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TCS Market Valuation Erodes By Rs 28,149 crore Since Layoff Announcement
Tata Consultancy Services (TCS) has lost Rs 28,148.72 crore from its market valuation in two days after the company announced that it will lay off about 12,000 employees of its global workforce this year.
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IT Ministry Keeping Close Watch On Tata Consultancy Services' Layoffs Situation: Report
The IT Ministry is keeping a close watch on the developments after Tata Consultancy Services' (TCS) decision to lay off over 12,000 employees, according to sources.
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Tata Consultancy Services, India's Largest IT Services Provider, To Cut 12,000 Jobs
India's largest IT services provider Tata Consultancy Services will reduce its workforce by 2 per cent in its 2026 financial year, primarily affecting middle and senior management, the company said on Sunday.
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"Don't Jump To Conclusions": Aviation Minister On Air India Crash Report
The Aircraft Accident Investigation Bureau (AAIB)'s report on the Ahmedabad-London Air India plane crash last month is based on preliminary findings and one should not jump into conclusions, Civil Aviation Minister K Ram Mohan Naidu said.
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India 'Will Have Largest Workforce By 2047': NSA Ajit Doval
National Security Advisor (NSA) Ajit Doval on Friday spoke about India's rising economic stature and military might on the world stage and also made a prophesy about likely milestones that the country will achieve by 2047.
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Microsoft Shuts Pakistan Operations After 25 Years, Cites Global Restructuring
Tech giant Microsoft has announced to shut down its limited operations in Pakistan as part of its global strategy to reduce workforce, which various stakeholders termed on Friday as a "troubling sign" for the country's economy.
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Why Gen Z Is Leaving Metro Cities For Tier-2 Towns
This trend suggests a lasting decentralization of India's workforce, marking a significant shift in the nation's urban dynamics.
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Developed Or Upper-Middle Income? Top Economist Visualises India At 2047
The goal of making India a developed country by 2047 is "plausible" if the economy stays to the current growth rate of 6 per cent, economist Martin Wolf told NDTV in an exclusive interview on Thursday.
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Contractual Employees At UNESCO Sites In Assam Not Paid Since November 2024
The contractual employees, engaged by the Directorate of Archaeology to look after 167 monuments across Assam, including the UNESCO World Heritage site of Ahom era 'Moidams', claimed that they have not received their salaries for at least six months.
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TCS Calls Generative AI A Civilisational Shift, Plans AI-Human Workforce
India's largest IT services company TCS believes that generative artificial intelligence (AI) is not just another tech cycle but a "civilisational shift" which will positively benefit every industry.
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Odisha To Remove Bangladeshis From State Workforce In Major Crackdown
Bangladeshis working in Odisha are set to face the axe, with the state government announcing that it would identify and remove such individuals from employment across the state.
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TCS Pays Full Quarterly Variable Allowance To Over 70% Of Employees
Tata Consultancy Services has paid out 100 per cent of the Quarterly Variable Allowance (QVA) to more than 70 per cent of its workforce for the January -March quarter.
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How Much Time Do Professionals Spend Commuting To Office? Report Says...
Thousands of professionals employed in Global Capability Centres (GCCs) in Bengaluru, Hyderabad and the National Capital Region (NCR) spend somewhere between 45 and 55 minutes one way travelling to work, according to a new report.
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From June, You Can Use UPI, ATM For Provident Fund Withdrawals: Top Official
In a groundbreaking development for India's workforce, the Employees' Provident Fund Organisation (EPFO) is set to introduce a revolutionary new system for Provident Fund (PF) withdrawals through Unified Payments Interface (UPI).
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Boeing Fires 180 Employees In India Amid Workforce Reduction Plan: Report
Boeing, which has been facing multiple headwinds globally, has around 7,000 staff in India, which is also a key market for the company.
