Page 24 - Tata Consultancy Services

TCS changes its hike structure, does away with anniversary hikes

The changes come at a time when the industry is seeing demand constraints from its majority market and budgets are under pressure and deals are taking time to close

Employees will get 100% variable pay for June quarter, no delay: TCS

So far, more than 90 per cent of TCS employees have received the variable payout, according to the largest software exporter in India.

India at 75: Munjals to Mahindras - 20 visionary industrialists of India

In the decades since Independence, the enterprises steered by these business leaders have morphed into giants. Here's a look at 20 visionary industrialists of India

Eight of top-10 firms add Rs 98,235 cr in m-cap; Infosys, TCS lead gainers

Eight of the 10 most valued firms together added Rs 98,234.82 crore in market valuation last week, with IT majors Infosys and TCS emerging as the biggest gainers amid a positive momentum in equities

Mcap of eight of top 10 firms jumps over Rs 1.91 trn; Bajaj Finance shines

Eight of the top 10 valued firms added Rs 1,91,622.95 crore to their market valuation last week, with Bajaj Finance and Tata Consultancy Services emerging as lead gainers

TCS to digitise HR operations for Marks & Spencer in multi-year deal

TCS, as a strategic partner for more than a decade, migrated 27 million records of M&S employees working across 1,450 locations in the UK

Q1 early-bird results show inflation effect on India Inc's profits

First sequential contraction in corporate earnings after 4 quarters of expansion

Mcap of nine of top-10 firms jumps over Rs 2.98 trn; RIL, TCS lead winners

Nine of the 10 most valued firms added Rs 2.98 trn to their market valuation last week amid a bullish trend in equities, with Reliance Industries and TCS emerging as lead gainers

'A true gentleman': TCS condoles demise of former CFO V Ramakrishnan

V Ramakrishnan was the CFO of TCS since 2017 and retired from the position in April 2021

TCS is UK's no.1 software and IT services company once again: Report

Tata Consultancy Services (TCS) said on Monday it has been ranked number one by revenue among the top 30 suppliers of software and IT services (SITS) to the UK market by industry analyst firm

Six of top-10 firms lose Rs 1.68 trillion in m-cap; TCS biggest laggard

Six of the 10 most valued firms suffered a combined erosion of Rs 1,68,260 crore from their market valuation last week, mainly dragged down by TCS amid an overall weak trend in the equity market

KKR India advisor, TCS CEO among 29 members inducted in Board of Trade

The Board, chaired by commerce and industry minister Piyush Goyal, advises the government on policy measures to improve the country's foreign trade

HCL Tech margin under pressure over talent crunch as Q1 attrition hits 24%

Top management, while reporting results for HCL Tech Q1FY23 on Tuesday, said attrition rate was "expected to remain high in coming months"

TCS shares fall nearly 5% after Q1 earnings; m-cap declines by Rs 55,471 cr

Shares of Tata Consultancy Services (TCS) on Monday fell nearly 5 per cent, wiping out Rs 55,471.22 crore from its market valuation, after the company's June earnings failed to meet expectations.

With Europe slowing, TCS says North America to drive its growth in FY23

The IT major indicated that clients in Europe are more cautious on tech spends given the possibility of deeper recession and ongoing conflict in Eastern Europe, leading to delays in decision making

No signs of slowdown in attrition at TCS; firm says it has enough hands

TCS which had shared in Q4 of FY22 the hiring target of 40,000 for FY23, said the target remains

Tata Tech plans IPO by fiscal-end, the first by Tata group in 18 years

The company is in talks with several banks, including Citibank, to manage the share sale; The last share sale by a Tata firm was in 2004, when TCS floated an IPO

TCS beats street estimates with 16.2% Q1 revenue growth; margins disappoint

The consolidated revenue of the IT major grew to Rs crore in the quarter under review from Rs 45,411 crore a year ago

Top headlines: TCS beats street estimates, ED fines Amnesty India, and more

TCS' net profit grew 5.2 per cent year on year, and 2.5 per cent sequentially to Rs 9,478 crore in Q1FY23, but missed estimate of Rs 9,850 crore

TCS Q1FY23 results today: How the IT giant performed in last four quarters

TCS's demand commentary could be strong even as margin may be hit due to wage hikes, according to Motilal Oswal