Infosys involved in large software companies have received relief from the pre-show cause notice related to the Rs 32,403 crore Goods and Services Tax (GST). The Director General of GST Intelligence (DGGI) has stopped the proceedings on this notice given to the company from FY 2018-19 to 2021-22. Infosys has told the stock exchange in…
The number of subscribers of large private telecom companies increased in April. Reliance Jio, the country’s largest telecom company, has added about 26.4 lakh mobile subscribers in April. Reliance Jio received 21.7 lakh new subscribers in March. However, the government telecom company Bharat Sanchar Nigam Limited (BSNL) has suffered a shock due to the decrease…
The US Equal Employment Opportunity Commission (EEOC) has started an investigation of this charge. Most of the former workers accusing discrimination are more than 40 years of age and non -South Asian origin. They say that TCS had trimmed him but took favor to his Indian colleagues. Some of the Indian workers were working on…
Infosys included in large software companies decreased by about 11.75 percent on a year-by-year basis in the fourth quarter of the previous financial year. The company’s growth estimates for the current financial year also indicates increasing competition in this sector. Infosys has estimated up to three percent growth in revenue. However, the company’s margin guidance…
The country’s largest software company Tata Consultancy Services (TCS) may be investigated in the US on charges of visa fraud. The new government headed by Donald Trump in the US can change the policy regarding visa. America is the largest market for Indian software companies. A media Report According to, former TCS worker Anil Kini…
Infosys included in large software companies were recently trimmed in large numbers. The Karnataka government’s Labor Ministry investigated the sorting at the company’s Mysuru campus. The interim report of this investigation states that no labor law has been violated by the company. A media Report It is reported that officials of the State Labor Department…
Tata Consultancy Services (TCS), the country’s largest software company, will hire 42,000 freshers in the current financial year. At the end of the last financial year, the total number of employees of the company was 6,07,979. In the fourth quarter, TCS has added 625 employees. In the last financial year, the company hired about 42,000…
The mobile market has become very big in India, many companies in the country are working on making smartphones. However, its operating system has not yet been formed in the country. Union Information and Technology Minister Ashwini Vaishnav has challenged the country’s technology companies to create an operating system for mobile phones. During the 32nd…
Government telecom company Bharat Sanchar Nigam Limited (BSNL) is losing revenue due to delay in launch of 4G network and strict competition in the mobile segment. Private telecom companies Reliance Jio and Bharti Airtel’s 5G network exist in large parts of the country. BSNL is finding it difficult to compete with these companies. Minister of…