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TCS Q3 results: India's largest software major sees 2% rise in profit to Rs 11,058 crore

India Business News: Tata Consultancy Services (TCS) announced its Q3 financial results, reporting a 2% YoY growth in net profit to Rs 11,058 crore. However, the profit fe ....

Milind Lakkad , Tata Consultancy Services Ltd , Business News , Q3 Financial Results , Dividend Payout ,

View: What lies ahead for ITeS sector & how GoI can play its part

While the ITeS sector will continue to grow near double-digit levels, headcount will shrink in 2024 by at least 5 percentage points. If the sector does not shed people, it would indicate seeping complacency, a lack of understanding of the impact of new technologies, and an incipient loss of competitiveness. It needs to reduce headcount, and stay competitive and relevant in the face of automation and AI. ....

International Data Corporation , Ites Sector , Job Cuts , Economic Impact ,

TCS, Infosys report dip of about 12,000 employees in Q3, Telecom News, ET Telecom

The two companies combined saw headcount fall by 34,851 year-on-year. Headcount at TCS dropped by 10,669 and that at Infosys by 24,182 since the third quarter of the previous fiscal. ....

Nilanjan Roy , Milind Lakkad , Tata Consultancy Services , Teamlease Digital , Milind Lakkad , Tata Consultancy Services , T Jobs , Teamlease Digital ,

Interim budget 2024: Interim Budget 2024: Government may simplify withholding tax math

There are several tax deducted at source (TDS) provisions with different thresholds and multiple rates. This has created a TDS maze that leads to frequent disputes as well as the blocking of working capital at businesses. ....

Sudhir Kapadia , Income Tax Act , Interim Budget 2024 , Withholding Tax , Tax Deducted At Source , Tds Provisions , Working Capital ,