MoneyWorks4Me

Tata Consultancy Services reply to clarification sought by the exchange

15 Jun 2015 Evaluate

The Exchange had sought clarification from Tata Consultancy Services with respect to news article appearing on ET NOW & CNBC TV 18 on June 12, 2015 titled ‘US opens probe against TCS, Infosys for H1-B visa violations’. Tata Consultancy Services replied stating that they would like to mention that TCS maintains rigorous internal controls to ensure we are fully compliant with all regulatory requirements related to US immigration laws including those related to H-1B visas. They would like to affirm our commitment to fair disclosure.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
TCS 2130.10
Infosys 1040.00
HCL Technologies 1280.30
Wipro 164.95
Tech Mahindra 1558.00
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