RIL and TCS have in the past also competed with each other for the number one position in terms of market capitalisation
TCS's annual report revealed that the company reported growth across all verticals in FY19 led by the UK and Continental Europe
Ramakrishnan V, TCS' chief financial officer, took home Rs 4.13 crore package in FY19
Computer Sciences Corp (CSC) had accused TCS of misappropriating its trade secrets in a lawsuit filed with a US district court
TCS said, it has never used CSC's proprietary data for TCS's own benefit and certainly has not used any such information to develop a competing product
A US-based insurance platform provider has claimed TCS is using its trade secrets to build a competing software platform, as part of TCS BaNCS, in the life insurance market
The multi-year partnership was aimed at equipping India Post with modern technologies
The revenue gap between both the companies, which stood at around $5 billion in 2013-14 (FY14), has now crossed $9 billion at the end of 2018-19
TCS Chief Operating Officer N Ganapathy Subramaniam asserted that if TCS found the right framework, it 'will not hesitate' to make an offer
Mukherjee joined TCS in 1980 after completing his BE in electrical & electronics engineering from BITS Pilani
For FY19, TCS reported Rs 31,472 crore in net profit, an increase of 21.9 per cent over the previous fiscal year
The company also announced a final dividend of Rs 18 per equity share
The sector, overall, is expected to post good results for the March quarter, the final one for 2018-19
The expanding scope of the organisation and the manner in which it has evolved has helped craft the present identity of the company
In the quarter just gone, TCS' net margins saw a dip of 90 basis points to 25.6 per cent despite posting strong growth in revenues and profits
The Mumbai-headquartered company's profit grew 24.1 per cent year on year (YoY) and 2.58 per cent sequentially.
The management said it was confident of posting double-digit revenue growth in the full year
Recovery in BFSI, faster traction of digital revenue seen boosting firm's prospects
The proposed IT park is expected to generate 30,000 job opportunities
According to the author, after nationalisation of banks by the Indira Gandhi government in 1969, there was declining business with banks as the Centre did not want computers in India