India's top IT companies -TCS and Wipro- shelled out USD 510,000 (over Rs 3.15 crore) for lobbying on issues like immigration and trade with various government agencies in the US last year, reported PTI. US-based Cognizant, which has close to 75 per cent of its 1.71 lakh global employee base in India, spent USD 1.37 million (Rs 8.48 crore) in 2013 in lobbying for immigration and tax-related issues, the report by non-profit organisation Center for Responsive Politics (CRP) said. The report said global tech companies spent over USD 140 million (over Rs 867 crore) on lobbying with the US government agencies in 2013, with Google topping the list at USD 14.06 million (over Rs 87 crore) on issues ranging from copyright to homeland security. "In addition to campaign contributions to elected officials and candidates, companies, labour unions, and other organisations spend billions of dollars each year to lobby Congress and federal agencies. Some special interests retain lobbying firms, many of them located along Washington's legendary K Street; others have lobbyists working in-house," CRP said.
Monday, 3 March 2014
Tuesday, 25 February 2014
IT major, Tata Consultancy Services Ltd said that it has received the Gold Award in the ‘Innovation in Learning’ category at this year’s Learning Awards. TCS UK and Ireland won the accolade for showcasing the prototype of its mobile learning programme, Project Midnight Sun, which was piloted in the UK, the company said in a filing to the Bombay Stock Exchange. Commenting on the development, Nupur Singh Mallick, Head HR of Tata Consultancy Services, UK and Ireland, said, “The Gold Award from the Learning and Performance Institute is great recognition and we look forward to continuing the development of Project Midnight Sun and implementing it in more countries.” The mobile-based learning programme aims to help TCS employees prepare for a move to work in one of the company’s international offices. The user-friendly programme is available anytime, anywhere and includes offline content to ensure employees are able to access information consistently, added the filing. The annual awards ceremony was organised by the Learning and Performance Institute, the filing added.
Tata Consultancy Services Ltd has informed BSE regarding a Press Release dated February 25, 2014, titled "TCS UK wins Gold Award for Innovation in Learning"
India’s leading IT services, consulting and business solutions company Tata Consultancy Services (TCS) Ltd revealed on Monday that it has earned the honour of being on the top of the list in the rankings for IT service providers in Europe, Middle East and Africa region (EMEA).
A report by leading analyst firm IDC rated TCS as being the leader in providing services to the manufacturing industry of the EMEA region.
TCS bagged praise for its ability to offer holistic support for large and diverse IT initiatives while the report also stressed on the company’s excellent track record in design and implementation of systems for the region’s leading companies.
"Manufacturers are under pressure to reduce operational expenditure and increase efficiencies, while maintaining product quality and meeting safety and regulatory norms," CS global head for manufacturing industry solutions Milind Lakkad said in the statement.
“Our solutions also benefit clients to improve time-to-market for new product releases, as each solution is tailored to ensure each business can meet its objectives within the regulatory parameters," Lakkad added.
Friday, 21 February 2014
IT major, Tata Consultancy Services (TCS), said that it has been ranked as a ‘Star Performer’ and ‘Leader’ in Insurance Business Process Outsourcing (BPO) by Everest Group. The report 'Insurance BPO – Service Provider Landscape with PEAK MatrixTM Assessment 2013, December 2013,' recognized TCS’ extensive experience with diverse Insurance organizations and its in-depth domain expertise, the company said in a filing to the Bombay Stock Exchange. Moreover, the company was recognized as a Star Performer based on its year-on-year performance, recent market success and strong investments across cloud-based platforms and analytics. Commenting on the development, Abid Ali Neemuchwala, Global Head, Business Process Services, TCS, said, “Everest Group’s recognition of TCS as a leader and star performer reinforces the value that TCS continues to deliver through the largest and most complex business transformation relationships in the Insurance industry.” TCS’ position as a Leader was driven by its 30 per cent+ market share (by revenue) in the insurance BPO landscape, strong alliances and technology capabilities, and significant delivery footprint.
Tata Consultancy Services Ltd has informed BSE regarding a Press Release dated February 21, 2014 titled "TCS Recognized as Leader and Star Performer in Insurance BPO by Everest Group".
Thursday, 20 February 2014
Tata Consultancy Services Ltd said that it has formed alliance with Finnish, supporting the team in their quest for Olympic glory at the Paralympic Winter Games in Sochi (March 7-16, 2014). TCS will serve as partner to the team for a period of one year and provide support for the team toward their equipment, logistics and digital devices such as smartphones at Sochi, the company said in a filing to the Bombay Stock Exchange. Commenting on the development, Ruchikar Dalela, Country Manager, TCS Finland, said, “It is an important part of our company’s values to support crucial community programs, hand in hand with the growth of our business presence in Finland. The Finnish wheelchair curling team is a great example of how it is possible to channelize your energies in the right direction, excelling in spite of great odds. It represents the very Finnish spirit called Sisu and it is TCS’ privilege to support this team as they head to Sochi. On behalf of the entire TCS community in Finland – our employees, clients and partners – we wish the team great success at Sochi and beyond.” According to the filing, the Finnish national team qualified for the 2014 Paralympics based on its performance at the 2013 World Wheelchair Curling Championships.