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TCS: TCS, Infosys report dip of about 12,000 employees in Q3

India’s top two IT majors Tata Consultancy Services and Infosys reported a dip on the hiring front in the fiscal third quarter. Together, the companies reported a decrease in headcount by 11,781 over the fiscal third quarter. Last quarter, the two companies reported a sequential headcount dip of 13,863. In the third quarter of this fiscal, TCS’ headcount reduced by 5,680 sequentially, while Infosys’ headcount dipped by 6,101. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIT DelhiIITD…

IT companies: IT companies expected to report soft Q3 as higher furloughs to weigh on revenue growth

Indian IT companies are expected to report a "soft" third quarter with higher-than-usual furloughs weighing on revenue growth, industry watchers said cautioning that demand outlook commentary is likely to be unchanged as clients continue to scrutinise discretionary spends and prioritise cost optimisation. The big earnings week for tech heavyweights is up ahead, with the top tier IT companies slated to announce their December quarter numbers this week. Tata Consultancy Services (TCS) and Infosys will declare their Q3FY24…

TCS: Maharashtra Labour Department issues notice to TCS over ‘forced’ transfers

The Maharashtra State Government Labour Department has issued a notice to Tata Consultancy Services (TCS) over a complaint related to the alleged forced transfer of employees. The labour department has requested TCS stakeholders to explain their stand on the matter during a formal meeting on January 18.The Nascent Information Technology Employees Senate (NITES) had filed a formal complaint with the Ministry of Labour and Employment against TCS for alleging forceful transfer of over 2000 employees, ET reported on November…

Apple’s Taylor Swift 2023 Artist of the Year celebration could be coming to Apple TV according to the NYC event’s T&Cs

Taylor Swift is Apple Music’s 2023 Artist of the Year, taking the crown from last year’s winner, Bad Bunny, and the live event to celebrate her achievements may appear on Apple TV in the future.Taylor Swift’s Eras The Experience will take place in New York City on December 8 and December 9, with Swifties receiving notification of successful ticket applications early this week. While Swift will not be in attendance at the event, the 40-minute listening party could be filmed for Apple Music or Apple TV, according to the…

gopinathan: After BCG advisory role, ex-TCS CEO Gopinathan joins IIT Bombay as head of entrepreneurship

Indian Institute of Technology (IIT) Bombay has appointed former Tata Consultancy Services (TCS) CEO Rajesh Gopinathan as head- translational research and entrepreneurship and professor of practice, the premier institute said on Friday. A translational research centre to support transition of IP from lab to industry was created recently. The new position of head, translational research and entrepreneurship has been created to further accelerate these initiatives, said the institute.Elevate Your Tech Prowess with…

campus hiring: Campus placements take a hit as IT majors cut back, posing challenges for engineering graduates

Walk into any engineering college across the country. The mood doesn’t feel very different from any other college. Youngsters running around, chatting, discussing assignments and reels and crushes — all at the same time. But a walk past the ‘Xerox centre’ or photocopy centre of the college would tell you that all is not well this placement season. “It’s quieter this time,” said Sudhir Yadav, proprietor of a photocopy centre within the campus of a tier-2 engineering college in Pune.Elevate Your Tech Prowess with High-Value…

TCS NQT INTERVIEW EXPERIENCE(2023 batch)

Every year TCS Conduct free NQT for final year students. I had apply through tcs nextstep for free nqt. After 1 month I got a mail regarding online assessment. Based on your exam TCS invite you for an interview for a ninja or digital profileRound-1 (Online Exam)Online Exam comprised two sections.Section A(Foundation):it consists of 65 questions with 75 minutes in total. Numerical Ability – 20 questions consisting of Arithmetic questions, Verbal Ability – 25 questions consisting of grammar, sentence arrangement as well as…

TCS Digital Interview Experience (On-Campus) 2023

When we enter college, we and our families are only aware of a few tech giants, I am going to share my interview experience with one of them i.e. TCS. There are 2 paths through which you can get into TCS. First is Codevita which is a global coding challenge, second is TCS-NQT. I am going to share my experience in both cases.So Let’s Begin!!!Round -1 (Competitive Coding Challenge or NQT)Codevita is generally held in the month of February and registration starts in January so keep an eye out. So, there are a total of 6…

TCS helps AIB life launch operations in Ireland

Tata Consultancy Services played a crucial role in assisting AIB life, a joint venture between Allied Irish Banks plc and Great-West Lifeco, in launching its operations in Ireland. AIB life's vision is to guide individuals towards financial security, and TCS provided a future-ready, digitally enabled platform to support this mission.Chosen as the strategic partner, TCS collaborated in building a digital-first, comprehensive life company catering to the Irish market. This platform enables AIB's 3.2 million customers to…

IT companies: In rough year, IT companies want more work from office

Top Indian software exporters and mid-tier firms are asking employees to work from the office on more days of the week. This comes as companies are focusing on higher productivity and employee retention as the $245 billion sector struggles with the slowest technology demand in many years that has led to a slump in hiring.Tata Consultancy Services (TCS), LTIMindtree, Wipro, Persistent Systems and others told ET about half their staff have been punching in at least twice a week. The Indian IT sector was early to adopt work…