Tata's revenue, profits soar
Tata Consultancy Services (TCS), India's largest outsourcer, reported on Monday strong growth in revenue and profit for the quarter ended Decem ber 31, citing a strong demand for its services.
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Tata joins Indian rush for NZ business
Indian outsourcing firm Tata Consultancy Services (TCS) is ramping up its New Zealand operations, joining other South Asian tech giants in a rush for some big Kiwi ICT contracts.
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NZX delays Linux system rollout
The New Zealand Stock Exchange has delayed the rollout of a new Linux-based settlement and clearance system to allow stockbrokers more time to bring their technology up to date.
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NZX to use Swift messaging system
Following its decision earlier this year to replace HP’s NonStop platform with a Linux-based settlements system, the NZX has announced that it will install a new clearing and settlement messaging system from Swift.
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Linux steps up to power NZ Stock Exchange
The New Zealand Stock Exchange is moving to a Linux platform for its settlement and clearing system, replacing its existing HP NonStop platform and applications in order to reduce cost and increase flexibility.
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When your paycheque comes from India
After a decade watching US IT jobs get siphoned off to India, there’s been an interesting turnabout lately: Indian companies are increasingly recruiting throughout the world. Some claim that the trend is a reaction to a shrinking talent pool in India. But companies such as Infosys Technologies, Tata Consultancy Services (TCS) and Patni Computer Systems say they’re merely responding to the same strategic and competitive pressures that are pushing other global services firms to find and place employees internationally.
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Indian outsourcers post big profits
Indian outsourcer Tata Consultancy Services has reported gains in both revenue and profit for the quarter ended June 30, reflecting a growing demand for offshore services and the depreciation of the Indian rupee against major currencies.