January 19th, 2010 admin Posted in Uncategorized | No Comments »
DATE: Jan 19th, 2009
Bank of America-Merrill Lynch upgraded TCS to buy from underperform. TCS released their earning last week and reported a 33% increase in profits. TCS was one of the outsourcing vendors which has seen a positive uptick in all their industry verticals. Bank of America recently also upgraded Infosys from underperform to buy .
Overall there seems to be a positive momentum in the outsourcing industry as it shows signs of coming out of a recession period and showing signs of growth.
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- March 3, 2010 -- UK Pension Deal with TCS – some work stays onshore ?
- March 2, 2010 -- TCS wins the UK Government 10 year, £600 million deal
- February 25, 2010 -- UK Treasury demands to cut £3.2bn annual tech spending – is offshoring the answer ?
- February 7, 2010 -- TCS website hacked ? Buy the TCS domain name
- January 15, 2010 -- TCS earnings Q3 2010 , Positive growth across all industry verticals
- December 15, 2009 -- TCS last man standing for the UK Pension body outsourcing contract
- December 13, 2009 -- Do Indian outsourcing vendors have capabilities to win US/UK Government outsourcing markets ?
- November 13, 2009 -- TCS to tie up with Dow to build a service center in Michigan
- November 12, 2009 -- TCS 3rd delay in Passport project implementation
- November 11, 2009 -- Hachette Book Group signs with TCS for IT development
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