tata consultancy services news

TCS under probe for firing Americans, retaining H-1B workers in US: Report

The complainants claim they were disproportionately selected for layoffs, while Indian employees - particularly those on H-1B worker visas - were retained.

The ongoing probe follows more than two dozen complaints filed with the US equal employment opportunity agency.(Representational image)

world news

Updated on Apr 17, 2025 04:04 PM IST

TCS looks to hire 42,000 trainees this year: Report

The headcount of TCS was 607,979 at the end of 2024-25, which is a net increase of only about 6,433 employees from the previous year.

Some analysts felt that the demand cycle didn't warrant employee interventions out of cycle.(Bloomberg)

Published on Apr 14, 2025 12:09 PM IST

TCS Q4: Net profit drops 1.67% despite rise in revenue as expenses mount

However, the full year order book of TCS rose to $39.4 billion, while the Q4 order book stood at $12.2 billion.

A significant portion of these expenses came due to increased cost of equipment and software licenses, along with higher employee benefit expenses.(Bloomberg)

Published on Apr 10, 2025 05:29 PM IST

Not Amazon or Google, this is the best company to work in India, as per LinkedIn

On Tuesday, LinkedIn unveiled its Top 25 Companies list, identifying Tata Consultancy Services as the top workplace for career growth in India.

The list is entirely based on LinkedIn data.(REUTERS/Representative)

Updated on Apr 08, 2025 08:57 PM IST

This company got most H-1B visas approved in 2024. It's not Infosys or TCS

In 2024, according to USCIS data, Indian-origin tech companies secured a fifth of all H-1B visas issued by the US

Infosys received 8,140 H-1B visa approvals in 2024(REUTERS/Vivek Prakash/File Photo)

world news

Published on Mar 23, 2025 09:27 AM IST

ByYash Nitish Bajaj

Tata Communications appoints Ganapathy Subramaniam as board chairman | 5 facts

Here's a list of facts to know about N Ganapathy Subramaniam, who is an Indian IT industry veteran, having worked with TCS for over 40 years.

From left to right: TCS CHRO Milind Lakkad, TCS CEO K Krithivasan, N Ganapathy Subramaniam, and TCS CFO Samir Seksaria.(PTI)

Published on Mar 14, 2025 05:01 PM IST

Agra suicide: Sister says techie was told securing divorce won't be easy

The man's sister claimed that her brother died by suicide in fear of legal hurdles to secure a divorce

Agra: The techie blamed his wife for allegedly pushing him to take the extreme step.(HT File)

Published on Mar 01, 2025 04:53 PM IST

Stock market opens flat with real estate, metal, IT and telecom falling most

The stock market opened flat as the trading session began on Tuesday, February 25, 2025.

People walk past the Bombay Stock Exchange (BSE) building in Mumbai (Francis Mascarenhas/Reuters)

Published on Feb 25, 2025 09:50 AM IST

Eight of India's top 10 companies lose ₹1.65 lakh crore in market cap

Last week, the BSE benchmark declined 628.15 points, or 0.82 per cent, while the Nifty went lower 133.35 points, or 0.58 per cent.

The combined market valuation of eight of the top-10 most valued firms eroded <span class='webrupee'>₹</span>1,65,784.9 crore last week(Representational Image/Pixabay)

Published on Feb 23, 2025 10:21 AM IST

PTI |

TCS faces visa fraud allegations amid Trump-era scrutiny: Report

Former TCS employees filed lawsuits alleging the company exploited the L-1A visa system. Claims include falsifying job titles to secure visas.

