Thursday, April 18, 2013

TCS expects strong deal pipeline in FY14, CEO


Tata Consultancy Services, India's top software services provider, expects its deal pipeline to be strong and fiscal year 2014 to be better than 2013, the company's chief executive officer N Chandrasekaran said. 

TCS, which plans to add 45,000 staff in the fiscal year 2014, reported a 22 percent rise in quarterly profit after winning orders from customers, including Nokia and BNP Paribas, earlier on Wednesday. 
Net profit for the fiscal fourth quarter ended March 31 rose to 35.97 billion rupees ($663.35 million) from 29.46 billion rupees a year earlier.

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