TCS 2nd Indian firm to cross ₹ 8 trillion market cap after RIL
MUMBAI: Tata Consultancy Services Ltd’s (TCS) market cap surged past the ₹ 8 trillion mark for the first time today, making it only the second Indian company after Reliance Industries Ltd (RIL) to achieve the milestone. TCS share prices rose 1.86% to a record high of ₹ 2093.2 on the BSE today, imparting the IT bellwether a market cap of […]
As Trump seeks to tighten visa rules, Indian IT firms are spending freely to lobby US policymakers
Indian IT companies are the biggest beneficiaries of H-1B visas granted by the United States. As President Donald Trump threatens to tighten the United States’ immigration policies, Indian technology giants are lobbying harder than ever in Washington. In 2017, India’s second-largest information technology services company, Infosys, spent $2,00,000 on lobbying the US Congress, four times […]
N. Chandrasekaran begins long road to restoring Tata group’s image
Bangalore/Mumbai: Amid the carnage on Wall Street in 2008, as Bank of America Corp. was trying to forge its rushed merger with Merrill Lynch & Co., Natarajan Chandrasekaran boarded a plane for New York to try to reassure the two financial behemoths that an Indian IT company could make the systems of their strikingly different […]
