Tcs Revenues From India
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TCS, Infosys Have Highest Exposure to US Regional Banks, Says JP Morgan After SVB Collapse
Top Indian information technology firms Tata Consultancy Services and Infosys have the highest exposure to regional banks in the United States that are gripped by a financial turmoil, analysts at JP Morgan said on Friday.
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Tata Consultancy Services Reports Revenue Increase of 16.7 Percent YoY to Rs 52,758 Crore
Tata Consultancy Services (TCS) on Friday reported that consolidated revenue from operations increased 16.2 percent year-on-year to Rs 52,758 crore in the first quarter of FY23. The country’s largest IT services firm announced a 5.2 percent year-on-year rise in consolidated net profit to Rs 9,478 crore for the first quarter ended June 30.
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Reliance Gives India Second $100-Billion Firm in Three Months
Shares for the billionaire Mukesh Ambani-helmed company jumped as much as 5.8% on Thursday, sending the market value to Rs 6.9 lakh crore.
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TCS Net Profit Falls 10% To Rs 5,945 Crore In June Quarter
TCS' operating margin fell to 23.4 per cent in June quarter from 25.7 per cent in March quarter.
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TCS Well-Positioned To Continue Leading India Market, Says CEO Gopinathan
The Mumbai-headquartered company gets about 6 per cent of its global revenues from India, while for Infosys, the number stands at 3.4 per cent.
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Banking, Financial Services Segment Ahead of Overall Growth: TCS
Company's revenues from the BFS industry vertical grew by 15 per cent year-on-year in constant currency terms in calendar year 2015, its CEO and Managing Director N Chandrasekaran told PTI.
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India IT Firms May Raise Fees to Counter Dearer US Visas
India's roughly $150 billion outsourcing sector generates about three quarters of its revenue from the United States.
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H-1B, L-1 Visa Fee Doubled: Infosys, TCS May be 'Worst' Affected
Infosys gets over 60 per cent of its revenue from the US, while TCS - India's biggest outsourcer - gets around 50 per cent of its revenue from North America.
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Tech Mahindra Eyeing 10% Revenue From Digital Services: Anand Mahindra
Speaking at Tech Mahindra's Annual General Meeting, Chairman Anand Mahindra said the company has over 2,500 people trained in digital specialisations and over 200 consultants to tap into the multi-billion opportunity.
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TCS' R&D Spending Dips Marginally to Rs 909 Crore in 2014-15
The R&D and innovation expenditure, as a percentage of total turnover, declined to 0.96 per cent during 2014-15 from 1.12 per cent in the preceding financial year.
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TCS Eyes $5 Billion Revenue From Digital; Hires Over 1,500 This Fiscal
"TCS has made a lateral hiring of over 1,500 experienced professionals with core digital skills."
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TCS Hires 1500 in FY15, Eyes $5 Billion From Digital Vertical
Targeting a revenue of up to $5 billion from the digital vertical in the next few years, Tata Consultancy Services (TCS), Indias largest software exporter, on Wednesday said it has hired 1,500 experienced hands in the segment so far this fiscal year.
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India Business Growing but on Watch Mode: TCS
Despite rising revenues from India, IT services major Tata Consultancy Services (TCS) remains cautious on the country saying it is waiting for "more broad-based confidence" to come back.
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Narendra Modi's Win May Have Mixed Impact on IT Industry
The softness in domestic demand seen over the last year has impacted IT companies like Tata Consultancy Services - India's biggest outsourcer, even though revenue from India forms a small part of TCS' overall business.
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Sensex sinks 250 points as TCS plays spoilsport
TCS reported slower-than-expected growth in dollar revenues for the December quarter on Thursday. Shares in the company traded 5.8 per cent lower at Rs 2,214 as of 3.05 p.m. India's biggest outsourcer also posted a dip in operating margins from 30.2 per cent in Q2 to 29.7 per cent in Q3.
