The Hindu : TCS recruitment drive

Online edition of India's National Newspaper
Wednesday, Jun 19, 2002

Business

Business

TCS recruitment drive

By Our Staff Reporter

CHENNAI JUNE 18. Tata Consultancy Services plans to recruit nearly 1,500 consultants for its Chennai centre in the next one year. Of this, 500-600 consultants would be for telecom services said the company's Executive Vice President, S. Mahalingam.

Addressing a press conference here today, he said out of the total 20,000 employees, the company had about 5,000 consultants in Chennai alone. The company had over 3,000 consultants working on telecom services, he added.

Of the total revenue, telecom services contributed about 20 per cent last year. This year, despite difficult market conditions, revenue from telecom services would be 20-25 per cent, according to him. In 2000-01, the company reported a turnover of about $650 million, and in the current fiscal it is expected to be over $1 billion.

During the current year, TCS planned to invest about Rs. 5 crores on the Operations Support Systems (OSS) Lab at the Tidel Park.

Telecom Services Head, Ravi Viswanathan, said the company in association with Trivnet, Israel, had developed a micro-payment billing solutions prototype for a client in Europe. It saw a large potential in micro and macro payment billing solutions.

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