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Tag: Tcs

Big Job Offer For Freshers: TCS, Infosys, Wipro To Hire Over 1 Lakh Candidates This Year

Amid apprehensions of massive job loss in the IT companies, India’s top tech giants - TCS, Infosys and Wipro have planned to hire over 1 lakh fresh graduates this financial year (2021-2022), certainly bringing much relief for the students who are graduating this year

‘30 Lakh Job Cuts In TCS, Infosys, Wipro, Cognizant, HCL, Tech Mahindra, Other IT Companies’

It seems big IT companies are planning for drastic job cuts as soon as 2022. News agency PTI said quoting a report that domestic software firms may cut as many as 30 lakh or 3 million jobs by 2022. TCS, Infosys, Wipro, HCL, Tech Mahindra and Cognizant and others appear to be planning for a 3 million reduction in low-skilled roles by 2022, the report said.

Odisha: School Dropout Rate Highest In Nabarangpur, Zero In Khordha & Sambalpur
Odisha Govt Inks Pact With TCS To Streamline Online Teaching

Bhubaneswar: In order to impart online teaching in an effective way in the Adarsha and Utkarsha Vidyalayas across the state, Odisha Government on Friday signed a Memorandum of Understanding (MOU) with leading Information Technology firm Tata Consultancy Services (TCS). In view of the Covid-19 pandemic, online teaching with expertise from TCS will be implemented in […]

New TCS, TDS Rules Not For Insurance Agents, Power Trading
New TCS, TDS Rules Not For Insurance Agents, Power Trading

New Delhi: The government has exempted power trading transactions from the purview of tax deducted at source (TDS) and tax collected at source (TCS) to prevent practical difficulties in implementing the levy from affecting functioning of the exchanges. The Finance Act, 2020 inserted new section 194-0 in the Income Tax Act 1961 which mandated that […]

TCS Moves SC Against Cyrus Mistry's Reinstatement

Mumbai: Tata Consultancy Services (TCS) has filed an appeal in the Supreme Court against the NCLAT judgement directing reinstatement of Cyrus Pallonji Mistry as Director of the Company. “The company has on January 3 filed an appeal before the Supreme Court against the judgement of NCLAT dated December 18, directing reinstatement of Cyrus Pallonji Mistry […]

Sensex Tanks 304 Pts On Last Day Of 2019; Nifty Drops Below 12,200

Mumbai: Market benchmark Sensex slumped 304 points on the last trading session of 2019, dragged by losses in index-heavyweights Reliance Industries, HDFC twins, ICICI Bank and TCS. After swinging over 423 points intra-day, the 30-share BSE Sensex ended down by 304.26 points, or 0.73 per cent, at 41,253.74. The broader NSE Nifty closed 87.40 points, […]

Sensex Hits Record High Of 40,345; Infosys, SBI Rally 4 Pc

Mumbai: Market benchmark BSE Sensex surged over 293 points to hit its record intra-day high of 40,344.99 on Thursday led by rally in index heavyweights Infosys, SBI, HDFC Bank and TCS. After opening on a strong note, the 30-share index was trading 263.69 points, or 0.66 per cent, higher at 40,315.56 in morning session. The […]

Sensex Rises Over 100 Pts; Tata Motors Rallies 13 Pc

Mumbai: Equity benchmark BSE Sensex jumped over 100 points in early trade on Tuesday led by gains in Tata Motors, RIL and TCS, amid foreign fund inflow. After hitting a high of 39,393.12, the 30-share index was trading 106.37 points, or 0.27 per cent, higher at 39,356.57 in morning trade, and the broader NSE Nifty […]

Sensex soars over 400 pts; TCS falls 3 pc

Mumbai: Equity benchmark BSE Sensex rallied over 400 points on Friday following positive cues from global markets on hopes of a trade deal between the US and China. The 30-share index was trading 414.38 points, or 1.09 per cent, higher at 38,294.78 at 0940 hours. Similarly, the broader NSE Nifty jumped 116.15 points, or 1.03 […]

Sensex opens over 200 pt higher; Nifty tops 11,600

Mumbai: Equity benchmark BSE Sensex jumped over 200 points in early session on Tuesday, driven by gains in index heavyweights RIL, Infosys, TCS and Maruti, amid positive domestic and global cues. Strong foreign fund inflow too buoyed market mood here, traders said. After hitting a high of 39,306.37 points, the 30-share index pared some gains […]

Sensex Drops Over 200 Pts; ICICI Bank, TCS Top Laggards

Mumbai: Domestic equity benchmark BSE Sensex dropped over 200 points in early session on Thursday, dragged by losses in index heavyweights Yes Bank, TCS and Infosys, amid unabated foreign fund outflow and mixed global cues. The 30-share index was trading 206.33 points, or 0.56 per cent, lower at 36,357.55 at 0930 hours, while the broader […]

Sensex Tanks 383 Pts On F&O Expiry; Nifty Ends Below 11,000

Mumbai: Benchmark indices nursed losses for the second straight session on Thursday, dragged by heavy selling in banking and financial stocks, as August series derivatives expired amid tepid global cues. After a highly volatile session, the 30-share BSE Sensex ended 382.91 points, or 1.02 per cent, lower at 37,068.93. Similarly, the broader NSE Nifty shed […]

