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<keyword id="19950119" type="General" weightage="20" keywordseo="Tata-Consultancy-Services" source="keywords" meta.keywordsubtype="org" meta.entityname="Tata Consultancy Services" meta.hostid="153" meta.entityid="Tata Consultancy Services">Tata Consultancy Services</keyword> (TCS), has expanded its partnership with <keyword id="20167467" type="General" weightage="20" keywordseo="Rolls-Royce" source="keywords" meta.keywordsubtype="org" meta.entityname="Rolls-Royce" meta.hostid="153" meta.entityid="Rolls-Royce">Rolls-Royce</keyword>, a British multinational specialising in civil aerospace, defence aerospace, services, and power systems, to advance sustainable aviation initiatives. According to a press release, the collaboration focuses on researching <keyword id="22499621" type="General" weightage="20" keywordseo="hydrogen-fuel-system-technology" source="keywords">hydrogen fuel system technology</keyword>, reinforcing the potential of hydrogen as a zero-carbon <keyword id="20178417" type="General" weightage="20" keywordseo="aviation-fuel" source="keywords">aviation fuel</keyword> of the future. TCS will supply engineering skills and support to Rolls-Royce to tackle three key challenges in enabling hydrogen for aviation- fuel combustion, fuel delivery, and fuel system integration with an engine. All elements must be validated for safe operation. This partnership highlights TCS's commitment to driving sustainable transformation across industries, aligning with its broader mission to harness technology for positive societal impact. The International Air Transport Association (IATA) has set targets for net zero carbon emissions by 2050. Alan Newby, Director, Research and Technology, Rolls-Royce, said, "We welcome TCS to our hydrogen research programme and their engineering skills will play a valuable role in addressing our technology goals. We've already made great progress and having TCS with us gives us additional capability as we move forward on our journey to enable the energy transition for the aviation sector." The expanded partnership was announced at the Farnborough International Airshow, where TCS also showcased its technological prowess in the aviation industry. This collaboration builds on a long-standing relationship between Rolls-Royce and the Tata Group, including engine development and a robust supply chain commitment. TCS has worked with Rolls-Royce since 2010 in areas such as design, manufacturing engineering, control systems, software, after-market services, and IT services, supporting major civil and business aviation programs and the end-to-end product development lifecycle. Anupam Singhal, President - Manufacturing, TCS, said, "The partnership between TCS and Rolls-Royce is an exciting one that represents a powerful alliance in the quest for <keyword id="22500175" type="General" weightage="20" keywordseo="sustainable-aviation-solutions" source="keywords">sustainable aviation solutions</keyword>. We are aligned with Rolls-Royce's ambition for a greener future. This partnership is the perfect opportunity to put our technological strengths and passion for the environment to use for advancing innovation and fostering an eco-friendlier aerospace sector." TCS will leverage its deep domain knowledge of the aircraft manufacturing industry to support Rolls-Royce's engineering activities such as system design, component design, supply chain support, and program management. These services will help Rolls-Royce research hydrogen technology to address the challenges of fuel combustion, fuel delivery, and fuel systems integration with an engine, ensuring all elements operate safely. Regu Ayyaswamy, Senior Vice President and Global Head- Internet of Things and Digital Engineering, TCS, said, "TCS and Rolls-Royce have been partners in advancing engineering excellence for nearly a decade. The new partnership for research into hydrogen fuel systems represents a pivotal next step at a time when the aviation industry is faced with the urgent challenge of reducing carbon emissions while maintaining performance and efficiency. It aligns well with TCS' commitment to harness technology for positive societal impact and building a greener future." TCS has been on a mission to harness the power of technology for positive societal impact and drive sustainable transformation across industries. With more than 200 sustainability offerings, TCS is helping customers around the world in their sustainability journeys. As a Tata group company, TCS is also conscious of its impact on the environment. In 2021, TCS set an ambitious sustainability target to reduce its absolute emissions by 70 per cent across Scope 1 and Scope 2 by 2025 from the baseline year 2016 and to achieve net zero by 2030. By FY24, TCS had already reduced its absolute carbon footprint across Scope 1 and Scope 2 by 80 per cent over a baseline of 2016, exceeding its target achievement by 10 per cent, one year ahead of time. (ANI)

