Consultancy

Tata Consultancy Services (TCS) on Tuesday ruled out cutting down on hiring, saying it has no plans of doing so but it may have to pace hiring according to the evolving demand scenario. TCS is the largest Indian software exporter in terms of headcount, revenue and profit. The statement comes amidst a report that the software industry is going soft on hiring as demand falters from their key markets and some of them are even going back on their campus offers. Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

The next fiscal year is expected to be better for technology services than the current year, said Tata Consultancy Services chief operating officer NG Subramaniam. Though clients are not cutting down on the budgets in the ongoing fiscal 2024, they are optimising every aspect of the business since macro uncertainties remain, he told ET in an interview.“It's difficult to put a number at (the growth next year), because of the way the market uncertainties are. But I feel that FY25 will be a better year than 2023 (FY24),” said…

Senior staff members of a German consultancy, Loening GmbH, have distanced themselves from an audit conducted by their firm, in which they gave Volkswagen's Chinese arm a clean chit on allegations of human rights violations, for using forced Uyghur labour…

The Indian space industry is valued at $8 billion today but it can grow to $40-100 billion by 2040, if we play our cards right, a report by consultancy firm Arthur D. Little has revealed. For that, we need to establish India as a satellite manufacturing hub, and create programs under ISRO…

Seplat Energy has terminated a consultancy agreement involving the company’s wholly owned subsidiary and its co-founder and immediate past chairman, A.B.C. Orjiako. Mr Orjiako, acting through Amaze Limited, was required to offer specified support with some external stakeholder engagements after exiting the board last year according to details of the pact, Seplat said in a statement on Thursday. Members of the board of directors of Nigeria’s biggest oil & gas company by market value unanimously terminated the…

When Puerto Rico started bankruptcy proceedings in 2016, the US island territory became McKinsey’s newest client. The company was hired to advise a federally appointed oversight board and, according to a report in New York magazine, set about creating an “aspirational vision” for Puerto Rico, appointing a 31-year-old Harvard graduate as the project’s senior full-time consultant. A 2016 Columbia graduate assisted with financial calculations and job cuts (euphemistically termed “rightsizing measures”), and a recent Yale…

India's largest IT services firm Tata Consultancy Services (TCS) on Friday reported a 5.2 percent year-on-year rise in consolidated net profit to Rs. 9,478 crore for the first quarter ended June 30. The consolidated revenue from operations increased 16.2 percent year-on-year to Rs. 52,758 crore in the first quarter of FY23.TCS has declared an interim dividend of Rs. 8 per equity share of Re. 1 each.TCS Chief Executive Officer and Managing Director Rajesh Gopinathan said: “We are starting the new fiscal year on a strong…