New Delhi: Amid the muted revenue growth in the Indian IT services sector due to global macroeconomic headwinds, leading IT companies saw a drop of nearly 70,000 employees in the last fiscal year (FY24). Infosys, Tata Consultancy Services (TCS), Wipro and Tech Mahindra, among others, lost maximum number of employees in FY24. While Infosys saw … Read more
Representational photo (Facebook) Tata Consultancy Services (TCS) has come up with a new policy that links the annual bonus to employees’ Work from Office (WFO) compliance. According to the latest policy, employees with less than 60 percent attendance won’t receive a bonus. Moreover, 100 percent of the amount, as per the organization’s decision for the … Read more
New Delhi: Tata Consultancy Services (TCS) on Friday revealed that its headcount dropped by 13,249 employees (year-on-year) during the financial year 2023-24 (FY24). This is the first time in 19 years that the leading IT software company witnessed a drop in headcount. The company ended FY24 with 601,546 employees, according to TCS’s stock exchange filing. … Read more
Last Updated: March 19, 2024, 09:45 IST TCS slipped 2 per cent to Rs 4,055 amid reports that Tata Sons was to divest a 0.65 per cent stake (23.4 million shares) via block deal at a floor price of Rs 4,001 per share today. Shares changed hands at an average price of Rs 4,043 per … Read more
Last Updated: February 09, 2024, 13:46 IST Yamaha Rolls Out Two New Color Options for FZ-X. Yamaha’s FZ-X gets a stylish upgrade with metallic black & chrome colors. Chrome variant offers free G-Shock watch to first 100 online bookings. Yamaha has introduced vibrant colors for the FZ-X, giving it a fresh appeal in the market. … Read more
Pedestrians walk past the Bombay Stock Exchange (BSE) building, in Mumbai | Photo Credit: PTI The combined market valuation of seven of the top-10 most-valued firms eroded by ₹1.16 lakh crore last week, with HDFC Bank emerging as the biggest laggard. In the holiday-shortened week, the BSE benchmark fell by 982.56 points or 1.37 per … Read more
