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TCS News

24 Jan 2023

Dividend Linked to Share price, IT Exemption Hike on Top of Budget Expectation

"There is no wish list. Just one wish. Zero tax," quipped a Tamil Nadu government employee. The market price of TCS is around Rs 3,300 per share. The face value of TCS is Re 1 per share.

13 Jan 2023

No more WFH! IT firm TCS calls its employees to office

TCS has asked all of its staff to return to their workstations. TCS advised its employees to return to the office three days a week or in accordance with the roster. The IT behemoth sent a mail to its employees regarding this.

10 Jan 2023

TCS declares 3rd interim dividend of Rs 8, special dividend of Rs 67

For the third quarter ended December 31, 2022, TCS had earned an income of Rs 58,229 crore (Q3FY22-Rs.48,885 crore) and a net profit of Rs.10,846 crore (Rs 9.769 crore).

08 Jan 2023

Eight of top 10 firms lose Rs 1 lakh cr in mcap; Infosys, HDFC big laggards

Eight of the top 10 most valued firms faced a combined erosion of Rs 1,06,991.42 crore in market valuation last week. IT majors Infosys and Tata Consultancy Services along with HDFC Bank taking the biggest hit. The market valuation of Infosys tumbled Rs 25,185.37 crore to Rs 6,09,687.79 crore, the most among the top 10 firms.

30 Dec 2022

Is TCS giving 100% variable pay, Massive salary hike to employees? Check truth

Media reports circulating saying TCS to give 100% variable to its employees as Christmas gift. 30% employees will get variable on the basis of performance. However, a source close to the affairs, has told Zee Media that the news isn't true.

16 Dec 2022

Markets trade lower in early trade, Sensex falls 385 points

Sensex and Nifty declined in early trade on Friday. The BSE benchmark index fell 385.38 points to 61,413.65 in early trade. The broader NSE Nifty declined 115.35 points to 18,299.55.

06 Dec 2022

WFH but no WFH! IT firms change strategy to let employees work from office

IT corporations have devised a solution to this problem: establishing numerous offices throughout the city.

02 Dec 2022

THESE India companies have highest female participation in total workforce

Burgundy Private & Hurun India 500 report 2022 ranked top Indian companies which have the highest female participation in the total workforce in India. However, these findings are part of a larger study to by the organisations to rank 500 most valuable companies in the country. Have a look at top 4 companies in India which have the highest female workforce.

27 Nov 2022

TCS, Infosys top gainers as nine of top-10 firms add Rs 79,798.3 cr in market

TCS and Infosys emerging as the biggest winners. The market valuation of TCS jumped from Rs 17,215.83 cr to Rs 12,39,997.62. Infosys added Rs 15,946.6 crore taking its valuation to Rs 6,86,211.59 crore.

20 Nov 2022

ICICI Bank, Infosys top gainers as 8 of top-10 firms add Rs 42,173 cr in m-cap

ICICI Bank, Infosys, and TCS emerging as the biggest gainers. Last week, Sensex dipped 131.56 points. In the ranking of top-10 firms, Reliance Industries retained the title of the most valued Indian company.

11 Nov 2022

TCS to create 1,200 new jobs in US amid layoff season

The Indian company will create these jobs in the state of Illinois, along with accelerating its STEM outreach efforts in local schools to cover 25 per cent more students and teachers.

Cognizant hike compensation

18 Oct 2022

Another BIG tech company announces annual compensation hike after Wipro and TC

IT giant Cognizant has chosen to implement annual compensation increases for its staff. Earlier, Tata Consultancy Services (TCS), Infosys, and Wipro decided to do so. WIPRO will pay out 100 per cent of variable pay to 85 per cent of its employees for the second quarter of financial year 2023.

17 Oct 2022

TCS COO says action for moonlighting can ruin a career, coo will show empathy

Action against moonlighting can ruin a person's career, officials said. We have to show some empathy," Subramaniam said. "At a young age, we don't want to see them penalised, violating the value systems," said the COO.

11 Oct 2022

TCS says confident of achieving double-digit revenue growth in FY23

TCS is confident of achieving a double-digit revenue growth in the current fiscal Tata Group company's topline has jumped 17.1 per cent to Rs 1.08 lakh crore this FY The company is well placed to keep achieving the Total Contract Value (TCV) of USD 7-9 billion per quarter for the next few quarters

28 Aug 2022

7 of the top-10 valued firms tanked in market value last week; Read details

Seven of top 10 firms suffered a combined erosion of Rs 1,54,477.38 crore in market valuation last week. IT majors Tata Consultancy Services and Infosys emerging as the biggest laggards. Reliance Industries Limited, ICICI Bank and State Bank of India were the only gainers in the top-10 pack.

26 Aug 2022

No more Work From Home for TCS workers! Return to office from THIS DATE

A couple of months ago it was being reported that TCS is working on a ’25X25 model’, wherein it will not ask more than 25 per cent of its associates to work from an office location at any given point in time.

Tata Consultancy Service

24 Aug 2022

Good news for TCS employees! 100% variable pay to be rolled out for June qtr

TCS will pay 100% variable pay to all its employees in one or 2 month as per normal process. TCS declined reports that claimed delaying in its variable pay for C3A, C3B, C4, and equivalent grades by a month. Earlier, Wipro and Infosys cut in variable pay of its employees due to decline in operation margin.

19 Aug 2022

IT companies like TCS, Wipro are offering up to 120% salary hike, here's WHY

Over the previous quarters, a lot of IT companies struggled with attrition rates. Many IT firms have announced initiatives to address the issue. Wipro announced employees will receive a pay raise.

Tata Consultancy Services

18 Jul 2022

THIS Indian company again becomes UK's no.1 software and IT services company

The report is compiled through a detailed analysis of UK revenues of over 200 publicly quoted and privately held companies, a TCS statement said. TCS has retained its position as the UK's largest SITS provider.

17 Jul 2022

6 of top-10 companies lose Rs 1.68 lakh cr in market-cap; TCS biggest laggard

The 30-share BSE benchmark Sensex fell 721.06 points or 1.32 per cent last week. TCS took the biggest hit as its market valuation tumbled Rs 99,270.07 crore to reach Rs 10,95,355.32 crore.

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