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BUSINESS
IT giant Tata Consultancy Services has reportedly double the package for freshers with new-age skills.
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Updated : Oct 03, 2018, 11:09 AM IST
 "Good news for freshers: TCS doubles pay, details inside")
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IT giant Tata Consultancy Services has reportedly double the package for freshers with new-age skills. According to a report in the Times of India, the entry-level salary of Indian engineers in the IT industry is approximately Rs 3.5 lakh annually. But with individuals possessing digital skills will get a package of 6.5 lakh from TCS.
Meanwhile, if you want to work with TCS, then from now nwards you are required to clear an online test. According to a Times of India report, the tech firm is all set to digitize the hiring process. TCS is mulling over dropping the process of visiting campuses and hiring from colleges directly to be more efficient.
Starting this year, it has started a pan-India online test, the National Qualifier Test, the report said. If the candidate will clear the written test then it will be followed by a video or face-to-face interview depending upon the location of the candidate.
The number of students who registered for the test on the company’s digital platform iON was 280,000 from 100 cities and 24 states.
Last month, Tata Consultancy Services became the second Indian company to attain a market valuation of over Rs 8 lakh crore mark following surge in its share price.
During the afternoon trade, the IT major's market capitalisation (m-cap) stood at Rs 8,01,550.50 crore on BSE. Shares of TCS rose by 2 per cent to Rs 2,097 -- its 52-week high -- on BSE. Earlier on August 23, Reliance Industries (RIL) became the first Indian company to cross the Rs 8 lakh crore market capitalisation mark. TCS is also the country's most-valued firm in terms of m-cap.
TCS on June 15 became the first company to close the trading session with a market valuation of over Rs 7 lakh crore. The market valuation of TCS had earlier this year gone past the Rs 6 lakh crore level, making it the second company to achieve the milestone after Reliance Industries. Mumbai-headquartered TCS had in April became the first Indian company to close the trading session with over $100 billion market valuation.
