Advertisement

HindustanTimes Wed,17 Sep 2014

TCS to invest more in new tech: mistry

HT Correspondent , Hindustan Times  mumbai, June 28, 2013
First Published: 22:29 IST(28/6/2013) | Last Updated: 22:30 IST(28/6/2013)

Cyrus Mistry, in his maiden address as chairman of Tata Consultancy Services, at the annual shareholder meeting in Mumbai on Friday, said the company would continue to invest in new technologies such as cloud computing and big data for future growth.

Advertisement

N Chandrasekharan, chief executive officer, TCS said the company will focus on building a strong set of intellectual property.

Chandrasekharan said the company will tap growth opportunities in emerging markets and non-English speaking markets to offset challenges in markets such as the United States and Europe.

However, the immigration bill that the US senate has approved is seen as restrictive in terms of onsite operations for Indian IT companies.

“The environment continues to be uncertain. However, from technology point of view there are opportunities,” said Chandrasekharan.


Advertisement
more from Business

Indian-Chinese companies sign 24 MoUs worth $3.4 billion

India and China business received a $3.4 billion boost, with companies from both countries on Wednesday signing 24 contracts for supply of equipment and service. The MoU were signed in areas of aircraft leasing and financing, telecom, chemicals, wind power components, cotton yarn and fabric, synthetic fibre and seafood.

markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved