...Patidar(HRF058) Acknowledgement This is to acknowledge the quality help that was provided by the Institute-ITM and the related faculty in successfully completing the HRSS project on “HR practices in TCS”. We highly obliged and thankful to the faculty,Prof Dr. Snigdharani Mishra for all her patient guidance and help in successfully completing the project. Our special thank to Mr. Mohhamad Javed (Manager HR, TCS) and Mr. Divya Prakash Purohit ( Software Engg.,TCS). TABLE OF CONTENT 1. Introduction..........................................................................................3 1.1. History of Company...................................................................3 1.2. About the Company...................................................................3 1. HR Group in TCS................................................................................4 2. Manpower Planning.............................................................................5 3. Recruitment Process............................................................................5 4. Training & Development....................................................................6 5. Customer Complaint Management............
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...superintendence and direction of the Bank's affairs Reserve Bank of India regional office, Delhi entrance with the Yakshini sculpture depicting "Prosperity through agriculture".[25] The central bank till now was governed by 21 governors . The 22nd, Current Governor of Reserve Bank of India is D. Subbarao The regional offices of GPO (in white) and RBI (in sandstone) at Dalhousie Square, Kolkata. delhi bangalore Functions [edit] Monetary authority The Reserve Bank of India is the main monetary authority of the country and beside that the central bank acts as the bank of the national and state governments. It formulates, implements and monitors the monetary policy as well as it has to ensure an adequate flow of credit to productive sectors. Objectives are...
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...RESUME SUBODH KUMAR BEHERA Mob no.09132015061 8-Khandiari Pur,PO- Sundar Gram, P.S.-Gobind Pur,Dist-CUTTACK,Pin-754002 subodhbehera.1989@gmail.com | Title: |Transmission Engg. | | | | | Work Experience: | 1 Year | | Skills: |Project Engineer | | | | | Organization: |SAI SOLUTION (CERAGON INDIA) | | Industry: |Telecom | | | | | Gender: |Male | | Date of Birth: |12-Aug-1989 | OBJECTIVE: To achieve a position...
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...Comparative study of HR Policies and Practices of Indian IT Sector: An Analysis of TCS, WIPRO, Cyberthink & Pitney Bowes - Sunita Shukla, Dr. Akshat Dubey and Dr. Savita Singh Abstract: This article provides an comparative analysis of HR practices followed by high growth IT Industry. Four major IT companies wiz. Tata Consultancy Services (TCS), WIPRO Infotech, Cyberthink infotech Pvt. Ltd., Pitney Bowes Map info were selected for the purpose of the study. HR policies and practices of these four IT companies were compared on the different HR functions i.e. recruitment and selection, selection process, training and development, performance appraisal, employee benefits and compensation management system, to analyze whether these companies resemble or differ with each other when it comes to the application of these terms into practice. Key Words: Information Technology, HR policies and practices, recruitment and selection, selection process, training and development, performance appraisal, employee benefits and compensation management system Introduction: The Indian information technology (IT) industry has played a key role in putting India on the global map and is now envisioned to become a US$ 225 billion industry by 2020. Over the past decade, the Indian IT-BPO sector has become the country’s premier growth engine, crossing significant milestones in terms of revenue growth, employment generation and value creation, in addition to becoming the global brand ambassador...
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...accepted ncI + (N - n)pcD ncI + (N - n)cI = NcI if sample rejected [ncI + (N - n)pcD]F(p) + NcI[1 - F(p)] NcI + (N - n)pcDF(p) + ncIF(p) - NcIF(p) NcI + (N - n)(pcD - cI)F(p) Interesting result when p is known: 1. If pcD > cI then optimal policy is 100% inspection 2. If pcD < cI then optimal policy is no inspection Interpretation • Either 0 or 100% inspection • Depends on p, cD, cI • What if p is not known with certainty? Case 2: Rejection followed by Quality Guarantee Total cost = if accepted cIn + (N - n)pcD cIn + cA if rejected where cA is the cost of annoyance, waiting, . . . 1. cA < NpcD, why? Assume: 2. new quality to be perfect after rejection Expected Total Cost = [cIn + (N - n)pcD]F(p) + [cIn + cA][1 - F(p)] = cA + cIn + [(N - n)pcD - cA]F(p) 1. For n ≥ no, (N - n)pcD - cA ≤ 0 ⇒ E(TC) = NpcD + (cI - pcD)n (i) (ii) If cI - pcD > 0 If cI - pcD < 0 ⇒ ⇒ ⇒ c set so that F(p) = 1 (c = n) set n equal to no set n equal to N (with cost cIN) 2. For n ≤ no, (N - n)pcD - cA ≥ 0 c set so that F(p) is as small as possible (0% inspection, c = 0, always reject) E(TC) = cA + cI(0) + [(N - n)pcD - cA](0) = cA 1. n ≥ no 2. n ≤ no ___________________________________________________ If cI - pcD > 0 If cI - pcD > 0 E(TC) = cA...
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...MANAGEMENT Dividend Policy and Market Performance of Tata Consultancy Services S ection D, Group 3 Gaurav Sethi - 2010199 Kshitij Varshney – 2010206 Rengarajan S – 2010221 Saumya Rawat – 2010224 Sonal Gawde -2010228 Introduction Tata Consultancy Services (TCS) is software services consulting company headquartered in Mumbai, India. TCS is operational in 42 countries and has more than 142 branches across the world. It is the largest provider of information technology and business process outsourcing services in the world. TCS was founded in 1968. TCS began as Tata computer Centre for the Tata Group. It was headed by Chairman JRD Tata. F C Kohli was the first General Manager. The main business for Tata Computer Centre was to provide computer services to the Tata group companies. One of the first assignments for TCS was to provide punch card services to sister concernTata Steel (then called TISCO). In early 1970s, TCS started exporting its services. The company pioneered the global delivery model for IT services. Its first off-shore client came in 1974 from Burroughs, one of the first business computer manufacturers. In the early 1990s, the Indian IT outsourcing industry grew tremendously due to the Y2K bug and the launch of a unified European currency, Euro. TCS pioneered the factory model for Y2K conversion and developed software tools which automated the conversion process and enabled third-party developers and clients to make use of it. In 1999, TCS saw outsourcing opportunity...
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...<12093> ROSHAN SHETTY <12098> SANJEEV S<12103> SHWETA PATHAK<12108> SUPROTIM GANGULY<12113> VINAY PRAKASH<12118> INFORMATION TECHNOLOGY SECTOR Project Work on Human Resource Management ------------------------------------------------- Accenture ------------------------------------------------- TCS ------------------------------------------------- Tech Mahindra ------------------------------------------------- SUBMITTED TO : Dr.MOUSUMI SEN GUPTA DATE : 10/08/2012 GROUP : 3 [SECTION B] Contents Overview of the Information Technology Sector 4 Major players according to revenue (global) US$(Billion):- 4 Top 5 Indian IT companies 5 HR POLICIES 6 ORGANIZATIONAL HIERARCHY:- 6 Recruitment and Selection:- 6 Training and Development:- 7 GRIEVANCE REDRESSAL:- 8 Compensation Management:- 9 APPRAISAL PROCESS:- 10 REWARDS & RECOGNITIONS/MOTIVATION:- 12 CSR activities (Corporate social responsibility) 13 Education and Learning:- 14 Best HR Practices 15 Similarities in terms of HR policies and Strategies 16 Differences in terms of HR Policies and Strategies 16 Conclusion 17 References and Acknowledgement 18 Overview of the Information Technology Sector Information technology (IT) is defined as the design, development, implementation and management of computer-based information systems, particularly software applications and computer hardware. It has grown to cover most...
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...Mr. Natarajan Chandrasekaran CEO & MD Tata Consultancy services (TCS) Mr. Natarajan Chandrasekaran (‘Mr. Chandra’) is the Chief Executive Officer and Managing Director of Tata Consultancy Services (TCS), a leading global IT solution and consulting firm, and a member of its Board of Directors. He was elevated to the role of Chief Executive in October 2009 after serving as the Chief Operating Officer since 2007. With revenues of $15.5 billion in 2014-15, TCS is among the fastest growing IT services companies globally with a compounded annual growth rate of 26 per cent over the last three years. The market capitalization of the company crossed USD 80 billion during 2014-15, making TCS the most valuable company in India. With over 319,000 consultants, TCS has become the largest private sector employers in India with the highest retention rate in a globally competitive industry. A tireless traveler who is always willing to meet customers, Mr. Chandra personifies TCS’ commitment to its culture of customer centricity, its reputation for high service quality as well as its tradition of innovation. A technopreneur known for his ability to make big bets on new technology, Mr. Chandra has been driving several innovative initiatives at TCS, some of which have since scaled into sizeable new businesses. Mr. Chandra has been appointed as the Chairperson of the IT Industry at the World Economic Forum, Davos for 2015-16. He is also a member of Indo – US CEO Forum. Mr. Chandra has...
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...Assignment 2 SCMT 200 OP55: Introduction to Global Supply Chain Management (Due 11pm SUN MAR 15, 2015) Required: 1. (8 marks) Assume that you are at the end of May 2015. Suppose among the headlines in Edmonton Journal at the end of May 2015 are:’ * “Crude oil prices increased by 25% in the month of May 2015” * “Costs are Flying High – Fear of Inflation Looming” * “Another Real Estate Frenzy – It’s HOT in Edmonton and Calgary” (6) Individual impacts of the three events respectively on inventory management 1) If oil prices rise 25%, the cost of production and manufacturing will go up. The cost of transportation will be rising, so ordering larger quantities of inventory less frequently will decrease transportation costs. The 25% increase will also create more work, which will lead to an increase in spending. This increase in spending will make up for the extra inventory that retail stores are holding. 2) If costs rising and a fear of inflation, spending will go down, manufacturing costs will rise and inventories will be lower for retailers to reduce a possibility for write-offs. Interest rates will also rise therefore reducing overall spending. 3) People are making large purchases in the real estate sector, spending is high so retailers will be stocking up more frequently and have more on hand inventory. Buffer stock will be higher to keep up with...
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...Sustainable Development: Climate Change, and Corporate Social Responsibility: An Emerging Role for ISO Standards Dan Gagnier ISO/TC 207 Chair Stockholm 2002 Presentation Outline • Introduction – A couple of Words about the Earth Conference – ISO/TC 207 ----a Pioneer TC • Climate Change – The extent of the problem – The policy and business response – Where do ISO Standards fit? • CSR • Conclusions General Implications Embedded in Action Plan • Reduction of species loss will have greater impact on a company that has a greater percentage of its reserves in environmentally fragile areas. • Reducing poverty ie. a company with a large presence in the developing world has to consider how its work on sustainability issues can contribute directly to poverty alleviation in its operating areas. • Global companies should take as much action as they can within their sphere of operations to address global climate change, as well as seeking out more pragmatic, long-term alternatives to Kyoto. • Productive new/focused partnerships a key theme of the summit, driven by a recognition that no one can solve macro sustainability problems alone. Sorting out partnerships and getting them right will become more urgent. Major Trends & Ten Year Agenda • Trend for an increasing cultural presence of major NGOs; civil society voices will be louder than ever. This is supported by data showing that public trust continues to move to NGOs as the most trustworthy institutions • Accountability...
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...>cases A GEM of a Study >Abstract The Global Entrepreneurship Monitor Entrepreneurial Assessment, a joint project of The Kauffman Center for Entrepreneurial Leadership at Babson College and The London Business School, has undertaken a long-term, large-scale project to prove the causal links between a government’s economic policies and initiatives, the resulting entrepreneurial activity and subsequent economic growth. This case describes multiplestage research, including thousands of interviews in several countries by established research firms. >The Scenario What government policies and initiatives are most likely to generate high levels of entrepreneurial activity? Which are positively correlated with the economic well-being of a country as measured by growth in GDP and job formation? Project directors of the Global Entrepreneurship Monitor (GEM), who define entrepreneurship as “Any attempt at new business or new venture creation, such as self-employment, a new business organization, or the expansion of an existing business, by an individual, a team of individuals, or an established business,” suggest the following: • Promoting entrepreneurship, especially outside the most active age group (25-44), with specific programs that support entrepreneurial activity. • Facilitating the availability of resources to women to participate in the entrepreneurial process. • Committing to long-term, substantial postsecondary education, including training programs designed to develop...
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...which was acquired by Tata Sons earlier this year, with Tata Consultancy Services (TCS) is currently continuing on four to five different planes. This was stated by Mr Atul Takle, Vice-President — Corporate Communications, TCS, at an informal press meet here. According to him, the most important integration is being effected with regard to human resources. TCS is trying to incorporate its HR policies in the CMC format. The second step is being taken with regard to joint bidding for projects. Mr Takle said that sometimes both organisations were coming together and bidding jointly for a project. At other times, they were bidding separately. ``It varies from case to case. If we find that that by jointly bidding our purpose will be served, we do so. Otherwise, we bid separately. There is a constant exchange of views and flow of information among the two organisations,'' he said. A ``cultural'' integration was also on. According to Mr Takle, TCS was trying to inject its corporate and functioning culture into CMC. ``There is a wrong perception that CMC, being earlier a government organisation, lacks a modern corporate culture. This is not wholly true because CMC is made of IT professionals and they are totally aware of current corporate cultures,'' he said. TCS was also trying to initiate quality standards within CMC. ``We are also helping CMC in project delivery skills,'' he said. TCS was trying to sell CMC's business potential in the overseas market. ``CMC is a strong...
