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TCS - India's first $100 billion company is bigger than all listed stocks in Pakistan combined

Congrats India, and also Pakistan on being a yardstick for India to measure it's success by. A rare story where both countries can bask in shared good news!
 
Between TCS and Infosys, the former is quantity. The latter is quality.

TechM, Wipro and Congizant are in the middle.
 
Varun said:
Between TCS and Infosys, the former is quantity. The latter is quality.

TechM, Wipro and Congizant are in the middle.
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TCS over Infy any day. (From employee pov)
Infy's mysore training campus is dope though.
 
TCS is also the biggest courier service in Pakistan :yk

TCS-Pakistan-Exceptional-Cargo-Delivery-to-Pakistan.jpg
 
Varun said:
Between TCS and Infosys, the former is quantity. The latter is quality.

TechM, Wipro and Congizant are in the middle.
Click to expand...

Looks like TCS was 2.5 times smaller than Infy in 2009 but now TCS is 1.5 times bigger..how times changed.Infosys just sat on their old laurels :(
 
mankuTimma said:
Looks like TCS was 2.5 times smaller than Infy in 2009 but now TCS is 1.5 times bigger..how times changed.Infosys just sat on their old laurels :(
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Companies need to learn from Nokia they were the biggest player in mobile market far ahead of others and laughed at Android and iPhone when they were introduced but now Nokia is the biggest joke for mobile users thanks to their decision of not changing with the time.
 
Mian said:
Companies need to learn from Nokia they were the biggest player in mobile market far ahead of others and laughed at Android and iPhone when they were introduced but now Nokia is the biggest joke for mobile users thanks to their decision of not changing with the time.
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Wrong comparison.TCS improved tremendously in same time Nokia regressed.Unlike in 2000 mega companies are now run very well with very good management.

If you want comparison Infosys would have been good example it regressed but even here it’s not going down any way. Problem with Nokia was thier software which didn’t keep pace with Android.I guess Google offered Android but for some reason Nokia didn’t went with them.Story would have been totally different if Nokia had Andorid from beginning especially with their hardwares.
 
Mian said:
TCS is also the biggest courier service in Pakistan :yk

TCS-Pakistan-Exceptional-Cargo-Delivery-to-Pakistan.jpg
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That is what I thought when I first opened the thread.... I was like every university I had applied to, or every visa I have ever applied, or any courier I have sent has been through an Indian company :danish :danish :danish
 
Varun said:
Between TCS and Infosys, the former is quantity. The latter is quality.

TechM, Wipro and Congizant are in the middle.
Click to expand...

Not really, that's a big misconception, both are body shops the only one that atleast tried to be different was WIPRO and lol failed miserably.

The only positive aspect of this is for TATA they can pay of their debt for docomo and give Xtra cash to their investors because clearly they are not investing in their employees, but luckily for them job market is bad and people stay, but for how long?
 
mankuTimma said:
After CPEC Pakistan became global player so nothing wrong in comparison.
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What made you think there was anything wrong with a comparison from my post? Did I not emphasise the exact opposite that it's positive news for both India and Pakistan?
 
My Pakistani buddy works for them out of Chicago. TCS beats its competitors on price... One reason is because they literally bring tons of employees from India to N. America to do all the work...these guys aren't paid what a regular hire in N. America would get paid..to soften this they hire local N. American candidates and put them in client facing roles so it seems like they have enough Americans/Canadians.

Fun fact...my buddy was unassigned for 8 months...sat at home and collected a fat paycheck. He's on a long-term contract now...but says the bonuses and raises are horrible. TCS is used by a lot of F50 companies in the US though.
 
sshakir411 said:
My Pakistani buddy works for them out of Chicago. TCS beats its competitors on price... One reason is because they literally bring tons of employees from India to N. America to do all the work...these guys aren't paid what a regular hire in N. America would get paid..to soften this they hire local N. American candidates and put them in client facing roles so it seems like they have enough Americans/Canadians.

