Strides-Jan12 - TCS Campus Newsletter | January 2012 TCS...

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Page | 1 CEO Chandra wins IT Person of the Year 2011 award; TCS shines at Dataquest Awards TCS CEO N.Chandrasekaran has been conferred the Dataquest IT Person of the Year award for 2011 one of the most coveted honors in Indian IT - at a function held in New Delhi, India on 30 November 2011. The award is given by Dataquest, India's oldest and largest IT magazine, every year to an individual for making extraordinary contribution to Indian IT. The jury led by Pramod Bhasin of Genpact (and 2010 Dataquest IT person of the year) unanimously decided on Chandra, who is regarded as the face of next generation leadership in the Indian IT. In the context of most of the first generation leaders stepping down, there was apprehension about a leadership vacuum being created. The jury felt that TCS’ CEO, through his able leadership has proved that any such fear is unfounded TCS Campus Newsletter | January 2012 Business Developments TCS sees no major slowdown in new business While there is no major slowdown in new business, the information technology industry is facing a volatile environment with regard to rupee depreciating against the dollar in the last couple of months, according to Mr S. Mahalingam, Executive Director and Chief Financial Officer of Tata Consultancy Services. “We have not seen a major slowdown in new business and new orders. We are waiting for the budget approach from companies and will come to know towards the end of 2011 or beginning of the next year. TCS focuses on SMEs to make small retailers IT-compliant Tata Consultancy Services’ iON is focusing on the small and medium retail enterprise business for the next five years. The company expects retail enterprises in the small and medium enterprises (SME) category to be IT ready to compete with big retail players after the government approved foreign direct investment in retail and cash-and- carry stores. iON is the TCS’ separate business unit providing IT services, consulting and business solutions to SM Bs. ION’s global head Venguswamy Ramaswamy said: “When large players set up shops, small players will need to optimise their business models. Only technology and cloud would help them keep them competitive. TCS Spotlight
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Page | 2 Rewards & Recognition TCS awarded the IEI Industry Excellence Award 2011 TCS has been awarded the IEI Industry Excellence Award 2011during the Inaugural Session of the 26th Indian Engineering Congress at Palace Grounds, Bangalore on 16 December 2011. The IEI Industry Excellence Award has been instituted by The Institution of Engineers (IEI) (India) to recognise industry leaders for their innovation, excellence in engineering operations and thereby, to lead their industry in competitive manner. TCS was evaluated on aspects of business such as Financial
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This note was uploaded on 01/17/2012 for the course ECON 101 taught by Professor Econnorm during the Spring '11 term at Art Institutes Intl. Minnesota.

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Strides-Jan12 - TCS Campus Newsletter | January 2012 TCS...

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