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...EOCQ 15) Cent Investments Ltd is considering a project that will result in initial cash savings of $5 million at the end of the first year, and these savings will grow at the rate of 3.2% per year indefinitely. The firm has a debt/equity ratio of 4.0, a cost of equity of 12%, and an after-tax cost of debt of 6%. The cost-saving proposal is related to the firm’s core business, so it is viewed as having the same risks as the overall firm. Under what circumstances should the firm take on the project? WACC = 7.20% PV of cash savings = $125,000,000 ? Thus, the firm should take on the project if the initial investment cost of the project is less than $125 million. 5. EOCQ 20) The Mark Models Company Ltd (MML) is contemplating a $20 million expansion project in its models division. It has forecast after-tax cash flows for the project of $8 million per year in perpetuity. The cost of debt capital for MML is 8 per cent, and its cost of equity capital is 16 per cent. The tax rate is 30 per cent. Mark Might, the company’s chief financial officer, has come up with two financing option: 1) $20 million issue of 10-year debt at 8 per cent interest. The issue costs would be 1 per cent of the amount raised. 2) A $20 million issue of ordinary shares. The issue costs of the shares would be 15% of the amount raised. The target debt/equity ratio of Mark Models is 3. The expansion project will have about same risk as the existing business. a) Mr Mark has...
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...Inventory Management UNIT 17 Objectives INVENTORY MANAGEMENT Upon completion of this unit, you should be able to: understand the meaning of inventory and identify inventory related cost parameters learn about various types of inventory policies appreciate the role of selective inventory management know the exchange curve concept for aggregate inventory planning get a feel of some mathematical models of inventory analysis perform sensitivity analysis on a type of model compute safety stocks understand the problems of slow moving items appreciate the role of computers in inventory control have a brief idea about recent developments in inventory management. Structures 17.1 17.2 17.3 17.4 17.5 17.6 17.7 17.8 17.9 17.10 17.11 17.12 17.13 17.14 Introduction to Inventory Systems Functions of Inventory Classification of Inventory Systems Selective Inventory Management Exchange Curve and Aggregate Inventory Planning Deterministic Inventory Models Probabilistic Inventory Models Inventory Control of Slow Moving Items Recent Developments in Inventory Management Concluding Remarks Summary Key Words Self-assessment Exercises Further Readings 17.1 INTRODUCTION TO INVENTORY SYSTEMS Concept of Inventory . Inventory' may be defined as usable but idle resource'. If resource is some physical and tangible object such as materials, then it is generally termed as stock. Thus stock or inventory are synonymous terms though inventory has wider implications. Broadly speaking, the problem of...
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...Traded as | BSE: 532540 NSE: TCS | Industry | IT services IT consulting | Founded | 1968 | Headquarters | Mumbai, Maharashtra, India | Area served | Worldwide | Key people | Ratan Tata (Chairman) S Ramadorai (VC) N. Chandrasekaran (CEO & MD) | Products | TCS Bancs Digital Certification Products Healthcare Management Systems | Services | Outsourcing BPO Software Products | Revenue | US$ 8.355 billion (2011)[1] | Profit | US$ 2.024 billion (2011)[1] | Total assets | US$ 7.215 billion (2011)[1] | Total equity | US$ 5.499 billion (2011)[1] | Employees | 2,15000 (May 2011)[1] | Parent | Tata Group | Website | TCS.com | | | Tata Consultancy Services Limited (TCS) (BSE: 532540, NSE: TCS) is an Indian IT services, business solutions and outsourcing company headquartered in Mumbai, India. It is the largest provider of information technology in Asia and second largest provider of business process outsourcingservices in India.[2][3] TCS has offices in over 47 countries with more than 142 branches across the globe and is a subsidiary of textiles and manufacturingconglomerate Tata Group. ------------------------------------------------- History It began as the "Tata Computer Centre", for the company Tata Group whose main business was to provide computer services to other group companies. F C Kohli was the first general manager. J. R. D. Tata was the first chairman, followed by Pankaj Roy.[citation needed] One of TCS' first assignments was to...
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