Sensex rebounds over 200 pts; Nifty above 10,900

Mumbai: Domestic equity benchmark BSE Sensex rebounded over 200 points and the NSE Nifty reclaimed the 10,900 level in early trade on Tuesday led by gains in banking and auto stocks. The 30-share index was trading 214.96 points, or 0.59 per cent, higher at 36,914.80 at 0930 hours. Similarly, the broader NSE Nifty was quoting 68.65 […]

TCS Q1 net profit up 10.8% at Rs 8,131 crore

Mumbai: The country’s largest software services firm Tata Consultancy Services (TCS) Tuesday reported 10.8 per cent growth in consolidated net profit to Rs 8,131 crore for the quarter ended June 30. It had posted a net profit of Rs 7,340 crore in the year-ago period, the company said in a BSE filing. Revenue of the […]

Sensex jumps 169 pts; IT stocks rally

Mumbai: The BSE benchmark Sensex Monday rose 169 points, led by gains in IT stocks amid positive global cues. The NSE barometer Nifty gained 52 points to reclaim the 11,900 level. Top gainers in the Sensex pack were TCS, Bharti Airtel, Infosys, Axis Bank, L&T, ITC, PowerGrid, HCL Tech and Tata Steel, ending up to […]

TCS listed among top 50 US companies for diversity

New York: Tata Consultancy Services (TCS), a part of the Tata group which generated consolidated revenues of $20.9 billion in the fiscal year ended March 31, 2019, has been recognized in DiversityInc’s “2019 Top 50 Companies for Diversity” in the US. TCS was selected as one of DiversityInc’s Top 50 Companies — out of more […]

Sensex rises over 100 pts ahead of TCS, Infy earnings

Mumbai: Domestic equity benchmark BSE Sensex rose over 100 points Friday ahead of the release of key macroeconomic data and quarterly results of IT bellwethers TCS and Infosys. The 30-share index was trading 106.69 points or 0.28 per cent higher at 38,713.70. The gauge had ended 21.66 points, or 0.06 per cent, higher at 38,607.01 […]

TCS becomes first Indian firm to close trading session with over Rs 6.6 lakh crore market valuation

  New Delhi: IT bellwether Tata Consultancy Services (TCS) today became the first Indian company to close the trading session with over USD 100 billion market valuation. It had became the first Indian IT company on Monday to cross the USD 100 billion mark in market capitalisation (m-cap) in intra-day trade, but had closed the […]

TCS ranked among top three employers in United States

Mumbai: Global software major Tata Consultancy Services (TCS) on Monday said it has been ranked among the top three employers in the US by the Netherlands-based Top Employers Institute. “The Institute has also recognised TCS as one of the world’s best places to work for the fourth consecutive year,” said the city-based tech firm in […]

TCS launches new digital subscription platform on Microsoft Azure

New Delhi: Tata Consultancy Services on Tuesday announced the launch of “HOBS” (Hosted OSS/BSS) — a new platform for digital enterprises on Microsoft Azure. The Cloud ready TCS HOBS platform will enable customers get to market quicker and benefit from a pay-as-you-use commercial model, the company said in a statement. “By launching TCS HOBS on […]

TCS Recruitment: 30000 vacancies to get filled up soon!

Bhubaneswar/Mumbai: In what could provide relief to the unemployed students across the country, Tata Consultancy Services (TCS), a leading IT services, consulting and business solutions organization, launched its new campus – the TCS Olympus Centre in Thane, Mumbai which will seat 30,000 employees. The Olympus Centre, inaugurated by chief minister Devendra Fadnavis, is the latest […]

TCS net up 8.4% quarterly in Q2

Mumbai: Tata Consulting Services (TCS) on Thursday reported Rs 6,446 crore net profit for the second quarter of 2017-18, registering 8.4 growth from Rs 5,945 crore last quarter and a 2.1 per cent decline from Rs 6,586 crore in the same period last year. In a regulatory filing on the BSE, the IT firm said […]

TCS to appeal against US court order on damages

Mumbai: Tata Consultancy Services (TCS) on Sunday said it would appeal against a US court order in a lawsuit filed by an American firm for damages on the alleged misuse of its trade documents. “The company plans to defend its position before the trial judge, as it did not misuse or derive any benefit from […]

TCS partners with Nexperia to build digital core

New Delhi: Tata Consultancy Services (TCS) on Thursday announced partnership with semiconductor company Nexperia to transform its applications and infrastructure services. Through this partnership, Nexperia aims to enhance TCS’ digital core through its end-to-end enterprise application stack hosted on the TCS Cloud. “TCS’ expertise in the Semiconductor industry coupled with its deep contextual knowledge of […]

Indian techies forming union to protect jobs amid layoffs

Bengaluru: Hundreds of Indian techies working as software engineers or providing back office services to global firms are setting up a pan-India trade union to protect their jobs amid layoffs by many IT firms, including Infosys, Wipro, Tech Mahindra and Cognizant, said a functionary of a employees forum on Tuesday. “We have already filed an application […]