Business Today

Testing Times

The go go years of growth might be well behind the Indian it sector, but it still had plenty of steam left.

Rajesh Gopinathan, Chief Executive Officer and Managing Director of Tata Consultancy Services (TCS) India's largest software services exporter is extremely cautious when talking about future outlook. Therefore, it was a milestone moment when he emphasised, during an analysts' call in January, how TCS had signed its first $50 million plus digital transformation deal. "While a deal of this scale is still relatively rare, confined to only the most technologically progressive customers, we believe this is the shape of things to come as more and more organisations start implementing a long term digital strategy," he added.

The deal came on the back of its previous success TCS won nearly $6 billion in contracts under a month underscoring the company's and the

You’re reading a preview, subscribe to read more.

More from Business Today

Business Today1 min read
Plane Pain
▶ The top three players have rebounded after Covid-19 by growing sales quickly ▶ SpiceJet failed to reach the pre-Covid level of sales even in FY23 *2022-23 IS AKASA’S FIRST FULL YEAR OF OPERATIONS SOURCE DGCA ▶ Leading airlines have been experiencin
Business Today3 min read
Road Warrior
IN THE HEART of Khalid Wani, who is the Senior Director of Sales for the India region at the American storage drive maker, Western Digital, beats the rhythm of a fervent traveller. He’s a man who believes passionately that the most precious memories
Business Today11 min read
The Dark Side Of Gold Loans
THE RBI ASKED the company to immediately stop its gold loan operations, which accounts for a third of its business. The reason: the regulator found some major lapses in how the company handled the loans. When the regulator looked into the company’s f

Related Books & Audiobooks