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The Latest Breaking News from TCS

Sensex rebounds 377 points, Nifty closes above 17,850 as RBI slows down rate hike

MUMBAI: Benchmark sensex rebounded 377 points while Nifty closed above the 17,850 level on buying in IT, financial and oil stocks after the RBI slowed down the pace of interest rate hikes on Wednesday.

The Times of India

Boeing to slash about 2,000 white-collar jobs in finance and HR

At the end of last month, on the same day that Boeing touted plans to hire 10,000 people this year, senior leadership convened virtual meetings internally to break bad news to nonunion staff in human resources and finance.

Tribune News Service

TCS to hire over 1.25 lakh in FY24 after reporting quarterly decline in staff

MUMBAI: In a multi-year first, the country's largest software exporter TCS on Monday reported a marginal decline in its overall employees for the December 2022 quarter but announced that it will be hiring over 1.25 lakh staff in FY24.

The Times of India

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Dividend, decline in employee-base: Key points from TCS Q3 results

NEW DELHI: The country's largest software exporter Tata Consultancy Services (TCS) reported an 11% rise in December quarter net profit to Rs 10,846 crore.

The Times of India

TCS Q3 net profit jumps 11% to Rs 10,846 crore

NEW DELHI: India's largest software services firm Tata Consultancy Services (TCS) on Monday reported 11% rise in its consolidated net profit for the third quarter (Q3) ended December 31, 2022.

The Times of India

TCS bags contract from Rail Delivery group to create the UK Govt's Rail Data Marketplace

NEW DELHI: IT major Tata Consultancy Services on Wednesday said that it has bagged a deal from Rail Delivery Group to design, develop, implement, and operate the UK's Rail Data Marketplace.

The Times of India

From TCS to Taj: Several Tata Group companies helping revive Air India

NEW DELHI: In cult classic Amar Akbar Anthony, a mother’s life was saved thanks to simultaneous blood transfusion from her three long-lost sons. While that kind of transfusion is perhaps medically impossible, the real life snatched-and-reunited story of Tatas getting back Air India is witnessing something similar with several group…

The Times of India

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'Moonlighting is 'cheating', cannot be encouraged: Karnataka IT Minister Ashwath Narayan

NEW DELHI: Throwing weight behind IT heavyweights such as Infosys and Wipro who are opposing the concept of moonlighting, C N Ashwath Narayan – Karnataka’s minister for IT, Electronics Skills Development -- has said that paid freelancing beyond office work hours is "literally cheating” and professionals wanting to do that…

The Times of India

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

MUMBAI: Action against moonlighting can ruin a person's career and hence, it is important to show empathy while dealing with the issue, a top official from TCS has said.

The Times of India

Moonlighting a 'question of ethics', says Wipro CEO

NEW DELHI: Weeks after Wipro fired 300 of its employees for moonlighting, the company's CEO Thierry Delaporte on Wednesday said that while little side jobs were fine, working for a competitor is a "question of ethics".

The Times of India

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

MUMBAI: TCS is confident of achieving a double-digit revenue growth in the current fiscal and will be targeting a similar performance in FY24 as well, a senior executive said on Tuesday.

The Times of India

TCS launches solution to help central banks in roll-out and use of digital currencies

MUMBAI: As major central banks work towards roll-outs of digital currencies, India's largest software exporter TCS on Tuesday announced a solution which will aid in their roll-outs and usage.

The Times of India

TCS says moonlighting 'ethical issue'; no action taken against any staff

MUMBAI: The country's largest IT services exporter TCS on Monday said moonlighting is an "ethical issue" and against its core values but has not taken any action against any staff.

The Times of India

UK's largest and most advanced robotics centre opens in Edinburgh

THE UK’s largest and most advanced robotics centre has opened in Edinburgh.

The National (Scotland)

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Coach

The London Marathon Tracker App Is Available To Download Now—Here’s How To Use It To Follow A Runner

The official London Marathon 2024 app is now available. Here’s how to use it to track friends and family who are running

The Times of India

Mcap of six of top-10 most valued firms tumble Rs 2 lakh crore; TCS, Infosys biggest laggards

NEW DELHI: Six of the top-10 most valued firms suffered a combined erosion of Rs 2,00,280.75 crore from market valuation last week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the biggest hit, amid weak trend in equities.

Al Jazeera

Former Tata Sons Chairman Cyrus Mistry dies in car crash

Mistry, 54, who died on Sunday, was sacked from Tata Sons, the holding company of the $300bn conglomerate, in 2016.

The Hindu

Future belongs to mechanical, electrical engg. wings, says TCS V-P

‘TCS is launching many projects keeping the two branches of engineering in mind’

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The Times of India

'There will be blood on streets': Why Big Tech companies are laying off staff

NEW DELHI: After years of rapid expansion, a trend of freeze in hiring and layoffs has been observed among startups and major tech companies. So far, around 150 US-based companies have laid off over 37,000 people in 2022. Most layoffs were reported in June with 75 US-based tech companies laying…

The Times of India

Kolkata: A kit that can send out Covid detection signal

KOLKATA: A team of city-based researchers has come up with a system that could be used as an early-warning device to determine the likelihood of a person contracting a communicable disease.

Liverpool Echo

Patients with headaches told to use 'chatbot' before appointments

Some outpatients at The Walton Centre have been told they will need to chat to a chatbot before seeing a specialist

Motorsport

How TCS boosts motorsport with IT into Super Formula’s next era

In the final installment of the Tata Consultancy Services (TCS) series introducing the companies behind motorsport, we look at the partnership between TCS, a Tata Group company and a core part of India's giant conglomerate, and Nakajima Racing – its current activities and where it is going from here.

The Times of India

HCL Technologies revenue rises by 15.6% in June quarter

BENGALURU: HCL Technologies’ revenue grew 2.7% sequentially in the June quarter, and 15.6% year-on-year in constant currency. In dollar terms, revenue was up 11.2% year-on-year to $3 billion. Its larger Indian peer TCS, which announced its results last week, grew its constant currency revenue 3.5% sequentially, and 15.5% year-on-year.

The Times of India

TCS reports 5.21% rise in Q1 net profit

NEW DELHI: India's largest software services firm Tata Consultancy Services (TCS) on Friday reported 5.21 per cent rise in its consolidated net profit for the first quarter (Q1) ended June 30.

Benzinga

Citigroup Negotiating With Local Bidders For Its Russian Operations: FT

Citigroup Inc (NYSE:C) is in talks with local buyers in Russia over a potential sale of its operations in the country, the Financial Times reported, citing people familiar with the matter. The bank is in negotiations with privately-owned Russian companies, including Expobank and insurance company Reso-Garantia for the divestiture, the report said.…

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