Six of the seven listed Tata companies, in which Cyrus Mistry is a director, have called for shareholder meetings to oust him from their boards.
UBS has been a large spender on IT, BPO services. For instance, it is spending $1 billion to standardise an IT platform across its wealth management business.
The company will build offerings in each of these segments and improve on these offerings by talking to current and prospective clients.
The Hyperloop — high-speed travel in pods inside a partial-vacuum tube — is the brainchild of Tesla founder Elon Musk, who opensourced the basic design in 2013.
“Neither Tata Sons as the proponent nor the board of TCS has provided unaffiliated shareholders – who may be primarily concerned with Mistry’s impact at the company level."
In the next two quarters, the company is putting in place the strategy so the new P&L structure can begin to operate from the next financial year.
The company would look at acquisitions to help drive the acquisition strategy and that it was likely that it would pick up the pace of buyouts next year.
Demonetisation: How TCS, which counts RBI & other banks as clients, changed back-end systems overnight
TCS, which counts RBI, SBI and a host of financial institutions as its customers, had to work on a war footing to try and smooth the inevitable bumps.
At the Credit Suisse 20th Annual Technology, Media at Telecom conference in the US, Sikka batted away charges that it had slashed prices to stay ahead
First non-banking company to introduce Blockchain technology.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon