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TCS share buyback 2023 to open today. Should you tender shares? Sharekhan answers

TCS’ existing shareholders, who held TCS shares worth less than Rs 2 lakh on November 25 (record date) could use the buyback route and tender their shares, maximum of 57 shares, to get premium buyback price of Rs 4,150.

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TCS Q2 FY24: IT company to roll out 100% variable pay to majority staff

Even in Q1 FY24, TCS had paid out 100 per cent of the variable pay to a major part of its workforce. On the other hand, its peers Infosys and Wipro rolled out only 80 per cent variable pay for the quarter. ....

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TCS Q2 results: Employee headcount falls by 6,333, firm says 'recalibrating gross additions'

'Our strategy of proactively hiring bright freshers and investing in training them with the right skills is paying off,' says CHRO Milind Lakkad

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TCS' Q2 revenue miss disappoints brokerages, but strong deal wins may provide comfort

As revenue was a miss despite the robust order book, most brokerages expect to see a ramp-up of deal wins to usher growth for TCS from FY25. ....

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TCS buyback 2023 soon: IT giant purchased Rs 66k cr worth of shares in last 4 buybacks

Buybacks by TCS are usually followed by similar announcements by other major IT firms, especially Infosys and Wipro. A buyback is one of the most tax efficient ways to reward shareholders, as profits on tendering shares during a buyback are tax-free. ....

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