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6 mins read

New TCS regulations may pinch your wallet while travelling abroad. Here’s how you can minimise the impact

A threshold relaxation of ₹7 lakh per financial year from TCS has been given only for overseas spen…

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2 mins read

Some relief for Indians travelling abroad – credit card payments will not attract TCS

On Wednesday, the Indian government announced that spending through international credit cards abro…

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3 mins read

Credit card now under LRS ambit – 20% TCS to be charged on spends using international credit cards

The Central government has amended the rules under the Foreign Exchange Management Act to bring cre…

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3 mins read

Budget 2023 proposes 20% TCS on foreign expenses under LRS

Overseas education and medical treatment: For both overseas education and medical treatment, t…

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4 mins read

India’s rich to shell out more for luxury cars, global travel but may have more to invest

The Union Budget 2023-24 is being hailed as the common man’s budget, but at the same time many …

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3 mins read

Cognizant is reportedly planning to sack 400 in senior management — severance pay reduced to three months

This includes directors, vice presidents, senior directors, associate vice president and other m…

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2 mins read

TCS CEO took home over ₹20 crore pay in the last financial year, as managerial hike goes up by 55%

According to TCS' annual report for 2020-21, Gopinathan received ₹ 1.27 crore in salary, ₹2.09 c…

PTI   


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1 min read

TCS chief Chandrasekaran’s pay is 459 times company’s median level! Here’s how much he earns

Chandrasekaran's compensation is also up from 416 times in FY15. Meanwhile, Chief Financial Officer…

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1 min read

Google becomes one of the first companies to pay Wikimedia - the group behind Wikipedia

Wikimedia Enterprise is a commercial product designed for companies that reuse and source Wikipedi…

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2 mins read

Indian IT major Wipro is on a hiring spree, plans to double campus offers and hike pay

The move is to counter shortage of digital professionals in order to meet client orders efficien…

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3 mins read

Cognizant is taking inspiration from TCS in trying to tame costs

But, that is not all. Addressing the Bernstein conference last week, Cognizant’s CFO Karen McLou…

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2 mins read

After TCS, Infosys reportedly plans to double salaries for 'coding experts'

Freshers who are expert at coding have a lot to gain as the technology major Infosys looks to doubl…

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1 min read

Cognizant Technology exceeded growth targets by 21% last year, and rewarded its top executives like they do in dreams

The last financial year resulted in the company exceeded its 2015 target with a 21% increase in rev…

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1 min read

TCS CEO is the highest paid in Indian IT industry after Infosys’ Sikka

India's second largest software exporter Infosys paid Sikka Rs 30 crore for his first year in the c…

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2 mins read

Indian IT CEOs are nowhere near their US counterparts when it comes to safety net

Francisco D'Souza of Cognizant is entitled to $24 million (Rs 154 crore) if his employment is termi…

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4 mins read

More women are traveling alone. The hospitality industry is meeting demand with offerings like 'Alonemoons' — no partner required.

Luxurious honeymoon destinations like the Hôtel Barrière Le Carl Gustaf in St. Barts have started o…

Mark Ellwood   


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3 mins read

7.5 million Indians shut off second SIMs as Airtel, Jio clean house ahead of 5G auctions

The Indian telecom market looks like it’s getting smaller but then again, it only looks like it. In…

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2 mins read

ITC has a ₹2,500 crore IT business hiding in plain sight and that makes the street go Yippee!

ITC is one of India’s top conglomerates with annual revenue of over ₹45,000 crore ($6 billion), thr…

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3 mins read

Rally in Adani Group companies not only made Gautam Adani India’s richest man, but also made a fortune for its investors

The utility sector finally recovering from GFC shock. $ADANIPOWER.NSE $TATAPOWER.NSE $CGPOWER.NSE …

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3 mins read

EXCLUSIVE: Infosys Group HR Head explains what he is looking for in campus hires this year

One of the biggest issues in Indian IT industry is that the starting salaries for engineers have no…