NSE indices semi-annual rejig: Adani, RIL, TCS, other stocks to be replaced on this day instead June 29; full list here

The NSE has rescheduled its semi-annual rejig to replace stocks in various indices from June 29 to June 28 due to a Bakrid holiday. Major stocks like RIL, TCS, HCL Tech, and Adani Group firms will be reshuffled from NSE indices.
27-06-2023
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TATA CONSULTANCY SERVICES LTD. - 532540 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Standard Life Partners with TCS to Transform Customer Experience for European Policyholders
26-06-2023

TCS suspends 4 for violating code of conduct after whistleblower complaint

TCS has suspended four employees for violating its code of conduct, following a whistleblower complaint received earlier this month, sources said on Friday. The Tata Group company, the largest IT services exporter in the country, has also barred an unspecified number of vendors who provided talent on a contractual basis, they added. In a late evening statement to the exchanges, TCS said it probed the allegations made in the complaint and found out that the charges do not "involve any fraud by or against the company and no financial impact". The statement made after a media report published earlier in the day also clarified that the "reference to alleged scam in recruitment process is incorrect". It said the resource management group (RMG) is entrusted with allocating resources to various projects and fill shortfall through contractors. "The complaint referred to...relates to hiring of such contract resources employed by the contractors," it added. The company also clarified that
24-06-2023

TCS say no recruitment fraud; issue relates to breach of Code of Conduct

TCS made these clarification to the exchanges in a filing, as media report said that senior executives involved in hiring thousands of personnel took bribes from staffing firms
23-06-2023

Blacklist vendors who offer bribes, say recruiters

The Indian Staffing Federation (ISF), representing over a hundred recruiters, plans to seek details from Tata Consultancy Services Ltd (TCS) on the recent hiring scandal at India's largest IT company.
23-06-2023
Bigul

TATA CONSULTANCY SERVICES LTD. - 532540 - Reference To An Article Published In A Media Publication Today

With reference to an article published in a media publication today, the Company wishes to clarify as under: The recruitment activities in TCS are not handled by the Resource Management Group (RMG) as alleged, therefore the reference to alleged scam in recruitment process is incorrect. RMG is responsible for allocation of available resources to various projects and incase of any shortfall, fill such requirements through contractors. The complaint referred to in the article relates to hiring of such contract resources employed by the contractors. On receipt of the complaint, the Company launched a review to examine the allegations in the complaint. Based on the review: (i) this does not involve any fraud by or against the Company and no financial impact; (ii) the issue relates to breach of Company's Code of Conduct by certain employees and vendors providing contractors; and (iii) no key managerial person of the Company has been found to be involved.
23-06-2023
Bigul

TATA CONSULTANCY SERVICES LTD. - 532540 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

Pursuant to Regulation 39(3) of Listing Regulations, please find enclosed the intimation letter received from our Registrars and Share Transfer Agent - TSR Consultants Private Limited, providing information regarding issue of duplicate share certificates after compliance of required formalities.
23-06-2023
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TATA CONSULTANCY SERVICES LTD. - 532540 - Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)

In continuation of our letter with reference no. TCS/PR/SE-25/2023-24 dated June 21, 2023, titled 'Nest and TCS Expand Strategic Partnership to Provide Enhanced Member Experience', we wish to inform that the contract value was signed for PS840 million with an initial tenure of 10 years. The total maximum estimated value of the contract, if extended to the entirety of its eighteen-year tenure, will be PS1.5 billion.
21-06-2023
Bigul

TATA CONSULTANCY SERVICES LTD. - 532540 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Nest and TCS Expand Strategic Partnership to Provide Enhanced Member Experience
21-06-2023
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