New Delhi, April 17 (IANS) K. Krithivasan, Chief Executive Officer and Managing Director of Tata Consultancy Services, on Friday detailed a series of measures undertaken by the company in response to the controversy surrounding the Nashik TCS conversion case, as it moved to address concerns and ensure a transparent probe.In a formal statement, Krithivasan said the company has not received any complaints under its Prevention of Sexual Harassment (POSH) framework in connection with the matter.He a…
Latest K Krithivasan News & Updates
New Delhi, April 9 (IANS) IT services major Tata Consultancy Services (TCS) on Thursday reported a slight rise in last‑12‑months attrition rate to 13.7 per cent in the fourth quarter (Q4), up from 13.5 per cent a year earlier.The tech giant also saw its headcount increase by 2,356 employees in the March quarter to 5,84,519, up from 5,82,163.”Women make up 35.2 per cent of total employee strength,” the software services firm said, adding that employee headcount dipped by 30,906 from the first…
Mumbai, April 9 (IANS) Tata Consultancy Services (TCS) on Thursday reported a 12 per cent year-on-year (YoY) jump in consolidated net profit for the January–March quarter (Q4 FY26).The major IT player had posted a profit of Rs 13,718 crore, compared to Rs 12,224 crore in the year-ago period (Q4 FY25), according to its exchange filing.The IT major’s consolidated revenue from operations also saw healthy growth, increasing 9.6 per cent year-on-year to Rs 70,698 crore, compared to Rs 64,479 cror…
New Delhi, Feb 21 (IANS) Leading industry leaders, during the ‘AI Impact Summit 2026’, examined whether AI agents are fundamentally disrupting the traditional software-as-a-service (SaaS) models, and cautioned against oversimplification.Addressing speculation around the future of SaaS, Arundhati Bhattacharya, Chairperson and CEO of Salesforce India, said that markets will say a lot of things, and not all of it comes true.“When you talk about the SaaS model, it’s not only about vibe codin…
Mumbai, Jan 12 (IANS) India’s largest IT services company, Tata Consultancy Services (TCS), on Monday reported a 13.9 per cent year-on-year (YoY) fall in its consolidated profit for the third quarter of the current financial year (Q3 FY26).The IT firm’s consolidated net profit declined to Rs 10,720 crore, compared to Rs 12,444 crore in the same quarter last financial year (Q3 FY25), according to an exchange filing.On a quarter-on-quarter basis, profit dropped 11.6 per cent from Rs 12,131 cro…