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June 08, 2023 07:42 AM IST A round-up of top newspaper stories to keep you ahead of others
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June 08, 2023 07:58 AM IST The annual report did not reveal the exact attrition number on the basis of gender.
- June 07, 2023 11:31 AM IST
The rivalry between Tata Consultancy Services (TCS) and Infosys, India's two IT majors, has always been intense. In this analysis, we delve into their financial performance to understand how these companies stack up and what do their numbers tells us. After a forgettable performance in the fourth quarter, technology behemoths are bracing for more uncertainty in the near term, thanks to the banking turmoil and fears of a recession in the US. Management commentary from both TCS and Infosys painted a grim picture. Growth, margins and discretionary tech spends are some of the areas of concern — watch to know more!
- June 07, 2023 12:26 PM IST
Former TCS CEO Rajesh Gopinthan drew Rs 29.16 crore in remuneration in FY23, an over 13.17 percent YoY increase from Rs 25.75 crore that he earned the previous year.
- June 07, 2023 10:50 AM IST
In a letter addressed to the company's shareholders, the Tata Consultancy Services Chairman spoke at length about the company's push for AI and its resilience through a tough time for the Information Technology industry.
- June 07, 2023 08:12 AM IST
The new CEO K Krithivasan will earn a basic salary of Rs 10 lakh each month, but the biggest part of his salary will be the commission that is payable to him based on company performance.
- June 07, 2023 12:34 PM IST
In a letter to shareholders, Chandrasekaran said the energy, supply chain and AI transitions require significant investments in technology and innovation and offer huge growth opportunities.
- June 06, 2023 04:37 PM IST
About 1934 shares advanced, 1501 shares declined, and 121 shares remained unchanged on June 6
- June 05, 2023 07:01 PM IST
TCS will be also set up a service hub as a part of its partnership with the Department for Education under this deal for the second largest pension scheme in the UK.
- June 05, 2023 06:40 PM IST
The government is using Data Analytics, Big Data, Artificial Intelligence and Machine Learning to make the tax system more effective.
- June 06, 2023 07:00 AM IST
The buyback has been approved for a minimum price of Rs 445 a share, which is roughly 10 percent higher than its current market price of Rs 405.
- June 05, 2023 10:42 AM IST
The 20% Tax Collected at Source (TCS) rule for overseas tour packages seems to have a loophole. Booking such a package with an Indian tour operator attracts TCS right away. With a foreign tour operator, you can escape TCS until international payments on your credit card cross Rs 7 lakh a year.
- June 04, 2023 12:44 PM IST
Most retail investors when buying stocks focus more on capital appreciation than the potential of sustained dividend. That is why they should pay special attention to brokerage CLSA’s latest edition of Bits and Pieces
- June 02, 2023 12:34 PM IST
The new changes could impact high networth individuals making investments overseas and those making payments for the purchase of overseas tour packages.
- June 02, 2023 09:42 AM IST
HCLTech reported the sharpest fall of 11% in 5-year CAGR. However, at $55,704 aggregate revenue per employee, it’s still the highest among the top five
- June 01, 2023 10:00 AM IST
As he settles into his new role at the corner office, the new TCS chief executive will have to focus on ensuring growth in key markets such as the US and Europe, and striking the right balance between growth-focused large deal wins and small/ mid-sized deals, say analysts.
- June 01, 2023 06:03 PM IST
India's tier-1 IT firms have a high correlation to S&P500 revenue growth, which is expected to decelerate over the next two quarters
- May 30, 2023 01:09 PM IST
Rajesh Gopinathan will stay on till September to smooth over the transition for his successor, K Krithivasan, who takes over the mantle of CEO on June 1.
- May 28, 2023 11:11 AM IST
While Reliance Industries, Tata Consultancy Services (TCS), Hindustan Unilever, ITC, Infosys, State Bank of India and Bharti Airtel made gains in their market valuation, HDFC Bank, ICICI Bank and HDFC faced erosion.
- May 26, 2023 08:48 AM IST
Apart from paying Tax Collected at Source (TCS) on foreign remittances and on purchases of overseas tour packages, you also have to pay TCS if you buy a car that costs over Rs 10 lakh.
- May 25, 2023 06:16 AM IST
A daily round-up of the most interesting articles to help jump-start the day.
- May 25, 2023 07:04 AM IST
While most analysts still have a ‘buy’ call on both the IT majors, TCS comprehensively beats Infosys on most parameters, even as it commands a higher price multiple.
- May 23, 2023 11:05 AM IST
The programme will leverage TCS’ Co-Innovation Network in Israel to identify local technology offerings and scale them to global mobility solutions and services
- May 23, 2023 06:11 AM IST
A daily round-up of the most interesting articles to help jump-start the day.
- May 22, 2023 03:27 PM IST
TCS has over 50,000 associates trained in AI, with plans to earn 40,000 skill badges on Google Cloud Generative AI within the year, to support the anticipated demand for its new offering.
