pincus. The company will spl...- Stocks in news: TCS, HCL Tech, DMart, ICICI Lombard, RIL, Lemon Tree HotelsMarkets extended their decline on Friday, mirroring weak global cues and disrupting the Nifty's short-term up move. Several companies like ...
- TCS splits AI business unit, hires specialist AI talent to drive growthTCS has split its AI.Cloud business into separate AI and Cloud units to tap growing market potential. The AI unit, now led by Siva Ganesan,...
- IT companies are deploying new tricks to lure staff to officeIT firms are implementing measures to encourage office attendance post-pandemic, curtailing the flexibility granted during COVID-19. Employ...
- How Chandrasekaran catalysed Tata Group's reboundA look at the journey of Tata Group since the first non-family professional headed Tata Sons
- TCS Q1 net profit rises 28.5% to Rs 9,008 croreIndia’s largest software exporter declared an interim dividend of Rs 7 per share.
- N Chandrasekaran gets down to business, could soon shut or sell off misfiring Tata companiesA Fortune report says Tatas are in 'urgent need' of renovation, with some of its biggest businesses sluggish and vulnerable to smaller, nim...
- Under new CEO Rajesh Gopinathan, TCS recasts service lines, reshuffles business headsTCS has also reshuffled business heads. Krishnan Ramanujam, to whom all of the company's service heads will report, will report to new CEO ...
- Infosys horizontal delivery heads to operate under profit & loss responsibilitiesIn the next two quarters, the company is putting in place the strategy so the new P&L structure can begin to operate from the next financia...
- As e-commerce space gets saturated, investors zero in on firms developing artificial intelligence solutionsAs the ecomm space gets saturated, investors sniffing out the innovative use of technology are zeroing in on companies developing artificia...
- Combined capabilities of TriZetto & Cognizant can let us cash in on big opportunities: Rajeev Mehta, CEO of IT services, Cognizant"We have to retrain and reskill our staff and I think you saw a conscious effort on that over the last couple of quarters….we still have so...
- Accumulate Infosys stock aggressively: Prakash DiwanThe company can take some path breaking decisions in terms of restructuring, says Prakash Diwan.
- Our ambition is to be the partner of choice for global companies: N Chandrasekaran, CEO, TCSThe world of technology services is changing in ways that cannot be anticipated and TCS is doing all it can to cope with this uncertainty.
- Balakrishnan exit puts brakes on Infosys rally; stock down over 2%Investors don't have to worry about marginal correction in the stock as the long term story for Infosys is still intact, say analysts.
- Risks on Infosys continue to pile up, TCS better bet: AnalystsThis comes after Infosys announced the exit of V Balakrishnan, marking the eighth senior management exit in six months.
- How analysts are viewing Infosys ahead of resultsInfosys is likely to see more upside ahead of its results as well as post earnings and any dips should be used to go long, say analysts.
- Infosys may prune staff overseas to reduce costs and boost marginsThe effort is being spearheaded by Narayana Murthy, who along with son Rohan Murty, has been in the US meeting clients and addressing emplo...
- Infosys sees more European companies for sale in buyout huntInfosys said the number of European cos with “broken” economic models has risen, increasing opportunities for acquiring them.
- TCS set to outperform Infosys, Wipro, HCL again in Q4As global IT spending is expected to increase by 5.6% in 2011 to $3.6 trillion, analysts remain bullish on prospects of the Indian IT servi...
- 'Infosys could have non-Indian CEO in 2-3 years'A BNP Paribas report speculates that Steve Pratt, present CEO of Infosys Consulting, could step into that role.
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