Page 174 - Tcs News Today

Tata Consultancy Services has been named a Leader in Everest Groups PEAK Matrix® for Multi-Cloud Application Development Services.

The company noted that as a part of the new multi-year partnership they will build a scalable foundation for a digital core for Sainsbury’s. Additionally, TCS will also provide end-to-end managed services for modern workplace services, network connectivity, and security.

TCS COO N Ganapathy Subramniam is against the practice of moonlighting but does not want to go too harsh on the employees found practicing it.

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.

Funding commitments for digital push remain intact despite a challenging macro-economic environment, the chief executive of TCS.

TCS has previously stated that dual employment is against its core values, and the company has also tried to curb moonlighting by calling people back to office.

Digital adoption platform provider Whatfix has appointed Raj Sundarason to the role of APJ leader, Sameer Mishra to the role of vice president and hea...

According to September quarter earnings data, wage costs as a share of revenue declined for two of the six top IT firms—Tata Consultancy Services Ltd and HCL Technologies Ltd at 56.1% and 54.6%, respectively—from the preceding three months. For Infosys Ltd, wage costs were little changed at 53.2%.

Infosys’ Ebit (earnings before interest and taxes) margins rebounded to 21.5%, up 140 basis points (bps) sequentially, ahead of consensus estimates. One basis point is 0.01%

Variable payout, also known as performance pay, is a part of the employee compensation that depends on both the performance of the employee and the overall performance of the company. Lately, IT companies have been scaling back on this part of the employee compensation.