Tata Consultancy Services News
At 10.12 am TCS shares were trading 1.14 percent lower at Rs 3,099.90 apiece on BSE.
TCS recorded a 5.3 per cent increase in revenue from operations, reaching Rs 64,479 crore in the March quarter, up from Rs 61,237 crore a year ago.
In FY24, TCS employees saw an average salary hike of 7-9 per cent, compared to around 10.5 per cent in FY22.
TCS announces 1000 percent 2nd Interim Dividend, check record date and payout date.
The report suggested that authorities may have made an error while processing the filed tax returns.
TCS added 5,452 employees in Q1 taking the total workforce to 6.07 lakh.
Indian IT firm Tata Consultancy Services Ltd (TCS), announced an interim dividend of Rs 10 per share for the financial year 2024-25.
The valuation of Reliance Industries climbed Rs 32,611.36 crore to Rs 21,51,562.56 crore and that of ICICI Bank zoomed Rs 23,676.78 crore to Rs 8,67,878.66 crore.
The employee further mentioned that his suspension violates company policy which specifies that no action can be taken against whistleblowers.
Employees whose attendance is between 60-75 percent will be eligible to receive 50 percent of the variable pay.
Since 2018, Tata Consultancy Services (TCS) has been present in Londrina, Brazil. It employs approximately 1,700 individuals within the city.
TCS reported a 9 per cent increase in net profit at Rs 12,434 crore for the January-March quarter of FY24, up from Rs 11,392 crore in the same period of the previous year.
TCS dismissed the allegations as baseless, stating that it has never participated in illegal discrimination.
Market experts said the decline in TCS share price is mainly due to the Tata Sons stake sale.
The market capitalisation (mcap) of State Bank of India dipped Rs 2,008.04 crore to Rs 5,63,589.24 crore.
A report by Reports by YES Securities has given BUY recommendation to Infosys, while for TCS it has maintained ADD recommendation.
TCS has reported in a regulatory filing that the company has declared a third interim dividend of Rs 9 and a special dividend of Rs 18 per Equity Share of Rs 1 each of the Company.
TCS chief human resource officer Milind Lakkad in his email said that employees while working from office must follow this dress code policy.
From the top 10 pack, Reliance Industries, Hindustan Unilever and Infosys were the gainers.
The deal, over an initial tenure of 10 years, is also meant to deliver enhanced member experiences and expand the scheme's mission of delivering better retirement outcomes for people across the UK.
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