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It is a subsidiary of the Tata Group and is listed on the Bombay Stock Exchange and the National Stock Exchange of India. The board of directors of TCS at its meeting held on April 19, 2018 had recommended bonus issue of … MUMBAU: Largest Indian software exporter TCS on Thursday said it will not retrench any of its nearly 4.5 lakh employees, but has decided not to give any salary hikes this year. Try to avoid outside hyperlinks inside the comment. The company announced its Q4 results today in which it recorded 0.8% dip in net profit at Rs 8049 crore on y-o-y basis. Tata Consultancy Services Bonus - Check all the details of Tata Consultancy Services Bonus on The Economic Times TCS will pay employees a Special Reward or one-time bonus to mark the 10th anniversary of the company’s initial public offering in August 2004, TCS said in a statement. Its revenue grew 3 per cent year-on-year to Rs 40,135 crore for the just-ended quarter from Rs 38,977 crore in the year-ago period. The net profit excluded Rs 1,218 crore-provision towards legal claim. Runners around the world from the United States to Switzerland document their journey and motivation as they train to cross their virtual finish line. TCS Salary Hike 2020 News: Tata Consultancy Services (TCS) today announced that there will be no salary hike/ increment this time. The Indian multinational company has been continuously investing in talent development, and focussing on upskilling and training. Software services firm Tata Consultancy Services (TCS) on Friday said it will announce its fourth-quarter and FY20 results on April 16. TCS announces Rs 16,000-crore buyback plan, to roll out salary hikes for employees Its revenue grew 3 per cent year-on-year to Rs 40,135 crore for the just-ended quarter from Rs … They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. 2020 has been a very interesting year for the whole world including the IT industry. This is the strongest December quarter growth in nine years, TCS said TCS Q3 net profit rises 7% to ₹ 8,701 cr; announces interim dividend of ₹ 6 … https://techgig.com/generateHttpWebService-v2.php?tgtype=SAVE_NEWS_READ_LOGS&news_id=78488785&news_title=TCS announces campus hiring for 20,000 freshers through National Qualifier Test&news_url=https://content.techgig.com/tcs-announces-campus-hiring-for-20000-freshers-through-national-qualifier-test/articleshow/78488785.cms&tags=Hiring&ppuserinfo=. Tata Consultancy Services Ltd. has given 3 bonuses since July 28, 2006. TCS announces record Rs 2,628 cr bonus to staff on 10th IPO anniversary. Its brand value has grown 14% from $9 billion in 2017, placing it among the top three IT services companies globally. "The Board has approved a proposal to buy back up to 5,33,33,333 equity shares of TCS, being 1.42 per cent of the total paid-up equity share capital, at Rs 3,000 per equity share for an aggregate amount not exceeding Rs 16,000 crore," it said. MUMBAI: India's largest software services firm Tata Consultancy Services on Wednesday reported 4.9 per cent rise in consolidated net profit to Rs 8,433 crore for the September 2020 quarter, and announced up to Rs 16,000 buyback plan. 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