Fun fact...my buddy was unassigned for 8 months...sat at home and collected a fat paycheck. He's on a long-term contract now...but says the bonuses and raises are horrible. TCS is used by a lot of F50 companies in the US though.
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This. I have some friends who just went office twice in a year. And he got all the salary in account. And even now ita the best company for lazy people. Most if the tcs guys i know in delhi ,hardly go 14-15 working days to office....
 
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I have a Pakistani-American friend that works for Infosys lol, I wonder how Pakistanis are treated in Indian companies.
 
Pakistanian said:
I have a Pakistani-American friend that works for Infosys lol, I wonder how Pakistanis are treated in Indian companies.
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I assume your friend should be able to answer that question. Given that he chose to work there, I assume he must be treated well enough. People from many different religions work for these gigantic Indian firms.
 
Napa said:
I assume your friend should be able to answer that question. Given that he chose to work there, I assume he must be treated well enough. People from many different religions work for these gigantic Indian firms.
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I was reading on reddit that a lot of indian employers in America are very castiest and ethnocentric, so they'll prefer a high caste south indian for a position over somebody that is not.
 
Perhaps you should consider the size of India before comparing yourself to Pakistan. How about comparing India to China, USA or Russia? I am no more envious then Indians are of CPEC that the poster admits himself.
 
akki said:
This. I have some friends who just went office twice in a year. And he got all the salary in account. And even now ita the best company for lazy people. Most if the tcs guys i know in delhi ,hardly go 14-15 working days to office....
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You do realize the difference between his buddy and urs? His buddy got paid in dollars to be unassigned, in India you get peanuts for the same,which is ok if you are preparing for CAT ,GRE,GMAT ETC..

They would never pay a person on H1B same way as unassigned.
 
Pakistanian said:
I was reading on reddit that a lot of indian employers in America are very castiest and ethnocentric, so they'll prefer a high caste south indian for a position over somebody that is not.
Click to expand...

There is a bit of "helping your own community" like everywhere else. South Indian upper castes are not monolithic. Talent and hard work does get rewarded irrespective of where you come from, though not perfectly.
 
Many contractors at my company are from TCS. They are all hardworkers but tcs abuses H1b policies to outbid contracts and bring in Indians with 10 years of experience at a entry level salary.
 
sshakir411 said:
Just realized it's market cap and not revenue or valuation....
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Valuation and market cap are the same, unless you mean "enterprise valuation" in which case you have to add value of debt to value of equity.
 
Napa said:
Valuation and market cap are the same, unless you mean "enterprise valuation" in which case you have to add value of debt to value of equity.
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Yup...that's what I meant. When you work in valuation...it only means one thing to you. Should have been clearer.
 
sjahmed23 said:
Many contractors at my company are from TCS. They are all hardworkers but tcs abuses H1b policies to outbid contracts and bring in Indians with 10 years of experience at a entry level salary.
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There is some myth-making going on when people talk about "abusing" H1B program. When companies provide less than 100% accurate information in their visa petitions, that's clearly an abuse, and should be penalized appropriately. But when I see random lobby groups talk about Indian companies bringing in a guy with 10 years experience at an entry-level salary, how's that abuse? The guy is accepting the role voluntarily (no one is forcing him), he knows exactly how much he's going to make, and the number is well above minimum wage level in the local market. So how's that abuse? Just because it's lower than market rate doesn't mean it's abuse. This is example of market forces at play: client gets a resource at a lower cost and the resource is happy with what he's making. It's classic win-win.

So where is the problem?
 
English August said:
There is some myth-making going on when people talk about "abusing" H1B program. When companies provide less than 100% accurate information in their visa petitions, that's clearly an abuse, and should be penalized appropriately. But when I see random lobby groups talk about Indian companies bringing in a guy with 10 years experience at an entry-level salary, how's that abuse? The guy is accepting the role voluntarily (no one is forcing him), he knows exactly how much he's going to make, and the number is well above minimum wage level in the local market. So how's that abuse? Just because it's lower than market rate doesn't mean it's abuse. This is example of market forces at play: client gets a resource at a lower cost and the resource is happy with what he's making. It's classic win-win.

