April 6, 2025
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Tag: tata consultancy services

H-1B visas: Are TCS, Infosys susceptible to US’ immigration policy changes? Here’s what Moody’s says – The Times of India

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H1B visa scheme enables organisations in the United States to employ overseas professionals temporarily in specialised roles. H-1B visa policy changes under US President Donald Trump’s government makes major Indian IT firms susceptible to immigration policy changes and higher costs, says Moody’s in its latest report. Indians secured approximately 75% of H-1B visas granted in…

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TCS acquires commercial real estate company with ‘Nil’ turnover for Rs 2,250 crore – The Times of India

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Tata Consultancy Services (TCS) has announced the acquisition of 100 percent equity shares of Darshita Southern India Happy Homes. India’s largest IT company made the announcement in an exchange filing on Bombay Stock Exchange. The acquisition is valued at Rs 2,250 crore, as per TCS‘ exchange filing. The acquisition is an all-cash deal. Darshita Southern…

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TCS cuts variable pay for these employees for second quarter in a row – The Times of India

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Tata Consultancy Services (TCS) has reportedly reduced the quarterly variable pay for its senior employees for the October-December quarter, even though they followed the strict work-from-office policy, reported MoneyControl. This marks the second consecutive quarter that TCS has cut variable pay for certain employees. The country’s largest software exporter previously cut variable pay of senior…

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TCS CEO K Krithivasan: We had one of the “worst toplines”, but one of the … – Times of India

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Tata Consultancy Services (TCS) posted a 11.95% increase in net profit to Rs 12,380 crore for Q3. TCS saw a significant TCV at $10.2 billion and expects better growth in FY2026. Despite market uncertainties, TCS’s order book and strong pipeline across sectors contribute to positive outlook, highlighting strong performance in TCV and certain segments. Source…

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TCS Q3 results: Tata Consultancy Services sees 12% rise in profit; interim dividend of Rs 10 per share declared – Times of India

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The IT giant’s revenue reached Rs 63,973 crore in Q3FY25, showing a 5.6% growth from Rs 60,583 crore. (AI image) TCS Q3 results FY25: Tata Consultancy Services (TCS) announced on Thursday its consolidated net profit for the December quarter increased by 12% to Rs 12,380 crore, compared to Rs 11,058 crore in the previous year’s…

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TCS, Infosys and other Indian IT companies in 10 biggest beneficiaries of H-1B visa list – Times of India

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Tata Consultancy Services (TCS), Infosys, and other Indian-origin tech companies have secured a fifth of all H-1B visas issued by the US in 2024. According to data from the US Citizenship and Immigration Services from April to September 2024, 24,766 of the 130,000 H-1B visas were granted to Indian-origin companies. The H-1B visa program allows…

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When Ratan Tata made this request to SEBI chief for TCS’ first CEO FC Kohli during TCS IPO – Times of India

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Ratan Naval Tata passed away earlier this week at a hospital in Mumbai. Tata Group’s chairman emeritus was India Inc’s most-loved and respected leader. As several industry doyens said in their tribute to Ratan Tata, what he said was regarded as universal truth. Ratan Tata’s demise marks the end of an extraordinary corporate journey, one…

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TCS CEO and MD K Krithivasan mourns Ratan Tata’s demise: All my colleagues at TCS and I will remain forever … – Times of India

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Tata Sons chairman emeritus Ratan Naval Tata died at a Mumbai hospital on Wednesday night, October 9, at the age of 86 years. As chairman for more than two decades, he took Tata Group global, clinching eye-catching deals, including iconic British assets like steelmaker Corus, luxury carmaker Jaguar Land Rover, the world’s second-largest tea company…

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