Page 67 - Tcs News Today

In a post-earnings interaction with reporters last Wednesday, TCS chief executive K. Krithivasan said, We have completed our investigation. We have taken appropriate action against whosoever had violated the code of conduct. All actions have been taken, and it is closed.

Employee wage costs at top Indian software services companies reach six-year high

Six vendor entities, their owners and affiliates have been debarred from doing any business with the company.

India News: TCS has fired 16 employees and removed three from the resource management function in a bribe-for-jobs scandal. Six vendor entities and their affiliat

Companies slash growth forecast for FY24 amid macroeconomic headwinds

After a long bullish phase, in the last four weeks the market has witnessed correction, Whether it is, large, mid or small cap market breadth in all segments remained weak in a number of trading sessions. In such times, if one is looking to buy stocks it would be better to look at stocks where some fundamentals developments have made analysts turn bullish on them. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnin...

Indias top software exporters, including TCS, Infosys, and HCLTech, are expected to see a decline of nearly 50,000 employees this financial year due to a challenging global environment for technology services. The companies had added 70,000 people last year and hired 150,000 in FY22 due to increased demand for digitization during the pandemic.

"Given the strong 2Q and robust deal bookings, the guidance cut is a disappointment and indicates a weak 2H," said Jefferies analysts Akshat Agarwal and Ankur Pant in a note to clients.

India Business News: Indian IT companies to see reduction in headcount: In contrast, during the previous fiscal year, these companies collectively added 70,000 employees,

Foreign portfolio investors were net sellers at Rs 1,862 crore on Thursday. DIIs bought shares worth Rs 1,532 crore.