Systech International, Inc. announced its partnership with Tata Consultancy Services Limited (TCS) to supply the Life Sciences Industry with an effective and economic means of implementing their serialization programs. The partnership couples Systech's proven patented technology with TCS's ability to provide project management and system integration on a global basis.

Tata Consultancy Services Limited announced its Intelligent Testing System (ITS) solution, designed to help customers automate the testing lifecycle. The new solution is being developed through TCSf existing partnership with CA Technologies and combines TCS' innovative process and automation tools with CA USA Service Virtualization software. TCS is premiering this new offering, which will be generally available in May 2013, at CA World 2013 in Las Vegas, NV. ITS features engineering-based accelerators and built-in agile tools and will allow TCS and CA Technologies customers to automate the entire test cycle, reduce dependency on components, and provide faster time to market, leading to higher quality while minimizing cost. For use across all industries, ITS will allow users to test their applications intelligently while adhering to industry specific regulatory requirements.

Tata Consultancy Services Limited reported audited consolidated and standalone earnings results for the fourth quarter and year ended March 31, 2013. For the quarter, on a consolidated basis, the company reported total net income from operations of INR 164,300,900,000 against INR 132,593,300,000 for the same period last year. Profit from operations before other income finance costs and taxes were INR 43,275,400,000 against INR 36,811,100,000 for the same period last year. Profit before taxes was INR 47,510,600,000 against INR 37,767,200,000 for the same period last year. Net profit for the period was INR 36,156,400,000 or INR 18.46 per basic and diluted share against INR 28,949,300,000 or INR 14.70 per basic and diluted share for the same period last year. For the year, on a consolidated basis, the company reported total net income from operations of INR 629,894,800,000 against INR 488,938,300,000 for the same period last year. Profit from operations before other income finance costs and taxes were INR 169,599,900,000 against INR 135,173,700,000 for the same period last year. Profit before taxes was INR 180,897,300,000 against INR 139,233,100,000 for the same period last year. Net profit for the period was INR 139,173,100,000 or INR 70.99 per basic and diluted share against INR 104,134,900,000 or INR 53.07 per basic and diluted share for the same period last year. The company had a capex of INR 26,000 million in the fiscal year 2013. For the quarter, on a standalone basis, the company reported total income from operations of INR 126,494,000,000 against INR 101,709,100,000 for the same period last year. Profit from operations before other income finance costs and taxes were INR 33,504,000,000 against INR 28,560,000,000 for the same period last year. Profit before taxes was INR 37,947,400,000 against INR 30,970,300,000 for the same period last year. Net profit for the period was INR 30,147,800,000 or INR 15.37 per basic and diluted share against INR 25,583,400,000 or INR 12.99 per basic and diluted share for the same period last year. For the year, on a standalone basis, the company reported total income from operations of INR 484,261,400,000 against INR 381,042,300,000 for the same period last year. Profit from operations before other income finance costs and taxes were INR 135,034,100,000 against INR 106,975,500,000 for the same period last year. Profit before taxes was INR 157,031,800,000 against INR 133,663,300,000 for the same period last year. Net profit for the period was INR 127,863,400,000 or INR 65.22 per basic and diluted share against INR 109,759,800,000 or INR 55.95 per basic and diluted share for the same period last year. For the fiscal year 2014, the company is set to be better than fiscal 2013, with the company expecting to do better than Nasscom's estimates for the sector of 12-14%. The company would have a capex somewhere in the same region in this financial year also.