India’s top three IT companies’ headcount drops by 16,162 in September quarter
These companies said they are not backfilling most attrition, which is in the 14% range on the past 12-month basis for them.
These companies said they are not backfilling most attrition, which is in the 14% range on the past 12-month basis for them.
It posted a marginal increase in reported post-tax profit at Rs 32,430 crore for FY21, despite a 4.6 per cent jump in revenue to Rs 1.64 lakh crore in the last fiscal.
It said TCS grew in a challenging year when the brand value of IT services companies collectively dropped by 3 per cent.
The TCS board is also slated to consider its financial results for the September quarter and declaration of a second interim dividend to the equity shareholders at that meeting.
In October 2014, EPIC had filed a legal claim against TCS in the court of Western District Madison, Wisconsin alleging infringement of Epic''s proprietary information.
The statement further added that the process will make the entire request and bid selection process completely transparent.
Transnet Port Terminals (TPT) is part of Transnet SOC Ltd, state-owned freight transport and handling company.
The IBM Enterprise Cloud Architecture Unit would include technical professionals from both companies.
Bank shares except a few private lenders mostly traded in the red.
The Sensex gained 10.25 points to end at 38,730.82 while the Nifty settled at 11,555.90, lower by 2.70 points. Tata Consultancy Services closed 2.05 per cent lower at Rs 2,131.45 per share ahead of its earning announcement.