TCS Weekly Update 30th June 6th July 2012 Here is update on TCS as appeared in leading newspapers, periodicals

s & other sources.

Angadi institute links up with IITs Factiva - The Hindu (Tata Consultancy Services and AITM would sign a memorandum of understanding to use the institutes premises for training programmes, they said.) TCS signs pact with SASTRA Factiva Hindu ( Mr. S.Natarajan, Vice-President and Global Head of Learning and Development, TCS is quoted.) Nayudamma Award for TCS Rajanna The Hindu

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Tata Consultancy Executive: Clients Continue to Factiva - Dow Jones Spend on Discretionary IT Projects International News (Mr. N Chandrashekaran, CEO & MD of TCS Quoted) TCS warns of weakness in global markets The Economic Times (Mr. N Chandrashekaran, CEO & MD of TCS Quoted) DJBs new meters to plug revenue loss Indian Express ( with technical support from Tata Consultancy Services (TCS), has developed a system to check revenue losses from outdated meters and faulty bills.) TCS looking at opportunities in Australia, Middle East for growth (Mr. N Chandrasekaran, TCS CEO and MD is quoted.) The Economic Times

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News in detail -

Top Angadi institute links up with IITs (Tata Consultancy Services and AITM would sign a memorandum of understanding to use the institutes premises for training programmes, they said.)

Source: Factiva - The Hindu / 5 July 2012 Abstract : Belgaum,KARNATAKA The Angadi Institute of Technology and Management (AITM) here has been recognised as a remote centre by the Indian Institutes of Technology of Mumbai and Roorkee, to conduct various academic programmes for both students and teachers. Institute chairman Suresh C. Angadi, MP, and principal H.N. Nagaraja said IIT, Mumbai, planned to set up 300 such centres across the country, and the institute here was one of 30 identified so far. MoU with TCS Besides, Tata Consultancy Services and AITM would sign a memorandum of understanding to use the institutes premises for training programmes, they said. Top TCS signs pact with SASTRA ( Mr. S.Natarajan, Vice-President and Global Head of Learning and Development, TCS is quoted.) Source: Factiva Hindu / 4 July 2012 THANJAVUR,TAMIL NADU Tata Consultancy Services (TCS) signed a Memorandum of Understanding (MoU) with SASTRA University for collaboration in academic programmes and placements here on Monday. S.Natarajan, Vice-President and Global Head of Learning and Development, TCS, and V.Badrinath, Director, Department of Training and Placement, SASTRA, signed the MOU in the presence of S.Vaidhya Subramanian, Dean, Planning and Development, SASTRA. Top Nayudamma Award for TCS Rajanna Source: The Hindu / 2 July 2012 NELLORE,NATIONAL V. Rajanna, president of the IT and ITES Industry Association of Andhra Pradesh (ITsAP) and global head of TCSs Telecom Technology Business Unit, Hyderabad, has been chosen for the Nayudamma Award for the year 2012. The Nellore-based Nayudamma Centre for Development Alternatives (NCDA) chose Mr. Rajanna in recognition of his outstanding contributions in information technology and communications. Top Tata Consultancy Executive: Clients Continue to Spend on Discretionary IT Projects (Mr. N Chandrashekaran, CEO & MD of TCS Quoted) Source: Factiva - Dow Jones International News / 29 June 2012 Abstract : India's Tata Consultancy Services Ltd. said Friday its clients continue to spend on outsourcing projects which aren't critical, despite the weak business sentiment in a volatile global economic environment. "The budgeting cycle is over and... the discretionary projects have also started

kicking in," Chief Executive N. Chandrasekaran told reporters on the sidelines of the company's annual general meeting. Top TCS warns of weakness in global markets (Mr. N Chandrashekaran, CEO & MD of TCS Quoted) Source: The Economic Times / 29 June 2012 India's biggest outsourcer Tata Consultancy Services warned Friday of "weakness" in global markets, marking the latest downbeat comment to emerge from the country's flagship software industry. In the March-ended quarter, TCS beat analysts forecasts with a 23 percent rise in net profit, and gave a relatively optimistic outlook. But its rivals Infosys and Wipro gave muted forecasts, warning of a tough year ahead due to global uncertainty and the growing anti-outsourcing sentiment in the United States. "There is weakness in multiple markets, both developed and developing," TCS chief executive N. Chandrasekaran told the annual general meeting of the company which is due to report its firstquarter earnings next month. "The global business environment will be volatile and recovery a prolonged exercise," said Chandrasekaran. Top DJBs new meters to plug revenue loss ( with technical support from Tata Consultancy Services (TCS), has developed a system to check revenue losses from outdated meters and faulty bills.) Source: Indian Express / 1 July 2012 New Delhi Having drawn considerable flak for water shortage this summer and struggling to plug leakages in its 16,000-km supply network, the Delhi Jal Board (DJB), with technical support from Tata Consultancy Services (TCS), has developed a system to check revenue losses from outdated meters and faulty bills. The five-year revenue management project that will set back the DJB by Rs 53 crore proposes a brand new consumer database. For accuracy, the number of electricity connections in the city will be taken into account while feeding data into the system, which the DJB hopes should be ready by July-end. Top TCS looking at opportunities in Australia, Middle East for growth (Mr. N Chandrasekaran, TCS CEO and MD is quoted.) Source: The Economic Times / 29 June 2012 MUMBAI: With the US and European markets battling slowdown, India's largest software company Tata Consultancy Services (TCS) on Friday said it is looking at opportunities in Australia and Middle East for growth.

"Western markets continue to be a matter of concern... Australia, Middle East markets expected to be areas for growth for TCS," TCS CEO and MD N Chandrasekaran said at the Annual General Meeting (AGM) here. Top