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TCS offers training, employment to youth at KU
Source: Onesource - Daily / 27 May 2014

Srinagar, May 26: A senior delegation from Tata Consultancy Services Ltd (TCS) visited the Centre for Career Planning and Counseling, University of Kashmir, to offer training and employment opportunities for the youth of Jammu and Kashmir.

The representative from TCS reiterated the fact that the State of Jammu & Kashmir has a rich talent pool of educated youth and TCS has initiated a series of majors to train and recruit the youth and to place them across the country, an official spokesman said in a statement.

Prof Farooq Ahmed Khan, Director Centre for Career Planning and Counseling said that the centre has ambitious plans of providing training and employment opportunities to the youth of Jammu & Kashmir and promoting the talent pool of the State.

He further added that the Centre for Career Planning and Counseling is organizing recruitment drives by leading companies like ONGC, Infosys, Accenture, HDFC and Wipro.

Tata Consultancy Services Limited is a leader in the global marketplace and among the top 10 technology firms in the world, an official spokesman said in a statement.

"The company intends to train Graduates from the State of Jammu & Kashmir for a period of 90 days and based on their performance trained graduates would be considered for placement for various positions in Tata Consultancy Services (TCS)," the spokesman said.

AmBank Group Wins Prestigious 'The Asian Banker Award For Best Single Country Core Banking Implementation'
Source: Bernama / 29 May 14

KUALA LUMPUR, May 29 (Bernama) -- AmBank Group and its technology partner TCS recently won the Best Single Country Core Banking Implementation Award during the eighth Asian Banker Technology Implementation Awards Programme. The awards ceremony was held in Kuala Lumpur on 21 May 2014 in conjunction with The Asian Banker Summit 2014, the foremost annual meeting for decision makers in the financial services industry in the Asia Pacific region.

The programme was administered by The Asian Banker and referred by prominent global bankers, IT consultants and academics. A stringent three month long evaluation process determines the winners from across Asia Pacific, Middle East and Africa.

This follows the successful implementation of AmBank's new core banking system (AmBanCS) in November last year. The AmBanCS implementation was driven and executed through the AmHorizon programme, which commenced in 2011 as a strategic initiative of the Group. The implementation of the new core banking system is a significant milestone in the Group's transformation efforts, in line with its vision "As Malaysia's preferred diversified, internationally connected financial solutions group, we take pride in growing your future with us".

Tata Consultancy Services Enters Location Intelligence Market
Source: / 30 May 2014

Mr.Vinod Kachroo, Global Head of Industry Domain and Consulting and CTO, Insurance & Healthcare for TCS is quoted

Tata Consultancy Services (TCS), based in New York and Mumbai, is a global IT services company with expertise in business process management. TCS's insurance experts have been exploring the impact that GIS technology has on their business. Vinod Kachroo, the Global Head of Industry Domain and Consulting and CTO, Insurance & Healthcare at TCS, spoke with Editor in Chief Joe Francica.

Tata Consultancy Services (TCS), based in New York and Mumbai, is a global IT services company with expertise in business process management in several vertical market segments. TCS's insurance experts have been exploring the impact that GIS technology will have on the insurance industry. Given that almost every element of property and casualty insurance has an intrinsic relationship to location, TCS is helping its clients to better understand how location-based information can be modeled and analyzed to visualize spatial information and trends. "The reasons for this vary, but it all comes down to the need to better analyze and predict scenarios," said Vinod Kachroo, Global Head of Industry Domain and Consulting and CTO, Insurance & Healthcare for TCS.

"Given that so many claims are related to climate change or weather (for example, flooding, high winds, etc.), GIS related information and maps are increasingly becoming the tools that insurers are turning to for analysis and prediction. It could very well become the risk assessment tool of choice in the not so distant future.".....more

2TCS World 10K Run sees wide participation
Source: The Hindu / 19 May 2014

Who's already looking forward to the 2014 TCS New York City Marathon?

The energy was palpable at Kanteerava Stadium here on Sunday morning where more than 20,000 runners, including professional athletes, senior citizens and persons with disabilities, had gathered to participate in the TCS World 10K Bangalore Run.

Right from trading tips to cheering others to run, the camaraderie among strangers during the run elevated the spirit of the event.

The Open 10K run saw the participation of 13,200 people. Employees of many leading technology firms organised themselves into running clubs, and joined the marathon run.

Shruthi S., who works with IBM, said that she was a member of the Runners Club in her firm. "I have been participating in the marathon for the past two years and it is fun," she said.

No complanency in TCS hiring: Chandrasekaran
Source: Onesource - NetIndia123 / 17 May 2014

India's top IT employer Tata Consultancy Services (TCS), today said it will stick to its target of hiring 55,000 people during this fiscal, to add to its work force of 3,00,000, a top official today said. Speaking to reporters here he said TCS was very happy it crossed the three lakh employee force and it continued hiring from the campuses. 'We have hired for, next year, 25,000 from campuses and will meet the target. When asked whether the company faced shortage of skilled workers in its new technology initiatives including cloud and big data, he said the company had invested into the new projects and was hiring laterals in big number from different sources. Mr Chandrasekaran said TCS had been hiring laterals for projects in new technology offerings since early 2012 and had made good progress. There had been a number of IPs created and foundation software in place, all of which were yet to be brought to the market. TCS adopted development of new technologies early 2012 and formally launched some new practices. This will be a USD 4-5 billion dollars next two three years, he said. 'This is the opportunity at least. We are only expecting that it will accelerate in future because new technologies are coming very frequently and companies need to adopt.

From TCS point of view we have multiple focus area, we have an enterprise offering digital services, he said. The TCS chief said the consumers should be allowed to adopt to new technologies as it is a few years cycle. Some happen fast and some later. 'This remain a big focus are for the company and it was doing it with urgency as the opportunities will are in the near term,' he said. Mr Chandrasekaran said the IT market worldwide continues to be optimistic and the economic slowdown was easing. 'For TCS, US market continues to be very attractive and as it is the State that will adopt technologies, while it make economic recoveries faster,' he said. On Europe he said definitely it was doing better and TCS witnessed significant growth all through last year and it expect to continue it this year.

He said TCS was also bullish on Asia as its strategic transactionwith a Japanese company last month would definitely drive new opportunities. This apart other markets like Latin America, the Middle-east and Africa were also important. In India, TCS will also remain a strong bidder for IT projects both in the public and private sectors which will see a spurt in IT spending following the Lok Sabha election, he added. UNI