People Consider Us Conservative But History Shows Otherwise:
TCS CEO Rajesh Gopinathan
India’s largest software services provider said it won’t shy away from acquisitions if opportunities emerge during the virtual business freeze caused by the coronavirus pandemic.
Any form of vendor consolidation or other things are on the table, Rajesh Gopinathan, managing director and chief executive officer at Tata Consultancy Services Ltd., said in an interview to BloombergQuint. “People think of us as conservative but if you go back in history, it was in the middle of the GFC crisis that we made our largest acquisition,” he said, referring to the buyout of Citigroup Global Services in 2008. “We have the strength of our balancesheet to be able to participate in any emerging opportunities.”
Source: Bloomberg Quint