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<keyword id="6357585" type="CITY" weightage="80" keywordseo="Tata-Consultancy-Services">Tata Consultancy Services</keyword> (<keyword id="6357150" type="CITY" weightage="80" keywordseo="TCS">TCS</keyword>) reported a 12.9% YoY growth in profits. Its Profit After Tax (PAT) for the first quarter of the current financial year is at Rs 5709 Crores. 
 
The company’s total revenue for Q1 is up by 16.1% YoY and 6.0% QoQ at Rs 25,668 Crores. 
 
The company margin reported at on ehigher than what analysts predicted. It is currently at 26.3%. Utilization came in 86.3%. And the company reported volume growth of 4.8%. 
 
Commenting on the results, TCS CEO N Chandrasekaran said, "Demand from core markets like North America &amp; greater traction for 'Digital' solutions has driven volumes &amp; growth in Q1." "We are investing to train over 100,000 professionals this year in all relevant technologies," he added. 
 
TCS has fuelled hopes in India’s IT earnings this quarter which is expected to be good for most except Tech Mahindra. 
 
(Image credit: Indiatimes)

TCS registers
net Q1 profits of Rs 5709 Crores

<keyword id="6357585" type="CITY" weightage="80" keywordseo="Tata-Consultancy-Services">Tata Consultancy Services</keyword> (TCS) is the biggest IT services provider in India. They have managed to take the lead over companies like <keyword id="6354512" type="CITY" weightage="80" keywordseo="Infosys">Infosys</keyword> and <keyword id="28126" type="CITY" weightage="80" keywordseo="HCL">HCL</keyword> in a big way. Now the company is eyeing to accumulate more wealth from emerging businesses. 
 
TCS has said there is big opportunity in the Big Data, Cloud and mobility business. They have said that the company can earn up to 5 Billion USD in the next 3-4 years from these businesses. Cloud, Big data and mobility have grown in a large manner in the world as well as India. The mandate is growing by the day, as businesses and people are looking towards them and steadily demanding for services around them. 
 
This is a big opportunity for IT services companies like TCS to quickly adapt and procure a solid spot in the eco system. This will enlarge their gamut and also get the company ready for the next level. 
 
"The way to look at it is that, when I originally said it, I said that over the next three to four years we will do $5 billion cumulative. But now, I think we will do much more than that on a cumulative basis," said TCS CEO and Managing Director N Chandrasekaran. 
 
We do believe the numbers are achievable and do look realistic as far as a four year plan is concerned. Cloud services is a large emerging sector and is the next big place to be in. Our prediction is most of TCS’s money should come from this sector (overseas included), closely followed by Mobility.

TCS Wants To Make 5 Billion USD In The Next Few Years From
Cloud, Big Data And Mobility

<keyword id="6357585" type="CITY" weightage="100" keywordseo="Tata-Consultancy-Services">Tata Consultancy Services</keyword> (TCS), India’s largest IT services company, is piloting a digital learning project for its employees and fresh recruits, a move aimed to reduce the time spent in their training. 
 
Indian IT firms have been looking for ways to maintain margins, one of which is to boost the utilisation rate of employees. 
 
“We are piloting more digital training internally and we can extend this to students hired from campus. Obviously, I can’t do the three-month training before they join, but our assumption is this will help reduce training time and make them productive quicker,” said Ajoyendra Mukherjee, head of global HR at TCS. 
 He also added that the digital recruitment through <keyword id="6354576" type="CITY" weightage="60" keywordseo="Facebook">Facebook</keyword> and <keyword id="28120" type="CITY" weightage="60" keywordseo="Linkedin">LinkedIn</keyword> had decreased the number of hiring done by third-party recruiters. 
 
“A majority of our recruitment is now done directly. We use third-party recruitment firms just for niche and senior positions,” he said during a Press conference to discuss the findings of the company’s fifth GenY survey. 
The survey, which explored the social media and the Internet usage habits of 18,000 students, showed that Google+ is beginning to gain popularity among the youth. 
 
“These surveys help us understand the workforce for tomorrow and helps us make investments in the future,” said Mukherjee.

TCS
Piloting Digital Learning Project To Reduce Training Time For Fresh Recruits

<keyword id="6357585" type="CITY" weightage="80" keywordseo="Tata-Consultancy-Services">Tata Consultancy Services</keyword> (TCS) stocks have gained over 8% in the last half year six as compared to the 5% gain in the benchmark. Over half of the stock gain happened in the past three weeks. This was in expectation of a strong quarterly performance in the June 2015 quarter. 
 
TCS will report its quarterly numbers on July 9, 2015. It will be a crucial quarter for the company after the stunted revenue growth reported in the previous two quarters. 
 This time there is a reason for investors to hope for a better performance since other <keyword id="6357647" type="ORGANIZATION" weightage="80" keywordseo="IT-Companies">IT companies</keyword> have usually shown greater revenue traction during the first two quarters of the fiscal the year, i.e. the June quarter and the September quarter. 
 
