TCS re-appoints N Chandrasekaran as CEO

Tags: News
India's largest software services firm Tata Consultancy Services (TCS) today said the tenure of its Chief Executive Officer and MD N Chandrasekaran has been extended by five years to October 2019.

Chandrasekaran, who was appointed CEO and MD for five years on October 6, 2009, has been re-appointed for another five years, TCS said in a statement.

His re-appointment will be effective October 6, 2014, it added.

TCS has been posting stellar quarterly growth and industry-topping performance, even though its nearest rival, Infosys had expressed concerns about clients' technology spends.

Under Chandrasekaran's leadership, the company has seen its revenues growing to Rs 85,933 crore (for quarter ended June 2014, from Rs 29,091 crore in Q2 FY'10 (when he took over).

The company has grown as a CAGR of 24.2 per cent, one of the highest in the industry.

TCS' market cap has also increased 4.1 times under his leadership from Rs 1.2 lakh crore to Rs 4.97 lakh crore.


  • Centre and states must cooperate to get the economy moving

    Mirroring the previous three quarters, another round of tepid corporate earnings announcements are expected in a few days from now.


Stay informed on our latest news!


Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs


Arun Kumar Jain

Good governance and vicarious liability

Last fortnight was an extraordinary one for sta­keholders in good ...

Kuruvilla Pandikattu

Humans are wired to be lazy

Those of us who spend hours doing rigorous exercising with ...

Dharmendra Khandal

How positive intervention can go a long way

Ten years ago, Sariska tiger reserve declared that there were ...


William D. Green

Chairman & CEO, Accenture