1. From Brexit impact to new hiring, here is what TCS CEO N Chandrasekaran has to say

From Brexit impact to new hiring, here is what TCS CEO N Chandrasekaran has to say

Speaking to CNBC TV 18, Tata Consultancy Services' CEO Natarajan Chandrasekaran said he was not worried about the future and does does not expect any slowdown in the near-term future.

By: | Updated: June 9, 2017 6:02 PM
Speaking to CNBC TV 18, Tata Consultancy Services' CEO Natarajan Chandrasekaran said he was not worried about the future and does does not expect any slowdown in the near-term future. (Reuters) Speaking to CNBC TV 18, Tata Consultancy Services’ CEO Natarajan Chandrasekaran said he was not worried about the future and does does not expect any slowdown in the near-term future. (Reuters)

Tata Consultancy Services (TCS) on Thursday reported better-than-estimated consolidated net profit of Rs 6,318 crore for the first quarter ended June 30, 2016 against Rs 6,347 crore in the sequential quarter ended March 31, 2016. The company had reported net profit of Rs 5,773 crore in the corresponding quarter a year ago.

Speaking to CNBC TV 18, Tata Consultancy Services’ CEO Natarajan Chandrasekaran said he was not worried about the future and does does not expect any slowdown in the near-term future.

Here are highlights of what TCS CEO Natarajan Chandrasekaran has to say:

Don’t expect any slowdown in the near-term

Would have liked to do better in Japan, BSFI

Will act if we find the right target at the right price

Seeing a large scale shift towards Cloud Adoption

Seeing significant movement in Cloud Adoption in Europe

Have trained 25,000 employees in Q1 in digital

Last year gross additions at 90,000, will be lower this year

Working towards hiring more locally in US

Will be compliant with the new Visa regulation

Productivity improvement has helped cushion impact of wage hike

Need to see what impact Brexit will have

Japan market will take time, not worried about it

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