![Gadgets 360 With Technical Guruji: News of the Week [January 18, 2025]](https://c.ndtvimg.com/2025-01/9eb8n48s_news-of-the-week_160x120_18_January_25.jpg?downsize=245:163 "Gadgets 360 With Technical Guruji: News of the Week [January 18, 2025]")
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TCS Market Valuation Erodes By Rs 28,149 crore Since Layoff Announcement
Tata Consultancy Services (TCS) has lost Rs 28,148.72 crore from its market valuation in two days after the company announced that it will lay off about 12,000 employees of its global workforce this year.
-
IT Ministry Keeping Close Watch On Tata Consultancy Services' Layoffs Situation: Report
The IT Ministry is keeping a close watch on the developments after Tata Consultancy Services' (TCS) decision to lay off over 12,000 employees, according to sources.
-
Tata Consultancy Services, India's Largest IT Services Provider, To Cut 12,000 Jobs
India's largest IT services provider Tata Consultancy Services will reduce its workforce by 2 per cent in its 2026 financial year, primarily affecting middle and senior management, the company said on Sunday.
-
"Don't Jump To Conclusions": Aviation Minister On Air India Crash Report
The Aircraft Accident Investigation Bureau (AAIB)'s report on the Ahmedabad-London Air India plane crash last month is based on preliminary findings and one should not jump into conclusions, Civil Aviation Minister K Ram Mohan Naidu said.
-
India 'Will Have Largest Workforce By 2047': NSA Ajit Doval
National Security Advisor (NSA) Ajit Doval on Friday spoke about India's rising economic stature and military might on the world stage and also made a prophesy about likely milestones that the country will achieve by 2047.
-
Microsoft Shuts Pakistan Operations After 25 Years, Cites Global Restructuring
Tech giant Microsoft has announced to shut down its limited operations in Pakistan as part of its global strategy to reduce workforce, which various stakeholders termed on Friday as a "troubling sign" for the country's economy.
-
Why Gen Z Is Leaving Metro Cities For Tier-2 Towns
This trend suggests a lasting decentralization of India's workforce, marking a significant shift in the nation's urban dynamics.
-
Developed Or Upper-Middle Income? Top Economist Visualises India At 2047
The goal of making India a developed country by 2047 is "plausible" if the economy stays to the current growth rate of 6 per cent, economist Martin Wolf told NDTV in an exclusive interview on Thursday.
-
Contractual Employees At UNESCO Sites In Assam Not Paid Since November 2024
The contractual employees, engaged by the Directorate of Archaeology to look after 167 monuments across Assam, including the UNESCO World Heritage site of Ahom era 'Moidams', claimed that they have not received their salaries for at least six months.
-
TCS Calls Generative AI A Civilisational Shift, Plans AI-Human Workforce
India's largest IT services company TCS believes that generative artificial intelligence (AI) is not just another tech cycle but a "civilisational shift" which will positively benefit every industry.
-
Odisha To Remove Bangladeshis From State Workforce In Major Crackdown
Bangladeshis working in Odisha are set to face the axe, with the state government announcing that it would identify and remove such individuals from employment across the state.
-
TCS Pays Full Quarterly Variable Allowance To Over 70% Of Employees
Tata Consultancy Services has paid out 100 per cent of the Quarterly Variable Allowance (QVA) to more than 70 per cent of its workforce for the January -March quarter.
-
How Much Time Do Professionals Spend Commuting To Office? Report Says...
Thousands of professionals employed in Global Capability Centres (GCCs) in Bengaluru, Hyderabad and the National Capital Region (NCR) spend somewhere between 45 and 55 minutes one way travelling to work, according to a new report.
-
From June, You Can Use UPI, ATM For Provident Fund Withdrawals: Top Official
In a groundbreaking development for India's workforce, the Employees' Provident Fund Organisation (EPFO) is set to introduce a revolutionary new system for Provident Fund (PF) withdrawals through Unified Payments Interface (UPI).
-
Boeing Fires 180 Employees In India Amid Workforce Reduction Plan: Report
Boeing, which has been facing multiple headwinds globally, has around 7,000 staff in India, which is also a key market for the company.