So where is the problem?
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Lol I can only laugh at this. How can a guy with 10 years of experience take an entry level salary? well because he is desperate. Is he competent? of course not because if he was he would've left a long time ago because he would've realized he's being played.

The problem is, an American kid pays $60k a year to go through college, plus additional $20k for room and board and insurance. And when he finally graduates he can't find a job because there are a billion people in India who would happily work at his entry level salary.
 
sjahmed23 said:
Lol I can only laugh at this. How can a guy with 10 years of experience take an entry level salary? well because he is desperate. Is he competent? of course not because if he was he would've left a long time ago because he would've realized he's being played.

The problem is, an American kid pays $60k a year to go through college, plus additional $20k for room and board and insurance. And when he finally graduates he can't find a job because there are a billion people in India who would happily work at his entry level salary.
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Looks like you didn’t understood concept,entry level in US not in india.After converting to Indian rupees it’s way above 10 year experience level salary.He can stay in India only and earn 10 year experience level salary or go to US and earn way more than that.
 
Good to know that the exclamation point on this achievement had somehow, something to do with Pakistan.
 
mankuTimma said:
Looks like you didn’t understood concept,entry level in US not in india.After converting to Indian rupees it’s way above 10 year experience level salary.He can stay in India only and earn 10 year experience level salary or go to US and earn way more than that.
Click to expand...

Yeah but your only looking at it from Indians POV. Think of this, what if tomorrow some African company comes to India and starts sending its workers who have 10 years of IT experience and starts to undercut competition by offering its workers for the salary of someone who is coming out of college. How would the Indian government and Indian population react to this? I already know the answer.
 
sjahmed23 said:
Yeah but your only looking at it from Indians POV. Think of this, what if tomorrow some African company comes to India and starts sending its workers who have 10 years of IT experience and starts to undercut competition by offering its workers for the salary of someone who is coming out of college. How would the Indian government and Indian population react to this? I already know the answer.
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That’s different topic and it will not happen in foreseeable future as we are not a developed country so wages will still remain low and we already developed lots of expertise in IT sector projects which is not easy to bypass.

But in less skilled areas like BPO we already lost jobs to Philliphines and other smaller countries but that’s how capitalism works.
 
sjahmed23 said:
Lol I can only laugh at this. How can a guy with 10 years of experience take an entry level salary? well because he is desperate. Is he competent? of course not because if he was he would've left a long time ago because he would've realized he's being played.

The problem is, an American kid pays $60k a year to go through college, plus additional $20k for room and board and insurance. And when he finally graduates he can't find a job because there are a billion people in India who would happily work at his entry level salary.
Click to expand...

MankuTimma addressed most of your questions. Only thing I'd add is: if this Indian guy is incompetent and not able to do his job, fire him. Where is the problem?

Employer holds all the aces in this transaction.
 
sjahmed23 said:
Yeah but your only looking at it from Indians POV. Think of this, what if tomorrow some African company comes to India and starts sending its workers who have 10 years of IT experience and starts to undercut competition by offering its workers for the salary of someone who is coming out of college. How would the Indian government and Indian population react to this? I already know the answer.
Click to expand...

What you are saying is right,the issue is its a monetary situation for example personally would you buy something that is made in China which makes it 60$ cheaper(ex trimmer) or would you go some wahl trimmer that is expensive and made in USA.

Even all the clothes are made in outside of USA(and are dead cheap),similarly with things,heck to give you an idea most places including franchises(except chik a fil) use illegal cheap labor, and that btw it is illegal,I can tell you that even top restaurants in Chicago use illegal labor.

The main reason Indian IT companies get more flak than others is because they actually go through the legal route of H1b,and it becomes common knowledge and also it benefits corporate but the same small business and people who utilize Chinese made products and Illegal labor don't get so much flak.
 
JaDed said:
What you are saying is right,the issue is its a monetary situation for example personally would you buy something that is made in China which makes it 60$ cheaper(ex trimmer) or would you go some wahl trimmer that is expensive and made in USA.