TCS has denied these claims and maintains compliance with US laws,

Updated on Feb 18, 2025 10:03 AM IST

Tata Group chairman Chandrasekaran honored with UK Knighthood

Tata Group Chairman Natarajan Chandrasekaran has been awarded the British Empire honor for his contributions to UK-India business relations

According to a British Government official release, Tata Group Chairman Natarajan Chandrasekaran has been awarded 'The most excellent order of the British Empire (Civil Division)' in appreciation of his services and contributions to the commercial relationship between the United Kingdom and India.(PTI)

Published on Feb 14, 2025 12:39 PM IST

ANI |

TCS to hire 40,000 freshers from campuses this year, AI skills vital: Report

TCS is increasingly integrating the use of AI into various functions and that it is an important skill to have across all levels of the hierarchy

He added that despite the quarterly headcount fluctuations, TCS manages through a combination of “employees on the bench, ongoing productivity enhancements, and other operational adjustments.”(Representational Image/Mint)

Published on Jan 13, 2025 08:08 AM IST

ByHT News Desk | Edited by Abhyjith K. Ashokan

Sensex, Nifty open flat a day after diving, IT stocks in the green

The IT index was in the green, mostly because of Tata Consultancy Services which published its Q3 earnings, showing a net profit rise of 11.59% to ₹12,380 crore

People walk past the Bombay Stock Exchange (BSE) building in Mumbai, India, March 9, 2020(Francis Mascarenhas/Reuters)

Published on Jan 10, 2025 09:45 AM IST

TCS Q3 results: Net profit jumps by 11.59% to ₹12,380 crore

TCS said its employee base decreased over 5,000 to 6,07,354 at the end of the quarter.

According to the Q3 results, TCS' total income increased by 6.13 per cent to <span class='webrupee'>₹</span>65,216 crore in the quarter from <span class='webrupee'>₹</span>61,445 crore in the year-ago period(Bloomberg)

Updated on Jan 09, 2025 04:54 PM IST

TCS offers 3 free financial courses for all, here's all you need to know

For individuals who are confused about where to start with getting trained or learning financial concepts, TCS is offering 3 free financial courses.

Proper management of money is important to avoid financial troubles.
(Representational image/Pixabay)

education

Published on Jan 09, 2025 03:25 PM IST

ByHT Education Desk | Edited by Tisha Jacob, New Delhi

TCS Q3 results preview: What to expect? Top 5 things to track

TCS, India's largest information technology (IT) company is set to release its third quarter results for the financial year 2024-25 on Thursday, January 9, 2025

TCS' <span class='webrupee'>₹</span>15000-crore 4G deal with BSNL involves the setting up large data centres.(Bloomberg)

Published on Jan 09, 2025 01:09 PM IST

Indian tech companies take fifth of US H-1B visas: Infosys, TCS, Cognizant lead

24,766 out of the total 1.3 lakh H-1B visas were issued to Indian-origin companies in the April-September 2024 period

The US H-1B visa programme allows US companies to temporarily employ foreign workers in specialty occupations. (Representational Image/Pixabay)

Published on Jan 06, 2025 11:14 AM IST

Bharti Airtel, TCS, HDFC Bank stocks steal the show this week

In a fluctuating market, TCS, HDFC Bank, and others saw gains, while Reliance Industries and LIC experienced significant losses.

Tata Consultancy Services (TCS), HDFC Bank, Bharti Airtel, ICICI Bank, and Infosys all increased their values, while Reliance Industries, State Bank of India, Life Insurance Corporation of India (LIC), ITC, and Hindustan Unilever decreased theirs.(ANI)

Published on Dec 15, 2024 11:13 AM IST

PTI |

TCS offers 15-day free career preparedness course, here's all you need to know

Graduates should ensure their communication, collaboration, business etiquette, financial and digital literacy skills are in tune with the job market demands

Tata Consultancy Services (TCS) is providing students with a 15-day free digital certification course called the TCS iON Career Edge - Young Professional.(Pixabay)

education

Updated on Dec 06, 2024 08:05 PM IST

ByHT Education Desk, New Delhi

Wipro chairman Rishad Premji explains why work-life balance is important

Wipro chairman Rishad Premji's statement comes at a time when Narayana Murthy of Infosys promoted and reiterated his belief in the 70-hour work-week.

