Tata Consultancy Services (TCS) is optimistic about clients' discretionary spending in the next fiscal year riding on better economic environment in the US and Europe, HBL reported. The company expects to do better than what it has done in 2013 so far.
The report quoted N. Chandrasekaran, Chief Executive Officer and Managing Director, TCS, as saying, “We have invested early in the digital space (SMAC) and it is driving enormous opportunities across sectors, and we are seeing that in all markets. That momentum is picking and will drive growth.”
He also said that the company that had announced to hire 45,000 people this year, has already hired 50,000 till now. Going forward, it will hire 25,000 freshers for the next financial year and it has already started hiring a few, the report mentioned Chandrasekaran as saying.