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TCS, Infosys Have Highest Exposure to US Regional Banks, Says JP Morgan After SVB Collapse
Top Indian information technology firms Tata Consultancy Services and Infosys have the highest exposure to regional banks in the United States that are gripped by a financial turmoil, analysts at JP Morgan said on Friday.
-
Tata Consultancy Services Reports Revenue Increase of 16.7 Percent YoY to Rs 52,758 Crore
Tata Consultancy Services (TCS) on Friday reported that consolidated revenue from operations increased 16.2 percent year-on-year to Rs 52,758 crore in the first quarter of FY23. The country’s largest IT services firm announced a 5.2 percent year-on-year rise in consolidated net profit to Rs 9,478 crore for the first quarter ended June 30.
-
Reliance Gives India Second $100-Billion Firm in Three Months
Shares for the billionaire Mukesh Ambani-helmed company jumped as much as 5.8% on Thursday, sending the market value to Rs 6.9 lakh crore.
-
TCS Net Profit Falls 10% To Rs 5,945 Crore In June Quarter
TCS' operating margin fell to 23.4 per cent in June quarter from 25.7 per cent in March quarter.
-
TCS Well-Positioned To Continue Leading India Market, Says CEO Gopinathan
The Mumbai-headquartered company gets about 6 per cent of its global revenues from India, while for Infosys, the number stands at 3.4 per cent.
-
Banking, Financial Services Segment Ahead of Overall Growth: TCS
Company's revenues from the BFS industry vertical grew by 15 per cent year-on-year in constant currency terms in calendar year 2015, its CEO and Managing Director N Chandrasekaran told PTI.
-
India IT Firms May Raise Fees to Counter Dearer US Visas
India's roughly $150 billion outsourcing sector generates about three quarters of its revenue from the United States.
-
H-1B, L-1 Visa Fee Doubled: Infosys, TCS May be 'Worst' Affected
Infosys gets over 60 per cent of its revenue from the US, while TCS - India's biggest outsourcer - gets around 50 per cent of its revenue from North America.
-
Tech Mahindra Eyeing 10% Revenue From Digital Services: Anand Mahindra
Speaking at Tech Mahindra's Annual General Meeting, Chairman Anand Mahindra said the company has over 2,500 people trained in digital specialisations and over 200 consultants to tap into the multi-billion opportunity.
-
TCS' R&D Spending Dips Marginally to Rs 909 Crore in 2014-15
The R&D and innovation expenditure, as a percentage of total turnover, declined to 0.96 per cent during 2014-15 from 1.12 per cent in the preceding financial year.
-
TCS Eyes $5 Billion Revenue From Digital; Hires Over 1,500 This Fiscal
"TCS has made a lateral hiring of over 1,500 experienced professionals with core digital skills."
-
TCS Hires 1500 in FY15, Eyes $5 Billion From Digital Vertical
Targeting a revenue of up to $5 billion from the digital vertical in the next few years, Tata Consultancy Services (TCS), Indias largest software exporter, on Wednesday said it has hired 1,500 experienced hands in the segment so far this fiscal year.
-
India Business Growing but on Watch Mode: TCS
Despite rising revenues from India, IT services major Tata Consultancy Services (TCS) remains cautious on the country saying it is waiting for "more broad-based confidence" to come back.
-
Narendra Modi's Win May Have Mixed Impact on IT Industry
The softness in domestic demand seen over the last year has impacted IT companies like Tata Consultancy Services - India's biggest outsourcer, even though revenue from India forms a small part of TCS' overall business.
-
Sensex sinks 250 points as TCS plays spoilsport
TCS reported slower-than-expected growth in dollar revenues for the December quarter on Thursday. Shares in the company traded 5.8 per cent lower at Rs 2,214 as of 3.05 p.m. India's biggest outsourcer also posted a dip in operating margins from 30.2 per cent in Q2 to 29.7 per cent in Q3.
