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K Krithivasan will succeed Rajesh Gopinathan, who resigned last month from the Tata Group company, as the new CEO of TCS.

TCS employees might also get 100 per cent variable payout for the recent quarter

TCS shares closed 1.53 per cent lower in Mumbai trading on Thursday post the earnings announcement, while shares of Infosys settled 3.14 per cent down ahead of the Q4 numbers

ITR filing: Its easy to find loss harvesting stocks from IT segment as Nifty IT index has shed 17.5% in last one year and it is still looking weak on chart pattern, say experts

The net headcount addition in FY23 has seen a steep decline of 78 percent from FY22. The company had previously also attributed the decreased hiring in FY23 to increased hiring in the preceding fiscal.

Software major Tata Consultancy Services Ltd (TCS) said it had closed FY23 with a revenue of Rs 225,458 crore and...

Bengaluru/Chennai, April 12: Software major Tata Consultancy Services Ltd (TCS) on Wednesday said it had closed FY23 with a revenue of Rs 225,458 crore and a net profit of Rs 42,147 crore.

TCS’ CC revenue growth of 0.6% was weaker than the consensus estimate of 0.9% CC growth. Margin at 24.5% was also lower than Street expectations of 25%.

Since the structural growth drivers are intact, a stable global macro can trigger a swift demand revival

The TCS COO also explained that currently AI has reached a stage where it has surpassed the abilities of IT workers.