Though there are problems like spiraling costs, attrition and rising rupee, IT major Tata Consultancy Services (TCS) is carrying on well with its expansion spree. Over the past one month, the IT giant has signed contracts worth over $1 billion dollars, which includes the latest one with telecom major BSNL worth $140 million and with UK-based Pearl Group worth $ 800 million.
The IT major will charge new customers between 3 and 4 per cent more.
http://www.ibnlive.com/news/forget-low-cost-pay-more-infosys-tells-us-clients/47665-7.html
Tata Consultancy Services is on an expansion spree.
http://www.ibnlive.com/news/tcs-wins-16-million-contract-from-australian-firm/47275-7.html
Lack of management support, spiraling costs, attrition may spoil the TCS party.
http://www.ibnlive.com/news/tcs-facing-resource-crunch-for-its-15-billion-contract/47114-7.html
RBI monetary policy did not address the problem posed by rising rupee.
http://www.ibnlive.com/news/even-rbi-has-no-answer-for-rising-rupee-crisis/46003-7.html
IT industry sucks up most of the engineering talent in India.
http://www.ibnlive.com/news/best-engineers-are-joining-it-says-infosys/45737-7.html
IT firms in Bangalore have decided their employees will have to put in extra hours.
http://www.ibnlive.com/news/rupee-rise-it-companies-ask-staff-to-put-extra-hours/45370-7.html
Satyam registered a fall of 2 per cent in its Q1 net profit.
http://www.ibnlive.com/news/satyam-profits-hit-by-rising-rupee-fall-2-on-quarter/45291-7.html
Wipro net profit have gone down 15.2 per cent against previous quarter.
http://www.ibnlive.com/news/wipro-profits-stay-afloat-against-rupee-tide/45222-7.html
TCS posted 1 pc growth in revenues and net profit to Rs 5,202.89 cr.
http://www.ibnlive.com/news/tcs-scores-above-infy-despite-rising-rupee-wages/45143-7.html
Wipro, Tata Consultancy Services, Infosys, Satyam are clear winners.
http://www.ibnlive.com/news/wipro-satyam-among-top-20-it-firms-earn-28-billion/44997-7.html
Satyam may meet rupee guidance and revise dollar guidance up whereas TCS margin may fall.
http://www.ibnlive.com/news/tcs-satyam-feel-the-impact-of-wage-hikes/44867-16.html
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