TCS collaborates with Rolls-Royce for hydrogen research programme

<ul><li><keyword id="6357150" type="General" weightage="20" keywordseo="tcs" source="Orion">TCS</keyword> has announced share buyback at ₹4,500 per share, which is nearly 17% more from previous close price.</li><li>It added 10 new clients in the December quarter that has revenue potential of $100 million for the software exporter.</li><li>The IT giant reported revenue on quarter growth of 4.5% in constant currency.</li></ul>Tata Consultancy Services (TCS) said that it would buy back shares worth ₹18,000 crore. It will offer a price of up to ₹4,500 a share. That’s a premium of nearly 17% to the closing price on Wednesday (January 12). <div type="image" title="TCS share" height="900" width="1200" msid="88859723" hostid="261"></div>TCS revealed its share buyback plan along with reporting a 4.5% growth in revenue in constant currency terms. This is comparable to Infosys (7%) and Wipro (3%) in the same period. Since companies like Wipro, TCS, and Infosys export software, and earn in dollars, pounds or euros, they report growth in constant currency terms, which is adjusted for foreign exchange fluctuations. <div type="image" title="TCS dollar" height="900" width="1200" msid="88859729" hostid="261"></div>TCS added 10 new clients whose annual revenue potential is $100 million or more in a year for the company. “Quote on deals” “Overall we don’t have a specific preference of small deal, medium deal or large deal. We participate across the board and stay continuously engaged across the full spectrum. Very large deals like $500 million or billion dollar deals, they by nature are few and far between. More importantly, they take a long time to mature and are unpredictable in terms of when they will close. There are a few in the pipeline but we can't tell as to when they will come through,” said Rajesh Gopinathan, chief executive officer and managing director at TCS. <div type="image" title="TCS clients" height="900" width="1200" msid="88859738" hostid="261"></div>The largest Indian IT firm has reported 12% on year growth in net profit of ₹9,769 crore in the December quarter. The company has also announced a dividend of ₹7 per share to investors. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/tcs-completes-its-fresher-hiring-target-three-months-ahead-of-schedule-but-its-not-done-yet/articleshow/88858310.cms">TCS completes its fresher hiring target three months ahead of schedule but it’s not done yet</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/the-attrition-at-infosys-is-worse-than-that-at-wipro-ceo-salil-parekh-has-increased-hiring-plan-by-10000/articleshow/88856648.cms">The attrition at Infosys is worse than that at Wipro, Salil Parekh has increased hiring plan by 10,000</a>

