Rediff Logo
 Money
Line
Channels: Astrology | Broadband | Contests | E-cards | Money | Movies | Romance | Search | Women
Partner Channels: Bill Pay | Health | IT Education | Jobs | Travel
Line
Home > Money > Reuters > Report
August 30, 2001 		Feedback  
  Money Matters

 -  Business Special
 -  Business Headlines
 -  Corporate Headlines
 -  Columns
 -  IPO Center
 -  Message Boards
 -  Mutual Funds
 -  Personal Finance
 -  Stocks
 -  Tutorials
 -  Search rediff

    
      

 
Reuters
 Search the Internet
         Tips
 Sites: Finance, Investment
E-Mail this report to a friend
Print this page

TCS opens software centre in Hungary

Tata Consultancy Services, India's largest software exporter, said on Thursday it has opened a software development centre in Hungary to service its European customers.

Located in Budapest, the centre is TCS' 24th offshore development centre and will have a strength of 100 software professionals by the end of 2001, TCS said in a statement.

TCS said 80 per cent of the staff will be Hungarians. It plans to hire 100 people from technical universities in Hungary every year till 2005, the statement said.

Unlisted TCS is a division of Tata Sons, the holding company of India's second-biggest industrial conglomerate, the Tata group.

TCS, which has over 16,000 software professionals working in about 50 countries, earned 23 per cent of its revenue from Europe last year.

It posted a revenue of Rs 31.42 billion for the year ended March.

Back to top
(c) Copyright 2000 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Tell us what you think of this report

ADVERTISEMENT