Tata Consultancy eyes e-governance projects

August 27th, 2009 BP selects Tata as technology vendorNEW YORK — Tata Consultancy Services, a unit of India's Tata Group conglomerate, said Thursday it was selected as a strategic information technology vendor for BP PLC, one of the world's biggest oil and gas companies. Terms were not disclosed.

October 6th, 2009 MUMBAI - S. Ramadorai Tuesday stepped down as the chief executive and managing director of software major Tata Consultancy Services (TCS). Ramadorai will be succeeded by the company's chief operating officer and executive director N.

January 15th, 2009 MUMBAI - Indian equities were ruling firm after opening in the green Friday following positive cues from global markets, though IT bellwether Tata Consultancy Services took a hit following lower-than-expected third quarter results. After opening at 9,125.65 points, against the previous day's close at 9,046.74 points, the sensitive index (Sensex) of the Bombay Stock Exchange (BSE) rose to 9,242.51 points soon after.

March 13th, 2009 BANGALORE - Wipro Infotech has bagged a Rs.11.82-billion (Rs.1,182-crore) IT outsourcing contract from the state-run Employees State Insurance Corp (ESIC), the company said Friday. In bagging the deal, Wipro outbid India's other two IT bellwethers Tata Consultancy Services (TCS) and Infosys Technologies in a global tender floated in November 2008 for ESIC's 'Project Panchdeep'.

February 9th, 2009 MUMBAI - IT major Tata Consultancy Services (TCS) has tied up with networking and communications infrastructure provider Cisco Systems Inc. to jointly develop and deliver IT services and solutions.

September 30th, 2009 MUMBAI - Anil Ambani-led Reliance Communications Wednesday said it has entered into a strategic alliance with Microsoft to offer Windows Mobile solution on its wireless networks. As per the agreement, Microsoft will offer solutions like push email support, chat, photo-sharing, content back-up and other applications to Reliance customers.

December 28th, 2008 NEW DELHI - IT solutions provider Sun Microsystems India and Indian Institute of Technology (IIT) Delhi are launching an e-governance centre on the IIT campus here to focus on development of non-proprietary software. The Sun-IIT Delhi Centre of Excellence is an outcome of a memorandum of understanding (MoU) signed between the institute and the IT company in September 2006.

January 18th, 2009 GANDHINAGAR - The Gujarat government is waiting for a decision by the new board of the beleaguered Satyam Computer Services, which had committed to set up a Rs.600 million (Rs.60 crore) IT park in this state capital, an official said Monday. 'Since Satyam Computer Services has already invested Rs.11 crore (Rs.110 million) for purchasing land for the IT park in Gandhinagar, we would like to await the decision of the new board,' the IT department official said.

July 29th, 2009 NEW DELHI - India's information technology and outsourcing industry is expected to grow over 7 percent this fiscal to log revenues of $64 billion with much faster expansion within the domestic market, a leading industry group said Wednesday. The National Association of Software and Service Companies (Nasscom) has forecast in its latest study that the software and outsourcing industry will log an export growth of 4-7 percent this fiscal to log $48-50 billion in revenues.

February 26th, 2009 KOLKATA - IT and business solutions major Tata Consultancy Services (TCS) Thursday announced a slew of measures, including reviewing the variable pay structure of employees, to weather the economic slowdown, and said it could cut jobs if the situation worsens. 'We are reviewing the variable pay component of employee salaries.

April 20th, 2009 TCS quarterly profit up 4.7 pct to $261.2MMUMBAI, India — Tata Consultancy Services Ltd., India's largest outsourcing company, said Monday that net profit for last quarter grew 4.7 percent, to 13.14 billion rupees ($261.2 million), despite shrinking volumes as the company pulled thousands of Indian employees back home to save on costs. Revenues for quarter ending March 31 were 71.72 billion rupees ($1.4 billion), up 18.6 percent over the same quarter last year, but just 1.5 percent higher sequentially.

July 2nd, 2009 BANGALORE - Israeli IT firms will partner with Indian vendors to jointly bid for the ambitious unique identification (ID) card project of the Indian government, a visiting Israeli IT industry official has said. "Israeli IT firms with domain expertise in e-governance and homeland security will bid for the unique ID card project jointly with Indian vendors, as local participation is key to such projects dealing with critical mass," Katrin Melamed, business development manager for the Israeli software industry, told IANS here.

July 23rd, 2009 NEW DELHI - In a written reply to the Rajya Sabha on Thursday Union Minister of State for the Prime Minister's Office Prithviraj Chavan stated that a sum of Rs.3.08 crores had been sanctioned during the year 2008-09 under the Plan Scheme of "CBI e-Governance" for setting up a Wide Area Network and other e-Governance applications for the Central Bureau of Investigation (CBI). Chavan said the time taken to complete investigation of cases by the CBI depended on the nature of the cases, number of witnesses to be examined and the number and type of documents to be scrutinized.

February 10th, 2009 NEW DELHI - IT industry body National Association of Software and Services Companies (Nasscom) Wednesday said it will form a corporate governance and ethics committee, headed by Infosys Technologies chairman N.R. Narayana Murthy.

June 1st, 2009 CHENNAI - State-run Electronics Corp of Tamil Nadu Ltd (ELCOT) will soon cover around 28,000 public distribution shops in the state under its e-governance initiative, a top official said here Monday. "Currently implemented in around 210 shops, the electronic billing project will be shortly extended to other outlets in the states," ELCOT chairman Santhosh Babu told reporters.