Wipro slides 23% in 3 months, turns Nifty's worst performer. Can buyback, Q4 nos. reverse trend?Wipro shares have plummeted 23% in three months, becoming the Nifty's worst performer, impacted by weak Q3 results and sector-wide AI conce...
10 Apr, 2026, 10.09 AM IST
TCS Q4 FY26: Attrition rises to 13.7%; 2,356 employees added during the quarterTCS Q4 FY26: Alongside workforce adjustments, the IT major highlighted continued investments in employee upskilling. It also unveiled wage ...
10 Apr, 2026, 08.19 AM IST
Wipro to consider share buyback on April 16 after steep stock crash this yearIT services major Wipro announced it will consider a share buyback alongside its fourth-quarter results on April 16. This move follows a si...
09 Apr, 2026, 05.56 PM IST
TCS salary hike: Amid 12,000 layoffs, IT major announces wage hikes. Check who is getting a raise and who is being laid offTCS Wage Hike: salary increases for 80% of employees. The hike is effective from September 1, 2025. Junior and mid-level staff will benefit...
07 Aug, 2025, 08.49 AM IST
TCS to roll-out wage hikes for about 80% of employees, effective September 1The move to reward and retain talent comes at a time when TCS has decided to lay off over 12,000 employees as part of what it describes as ...
06 Aug, 2025, 11.22 PM IST
Wage hikes a priority for TCS; focus on growth with profitability: CFOTCS, grappling with macroeconomic headwinds impacting growth and margins, prioritizes delivering deferred wage hikes to its 6 lakh employee...
13 Jul, 2025, 05.55 PM IST
TCS to delay salary hikes on uncertain business environmentTata Consultancy Services (TCS) will delay annual salary hikes amid global economic uncertainties and sluggish revenue growth. The company,...
11 Apr, 2025, 02.56 PM IST
TCS wage hikes coming soon? Top management gives important updateTata Consultancy Services reported a 1.7% YoY dip in net profit to ₹12,224 crore, missing market estimates. Revenue rose 5.3% YoY to ₹64,47...
10 Apr, 2025, 07.03 PM IST
Top IT firms saw wage bills rise 5.5% even as revenue growth dipsIT companies' cumulative wage cost rose by Rs 18,036 crore in the fiscal year. Experts said this was due to continuity in lateral hiring in...
22 Apr, 2024, 06.01 AM IST
TCS rolls out salary hikes, takes 200-bps impact on operating margin"We have gone ahead and rolled out our annual salary increase with effect from April 1st. Our operating margin of 23.2% reflects the 200-bp...
12 Jul, 2023, 04.51 PM IST
TCS Q1 Results: Here are the key things to watch out forEdelweiss said investors may watch out for deal momentum, tenure and pricing; attrition and supply-side pressure; client budget and how the...
08 Jul, 2022, 05.39 PM IST
Tata Consultancy Services promises 8-12% salary hikeTata Consultancy Services, India’s largest IT services company, said salaries of employees in India would rise between 8% and 12% in FY17.
19 Apr, 2016, 05.01 AM IST
Best performers at Wipro get 10-15%; average wage hike at 7%, 10,000 promotedThe Bengaluru-based firm hands out promotions twice a year, in June and December. It will promote another set of employees in December.
24 Jul, 2015, 04.40 AM IST
TCS moving to a model where it can absorb wage hikes: Ankit Pande, Quant Broking"I had expected around 25.5% EBIT margins this quarter. That really indicates that they are able to absorb the wage hikes more and more eas...
17 Jul, 2014, 09.43 PM IST
- Q1 FY 13 Earnings: Expect Infosys to cut guidance, TCS to maintain commentary, says IDFC
Infosys would give a wage hike starting July1 , which may impact its finances. Not giving a wage hike is not really an option that it has, ...
11 Jul, 2012, 03.09 PM IST
Infy to offer single-digit salary hikesInfy will either defer salary hikes, or look at 7-8% hikes, in order to cope with a lower demand for their services in US & Europe. Top IT ...
15 Dec, 2008, 12.30 PM IST
- TCS, other IT cos to slash hikes
As india’s tech firms prepare to protect their operating margins amidst a worsening economy, Tata Consultancy Services (TCS) is expected to...
18 Nov, 2008, 08.38 AM IST