TCS reports net profit of 9% in Q4FY24 to Rs 12,434 crore
With this growth, the company's consolidated net profit spiked to Rs 12,434 crore, compared to Rs 11,392 crore for the corresponding quarter of the previous year.
With this growth, the company's consolidated net profit spiked to Rs 12,434 crore, compared to Rs 11,392 crore for the corresponding quarter of the previous year.
TCS said it will help reduce costs and realise economies of scale within Ramboll’s IT estate.
According to the notice by Maharashtra's labour and employment department, a joint meeting between the company and the complainant will be held on November 2 to address the issue.
The concerns triggered by the ongoing Israel-Hamas conflict had resulted in the creation of big short positions in the market, and now these shorts are being covered pushing the markets up, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
The revenue for Q2 came at Rs 59,692 crore, an increase of 7.9% year-on-year. In constant currency terms, the revenue growth was 2.8% YoY.
The IBM Enterprise Cloud Architecture Unit would include technical professionals from both companies.
Sebi, in a letter issued to TCS on May 28 (Thursday), asked the company to ensure that disclosures provide adequate, accurate, explicit and timely information to the investors.
The SD-Assessments norms lay out the rules to be followed before, during and after an exam to ensure that the necessary precautions, hygiene and social distancing requirements are adhered to.
A times report suggested that Group’s Hotel management will also follow TCS’ footsteps to take a salary cut in this quarter.
1. This reduction in TDS will only be applicable for 23 levied payments. 2. TCS, it will be applicable to four categorise rooms of the Income Tax Act. 3. It is estimated that the move will release liquidity of Rs 50,000 crore in the difficult period of Covid-19 pandemic.