H-1B visa is a non-immigrant visa, which allows US employers to temporarily employ foreign workers in speciality occupations
The corporate sector should give priority to building toilets in schools as part of their corporate social responsibility initiatives.
While the current headcount reduction has more to do with slowing demand, the rise of artificial intelligence will impact jobs in the future.
Tata Consultancy Services (TCS) CEO and Managing Director S Ramadorai said that the company would hire computer science PhD students who have graduated from any Indian Institute of Technology (IIT) in the country without any interviews for the next five years.
ITRs with zero tax liability have increased to 55.7 million in FY25.
Leading information technology services company Tata Consultancy Services would add a net of 13,500 people this year, chief executive officer and managing director S Ramadorai said on Saturday.
Tata Consultancy Services, the country's largest software exporter by revenue, is to administer the UK's National Employee Savings Trust scheme's administered services under a 10-year deal, worth around 600 million (approximately Rs 4,150 crore).The contract, awarded by the UK's Personal Accounts Delivery Authority, is divided into two stages, with possible extensions of another five years. The first stage will run up to October 2010.
Equity markets this week will take cues from global trends, trading activity of foreign investors and quarterly earnings, with TCS kick-starting the results calendar on Thursday, analysts said.
Mistry said he hoped the company would soon take a decision on appointing a woman as director on the board.
Indian IT companies have been under pressure to return excess cash on their books to shareholders through generous dividends and buybacks
India's largest IT company Tata Consultancy Services will consider acquisitions in Europe and plans to increase headcount at its Latin American and Chinese operations to 1,000.
The company's consolidated revenue was up 34.3 per cent at Rs 15,621 crore (Rs 156.21 billion) for the second quarter.
TCS shares ended 1.14 per cent lower at Rs 1,290.30, even after a bullish opening on the BSE. During the day, the scrip slid nearly 2 per cent.
Seven of the top-10 valued firms suffered a combined erosion of Rs 1,54,477.38 crore in market valuation last week, with IT majors Tata Consultancy Services and Infosys emerging as the biggest laggards. Last week, the BSE benchmark index tanked 812.28 points or 1.36 per cent. Reliance Industries Limited, ICICI Bank and State Bank of India were the only gainers in the top-10 pack.
TCS moved into new markets like France, Japan thanks to acquisitions.
