TCS rewards employees with massive salary hike after making Rs 10,000 crore profit.

Tata Consultancy Service is giving a 20% Christmas salary hike to 70% of its employees and the rest of the employees get a salary hike based on their performance. There are almost 6 lakh employees in the firm. 10-20% of the employees' salary is dependent on variable pay. TCS has planned to roll out 100% variable pay to 4 lakh employees for the financial year 2022. 

Comments

Post a Comment

Popular posts from this blog

Excise Policy Scam: CBI issues 'Look Out Circular' against 13 accused including Manish Sisodia

Image
New Delhi: The Central Bureau of Investigation on Saturday issued a Look Out Circular (LOC) against 13 accused including Delhi Deputy Chief Minister Manish Sisodia in the Excise Policy scam, the sources confirmed. Manish Sisodia reacted to the notice and tweeted that he was roaming freely in Delhi and asked the CBI to tell him where to come. Sisodia also added that the country is looking for a leader who can give solutions to inflation, unemployment. He said that the public will give a 'look out notice' to them in 2024. A look out circular prevents an individual from leaving the country and the person can be detained if they are found violating the said condition. During the raid of CBI in Delhi at 31 locations including seven states, two accused were not found during the raid, so the agency opened LoC with immediate effect against the 13 accused. "CBI issues a look out circular (LoC) against 13 accused in Delhi excise police case including deputy chief Ministe...
Read more

AAI signs MoU with Sweden to facilitate smart and sustainable aviation technology collaboration.

Image
Airports Authority of India (AAI) and LFV Air Navigation Services of Sweden (LUFTFARTSVERKET) signed a Memorandum of Understanding today at the Corporate Headquarters of AAI in New Delhi. The agreement brings together two air navigation service providers, India and Sweden, with demonstrated capabilities in building and operationalizing the next generation of sustainable aviation technology, to explore smart aviation solutions. This MoU shall pave the way for bi-lateral exchange of aviation expertise and technology between the two countries. It will allow the Indian companies to accelerate growth while leveraging Swedish innovation and expertise. Under the aegis of the MoU, the companies can collaborate in areas of mutual interest. The MoU was signed by Mr. M. Suresh, Member (Air Navigation Services), AAI and Mr. Magnus Corell, Deputy Director General, LFV Sweden. The event was attended by Shri Sanjeev Kumar, Chairman, AAI; Ms. Malin Cederfeldt Östberg, State Secretary, Ministry of Infr...
Read more

NIA conducts raids across Kashmir related to a militancy case.

Image
The National Investigation Agency (NIA) searched a number of places in Kashmir on Tuesday as part of an investigation into a case involving terrorist activity, according to officials. The searches were conducted in Srinagar and the south Kashmir districts of Anantnag, Pulwama, and Kulgam. “Searches were carried out in a case registered by NIA in Jammu last year,” they claimed. The case relates to a criminal conspiracy for carrying out terrorist and subversive actions that was hatched by the cadres, OGWs, and affiliates of numerous organisations that are outlawed, as well as their offshoots that operate under various aliases at the direction of their Pakistani masters.
Read more