Even all the clothes are made in outside of USA(and are dead cheap),similarly with things,heck to give you an idea most places including franchises(except chik a fil) use illegal cheap labor, and that btw it is illegal,I can tell you that even top restaurants in Chicago use illegal labor.

The main reason Indian IT companies get more flak than others is because they actually go through the legal route of H1b,and it becomes common knowledge and also it benefits corporate but the same small business and people who utilize Chinese made products and Illegal labor don't get so much flak.
Click to expand...

Indian IT companies don't get enough flak, if any flak. In fact it wasn't until Donald Trump brought up the issue about Disney laying off workers who got replaced by Indian outsource companies that people actually paid attention. If Indian outsourcing companies played by the rules and did not exploit their workers and visa system, they would not be worth $100bil, they would be bankrupt. The entire business model is to outsource cheap labor and take advantage of laxed visa laws, name one product TCS has that is comparable to IBM or any other MNC in the similar domain.
 
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sjahmed23 said:
Indian IT companies don't get enough flak, if any flak. In fact it wasn't until Donald Trump brought up the issue about Disney laying off workers who got replaced by Indian outsource companies that people actually paid attention. If Indian outsourcing companies played by the rules and did not exploit their workers and visa system, they would not be worth $100bil, they would be bankrupt. The entire business model is to outsource cheap labor and take advantage of laxed visa laws, name one product TCS has that is comparable to IBM or any other MNC in the similar domain.
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If you notice I have already criticized TCS in the thread above as a body shop,and everyone exploits their workers,depending on situations,there are very few good IT companies even in the USA.

And it does play by the rules laid out by USA,those rules are not fair to USA public that I agree with, and visa system is something client asks for,to give you an example TCS wanted 10% onsite and 90% offshore concept but this major Client wanted 25% onsite(any visa) and 75% offshore concept, in this case tell me who is to blame,the one giving contract to TCS or TCS?

The flak has always been there,I can paste a anrticle from early 2000's of WIRED magazine mocking India and Indian IT system etc, even during Kerry running as PREZ it was an issue only TRUMP did something abt it.
 
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sjahmed23 said:
Indian IT companies don't get enough flak, if any flak. In fact it wasn't until Donald Trump brought up the issue about Disney laying off workers who got replaced by Indian outsource companies that people actually paid attention. If Indian outsourcing companies played by the rules and did not exploit their workers and visa system, they would not be worth $100bil, they would be bankrupt. The entire business model is to outsource cheap labor and take advantage of laxed visa laws, name one product TCS has that is comparable to IBM or any other MNC in the similar domain.
Click to expand...

Even before Trump there are complaints against Indian IT companies in US but US companies need Indian companies so they successfully lobbied to continue existIng arrangement.Even Trump cannot eliminate this.
 
freelance_cricketer said:
https://economictimes.indiatimes.co...d-stocks-in-pakistan/articleshow/63877096.cms

A proud day for me as a boastful Indian.

I was going into depression learning of the advancement of the CPEC project . With this however we have made a great come back. I hope this makes my friends from Pakistan truly envious.
Click to expand...


And what exactly does this have to do with Pakistan???:sanga

And since when did you shed your 'Apologetic Indian' stance and become boastful?

Anyway, congrats on the change (for the better) . I hope it doesn't revert once the medicine starts acting. :afridi1
 
gani999 said:
And what exactly does this have to do with Pakistan???:sanga

And since when did you shed your 'Apologetic Indian' stance and become boastful?

Anyway, congrats on the change (for the better) . I hope it doesn't revert once the medicine starts acting. :afridi1
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It is sign of a true genuine person that he reacts in a unique and unpredictable way to different things.

Your bhaijaan will never become a bitter person with a chip on his shoulder.

I'm all about love, peace, truth.
 
JaDed said:
Not really, that's a big misconception, both are body shops the only one that atleast tried to be different was WIPRO and lol failed miserably.

