This Recession was Anticipated, says TCS MD & CEO Rajesh Gopinathan 

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The country’s largest information technology services firm Tata Consultancy Services (TCS) put in a strong performance with total contract value (TCV) of $8.1 billion in the second quarter.

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Moreover, it crossed Rs 10,000 crore in profits.

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It appears as though Managing Director and Chief Executive Officer Rajesh Gopinathan’s plans to rejig the company to bring more focus on clients are playing out well.

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In an interview with Shivani Shinde, he talks about the new structure and the continuing problem of attrition.

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The company clarified in the press conference that the $11 billion number from the previous quarter was marked by two big deal wins.

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“I think it is safe to assume that we will be in the $7-9 billion range. This quarter, two $400 million deals were the largest we had"

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TCS revealed that its retail segment grew the fastest, and healthcare is now on the backburner again, coming in at the end

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TCS MD & CEO says attrition is way beyond the firm's comfort levels

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