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Last Updated : Jan 28 2013 | 12:23 AM IST

TCS has big plans for CMC. And most of it is driven by paring costs

When S Ramadorai, 57, the chief executive officer of Tata Consultancy Services (TCS), weighed up the pros and cons of bidding for a government-owned company he assumed the worst could happen.

But after signing a Rs 152 crore agreement to buyout the state-owned CMC Ltd on Tuesday night, Ramadorai looks visibly amazed and relieved. Says the soft-spoken CEO,

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First Published: Oct 20 2001 | 12:00 AM IST

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