TCS, India’s largest IT service provider, has long been outshined by the likes of Wipro and Infosys, but in past few years they clearly have been able to stand ahead of the race. By leveraging its technical and domain capabilities, refurbishing the performance management system and giving a face lift to its weak spots, TCS have been able to become the most valuable company in India by market capitalization.
Here’s our list of top 10.
Indian workforce of 487 million is the second largest after China. Only 6% of this workforce work in organized sector and the rest in predominately labour-focused unorganized sector.
Here’s our list of eight largest employers in India.
TCS has been fined $940 million, or Rs. 6,100 crore, by a jury in the US on the charges of stealing healthcare software from an American healthcare company. This is one of the most serious verdicts ever handed down on an Indian company abroad.
At an event organised by Indian School of Business (ISB), Hyderabad, Narayana Murthy, the co-founder and emeritus Infosys, who was conferred an honorary doctorate at the premium management school, has made a rather controversial statement.
The Infosys founder was reported as saying that Indian IT companies act as “Immigration agents”, referring to the huge onslaught of employees that are sent abroad every year to work onsite in US companies.
Tata Consultancy Services (TCS) has been named among the top employers in the United States for 2016 by the Top Employers Institute, an employer certification agency.
You have a long waiting period in store if you’re trying to leave your TCS job. India’s largest employer in the IT services industry has announced that it is extending its notice period to 3 months starting March this year. The current notice period at the company is one month.
Indian IT consulting giant Tata Consultancy Services (TCS) has been rated as the world’s most valuable IT company by a UK valuation firm.
The horrific floods in Chennai that disrupted normal life and left over 300 people dead have also left their mark on the city’s IT industry. Owing to offices being flooded and hence closed down, IT companies with a presence in Chennai will see reduced revenues this quarter.
Every year thousands of Indians move to the USA for greener pastures. Amongst the topmost of all the US immigrants from India are engineers and software developers from TCS and Infosys, two of the biggest IT services providers. The numbers are so huge, that almost 50-70% of the work permits by the US embassy are given out to Indians. However, in a major revision this year, the embassy has doubled the fees of the H1B (work permit) and L1 (resident) from $2000 to $4000. Infosys and TCS will hit feel the pinch.