(Image credit: Indiatimes)

TCS may register 4-5% sequential growth in dollar
revenue for Q1 in 2016

Indian IT services company <a href="http://www.businessinsider.in/searchresult.cms?query=Tata+Consultancy+Services">Tata Consultancy Services</a> reported a 3% sequential revenue growth in Q2. The company fell short of the higher expectations set by <a href="http://www.businessinsider.in/searchresult.cms?query=Infosys">Infosys</a>. 
 
<a href="http://www.businessinsider.in/searchresult.cms?query=Tata+Consultancy+Services">TCS</a>' revenue grew by 3% to $4.2 billion. The net profit rose 3.2% sequentially to $926 million. The company reported an operating margin of 27.1%. That’s an improvement of 78 basis points sequentially. 
 
This average growth may end up hampering <a href="http://www.businessinsider.in/searchresult.cms?query=Tata+Consultancy+Services">TCS</a>’ growth aspirations. 
 
Image credit: Indiatimes

TCS
rakes in over Rs 27k Crores in Q2

BANGALORE: This is a landmark for Indian IT. The country's largest IT services provider, <keyword id="6357585" type="CITY" weightage="40" keywordseo="Tata-Consultancy-Services">Tata Consultancy Services</keyword> (TCS), has broken into the league of top 10 global IT services companies, moving from the 13th position in 2012 to the 10th spot in 2013. 
 
Twelve years ago, when TCS' revenues were about $1 billion, then CEO S Ramadorai had laid out a vision to be among the top 10 by 2010. It's taken a little longer, partly because of the global financial slump of 2008-09, but the company has now got there, and considering the pace at which it is growing compared to its global counterparts, the ranking could get better fairly quickly in the years to come. 
 
"Talk to any incumbent western service provider today, and the one making them all tremble from the sub-continent is TCS," writes Jamie Snowdon, executive VP of research operations at HfS Research, the consultancy firm that compiled the ranking. 
 TCS is estimated to have IT services revenues of $10.1 billion (out of its total revenues of about $12.5 billion). IBM ($54.4 billion), <keyword id="102186" type="CITY" weightage="40" keywordseo="Fujitsu">Fujitsu</keyword> ($32.1 billion), <keyword id="6528042" type="CITY" weightage="40" keywordseo="Hewlett-Packard">Hewlett-Packard</keyword> ($29.2 billion) and <keyword id="6370971" type="CITY" weightage="40" keywordseo="Accenture">Accenture</keyword> ($25.4 billion) lead the list. 
 
The research compares IT services, and excludes other areas such as BPO, R&amp;D services and software/hardware products. And it uses figures for the four quarters of calendar year 2013. TCS rose to the 10th spot displacing Montreal-based IT services firm CGI. 
 India-based companies Cognizant, Infosys, Wipro and <keyword id="28126" type="CITY" weightage="40" keywordseo="HCL">HCL</keyword> are at the 15th, 18th, 20th and 25th positions, respectively, all of them rising by one to three spots compared to 2012. HfS Research believes that Cognizant could be in the top 10 in the next 2-3 years, may be at the expense of US IT company CSC. CSC's revenues last year had dropped compared to the year before. 
 
On TCS, HfS says its aggressive targeting of renewals and new business, particularly in continental Europe, was an important factor in driving its assault on the leaders. TCS, it said, is frequently seen as being the most flexible service provider on pricing and terms, and has a developing reputation for winning any deal anywhere in the world at any price, if it really wants. 
 
"The firm is increasingly being perceived by many today as an alternative provider to the Western Tier 1s, that can come in and fix messy contracts and implementations; it has shown an appetite and willingness pick up a lot of the low-margin, low-value work that seemingly every Western Tier 1 wants out of and make the deals profitable and leverageable across clients," said Phil Fersht, CEO of HfS. TCS also has an extraordinary profit margin, something that's normally difficult to achieve in conjunction with high revenue growth.

Tata Consultancy Services Joins Top 10 Global IT Services Companies Club

India's <keyword id="6368235" type="ORGANIZATION" weightage="20" keywordseo="IT-services">IT services</keyword> company <a href="http://www.businessinsider.in/searchresult.cms?query=Tata+Consultancy+Services">Tata Consultancy Services</a> is increasing the notice period for its Indian employees to three months from this March. This comes at a time with the Indian <a href="http://www.businessinsider.in/searchresult.cms?query=IT+sector">IT sector</a> is grappling with higher attrition. 
 