TCS will buy back shares worth ₹18,000 crore for a price up to ₹4,500 apiece

<ul><li>For many, the shift from the comfort and flexibility of working from home to the structured routine of office life can seem challenging to deal with initially. </li><li>Going to the office lets you meet and interact with people, which has social utility.</li><li>A few days before joining the office, one should start their morning routine as will be needed. </li></ul>Bangalore-based Anirabn Chatterjee, working for an <keyword id="6377640" type="General" weightage="20" keywordseo="it-firm" source="Orion">IT firm</keyword> has recently been asked to go back to the office five days a week. Since last November, he has been going to the office two or three days a week, a hybrid mode of work, which he rather enjoyed, but that is over now. Recently large IT companies like <keyword id="6357150" type="General" weightage="20" keywordseo="tcs" source="Orion">TCS</keyword>, Wipro and others have asked employees to start going to the office five days a week. The culture of <keyword id="123591" type="General" weightage="20" keywordseo="work-from-home" source="Orion">work from home</keyword>, or <keyword id="10310934" type="General" weightage="20" keywordseo="hybrid-work" source="Orion">hybrid work</keyword> where one had to go to the office 2-3 times a week is now coming wrapping up. These work cultures were born out of necessity during the COVID-19 pandemic and many workplaces kept on with them after the lockdown restrictions were lifted.d Many employees have been reluctant to go back to the office five days a week and companies have been going slow on calling them back. “The concept of work from home (WFH) or remote work has only gained momentum since the pandemic. However, major corporations are now urging their workforce to report to the office physically and more regularly,” says Anjali Raghuvanshi, Chief People Officer, Randstad India, an HR services firm. <cmsannotation type="cmsannotation" annotationid="The challenges of going back to office" comment="Subhead" text="The challenges of going back to office">The challenges of going back to office</cmsannotation> “Some may welcome change, craving for the social interaction and the structured routine of the office environment,” says Vandana Ahuja, Organisational HR Adviser &amp; ICF Coach. However, for many, the shift from the comfort and flexibility of working from home to the structured routine of office life can seem challenging to deal with initially, as it mandates a shift in daily routines, work habits, and work-life dynamics. Here are some issues people are likely to face. <cmsannotation type="cmsannotation" annotationid="Commute agony" comment="subhead" text="Commute agony">Commute agony</cmsannotation>: In any metro city, commuting can take up to three hours or more daily, and this is certainly not good news for those who need to go back to the office. It means getting up earlier, starting from home early and also evenings spent stuck in traffic. For Chatterjee, the daily commute is about two hours and he does not fancy doing it five days a week. <cmsannotation type="cmsannotation" annotationid="Social anxiety" comment="Subhead" text="Social anxiety">Social anxiety</cmsannotation>: Following an extended period of remote work, many individuals are finding it challenging to readjust to a structured work environment. “There could be a level of social anxiety. Especially for the newer workforce who have had the perks of working remotely from the beginning of their careers, it might be a tad more difficult to accommodate themselves into a more disciplined office routine,” says Ahuja. Feelings of irritability during interactions with colleagues, a sense of lethargy, diminished concentration, and difficulties in socialising have become prevalent issues. “Social anxiety has a negative impact on people’s performance and in serious situations can even lead to quitting. In some other people, body image-related problems also arise, where people start finding their body less attractive, due to which problems like low self-esteem, depression and eating disorders can be seen,” says Arvind Otta, senior psychologist and mental health activist. <cmsannotation type="cmsannotation" annotationid="Lower work flexibility" comment="Subhead" text="Lower work flexibility"><keyword id="19091574" type="General" weightage="20" keywordseo="lower-work-flexibility" source="Orion">Lower work flexibility</keyword></cmsannotation>: For many, work from the office can also affect their productivity or at least they think that it does. “For many, remote work offered increased autonomy, and the ability to tailor their work environment to their preferences,” says Raghuvanshi. The impact is more on parents with kids and especially women, to whom work from home was a blessing in disguise as they could spend more time with their kids or do tasks like dropping or picking them up from school more easily. However, working from the office is the new normal, something that one cannot wish away. It might take some of us a bit of time to get adjusted, but adapting to the new way of life should be pretty easy. Here are a few ways to make the transition smoother <cmsannotation type="cmsannotation" annotationid="Look at the bright side" comment="subhead" text="Look at the bright side">Look at the bright side</cmsannotation>: Going back to the office again might seem cumbersome, but one needs to look at the bright side. Going to the office lets you meet people, lets you interact with your colleagues and your boss and also lets you showcase your work much better to your immediate boss. Overall, it is a great thing, careerwise. <cmsannotation type="cmsannotation" annotationid="Get into a routine" comment="subhead" text="Get into a routine">Get into a routine</cmsannotation>: Going back to the office is just a matter of habit . “Individually, a person should repeatedly tell himself a few days in advance that from the particular day onwards he will have to work in the office only, due to which the idea of working from the office will also be included in his thought process,” says Otta. He suggests that a few days before joining the office, one should wake up at a fixed time and start settling into the daily routine. Three things should be specifically followed a few weeks before joining the office: sleeping at a fixed time, eating breakfast and exercising or yoga. <cmsannotation type="cmsannotation" annotationid="Make the commute more productive" comment="Subhead" text="Make the commute more productive">Make the commute more productive</cmsannotation>: Since the commute takes up a lot of time, one should look to make the commute more productive. Shabbir Merchant, Chief Value Creator, Valulead Consulting, a leadership development consulting firm, suggests that one catches up on reading and especially listens to audio audiobooks when one is travelling by public transport or driving. One can also listen to music or catch up on breathing exercises that can be done from anywhere. However, social media is to be avoided as much as possible. <cmsannotation type="cmsannotation" annotationid="Flaunt your office wardrobe" comment="Subhead" text="Flaunt your office wardrobe">Flaunt your office wardrobe</cmsannotation>: During the pandemic many of us have complained that we seldom got a chance to wear some of the clothes that we have bought. “Flaunt your office wardrobe and feel good about the clothes that you have,’ says Merchant. Looking and feeling good can do wonders to your mood. The tiring commute notwithstanding, after months of zoom calls in pyjamas, going back to the office can be a great thing. From meeting colleagues, to brainstorming together over cups of coffee, the new normal can be an adventure to look forward.

Going back to office 5-days a week challenging for some – Here’s how to ease into to the new normal

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TCS collaborates with Rolls-Royce for hydrogen research programme

ANI

TCS will buy back shares worth ₹18,000 crore for a price up to ₹4,500 apiece

Bhakti Makwana

Going back to office 5-days a week challenging for some – Here’s how to ease into to the new normal

Anagh Pal

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