Monday, November 18

Tag: Natarajan Chandrasekaran

TCS will not Leave Lucknow- Tata Group Chief at UP Investors Summit
News

TCS will not Leave Lucknow- Tata Group Chief at UP Investors Summit

Natarajan Chandrasekaran, Tata Group chief assured UP CM Yogi Adityanath that TCS has no plan to leave the Lucknow at up investors summit 2018 inaugural session. “TCS will not leave Lucknow. On the contrary, it will increase its footprint in UP. We want to strengthen our presence in UP,” says N Chandrasekaran. He also said that TCS is looking forward to build a new campus to hire 30000 people from state. "We have a holistic presence in UP. Tata Motors is here, TCS has a large presence, Tata Projects have been significantly present here," he added. He added Tata Group will not be confined to any particular sector but will help the state grow across all sectors. "We are extremely keen to participate in the growth of UP across sectors such as manufacturing, IT , infra etc,...
As its Boss Moves to Tata HQ, Investors Fret Over TCS Future
News

As its Boss Moves to Tata HQ, Investors Fret Over TCS Future

Moving the head of Tata Consultancy Services to the top job at Tata Sons' holding company fills a critical hole for the salt-to-software conglomerate, but it leaves another at its most valuable company ahead of a complex and unpredictable 2017. The promotion of Tata veteran Natarajan Chandrasekaran - the well-regarded, high-performing boss of TCS under whom shares have quadrupled - should be no surprise. But the departure of Chandrasekaran, known as Chandra, from the Tata group's most profitable arm still rattled investors. They sent TCS shares down more than 4 percent on Friday, a day after it also posted better-than-expected quarterly results. "The IT industry is facing headwinds, and shareholders would have preferred Chandra to stay as CEO for some more time," said Souvik Guha, an...