Connect with us

Business

TCS now has over five lakh employees

Published

on

TCS now has over five lakh employees

The IT services giant reported a profit of Rs 9,008 crore in the first quarter of FY22, up 28.5% year-on-year. This is also because its profit in Q1FY21 had fallen to Rs 7,008 crore when business was disrupted due to the lockdown in the quarter last year. This is also slightly below analyst expectations.

Consolidated revenue from operations increased by 18.5% year-on-year (3.9% sequentially) to Rs 45,411 crore compared to Rs 38,322 crore in the corresponding quarter of 2020-21. In terms of the company’s discretionary spends, which fell due to the pandemic, Chief Financial Officer Samir Seksaria said that discretionary spends are seeing an uptick, and are expected to return to pre-pandemic levels by end of FY22.

Its workforce was up 17.3% year-on-year, and its headcount came in at 5,09,058. TCS said this was its highest-ever quarterly net headcount addition of 20,409. Women make up 36.2% of the workforce. Attrition for the quarter came in at 8.6%. Attrition, CEO Rajesh Gopinathan said, was picking up in response to the overall demand environment.

In response to a question, Chief HR Officer Milind Lakkad said that the attrition at 8.6% is artificial in a way, as the company generally operates at 11-12%. He added that in high demand environments it has gone up to 13-14%, and it is part of the company’s operating model.

Advertisement

In terms of industries, TCS said that Life Sciences and Healthcare led growth, up by 7.3% sequentially and 25.4% year-on-year. “Retail and CPG also bounced back to double digit growth, growing 4.4% QoQ and 21.7% YoY. BFSI (+3.1% QoQ, +19.3% YoY), Manufacturing (+4.8% QoQ, +18.3% YoY), Technology & Services (+5% QoQ, +12.3% YoY) and Communications & Media (+1.7% QoQ, +6.9% YoY) also saw significantly improved performance,” TCS said in a statement. In terms of growth in markets, the pandemic’s second wave led to a degrowth of 14.1% sequentially due to the second wave of the pandemic.

News Source : Business Today

Lifestyle

10 best activities hacks for the better lifestyle for Business Managers.

Published

on

By

10 best activities hacks for the better lifestyle for Business Managers.

Business managers, known for their dynamic and demanding roles, are now adopting innovative activity hacks to improve their lifestyle and well-being. Recognizing the importance of work-life balance and personal wellness, these leaders are implementing a range of activities to foster physical health, mental clarity, and overall satisfaction in their professional and personal lives.

Mindfulness at Work lifestyle

Business managers are incorporating mindfulness practices, such as meditation and deep breathing exercises, into their daily routines to reduce stress and increase focus in high-pressure situations.

Regular Exercise Breaks

Amid tight schedules, managers are embracing short exercise breaks, such as brisk walks or stretching exercises, to stay active throughout the day and boost their energy levels.

Nutrition and Healthy Eating

Prioritizing their well-being, managers are adopting healthier eating habits, including nutritious snacks and well-balanced meals, to sustain their energy during demanding workdays.

Time Management Workshops

Business managers are attending time management workshops to enhance their organizational skills, enabling them to efficiently juggle multiple responsibilities and achieve better work-life integration.

Skill Development Seminars

Recognizing the value of continual growth, managers are attending skill development seminars to stay updated on industry trends and enhance their leadership abilities.

Flexible Work Arrangements

Some forward-thinking companies are offering flexible work arrangements to business managers, providing the freedom to create a more harmonious work-life balance.

Social Engagement

Building a sense of camaraderie, managers are engaging in team-building activities and networking events to foster positive relationships within their professional circles.

Unplugging from Technology: In a digital era, managers are prioritizing personal time by unplugging from technology during non-working hours, allowing for genuine relaxation and recharging.

Pursuing Hobbies and Interests

Managers are rediscovering their passions outside of work, be it painting, gardening, or playing a musical instrument, to unwind and find fulfillment beyond their professional roles.

Encouraging Employee Wellness

Some managers are also promoting wellness initiatives within their teams, encouraging their employees to embrace similar activity hacks and lead healthier lives.

Group Media Publications
Entertainment News Platforms – anyflix.in      
Construction Infrastructure and Mining News Platform – https://cimreviews.com/
General News Platform – https://ihtlive.com/
Podcast Platforms – https://anyfm.in

Advertisement
Continue Reading
Anyskill-ads

Facebook

[the_ad id="55117"]

Trending