S. Ramadorai

TCS reviewing capex plans: Ramadorai

TCS reviewing capex plans: RamadoraiOngoing global financial crisis has forced Tata Consultancy Services Ltd (TCS) to revise its capital expenditure plans for the current financial year. The chief Executive Officer and Managing Director of TCS, Mr S. Ramadorai said that the company may delay some projects following the international crisis. He said that the financial crisis would impact all companies in the world, irrespective of geographical boundaries. The company is employing various cost cutting measures to improve efficacy and productivity. He ruled out any retrenchment drive by the company in the near future.