Wipro Chairman Rishad Premji also claimed Wipro trains its managers to be sensitive to people, to look for signs and have conversations openly regarding work-life balance.(Hemant Mishra/Mint)

Published on Nov 20, 2024 10:41 AM IST

‘Brand Tata is bigger than an individual’

Tata Consultancy Services tops Kantar's 2024 brand list, with Tata brands valued for trust and ethics, outlasting individual leadership, experts say

The group houses several strong brands such as Taj, Tata Salt and Tata Motors, among others. (Reuters)

cities

Updated on Oct 18, 2024 09:11 AM IST

ByShuchi Bansal

TCS begins campus hiring process for 2025-26, 11,000 hired in H1 2024-25: Report

TCS hired 11,000 employees in the first half of 2024-25 and witnessed a net headcount addition of 5,726 employees

During the first quarter of 2024-25, TCS added 5,452 associates, with a total headcount of 612,724 towards the end of the first half of the year.(Bloomberg)

Published on Oct 10, 2024 08:35 PM IST

ByHT News Desk | Edited by Abhyjith K. Ashokan

TCS employee income tax notices a 'discrepancy,' ITRs to be reprocessed: Report

TCS said that the employees who received the income tax notices will get a intimation of rectification soon and don't have to pay any demand amount

About 40,000 TCS employees received income tax notices, with tax demands ranging from <span class='webrupee'>₹</span>50,000 to 1 lakh, depending on the salary and seniority.(Bloomberg)

Published on Sep 14, 2024 12:59 PM IST

ByHT News Desk | Edited by Abhyjith K. Ashokan

TCS employees get tax notices, firm asks them to wait before paying: Report

TCS employees received tax notices for TDS discrepancies. The company advises them to await instructions, with amounts ranging from ₹50,000 to ₹1.5 lakh.

Tax notices have been sent to several TCS employees regarding TDS discrepancies. TCS has instructed them to hold off on payments, which range from <span class='webrupee'>₹</span>50,000 to <span class='webrupee'>₹</span>1.5 lakh, until rectification notices are issued.(Reuters)

Updated on Sep 13, 2024 10:47 AM IST

ByHT News Desk | Edited by Mallika Soni

BTech graduate, former MNC’ employee held from Delhi for cyber fraud

Jain, who reportedly has a history of gambling and betting on cricket and in casinos, is the fifth person to be arrested in connection with this scam, which also has ties to the notorious Mahadev Betting Scam of Chhattisgarh

The gang has also been found selling bank accounts and SIM cards for cyber frauds on Telegram app (Shutterstock)

cities

Updated on Aug 21, 2024 09:36 AM IST

ByHT Correspondent, Chandigarh

TCS offers CTC of 7.5 LPA to newly qualified CA's, sparks debate on pay package

Various CA's on LinkedIn questioned the salary offered by TCS, with some of them asking how it is justified to offer a low package to the recently qualified.

As per the job post, the job location is in Mumbai and TCS offered a total CTC of <span class='webrupee'>₹</span>7.5 LPA of which the fixed CTC stood at <span class='webrupee'>₹</span>3,86,652 and a variable CTC of <span class='webrupee'>₹</span>3,63,348.(Bloomberg)

education

Published on Aug 18, 2024 09:16 PM IST

ByTisha Jacob, New Delhi

Working in IT sector? Infosys, Wipro & TCS' average salary hikes in 2023-24

IT companies give single digit increments to employees who don't have niche skills due to large availability of entry-level talent and increasing business cost.

Employees of India's top three IT companies are seeing salary hikes fall to single-digit percentages of 5-9% in the financial year 2023-24 after a two-year period of double-digit growth (DSMax)

Published on Jul 19, 2024 10:42 AM IST

ByHT News Desk | Edited by Abhyjith K. Ashokan

TCS to hire 40,000 freshers this year: ‘India is the destination for talent’

TCS Chief HR Officer Milind Lakkad said, “India is the destination for talent, and that is not going to change in the near future.”

Updated on Jul 15, 2024 02:39 PM IST

TCS HR boss on linking variable pay to work from office: Not to punish employees

TCS linked its quarterly variable pay with attendance owing to which any employee with less than 60% attendance won’t be eligible for the quarterly bonus.

Milind Lakkad, EVP and Chief Human Resources Officer (CHRO) at Tata Consultancy Services (TCS) announces the Q1 financial results 2024-25 during a press conference, in Mumbai.(PTI)

Updated on Jul 15, 2024 01:37 PM IST