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TCS ANNUAL INCREMENTS
ETMarkets Smart Talk | “Tax, TCS & Clarity: What’s holding Indian investors back from going global”, explains Himanshu KohliIndian investors remain hesitant about overseas investing due to taxation complexities and operational ambiguity. Expert Himanshu Kohli adv...
Indian IT faces AI reset as top 5 firms post mixed FY26Earnings analyses reveal a sector transitioning rapidly away from traditional effort-based delivery. AI-driven productivity is causing reve...
Slow revenue conversion to dog IT companies as AI queers the pitchDecline in annual revenue runs at even the biggest in Indian IT, such as Tata Consultancy Services (TCS) and Wipro, despite healthy deal pi...
TCS CEO calls Street "wrong" on AI threat; posts $40-bn order book and $2.3 billion in AI revenue for FY26TCS CEO K Krithivasan dismisses fears of IT giants faltering in an AI-first era, asserting the company is actively leading the AI transitio...
TCS confirms onboarding for 650 delayed lateral hiresTata Consultancy Services confirms honoring all offers for 650 lateral hires. Their onboarding was delayed for three months. The company st...
TCS promotes over 1.1 lakh employees in FY25; to hire 42,000 trainees in FY26 despite deferred incrementsTata Consultancy Services promoted over 1.1 lakh employees in FY25 to manage growth and address attrition, even while postponing annual inc...
TCS set to roll out hike letters with payouts likely in 4-8% rangeIndia’s largest IT services company, Tata Consultancy Services (TCS), will provide annual salary increases for FY25 in March; however, empl...
Tech majors may reduce pay hikes by half as slump hurtsOver the last three years, as per data by Xpheno, IT Service bellwethers have collectively increased compensation costs by 64%, while colle...
Cognizant joins peers to roll out 7-10% salary hikes to employeesCognizant told its employees that “formal eLetters” with the new compensation would be out through the week, with the increases taking effe...
Wipro rolls out annual hikes for FY22, covers 96% of employeesThe Bengaluru-based IT services provider will award annual increases to eligible employees with effect from September, according to an inte...
TCS discontinues anniversary hikes for laterals, annual appraisal to continueIn a formal letter to those employees who had completed a year with the organisation during the current fiscal year, TCS said they would re...
Demand strong, TCS likely to retain momentum on boursesThe country’s largest software exporter reported a record $ 11.3 billion in the total contract value (TCV) of new deals won during the Marc...
Wipro CEO Abidali Neemuchwala draws $1.8 million pay packageThe salaries of Wipro’s top executives compare favorably with most other peers in India’s $160-billion IT industry, with the exception of I...
TCS trumps Infosys on incremental revenues despite slower growthIncremental revenue has become one of the most important benchmarks to track in India's $160 bn IT industry as it reflects a co's competiti...
Modest growth and stable margins for large Indian IT outsourcers like Wipro, Infosys and TCSThe first and second quarters are seasonally strong quarters for IT firms from a demand perspective but because of global uncertainty, grow...
- Operating margin a concern for Tata Consultancy Services in an otherwise good show
The margin of Tata Consultancy Services is fast declining. It almost halved when compared with the year-ago figure of 61%.
TCS to offer salary hikes, step up hiringAfter a year of no salary hikes, the good times are set to start rolling again for around 1,50,000 TCS employees, as India’s biggest softwa...