Page 18 - Tcs News Today

The current lull in hiring is due to muted demand for IT services. However, it’s expected to pick up

From the Sensex stocks, JSW Steel, M&M, Tata Steel, Bharti Airtel, and ICICI Bank opened with gains, while Infosys, TCS, Power Grid, Nestle India and Tech Mahindra opened with cuts.

TCS CEO K Krithivasan said that while video conferencing tools like Zoom and Microsoft Teams are efficient, they overlook the essential informal conversations or chitchat that occurs in the office.

The extended partnership will see TCS help Co-op move from a traditional data centre model to a fully managed, scalable cloud environment powered by TCS Enterprise Cloud.

Shares of some of Indias best companies - HDFC Bank, Infosys, Asian Paints, Bajaj Finance, HDFC Life and Hindalco - among a dozen stocks on the 50-stock Nifty have declined in the last two years as the NSEs benchmark index returned over 28% during this period.

Blue-chip stocks Power Grid, HDFC Bank, Axis Bank, NTPC, and Kotak Bank were the top Sensex gainers, rising 2-4%. On the other hand, TCS, JSW Steel, HCL Tech, Bajaj Finserv, and Maruti Suzuki closed with cuts. Smallcap stock Zaggle Prepaid Ocean Services closed 14% higher after the company announced that it had entered into an agreement with EasyMyTrip Planners Limited for three years.

The statement comes amidst a report that the software industry is going soft on hiring as demand falters from their key markets and some of them are even going back on their campus offers.

Tata Consultancy Services (TCS) leases 400,000 sq ft office space in Noida due to renewed demand. Delhi-NCR records highest leasing volume, with flex space sector leading. Supply increases, raising vacancy rate. Large corporations drive demand. Cushman & Wakefield comments. IT-BPM sector records high volume.

Tata Consultancy Services (TCS) leases 400,000 sq ft office space in Noida due to renewed demand. Delhi-NCR records highest leasing volume, with flex space sector leading. Supply increases, raising vacancy rate. Large corporations drive demand. Cushman & Wakefield comments. IT-BPM sector records high volume.

Assotech Business Cresterra is spread across 2 million sq ft, and this was the last building of the project where TCS has taken the space. Earlier, Genpact and Celebal Technologies had taken space at the same complex.