TCS and GE join hands to reduce gas turbine manufacturing cost

IT services provider Tata Consultancy Services(TCS) said it developed a solution to reduce the manufacturing cost and time of gas turbines in collaboration with General Electricals (GE). The digital solution along with GE’s operating system will analyze temperatures at various points on the metal turbine parts when they are assembled and cooled thereby allowing the […]

TCS launches new retailer-customer bonding software in the US

Tata Consultancy Services, a leading IT company from India, today announced a new software that enables retailers to gauge customer behaviour data from sensors placed in retail stores that can measure and analyse their movements and buying behaviour, said the company. This can help the retailers understand and deliver a personalised experience to their customers […]

TCS expands outsourcing deal with US Airline JetBlue

Tata Consultancy Services said it will expand its three-year engagement with US Airline JetBlue to include several new projects. The initial contract covered areas such developing new platforms, quality assurance and infrastructure services. Under a new deal, TCS will now provide new services to improve data analytics and operational agility, and to develop innovative tools […]

TCS launches VoLTE solution for telecom companies

Tata Consultancy Services launched a solution to enable Voice over LTE services for virtualized networks. Virtualilized networks refer to software-defined networks that lives on top of a large number actual or hardware networks. Many telecom operators are moving to virtualized networks and away from ‘bare metal’ networks to increase resilience and flexibility of the networks. […]

TCS becomes ‘Premium Partner’ to Adobe in quest for digital growth

Tata Consultancy Services said it has has been selected by digital media company Adobe as a Premier Partner, the highest level of partnership among Adobe’s global ecosystem. “This new partnership enables TCS clients to fully leverage Adobe’s Marketing Platform and its core solutions, allowing them to design and execute customized strategies and integrated marketing campaigns […]

FITE says TCS Chennai termination case only partly resolved

FITE, which was formed by disgruntled IT workers to prevent large-scale layoffs in the sector, hailed the withdrawal of the termination letter to a female employee that has been challenged in a labor court in Chennai. The ‘Forum for IT Employees’, a semi-formal organisation that uses social media extensively for propagating its stands and attracting […]

POLL: FITE to hold protest at Jantar Mantar in Delhi against terminations

FITE said it would hold a protest in Delhi today at 1 pm against what it called unjust termination of staff by TCS. TCS had, in its earnings press conference yesterday, asserted that the company had a policy of ‘involuntary attrition’ of those who failed to keep up with performance requirements. It also said only […]

Is the golden age of the IT professional over as Infosys, TCS, Wipro lose weight?

Wipro will cut one third of its employee base. Tata Consultancy Services to apparently let go off 25,000 senior employees (according to Business Standard). Infosys is in the middle of a transformation aimed at limiting the number of employees and increasing the use of automation. Is the golden age of Indian Information Technology over? More […]

Valuation of IT stocks like TCS, Infosys at historic lows, not much downside – Edelweiss

Stocks of Indian IT service providers like Tata Consultancy Services, Infosys Ltd, HCL Technologies etc. are near their historic lows in terms of valuation and do not have much more scope for further correction, Edelweiss Financial Services said. “IT stocks have corrected sharply in the past couple of months led by INR appreciation and portfolio […]