Outsourcing boosts TCS: earnings rise 26%; Indian firm pursues about 20 large deals
Article Abstract:
Fiscal second-quarter net profit for India's Tata Consultancy Services Ltd. rose by 26% to reach $318.4 mil, due primarily to demand for outsourcing services. Software service net sales also increased by 26%, boosted by the addition of 51 new customers. TCS is currently negotiating 20 sizeable deals.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Tata Consultancy's net rises 72%
Article Abstract:
Tata Consultancy Services of India has posted a soaring 72 percent increase in net profit for the fourth quarter. Net profit was 8.09 billion Rupees (179.8 million) from 4.7 billion Rupees last year. Revenue gains for the software company were driven by growth in demand for outsourcing.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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Tata Steel Takes Steps To Help Prevent Takeover
Article Abstract:
Tata Sons Ltd. increased its share of Tata Steel by 10%, in an effort to prevent takeover attempts. It already has a 20 percent share in the steel company.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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