TCS likely to hire 30,000

Updated on: Friday, August 27, 2010

IT major, Tata Consultancy Services (TCS), said that its growth momentum in the last quarter of this fiscal would be better than the previous quarter.

"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," TCS Chief Financial Officer and Executive Director, S Mahalingam, told reporters at the CII-IFRS summit here.

Talking on increments to its employees, Mahalingam said that the company would be announcing the same around April but he would not be able to divulge the quantum now.

The TCS official, however, said that it would hire 30,000 personnel in the next fiscal.

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