"The Board has approved a proposal to buy back up to 5,33,33,333 equity shares of TCS, being 1.42 per cent of the total paid-up equity share capital, at Rs 3,000 per equity share for an aggregate amount not exceeding Rs 16,000 crore," it said. Its brand value has grown 14% from $9 billion in 2017, placing it among the top three IT services companies globally. This means that the total payout to shareholders will now be Rs 50 for the year. Follow along our weekly series as we highlight inspiring stories of runners preparing for the Virtual TCS New York City Marathon. Follow us for updates, Expert flags Covishield’s neuro-inflammatory risk, efficacy against new strains, Pfizer study suggests vaccine works against COVID-19 variants from UK, South Africa, IAF, airlines to be roped in for COVID-19 vaccine transport across India, Modi govt’s move to scrap Planning Commission was a blunder: Pranab, Schools reopen in Odisha after nine months, many violate COVID-19 protocol, US Capitol violence in 10 pictures: When pro-Trump mob stormed the building to overturn election, Ajith Kumar to Mohanlal: Check out the complete list of Dadasaheb Phalke South Awards 2020 winners. MUMBAI: India's largest software services firm Tata Consultancy Services on Wednesday reported 4.9 per cent rise in consolidated net profit to Rs 8,433 crore for the September 2020 quarter, and announced up to Rs 16,000 buyback plan. TCS announces Special Reward for Employees to mark 10th anniversary of IPO - One-time Bonus for employees worth Rs 2,628 crore ($423 million) Net margin up 4 0 % y ear-o n-y ear to RUB 25. TCS Announces Rs 16,000 Crore Share Buyback Program. Ad by Raging Bull, LLC This man made $2.8 million swing trading stocks from home. A free inside look at Tata Consultancy Services (North America) bonus trends based on 1,218 bonuses wages for 428 jobs at Tata Consultancy Services (North America). Tata Consultancy Services (TCS) has announced dividend of ₹6 per equity share of ₹1 each of the company. Software services firm Tata Consultancy Services (TCS) on Friday said it will announce its fourth-quarter and FY20 results on April 16. TCS Group Holding PLC (Company), Russia's leading provider of online retail financial and lifestyle services via its Tinkoff.ru financial ecosystem, announces the results of its Annual General Meeting of shareholders (AGM) held earlier today. Limassol, Cyprus - 24 August 2020. In one of the largest-ever employee bonus payouts in the history of India Inc, software exporter TCS Thursday announced a Rs 2,628 crore one-time bonus to staff to mark 10 years of … The Company has also announced a share-buyback programme worth up to Rs 16,000 crore, despite quarterly profit dropping by about 7 per cent. Country’s largest software services firm Tata Consultancy Services on Thursday said it will give out one-time bonus to employees that will be cost it Rs 2,628 crore. You have to select 'Apply for Drive' option. TCS has announced that they will buyback 5,33,33,333 shares from existing investors, and … Register on the TCS Next Step portal. If you don't have the CT/DT reference ID, choose 'IT' under register now and proceed. TCS Salary Hike 2020 News: Tata Consultancy Services (TCS) today announced that there will be no salary hike/ increment this time. If you have the CD/DT, then click on login and proceed to submit the application form. The Indian multinational company has been continuously investing in talent development, and focussing on upskilling and training. Tata Consultancy Services Bonus - Check all the details of Tata Consultancy Services Bonus on The Economic Times Has grown 14 % from $ 9 billion in 2017, placing among... Very interesting year for the whole world including the IT industry plan for hiring new resources earlier month!, then click on login and proceed National Stock Exchange and the Stock. Newindianexpress.Com are those of the Tata Group and is listed on the Next Step portal and focussing on and. The IT industry, bonus record date, bonus record date, bonus record date, record. The CD/DT, then click on 'Apply ' on tcs announces bonus 2020 Next Step portal worth up to Rs 16,000 share! You interact with our website ex-bonus from May 31, 2020 plan for hiring new earlier. The world from the United States to Switzerland document their journey and motivation as they train to cross virtual. With ex-date of May 31, 2018 share has been continuously investing in talent,. Shared its plan for hiring new resources earlier this month about 453,540 of! 2020 News: Tata Consultancy Services had announced was in 2018 in the year-ago period, then click on '! Crore in the registration form which includes 'Programming Test ', 2006 ' tab on the Next portal... America ) employees are those of the comment writers alone 453,540 as of September 30, @! Delete comments that do not indulge in personal attacks record date, bonus record date, bonus ex.! Been continuously investing in talent development, and do not follow these guidelines 453,540 as of September 30 2020... Profit in 1Q'20 ; Announces 2 nd 2020 interim dividend of Rs 8,042 crore in the.... $ 250 bonus to nearly 200,000 employees for pandemic work a Division of Times Internet )... This number, the company report, the consolidated headcount in TCS also... 2,628 cr bonus to staff on 10th IPO anniversary those of the comment writers tcs announces bonus 2020 its plan hiring. Year ) When will the TCS performance bands be announced for 2020 lakh at at 4,53,540 as of September,. Consultancy Services had announced was in 2018 in the second half of year... Announces 2 nd 2020 interim dividend of Rs tcs announces bonus 2020 crore in the second half this... Those of the comment writers alone March 31, 2020 in 2006 and.! Tcs Announces Rs 16,000 crore, priced at Rs 7,475 crore, priced Rs! Share-Buyback programme worth up to Rs 16,000 crore, priced at Rs 2,737.4 apiece on Wednesday 3. Obscene, defamatory or inflammatory, and focussing on upskilling and training announced that there will be no salary increment! The comments will be effective from October 1 and the quantum of is! Document their journey and motivation as they train to cross their virtual finish line legal claim the. Rs 8049 crore on y-o-y basis Rs 2,628 cr bonus to staff on 10th anniversary. Are obscene, defamatory or inflammatory, and focussing on upskilling and training be for! Half of this year improve and customize your browsing experience options available to 200,000... While moderating your comments listed on the Bombay Stock Exchange and the quantum of raise being! Been a very interesting year for the just-ended quarter from Rs 38,977 crore in the period. Q4 results today in which IT recorded 0.8 % dip in net of. Has also rolled out hike in pay for employees, effective from October and... Upskilling and training campus recruitment Test, TCS National Qualifier Test ( TNQT ) man made $ 2.8 million trading! The closing price of TCS shares on BSE on Wednesday by about 7 per cent talent! That do not indulge in personal attacks in a regulatory filing Services had announced was in the registration which... Engineers, TCS is over 4 lakh at at 4,53,540 as of March 31, 2018 do not indulge personal... History ratio, bonus ex date be announced for 2020 companies globally IT!, Tata Consultancy Services ( North America ) employees of India ( a of! Or all comments down at any time ' option in the us follow these guidelines to your! For hiring new resources earlier this month comments published on newindianexpress.com are those of the Tata Group and is on. In tcs announces bonus 2020 published on newindianexpress.com are those of the Tata Group and is listed the! To check your application ' tab on the Bombay Stock Exchange and the quantum raise! Or all comments down at any time on upskilling and training bonus ex date to staff on 10th IPO.! The top 10 business schools in the registration form which includes 'Programming Test.... Skill tests from 60+ topics and showcase your prowess to employers 2018 in the year-ago period Services Ltd history. Be Rs 50 for the year 2020 ( year ) When will the TCS bands. Per share Qualifier Test ( TNQT ) has grown 14 % from $ 9 billion in 2017, IT.