Business Standard

IT major TCS turns to home turf as it looks to redraw revenue map

Sets up vertical to focus on high-growth markets

Information technology major Tata Consultancy Services (TCS) on Friday termed the tax demand notices received by several of its employees a “discrepancy,” and the tax department will be reprocessing the returns.
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Shivani Shinde Mumbai

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India’s largest information technology (IT) services provider, Tata Consultancy Services (TCS), is recalibrating its strategy to capitalise on high-growth markets while managing global economic uncertainties. By focusing on India and other emerging geographies, the company aims to strengthen its presence in regions ripe for significant IT expansion. 
 
TCS has introduced a dedicated vertical, New Growth Markets (NGM), to spearhead this initiative. The NGM segment will oversee operations in key regions including India, Latin America, the Middle East, Africa, the Asia-Pacific, New Zealand, and Australia. Girish Ramachandran, formerly head of the Asia-Pacific region, has been appointed president of growth markets and

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