An Indian Institute of Technology (IIT) alumnus has taken to social media to share his journey from a lucrative job offer at Tata Consultancy Services (TCS) to a career in the Indian Civil Services (ICS). Rohit Kumar Singh, a retired Indian Administrative Service (IAS) officer of the 1989 batch, Rajasthan cadre, took to social media…
TCS employees receive tax demand notices! The Income Tax Department has issued demand notices to a significant number of TCS employees, ranging from 30,000 to 40,000 individuals, due to discrepancies in their tax deducted at source (TDS) claims. The tax demand varies from Rs 50,000 to over Rs 1 lakh, depending on the employee’s seniority…
TCS CEO Remuneration: K Krithivasan, CEO and Managing Director of Tata Consultancy Services (TCS), earned a total remuneration of Rs 25.2 crore for the financial year 2024. This figure is slightly lower than the Rs 29.16 crore earned by former CEO Rajesh Gopinathan in the previous fiscal year.It’s important to note that K Krithivasan’s pay…
Tata Consultancy Services (TCS) is establishing large data centres across the four regions of India as part of its Rs 15,000-crore agreement with state-owned telecommunications company Bharat Sanchar Nigam Ltd (BSNL), according to COO N Ganapathy Subramaniam. TCS, in collaboration with the government’s Centre for Development of Telematics (C-DOT), will make a total of 38…
Google this week sacked 28 employees for protests over its project with the Israeli government. In an email, CEO Sundar Pichai said that the workplace is not a place for politics. The company is also cutting some jobs and moving some of those roles to countries including India. Meta has launched Meta AI for its…
TCS Q4 results: Tata Consultancy Services, India’s largest IT services company, on Friday reported a Profit After Tax (PAT) of Rs 12,434 crore for the fourth quarter of the financial year ending March 2024. This is a 9.1% year-on-year increase. The company reported a revenue of Rs 61,237 crore, which is a 3.5% year-on-year growth….
Demand outlook for premium consumer businesses is robust and the “growth rhythm” will persist over the next three-four years, said CK Venkataraman, managing director, Titan Co. He highlighted the divergent trends in the consumer goods sector across categories with premiumisation booming while mainstream demand remains subdued. “In the significant per-capita income shift that’s expected to…