"The company has reviewed the Notice Period policy and based on employee feedback and prevailing practices decided to revert to the earlier notice period of 90 days served with effect from March 1, 2016. This will be applicable to India-based employees," Ajoyendra Mukherjee, Executive Vice President and Global Head - HR said. Mukherjee added that the notice period was three months until October 2007, when the company decided to change it. 
 
TCS has well over 300,000 employees, the overwhelming majority of whom are in India. 
 
A TCS spokesperson confirmed the change but declined to comment. 
 
Image credit: Indiatimes

TCS
to increase notice period to three months from March

<ul><li><keyword id="6357150" type="General" weightage="20" keywordseo="tcs" source="Orion">TCS</keyword> is hiring arts, commerce and science students who will graduate in the year 2022 under their programme ‘TCS BPS Freshers Hiring — YOP 2022’.</li><li>The last date to apply for the programme is January 7, 2022.</li><li>The company will conduct a 65 minute test as a part of their selection procedure on January 7, 2022.</li></ul>Tata Consultancy Services (TCS), a Indian multinational information technology (IT) services and consulting company, is hiring arts, commerce and science students who will graduate in the year 2022 for these business units — cognitive business operations (CBO), banking and financial services and insurance (BFSI), and life sciences under their programme ‘TCS BPS Freshers Hiring — YOP 2022’. The online registration has already started and the last date to apply for the programme is January 7, 2022. TCS will conduct a 65-minutes test, which will be the first round of the selection procedure. The test will be conducted on January 26, 2022. Candidates who manage to clear the first round will be called for an interview. The date of interview will be announced by the company later on. Eligibility criteria for the BPS Freshers Hiring programme <ol><li>Full time graduates from Bachelor of Commerce (B.Com), Bachelor of Arts (BA), Bachelor of Accounting and Finance (BAF), Bachelor of Banking and Insurance (BBI), Bachelor of Business Administration (BBA), Bachelor of Business Management (BBM), Bachelor of Management Studies (BMS), Bachelor of Science (BSc) — Information Technology (IT)/Computer Science(CS), Bachelor of Computer Applications (BCA), Bachelor of Pharmacy (B.Pharm), Master of Pharmacy (M.Pharm), who will graduate in the year 2022 can apply.</li><li>Candidates should not have any active backlog at the time of appearing for the test.</li><li>Overall gap in academics should not exceed 2 years.</li><li>Candidates should not have any extended education in their highest qualification.</li><li>Candidates should be comfortable working in a dynamic work environment or rotating night shifts depending on project requirements.</li></ol>About the test Candidates who wish to be a part of the programme will have to clear the first round of test, which will be conducted on January 26, 2022. The test will be of 65 minutes and will contain questions from these sections — numerical ability ( 26 questions), verbal ability (24 questions), reasoning ability (30 questions). Candidates can refer to this <a href="https://learning.tcsionhub.in/OnlineAssessment/index.html?1016@@M706">mock test</a> provided by the company. How to apply for the programme <ol><li>Open and login the <a href="https://nextstep.tcs.com/campus/#/">TCS Next Step</a> portal on any smart device.</li><li>Click on ‘Register Now’ and then select ‘BPS’ to apply.</li><li>An application form will appear on your screen, fill out all your details carefully.</li><li>Then, click on ‘Submit’ to complete your application. Candidates who still have doubts regarding how to fill the application form, can refer <a href="https://www.tcs.com/content/dam/tcs/images/corporate-tcs/careers/Hero-widget/TCShiringdriveAug21/TCS%20Nextstep%20Portal%20Registration%20Handbook%20Template_%20V3.pdf">here</a>.</li></ol>Interested candidates can seek more information <a href="https://www.tcs.com/careers/tcs-bps-fresher-hiring">here</a>. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/internship-at-the-world-bank-checkout-criteria-how-to-apply-and-other-details/articleshow/88253446.cms">Internship at the World Bank — Checkout criteria, how to apply and other details</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/thelife/personalities/news/tesla-boss-elon-musk-named-person-of-the-year-by-time-magazine/slidelist/88269832.cms">Tesla boss Elon Musk named ‘Person of the Year’ by Time magazine</a>

You Searched For "tata consultancy services" and got 8 results

TCS registers net Q1 profits of Rs 5709 Crores

BI India Bureau

TCS Wants To Make 5 Billion USD In The Next Few Years From Cloud, Big Data And Mobility

Sulabh Puri

TCS Piloting Digital Learning Project To Reduce Training Time For Fresh Recruits

TCS may register 4-5% sequential growth in dollar revenue for Q1 in 2016

BI India Bureau

TCS rakes in over Rs 27k Crores in Q2

BI India Bureau

Tata Consultancy Services Joins Top 10 Global IT Services Companies Club

Economic Times

TCS to increase notice period to three months from March

BI India Bureau

Tata Consultancy Services is hiring college freshers who will graduate in 2022

Vaamanaa Sethi

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