Tata Consultancy Services (TCS) faces employee anxieties as a new bench policy raises fears of layoffs exceeding the announced 12,000. The policy, limiting bench time to 35 days, may disproportionately impact senior staff struggling to secure project assignments quickly.
TCS has announced that around 2 per cent of its workforce of roughly 12,000 employees will be let go in the financial year 2025-26. The layoffs are expected to mainly affect mid- and senior-level staff.
ITR FY2025-26: According to the Income Tax Department’s website, refunds usually take around 4-5 weeks, but the actual turnaround time is now often much shorter
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Sensex rose 190.72 points or 0.23% to 81,528.67 and the Nifty agined 49.30 points or 0.20% to 24,870.40 as of 12.55 PM
Sensex gained 181.02 pts or 0.22% to 81,518.97 at 1.01 pm after a muted opening. Nifty 50 was up by 45.00 pts or 0.18% to 24,866.10
Bagdogra’s terminal is part of India’s larger push to improve airports in strategic but under-served regions.
India is the mass market for luxury vehicles. Interested customers even can find second-hand cars like BMW, Mercedes, Range Rover and more at more than half price. Check list here.
EPFO processed 98.5% of 15.24 lakh higher pension claims as per Supreme Court directive. Over 11 lakh applications were rejected, 4 lakh accepted.
The development comes close on the heels of Tata Consultancy Services' decision to lay off around 12,000 employees, a move that has sent ripples across the IT sector.
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