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The Latest Breaking News from TCS

Citizen data collected by the volunteers is safe and secured, Govt of Andhra Pradesh clarifies

Govt of AP clarifies data collected by GSWS safe, secure. Data collected for eligibility of citizens for various schemes. TCS appointed to develop, maintain software components. Data encrypted, stored at SDC with multiple layers of security. Biometrics used for Aadhar authentication to prevent duplication of benefits. Data shared with departments…

The Hindu

Microsoft just suffered a major blow to its software and IT services division

Microsoft makes way for AWS, Accenture, and TCS as UK businesses continue to invest in IT services.

TechRadar

Explained | The changes to the Liberalised Remittance Scheme

The finance ministry deferred the imposition of an increased 20% rate for Tax Collected at Source to October 1, and said transactions with international credit cards overseas will not be subject to the Liberalised Remittance Scheme.

The Hindu

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Why India risks falling way behind in the AI race

India's tech industry is being less than bold in embracing artificial intelligence. It's hoping to create solutions for corporate clients by building on top of somebody else's investment in foundational technologies, hardly a strategy for pathbreaking success.

Bangkok Post

Stock Futures Mixed After Biden-McCarthy Meeting; Lowe's Q1 Report; Tesla, Shell and Yelp -- 5 Things to Know

Stock futures mixed after Biden and McCarthy can't reach debt-limit accord; Lowe's shares ease after Q1 report; Tesla offers China-made cars for sale in Canada; Shell under pressure from climate activists; and an investor calls on Yelp to put itself on the block.

The Street

‘Nearshoring’ Push Is Fueling Tech Job Demand in Latin America

Post-pandemic interest in reducing reliance on Asia is benefiting IT workers from Chile to Guatemala.

Businessweek

Youth injured in zoo accident recovering after surgery

Goutham, who hails from Nalgonda district in Telangana, and four of his friends, all employees of TCS in Bengaluru on their first trip since they secured employment, had reached the city zoo in the morning Sunday last

The Hindu

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Best companies to work in India: TCS tops list, Amazon at 2nd place

MUMBAI: Tata Consultancy Services has emerged as the top company in a list, which showcases the best places to work and grow careers, for 2023.

The Times of India

The Cold Start ADV Clinic To Heat Up Baja California In May, 2023

Adventure riding clinic The Cold Start kicks off its second annual event with a six-day group ride along the picturesque coastline of Baja California, Mexico.

RideApart

Tata consultancy declines after CEO Rajesh Gopinathan resigns in surprise move

MUMBAI: Rajesh Gopinathan resigned his post as the chief executive officer of Tata Consultancy Services Ltd, a surprise move that followed a six-year tenure during which shares of Asia’s largest IT services firm almost tripled.

The Times of India

Sensex rebounds 377 points, Nifty closes above 17,850 as RBI slows down rate hike

MUMBAI: Benchmark sensex rebounded 377 points while Nifty closed above the 17,850 level on buying in IT, financial and oil stocks after the RBI slowed down the pace of interest rate hikes on Wednesday.

The Times of India

Boeing to slash about 2,000 white-collar jobs in finance and HR

At the end of last month, on the same day that Boeing touted plans to hire 10,000 people this year, senior leadership convened virtual meetings internally to break bad news to nonunion staff in human resources and finance.

Tribune News Service

TCS to hire over 1.25 lakh in FY24 after reporting quarterly decline in staff

MUMBAI: In a multi-year first, the country's largest software exporter TCS on Monday reported a marginal decline in its overall employees for the December 2022 quarter but announced that it will be hiring over 1.25 lakh staff in FY24.

The Times of India

Dividend, decline in employee-base: Key points from TCS Q3 results

NEW DELHI: The country's largest software exporter Tata Consultancy Services (TCS) reported an 11% rise in December quarter net profit to Rs 10,846 crore.

The Times of India

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AFP

Profits up but outlook 'cautious' at Indian software giant TCS

Mumbai (AFP) - India's largest software exporter Tata Consultancy Services on Monday reported higher earnings in the December quarter, but missed expectations and warned of a "cautious" business environment in the new year.

The Times of India

TCS Q3 net profit jumps 11% to Rs 10,846 crore

NEW DELHI: India's largest software services firm Tata Consultancy Services (TCS) on Monday reported 11% rise in its consolidated net profit for the third quarter (Q3) ended December 31, 2022.

The Times of India

TCS bags contract from Rail Delivery group to create the UK Govt's Rail Data Marketplace

NEW DELHI: IT major Tata Consultancy Services on Wednesday said that it has bagged a deal from Rail Delivery Group to design, develop, implement, and operate the UK's Rail Data Marketplace.

The Times of India

From TCS to Taj: Several Tata Group companies helping revive Air India

NEW DELHI: In cult classic Amar Akbar Anthony, a mother’s life was saved thanks to simultaneous blood transfusion from her three long-lost sons. While that kind of transfusion is perhaps medically impossible, the real life snatched-and-reunited story of Tatas getting back Air India is witnessing something similar with several group…

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The Times of India

'Moonlighting is 'cheating', cannot be encouraged: Karnataka IT Minister Ashwath Narayan

NEW DELHI: Throwing weight behind IT heavyweights such as Infosys and Wipro who are opposing the concept of moonlighting, C N Ashwath Narayan – Karnataka’s minister for IT, Electronics Skills Development -- has said that paid freelancing beyond office work hours is "literally cheating” and professionals wanting to do that…

The Times of India

TCS COO says action for moonlighting can ruin a career, company will show empathy

MUMBAI: Action against moonlighting can ruin a person's career and hence, it is important to show empathy while dealing with the issue, a top official from TCS has said.

The Times of India

Moonlighting a 'question of ethics', says Wipro CEO

NEW DELHI: Weeks after Wipro fired 300 of its employees for moonlighting, the company's CEO Thierry Delaporte on Wednesday said that while little side jobs were fine, working for a competitor is a "question of ethics".

The Times of India

TCS says confident of achieving double-digit revenue growth in FY23

MUMBAI: TCS is confident of achieving a double-digit revenue growth in the current fiscal and will be targeting a similar performance in FY24 as well, a senior executive said on Tuesday.

The Times of India

TCS launches solution to help central banks in roll-out and use of digital currencies

MUMBAI: As major central banks work towards roll-outs of digital currencies, India's largest software exporter TCS on Tuesday announced a solution which will aid in their roll-outs and usage.

The Times of India

TCS says moonlighting 'ethical issue'; no action taken against any staff

MUMBAI: The country's largest IT services exporter TCS on Monday said moonlighting is an "ethical issue" and against its core values but has not taken any action against any staff.

AFP

Record quarterly profit for Indian software giant TCS

Mumbai (AFP) - India's largest software exporter Tata Consultancy Services on Monday shrugged off global economic turmoil to report a record profit for any quarter, with figures that beat analyst estimates.

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