Tata Consultancy Services (TCS) has refuted claims made in a recent UK media report linking the company to major cyberattack failures at global retailer Marks & Spencer (M&S). An article in The Telegraph had alleged that M&S terminated contracts with TCS over a £300 million cyberattack. In a clarification to stock exchanges on Monday, TCS…
BENGALURU: Tata Consultancy Services (TCS) is under scrutiny as lawmakers in both the US and UK press CEO K Krithivasan for answers regarding the company’s employment practices and cybersecurity protocols. US Senators Charles E Grassley and Richard J Durbin from the senate judiciary committee wrote to TCS CEO K Krithivasan, raising concerns about the company’s…
By Rishika Sadam and Haripriya Suresh HYDERABAD/BENGALURU (Reuters) -Tech consultancy Accenture has proposed setting up a new campus in the southern Indian state of Andhra Pradesh, aiming to eventually add about 12,000 jobs to its workforce in India, three sources familiar with the matter told Reuters. The move follows similar deals by IT firms Tata…
(Bloomberg) — Indian information technology companies took a hit Monday on concern that the hefty increase in US visa fees will pressure earnings at the nation’s leading outsourcing firms. Most Read from Bloomberg The sector gauge dropped 3% in Mumbai, its worst day in over five months, erasing $10 billion in market value. Shares of…