Business Standard

A Union In Cyberspace

Image

BUSINESS STANDARD

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,

Don't miss the most important news and views of the day. Get them on our Telegram channel

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

Explore News