COMPANY LAW
| TCS eyes acquisitions in Germany, Japan Mon, 25 Apr 2011 12:18:00 +0530 |
| Leading software services exporter, Tata Consultancy Services(TCS), is eyeing acquisition opportunities in Germany and Japan in the healthcare sector, its chief executive said on Monday, as the company aims to expand its geographical presence and product offerings. TCS expects to see "marginal improvement" in pricing for the fiscal year that started in April and expects to sustain the current operating margins, N. Chandrasekaran told Reuters in an interview. Click here to visit SME Buzz Also Read Related Stories News Now - Credit Suisse downgrades TCS to 'neutral' - Margin pressure dents early birds' profit growth rate - Stock market to turn choppy this week: Analysts - 8 of top 10 firms added Rs 35,000 cr in m-cap last week - Sensex up 131 pts ahead of RIL result - Today's picks Also Read Related Stories News Now - Markets have a muted closing - Essar plans floating shipping business in London - FIIs net sell Rs 378cr, DIIs net buy Rs 237cr - Ballarpur Ind Q3 net up 10% to Rs 60.63 cr - Sterlite Q4 net up 35% at Rs 1,925 crore More TCS, whose clients include Citigroup and General Electric, last week reported a market beating 23% rise in fourth-quarter profit on rising demand and flagged wage hikes and currency volatility as main threats to its profit margins for 2011/12. |
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