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March 17, 2010

TCS to recruit over 30,000 professionals

Mumbai: Tata Consultancy Services (TCS) on Wednesday said it might recruit over 30,000 professionals. Interacting with media on the sidelines of CII-IFRS Summit here, TCS Chief Financial Officer and Executive Director S Mahalingam predicted a marked improvement in the performance of the IT industry in fiscal 2010-11. "The growth is definitely there and, we should stick to what we have said earlier...the growth momentum in the last two quarters will continue this quarter also. But, we have to see whether it will be better than those during the boom days," Mahalingam said. Mahalingam said TCS would be soon be announcing a hike in the salaries of employees.

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