No annexures, TDS or TCS certificates required for filing I-T returns: CBDT In a move to make filing of tax returns in India simpler, the Central Board of Direct Taxes (CBDT) said in a release that annexures and certificates relating to tax deducted at source (TDS) like Form 16 will no longer be necessary. 19 Jul 2008
2.
TCS net profit rises 7 percent in FY09 Q1, warns of "difficult" times ahead India's top software services and consulting firm, Tata Consultancy Services (TCS) has reported a 7 percent rise in net profit for the fiscal quarter ended June 30, 2008, in line with market expectations, even as it gave a grim warning of slowdown in outsourcing business prospects due to existing turmoil in the global financial market. 17 Jul 2008
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India's IT-BPO industry seen slowing down in FY09 but growth rate "robust": NASSCOM NASSCOM, the consortium that serves as the apex body of the Indian IT software and BPO industry, has projected that India's software and services exports would witness a slowdown in growth and rise between 21-24 percent to around $50 billion in the current fiscal year (FY09). 09 Jul 2008
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TCS to invest over $1 billion on business expansion India's top IT consultant and software exporter, Tata Consultancy Services (TCS) said it has set aside Rs.4467 crore ($1.1 billion) for expanding its business during the current fiscal year. 03 Jul 2008
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TCS to manage Virgin Atlantic's IT ops till 2011 India's biggest IT services producer and software exporter Tata Consultancy Services (TCS) has extended its managed services contract with Virgin Group's aviation arm, Virgin Atlantic, till 2011. 10 May 2008
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TCS Q4 results show decline in QoQ net profit, US slowdown blamed India's largest IT services provider, Tata Consultancy Services (TCS) has posted a lower-than-expected rise in quarterly profit, citing the economic recession in the US and global credit turmoil. 24 Apr 2008
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Tata Consultancy Services bags multi-year deal from Chrysler India's top IT services provider, Tata Consultancy Services (TCS), said it has bagged a multi-year contract from US-based automaker Chrysler LLC to provide maintenance on mainframes and servers and support computer applications. 12 Apr 2008
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Reverse outsourcing: TCS sets up new delivery center in Ohio, to employ 1,000 people Call it reverse outsourcing. India's No.1 IT services provider Tata Consultancy Services (TCS) announced that it will be expanding its operations in the US with a new software development and delivery center TCS Seven Hills Park which will employ at least 1000 people. 20 Mar 2008
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TCS to provide R&D for Nokia-Siemens Tata Consultancy Services (TCS), a leading Indian IT services firm has signed a multi-million Euro agreement with Nokia Siemens Networks (NSN), one of the world's foremost enablers of communications services. 05 Mar 2008