The only positive aspect of this is for TATA they can pay of their debt for docomo and give Xtra cash to their investors because clearly they are not investing in their employees, but luckily for them job market is bad and people stay, but for how long?
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Actually no of the three , only Infy has had sucessful home grown product ( finacle ) which they generated revenues even from developed markets .
I have worked in all three companies , TCS the longest and the only reason they do well is cos of pricing , TATA name and even in domestic due to their Govt connections .
 
sjahmed23 said:
Yeah but your only looking at it from Indians POV. Think of this, what if tomorrow some African company comes to India and starts sending its workers who have 10 years of IT experience and starts to undercut competition by offering its workers for the salary of someone who is coming out of college. How would the Indian government and Indian population react to this? I already know the answer.
Click to expand...

We will do what Trump is doing now , simple . Nothing to complain here .
 
Have worked in TCS, for me it was one f the worst companies to work in, totally unprofessional management, too much politics and lack of growth alongside the workload and salary being not paid as per your skills standard (however that is true for every company in India).

Having said that every project in TCS is like a different company in itself have friends who worked in TCS who were very happy due to on-sites, no work pressure at all, relaxed job environment..

Good for TCS to achieve the milestone and hopefully the employees will get a share of the pie..
 
English August said:
There is some myth-making going on when people talk about "abusing" H1B program.
Click to expand...

sjahmed23 said:
How can a guy with 10 years of experience take an entry level salary? well because he is desperate. Is he competent? of course not...
Click to expand...

Nice to know it is possible to build a $100B company using incompetent employees. Do continue with your delusions...
 
Napa said:
Nice to know it is possible to build a $100B company using incompetent employees. Do continue with your delusions...
Click to expand...

TCS has swaths of talent to choose from an over populated country, yet it has no product out that is more noticeable than what Pakistani IT firms offer.... why is that?
 
sjahmed23 said:
TCS has swaths of talent to choose from an over populated country, yet it has no product out that is more noticeable than what Pakistani IT firms offer.... why is that?
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TCS is not product based company.Just check its full name.
 
sjahmed23 said:
TCS has swaths of talent to choose from an over populated country, yet it has no product out that is more noticeable than what Pakistani IT firms offer.... why is that?
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TCS has large revenues, which means it sells a lot of something. Whether you wish to call that something "product" or "service" is merely semantics. What TCS does own is its knowledge of being able to implement solutions for large firms, for which is gets contracts that pay quite handsomely.

If your question is why does TCS not have a "product" like IBM's Watson or Oracle Database there are different reasons, amongst which would be:

1) Legacy: Many of the dominant products were created by startups decades ago, when such work was not being done in India.

2) Ecosystem: The invention ecosystem exists only in certain parts of the world, mostly in the US. It also consists of not only the inventors but also the financiers. Indian engineers who can create new products join the existing ecosystems, for example Google engineering has many Indian engineers.
 
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sjahmed23 said:
TCS has swaths of talent to choose from an over populated country, yet it has no product out that is more noticeable than what Pakistani IT firms offer.... why is that?
Click to expand...

Pakistani IT firms ... do such things exist? I didn't know, so I googled for "Pakistani IT firms". First link was a wikipedia entry that listed Pakistani businesses. I couldn't pick out IT firms from there. Next several entries were about Pakistani companies being black-listed by US for nuclear trade.

So, question back to you, could you provide names of a few Pakistani IT firms? I'd like to learn more.
 
English August said:
Pakistani IT firms ... do such things exist? I didn't know, so I googled for "Pakistani IT firms". First link was a wikipedia entry that listed Pakistani businesses. I couldn't pick out IT firms from there. Next several entries were about Pakistani companies being black-listed by US for nuclear trade.

So, question back to you, could you provide names of a few Pakistani IT firms? I'd like to learn more.
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The one that I have heard of is Axact, self-described as the "World's Leading IT Company".
 
freelance_cricketer said:
https://economictimes.indiatimes.co...d-stocks-in-pakistan/articleshow/63877096.cms

A proud day for me as a boastful Indian.

I was going into depression learning of the advancement of the CPEC project . With this however we have made a great come back. I hope this makes my friends from Pakistan truly envious.
Click to expand...

Not a very fair comparison, since India is significantly larger than Pakistan in terms of population and land mass. Do they not teach the difference between absolute and relative in India?
 
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