TCS MD & CEO Rajesh Gopinathan steps down; K. Krithivasan named CEO designate
The TCS board has nominated K. Krithivasan as the CEO designate with effect from March 16, 2023.
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TCS bags $723 mn deal from UK insurer; its largest in FY23
Phoenix Group acquired U.K.-based life insurer ReAssure in 2020. Phoenix Group now eyes to digitally transform its ReAssure biz using the TCS’ BaNCS-based platform.
TCS Q3 results: From profitability to dividend; here are key takeaways
The IT heavyweight has reported 10.98% YoY rise in its consolidated net profit at ₹10,883 crore, while consolidated revenue from operations jumped 19.11% YoY to ₹58,229 crore.
TCS revenue jumps 19.1% to ₹58,229 crore; profit at ₹10,883 cr
Tata Consultancy Services reports net profit of ₹10,883 crore for Q3, up 11% year-on-year.
TCS stock rises 3% ahead of Q3 results; here’s what to expect
The IT heavyweight is likely to report moderate growth in the top and bottom line, while margins are expected to improve due to ease in supply side pressure.
TCS to help central banks in digital currency launch
Central banks will be able to manage the issuance and distribution of CBDCs, says TCS.
TCS shares fall post Q2 results
The company’s revenue surged 18% YoY to ₹55,309 for the September quarter, while its revenue in constant currency grew 5.4% on a year-on-year basis.
TCS Q2 profit grows 8.4% to ₹10,431 cr; revenue up 18%
TCS' attrition rate remains high at 21.5% on an annualised basis. The board declares a 2nd interim dividend of ₹8 per share.
TCS employees to get 100% variable pay; stock rises
Tata Consultancy Services has clarified that there is no delay in payment of variable pay to its employees and they will get 100% for the June quarter.
TCS doles out up to 8% salary hikes; staff strength crosses 6 lakh
TCS' staff strength stood at 606,331 as on June 30, a net addition of 14,136 during the quarter.
