Software services industry body Nasscom said its members are keen on partnering the government for engaging in IT-led projects under six key areas including education, energy, food and governance.
Software services industry body Nasscom said its members are keen on partnering the government for engaging in IT-led projects under six key areas including education, energy, food and governance.
"We would like to partner the government on six transformational IT-led projects in six areas, what we call EFGHI -- ie education and energy, food, governance, healthcare and infrastructure," TCS Chief Executive Officer and Managing Director N Chandrasekaran said at a Nasscom event.
The projects should be selected based on their fit with the government's priorities for the nation and the industry's expertise and experience, he added.
The former Nasscom Chairman said the project should be completed in a tangible timeline of 12-18 months.
"We will commit to jointly working with the government on such projects and then working together to resolve some of the engagement issues that we face from time to time so that we can implement them successfully," Chandrasekaran said. This will be a very important step for the IT sector's journey towards building a smart nation, he added.
TCS stock price
On March 02, 2015, at 09:25 hrs Tata Consultancy Services was quoting at Rs 2671.65, down Rs 3.65, or 0.14 percent. The 52-week high of the share was Rs 2834.00 and the 52-week low was Rs 2000.50.
The company's trailing 12-month (TTM) EPS was at Rs 104.29 per share as per the quarter ended December 2014. The stock's price-to-earnings (P/E) ratio was 25.62. The latest book value of the company is Rs 224.90 per share. At current value, the price-to-book value of the company is 11.88.
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