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India's Tata Consultancy Services (TCS) on Tuesday said it will make a provision of $125 million in its third-quarter results in relation to a trade secret lawsuit filed by U.S.-based Epic Systems.
The day's move drove TCS' year-to-date gains to more than 8%, compared with a 7.5% jump in the IT index. Its shares had fallen over 1% since reporting quarterly results in April.
The poor results and commentary from India's largest IT services provider took the shine off TCS' $2 billion share buyback announcement, and also slammed shares of peers. TCS' revenue rose 7.9% to ...
Tata Consultancy Services (TCS) is an Indian multinational technology company specializing in information technology services and consulting. Headquartered in Mumbai , it is a part of the Tata Group and operates in 150 locations across 46 countries. [ 6 ]
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Natarajan Chandrasekaran (born 2 June 1963) is an Indian businessman, and the chairman of Tata Sons and Tata Group. [1] [2] He was chief operating officer (COO) and executive director of Tata Consultancy Services (TCS), where in 2009, he became chief executive officer (CEO).
Faqir Chand Kohli (19 March 1924 – 26 November 2020) was a co-founder and the first CEO of TCS Tata Consultancy Services, India's largest software services company.He was also associated with other companies within Tata Group, including Tata Power Company and Tata Elxsi, and had been President of Indian Information Technology (IT) services advocacy body NASSCOM.
India-listed TCS's software is used by exchanges around the world including ... News. Science & Tech. Shopping. Sports. Weather. 24/7 Help. For premium support please call: 800-290-4726 more ways ...