TCS has appointed a new CEO for its ailing UK life and pensions BPS division Diligenta after several quarters of disappointing results (see here and work back). Long-time CEO Suresh Menon has been replaced by Daniel Praveen, the director of ... Tech Market View, 5 days ago
TCS ropes in Daniel Praveen to revive insurance business - Times of India, 1 week ago
TCS to turn around sick insurance biz, names Daniel Praveen as Diligenta CEO - Economic Times, 1 week ago
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Uncertainty at its UK-based Diligenta unit and energy and telecom sectors is likely to persist, Chandrasekaran said. Photo: Reuters Mumbai: N. Chandrasekaran , chief executive officer and managing director of Tata Consultancy Services Ltd ( TCS ), ...Livemint.com, 1 week ago TCS exits FY15 on a subdued note; announces Rs 2,600 cr bonus for employees Financial Express, 1 week ago
On the insurance vertical, company's Diligenta business saw a slow down from past few quarters. As per the company, this slow down is because of the nature of the business which has long deal cycles and they do not have solid pipeline in insurance front.India Infoline, 1 week ago Q4 miss on poor macro, weak demand; bullish digital biz:TCS Moneycontrol.com, 1 week ago Growth from Europe to be ahead of company average: N Chandrasekaran, TCS Economic Times, 1 week ago Q4 result miss over poor macro, demand conditions: TCS Moneycontrol.com, 1 week ago
Can TCS sustain the current margin growth in 2016? - Many analysts started voicing their apprehension on its growth plan for FY 2016
Many analysts started voicing their apprehension on its growth plan for FY 2016 Enterprise April 20, 2015 0 Thomas George This is the question in mind after noting another muted Q4 FY15 performance (INR 242,198 mn) by TCS with 1.1 p.c.Cyber India Online, 5 days ago
The Tata Consultancy Services (TCS) stock plunged four per cent as the company yet again missed its revenue growth estimate. N Chandrasekaran, managing director and chief executive, in an interview with Shivani Shinde Nadhe and Sheetal Agarwal, acknowledges the market is punishing the firm for not meeting expectations and says 2015-16 will be a good year but some sectors will struggle. Excerpts. Are you satisfied with the growth numbers of 2014-15? We are happy with the way we have performed.Rediff.com, 1 week ago You run several races, then you lose one: N Chandrasekaran Business Standard India, 1 week ago
Motilal Oswal CMP: ₹2,476.20 Target: ₹2,700 Over the past five years, TCS has led the incremental revenues as well as operating profits not just domestically, but also in the global arena (compared to peers multiple times its size); and its ...Hindu Business Line, 1 week ago Drop in TCS growth momentum is worrying Livemint.com, 1 week ago
Following a little weaker than expected revenue growth in the March quarter, Tata Consultancy Services' stock fell 4.2% in Friday's trading to Rs 2,476.2, as against a 0.8% decline in the benchmark S&P BSE Sensex. However, barring Infosys (down ...Business Standard India, 1 week ago
The market continued its downtrend for the third consecutive session on Friday due to profit booking and weak global cues. The broader markets followed the same trend too. The 30-share BSE Sensex lost 223.94 points to 28442.10. The 50-share NSE ...Moneycontrol.com, 1 week ago
Higher forex gains and margin improvement compensated for the weak revenue growth posted by Tata Consultancy Services (TCS) in the March quarter (Q4). A weak show in three verticals - insurance (particularly that of Diligenta acquisition), telecom ...Smart Investor, 1 week ago
ncy Services surprised staff and investors alike by announcing a onetime "Special Reward" for employees, the decision to set aside arguably the biggest bonus pot —at Rs 2,628 crore — in India Inc's history overshadowing news of what analysts ...Economic Times, 1 week ago TCS to give its employees one-time bonus of Rs 2,628 crore Economic Times, 1 week ago
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