The NFA Post https://thenfapost.com News, Facts and Analysis on Startup, Technology & Business Thu, 20 Jul 2023 04:32:33 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 The NFA Post News, Facts and Analysis on Startup, Technology & Business clean TCS Expands Partnership With GE HealthCare Tech For IT operations https://thenfapost.com/2023/07/20/tcs-expands-partnership-with-ge-healthcare-tech-for-it-operations/ Thu, 20 Jul 2023 04:32:33 +0000 https://thenfapost.com/?p=286485 Tata Consultancy Services (TCS) said it has expanded its partnership with GE HealthCare Technologies to transform the American multinational firm’s IT operating model New Delhi, NFAPost: Tata Consultancy Services (TCS) said it has expanded its partnership with GE HealthCare Technologies to transform the American multinational firm’s IT operating model. The transformation will bring intelligent care […]]]> TCS Sends Memos To Employees For Violating ‘Work From Office’ Diktat https://thenfapost.com/2023/06/01/tcs-sends-memos-to-employees-for-violating-work-from-office-diktat/ Thu, 01 Jun 2023 02:44:28 +0000 https://thenfapost.com/?p=271654 Mumbai, NFAPost: India’s IT major TCS has sent memos to employees who violated the ‘Work From Office’ diktat. Tata Consultancy Services (TCS) had asked its employees to attend at least 12 days of office in a month. Now the software company has said in the memo that disciplinary proceedings will be initiated if employees flout […]]]> Credit Card Payments Overseas Will Attract 20% TCS From July 1 https://thenfapost.com/2023/05/19/credit-card-payments-overseas-will-attract-20-tcs-from-july-1/ Fri, 19 May 2023 04:00:24 +0000 https://thenfapost.com/?p=267629 For every $100 you spend abroad using your international credit card, you will need to fork out $120 and then claim it when you file your tax return New Delhi, NFAPost: From July 1, your credit card transactions abroad will get costlier. Not only will you have to pay a higher tax collected at source […]]]> TCS Q4 Net Up 15% To Rs 11,392 Crore; Meets Estimates But Revenue Disappoints https://thenfapost.com/2023/04/13/tcs-q4-net-up-15-to-rs-11392-crore-meets-estimates-but-revenue-disappoints/ Thu, 13 Apr 2023 02:33:09 +0000 https://thenfapost.com/?p=256515 Revenue for Q4FY23 grew 16.9% YoY to Rs 59,162 cr, but missed Bloomberg estimate Mumbai, NFAPost: Tata Consultancy Services (TCS), India’s largest IT services player announced net profit at Rs 11,392 crore for the fourth quarter ended March 31, 2023, up 14.8% year on year. Sequentially the firms profit was up 5%. Revenue for Q4FY23 […]]]> Generative AI Like ChatGPT Will Be A Co-worker, Will Not Replace Jobs: TCS https://thenfapost.com/2023/03/07/generative-ai-like-chatgpt-will-be-a-co-worker-will-not-replace-jobs-tcs/ Tue, 07 Mar 2023 15:28:29 +0000 https://thenfapost.com/?p=245892 Tata Consultancy Services (TCS) feels generative artificial intelligence platforms like ChatGPT will create an “AI co-worker” and not replace jobs Mumbai, NFAPost: Tata Consultancy Services (TCS) feels generative artificial intelligence platforms like ChatGPT will create an “AI co-worker” and not replace jobs. Milind Lakkad, the chief human resources officer (CHRO) of the country’s largest IT […]]]> TCS Expands Partnership With UK’s Phoenix Group, Inks Over £600 Million Deal https://thenfapost.com/2023/02/09/tcs-expands-partnership-with-uks-phoenix-group-inks-over-600-million-deal/ Thu, 09 Feb 2023 02:18:20 +0000 https://thenfapost.com/?p=238164 Deal to digitally transform ReAssure business is among the biggest for TCS in the coming quarter Mumbai, NFAPost: Tata Consultancy Services (TCS) has announced an expansion of its long-standing partnership with Phoenix Group, UK’s largest long-term savings and retirement provider, through a contract valued at over £600 million. As part of the deal, TCS will […]]]> Net Hiring In India’s Top Four IT Firms Drops By 97% To 1,940 In Q3FY23 https://thenfapost.com/2023/01/23/net-hiring-in-indias-top-four-it-firms-drops-by-97-to-1940-in-q3fy23/ Mon, 23 Jan 2023 01:30:14 +0000 https://thenfapost.com/?p=232751 Tata Consultancy Services, Wipro, Infosys and HCL Tech- reported a combined net addition of 1,940 employees in the quarter that ended December 2022 New Delhi, NFAPost: Tata Consultancy Services, Wipro, Infosys and HCL Tech— reported a combined net addition of 1,940 employees in the quarter ended December 2022, the Economic Times reported. This is the […]]]> BSNL Gets Centre’s Nod To Sign Rs 26,821 Crore 4G Deal With TCS: Report https://thenfapost.com/2022/11/11/bsnl-gets-centres-nod-to-sign-rs-26821-crore-4g-deal-with-tcs-report/ Fri, 11 Nov 2022 01:21:36 +0000 https://thenfapost.com/?p=215303 Tata Sons’ unit Tejas Network will manufacture the equipment locally for BSNL New Delhi, NFAPost: The Bharat Sanchar Nigam Ltd (BSNL) has received the central government’s nod to go ahead with Rs 26,281 crore deal with Tata Consultancy Services (TCS), paving its way to launch 4G services in India. As reported by Economic Times (ET), […]]]> Wipro Fired 300 Staff Found Working With Rivals At Same Time: Rishad Premji https://thenfapost.com/2022/09/22/wipro-fired-300-staff-found-working-with-rivals-at-same-time-rishad-premji/ Thu, 22 Sep 2022 01:07:54 +0000 https://thenfapost.com/?p=201092 Wipro Chairman asserted that he stands by his recent comments on moonlighting being a complete violation of integrity ‘in its deepest form’ Bengaluru, NFAPost: Wipro Chairman Rishad Premji said 300 people who worked with the company were also found to be working for one of its competitors at the same time, as he firmly stood […]]]> Infosys May Fire Staff Caught Moonlighting, Asks Everyone To Read Employment Contract https://thenfapost.com/2022/09/14/infosys-may-fire-staff-caught-moonlighting-asks-everyone-to-read-employment-contract/ Wed, 14 Sep 2022 02:30:14 +0000 https://thenfapost.com/?p=198660 Amid the debate around moonlight or employees taking up a second job, one of the biggest IT companies in the country, Infosys, is warning its employees against the practice. Infosys highlighted that all its employees must read their employment contract before taking up an alternative job. Infosys warned employees of termination if they take up […]]]>