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TCS News

09 Nov 2024

TCS Cuts Variable Pay For Senior Employees; Know How IT Giant Pays Variable

TCS Variable Pay Q2 2024: In April 2024, TCS updated its attendance policy, requiring employees to achieve at least 85 per cent office attendance to qualify for their full variable pay.

Tata Consultancy Services

11 Oct 2024

TCS Announces 1000% Interim Dividend: Check Record Date, Other Details

TCS announces 1000 percent 2nd Interim Dividend, check record date and payout date.

09 Oct 2024

Meet PAK Man Who Built $100 Billion IT Firm As Ratan Tata's Company First CEO

Success Story Of Faqir Chand Kohli: Ratan Tata's TCS, India’s largest IT firm, is known worldwide, but did you know who founded it and served as its first CEO? Faqir Chand Kohli, a visionary leader, played a key role in shaping India’s IT future, though his story remains unknown to many. Kohli's forward-thinking approach not only put India on the global software services map, but also helped build the $100 billion IT industry. He was instrumental in bringing IBM to India in 1991 through the Tata-IBM partnership. As TCS's first CEO and co-founder, Kohli laid the foundation for what is now a global IT giant, valued at Rs 13.78 lakh crore. Notably, former chairman of Cognizant India Ramkumar Ramamoorthy has worked closely with Faqir Chand Kohli during his time at TCS.

Tata Consultancy Services

13 Sep 2024

TCS Employees Receive Tax Notices, Advised To Hold Off On Payments: Report

The report suggested that authorities may have made an error while processing the filed tax returns.

25 Aug 2024

Top 9 Valued Firms Add ₹95,522 Cr in Market Cap; Reliance, TCS Lead

The Mcap of Bharti Airtel rallied by Rs 12,268.39 crore to Rs 8,57,392.26 crore and that of ICICI Bank by Rs 11,524.92 crore to Rs 8,47,640.11 crore.

08 Aug 2024

CBDT Eases TDS Rule In Cases Of Death Of Deductees

In view of the genuine difficulties being faced by the taxpayers, the CBDT issued the Circular dated 05.08.2024, and vide the same, the government has relaxed the provisions of TDS/TCS as per the Income-tax Act, 1961, in the event of death of deductee/collectee before linking of PAN and Aadhaar, it added.

24 Jul 2024

Budget 2024: Finance Minister Announces TDS Framework Changes

Section 192 of the Act deals with tax deduction at source (TDS) on salary earnings.

21 Jul 2024

Mcap of Top 8 Firms Rises by Rs 2.10 Lakh Cr; TCS And LIC AT Forefront

The market capitalisation (mcap) of Life Insurance Corporation of India (LIC) surged Rs 36,748.23 crore to Rs 7,01,695.24 crore.

11 Jul 2024

TCS Posts 9% Jump In Q1, Net Profit At Rs 12,040 Crore

TCS added 5,452 employees in Q1 taking the total workforce to 6.07 lakh.

Tata Consultancy Services

11 Jul 2024

TCS Announces Interim Dividend Of Rs 10: Check Record Date And Other Details

Indian IT firm Tata Consultancy Services Ltd (TCS), announced an interim dividend of Rs 10 per share for the financial year 2024-25.

18 May 2024

Sensex, Nifty Extend Winning Streak In Special Trading Sessions

The national bourses on Saturday conducted a special trading session for an easy switch over to a disaster recovery site.

Tata Consultancy Services

09 May 2024

TCS Employee Suspended After Reporting Security Issue

The employee further mentioned that his suspension violates company policy which specifies that no action can be taken against whistleblowers.

22 Apr 2024

TCS Introduces 60% Office Attendance For Variable Pay Eligibility

Employees whose attendance is between 60-75 percent will be eligible to receive 50 percent of the variable pay.

15 Apr 2024

TCS Announces New Delivery Center In Brazil

Since 2018, Tata Consultancy Services (TCS) has been present in Londrina, Brazil. It employs approximately 1,700 individuals within the city.

TCS salary hike

14 Apr 2024

Good News For TCS Employees! Company Announces Annual Salary Hikes

The annual increment will be based on performance. The high-performers are slated to receive double-digit increases.

Tata Consultancy Services

12 Apr 2024

TCS Sees Net Headcount Drop For First Time In 2 Decades

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.

31 Mar 2024

TCS Trains 3.5 lakh Employees In Generative AI Skills

It became the inaugural tech company to establish a specialized business division solely focused on AI and cloud services in 2023.

30 Mar 2024

US Tech Workers Accuse Company of Replacing Them

TCS dismissed the allegations as baseless, stating that it has never participated in illegal discrimination.

24 Mar 2024

Five Of Top 10 Firms Take Rs 1.97 Lakh Cr Hit In Market Valuation

The market capitalisation (mcap) of HDFC Bank dipped Rs 6,996.87 crore to Rs 10,96,154.91 crore.

19 Mar 2024

TCS Shares Tank Over 3% After Tata Sons Divests 0.65% Stake

Market experts said the decline in TCS share price is mainly due to the Tata Sons stake sale.

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