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TCS Reports Decrease in Headcount by Over 13,000 in Previous Fiscal: Report

TCS Faces Decline in Headcount while Reporting Profit Growth

Tata Consultancy Services (TCS), a prominent player in the information technology sector, recently announced a notable decrease in its headcount alongside a significant growth in net profit. According to reports, TCS witnessed a drop in its total employee base by over 13,000 during the previous fiscal year, marking the third consecutive quarter of decline, a trend unprecedented in the company's history spanning 19 years. As of now, TCS's employee count stands at 6,01,546.

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IRDAI Reduces Maximum Waiting Time for Pre-existing Conditions

IRDAI Reduces Waiting Period for Pre-existing Diseases in Health Insurance Policies

In a significant move aimed at benefitting health insurance policyholders, the Insurance Regulatory and Development Authority of India (IRDAI) has slashed the maximum waiting period for pre-existing diseases (PEDs) from 48 months to 36 months. This change, effective from April 1, 2024, brings relief to customers purchasing health insurance policies during the current fiscal year.

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