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TCS will lay off around 12,261 employees, mostly mid and senior staff, as part of a restructuring plan. The company cites workforce realignment and slower tech demand amid global uncertainty.
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TCS typically revises the wages of its staff in April every year. The employee count at the end of fiscal 2025 stood at 6,07,979, as the company added 625 employees in the fourth quarter
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As per the list, Tata Consultancy Services retained the top spot, followed by Accenture (#2) and Infosys (#3)
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TCS saw its market valuation decline by Rs 53,185.89 crore as its total value went down to Rs 13.7 lakh crore. Bharti Airtel also witnessed a significant drop, with its market capitalisation falling by Rs 44,407.77 crore to Rs 9.3 lakh crore
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Highlights that 60% of consumers say charging infrastructure was a major challenge, 56% were ready to pay up to $40K for an EV
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In her post, she thanked her father for encouraging her to grow up with sports and for teaching her to never give up in life.
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The workshop being organised in collaboration with the ICSSR was aimed at fostering academic excellence and research competencies among scholars and academicians from across the country.
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Traders noted that market participants are keenly awaiting the Q2 earnings season, starting with Tata Consultancy Services, which is scheduled to release its results later today. In early trade, the 30-share BSE Sensex rose by 309.85 points or 0.38% to 81,776.95, while the NSE Nifty gained 90.70 points or 0.36% to reach 25,072.65.
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From 30 Sensex firms, Infosys, Tech Mahindra, HCL Technologies, Sun Pharma, Tata Consultancy Services and Tata Steel were biggest gainers
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The call to return to work for a minimum number of days comes after Infosys co-founder Narayana Murthy's proposed formula of Indian youth working for 70-hours-a-week stirred a controversy.
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Among other frontline stocks, Tech Mahindra rallied 4.51 per cent, Infosys climbed 4.40 per cent, HCL Technologies gained 3.80 per cent and Wipro advanced 2.69 per cent
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Though belated, India has done well to finally launch the Rs 6,000 crore National Quantum Mission
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Hyderabad: Shortly after the Netherlands passed a law to establish Work from home (WFH) as a legal right, the centre on Tuesday has announced a fresh set of rules in companies across the country. According to the new rules, WFH is allowed for a maximum period of one year in a special economic zone (SEZ) […]
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New Delhi: Elon Musk may not wish to launch Tesla in India owing to high customs duty but he is fond of replying regularly to Pranay Pathole, a Pune-based Indian working as a software developer for Tata Consultancy Services (TCS), on Twitter. On Monday, Musk said that he is not running Pathole’s Twitter account. Pathole, […]
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Hyderabad: University of Hyderabad (UoH) has entered into a partnership with Tata Consultancy Services (TCS) in research and innovation on next-generation communications technologies, semiconductor engineering, and heterogeneous computing architectures. The MoU was signed by V Rajanna, Senior Vice President & Global Head of Technology Business Unit, TCS, and P Sardar Singh, Registrar, UoH, and exchanged […]
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Mumbai: Share price of Tata Consultancy Services (TCS), India’s largest IT firm, surged over three per cent on Monday after the company announced that its board will consider buyback of shares at a meeting scheduled to be held on January 12. TCS started the trading on Monday at Rs 3974, which is 3.09 per cent […]
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Hyderabad: Tata Consultancy Services (TCS) has entered into a strategic transformation engagement with Zebra Technologies Corporation, to drive the latter’s IT agile transformation and provide DevSecOps services to continue its focus on innovation. Zebra provides a portfolio of purpose-built hardware, software, services, and solutions that digitise and automate workflows for the retail, manufacturing, transportation and […]
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Hyderabad: IT services company Tata Consultancy Services (TCS) is looking to hire fresh management graduates under its MBA Hiring programme. The hiring is open for graduates who can join the company in the next financial year 2022-23. The hiring registrations are open for MBA graduates for the years 2020, 2021 and 2022 and the last […]
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TCS, CII Foundation distribute 17,000 N95 masks to govt school children of Mahabubabad and Hanamkonda districts
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Hyderabad: Tata Consultancy Services is keen on never going back to ‘work from office’ model even as 96 per cent of its staff is working remotely. Speaking to a financial news website, TCS COO N Ganapathy Subramaniam said in the 40 years of his association with TCS, he and his team had hardly worked remotely. […]