TCS Partners with SINTEF to Revolutionize Elderly Care Using AI

1 min read     Updated on 12 Nov 2025, 03:52 AM
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Reviewed by
Suketu GalaScanX News Team
Overview

Tata Consultancy Services (TCS) has formed a partnership with SINTEF, a European research foundation, to enhance elderly care through AI. The collaboration will focus on improving SINTEF's eHealth platform SMILE, which supports independent living for seniors. TCS will integrate its AI expertise with SINTEF's research to create scalable innovations in elderly care. The initiative uses Social AI to personalize care plans and aims to expand into energy, mobility, and smart community solutions. TCS, with a strong Nordic presence of 20,000 experts, reported consolidated revenues exceeding $30.00 billion for the fiscal year ended March 31, 2025.

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*this image is generated using AI for illustrative purposes only.

Tata Consultancy Services (TCS), a global leader in IT services, has announced a groundbreaking partnership with SINTEF, one of Europe's largest independent research foundations. This collaboration aims to leverage Artificial Intelligence (AI) to improve elderly care, marking a significant step towards addressing societal challenges through technology.

AI-Powered Elderly Care

The partnership's primary focus is on enhancing SINTEF's existing eHealth platform, SMILE (Smart Inclusive Living Environments). This innovative platform is designed to support senior citizens in maintaining independent lives within their homes. By integrating TCS's expertise in AI and digital solutions with SINTEF's research capabilities, the collaboration seeks to create scalable, real-world innovations that could transform elderly care.

Key Features of the SMILE Platform

  • Communication Tool: Connects seniors with family members, caregivers, and community peers
  • Support System: Provides reminders and access to health services
  • Social Engagement: Promotes active living and community interaction

Innovative Use of Social AI

What sets this initiative apart is the application of Social AI to personalize care for each individual. This approach aims to:

  • Understand unique needs of each senior citizen
  • Tailor care plans based on individual requirements
  • Enhance the overall quality of life for the elderly

Expanding Horizons

While the initial focus is on elderly care, the partnership plans to extend its reach into other critical areas:

  • Energy solutions
  • Mobility innovations
  • Smart and secure communities

TCS's Nordic Presence

TCS has been a significant player in the Nordic region since 1991:

Aspect Details
Regional Presence 20,000 experts serving customers across Norway, Finland, Sweden, and Denmark
Recognition Consistently ranked as one of the best IT consulting service providers in the Nordic region
Top Employer Status Recognized as a Top Employer in Norway for eleven consecutive years

Financial Highlights

TCS reported consolidated revenues exceeding $30.00 billion for the fiscal year ended March 31, 2025.

This partnership between TCS and SINTEF represents a significant step towards harnessing the power of AI for social good, particularly in addressing the challenges of an aging population. As the collaboration progresses, it holds the potential to set new standards in elderly care and pave the way for innovative solutions in other sectors crucial to societal well-being.

Historical Stock Returns for Tata Consultancy Services

1 Day5 Days1 Month6 Months1 Year5 Years
-0.81%+3.18%+3.30%-11.62%-25.15%+16.92%
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TCS Shares Worth Rs. 54.07 Crores Traded in NSE Block Deal

1 min read     Updated on 10 Nov 2025, 10:04 AM
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Reviewed by
Ashish ThakurScanX News Team
Overview

Tata Consultancy Services (TCS) experienced a significant block trade on the National Stock Exchange (NSE), involving 179,971 shares. The transaction was executed at Rs. 3,004.40 per share, totaling Rs. 54.07 crores. This privately negotiated deal between two parties indicates substantial investor interest in TCS stock and may offer insights into institutional investor sentiment.

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*this image is generated using AI for illustrative purposes only.

Tata Consultancy Services (TCS), one of India's leading IT services companies, witnessed a significant block trade on the National Stock Exchange (NSE). The transaction involved approximately 179,971 shares of the company, highlighting substantial investor interest in the stock.

Block Trade Details

Parameter Value
Number of Shares 179,971
Price per Share Rs. 3,004.40
Total Transaction Value Rs. 54.07 crores

This block deal represents a notable movement in TCS shares, indicating potential shifts in institutional or large investor holdings. Block trades are typically large, privately negotiated transactions between two parties, executed outside the open market to minimize the impact on the stock price.

Significance of the Trade

The execution of this block trade at Rs. 3,004.40 per share provides a snapshot of the current valuation of TCS stock by large investors. Such transactions can sometimes offer insights into institutional investor sentiment or strategic moves by significant shareholders.

It's important to note that while block trades can be indicative of investor interest, they do not necessarily predict future stock performance or reflect the company's fundamental strength. Investors and market watchers often monitor such deals for potential signals, but they should be considered alongside other market indicators and company performance metrics.

TCS, as a key player in the Indian IT sector, continues to attract investor attention. The company's performance in the global IT services market and its strategic initiatives remain crucial factors for both institutional and retail investors to consider.

As always, investors are advised to conduct their own research and consider their investment goals before making any decisions based on market movements or block trades.

Historical Stock Returns for Tata Consultancy Services

1 Day5 Days1 Month6 Months1 Year5 Years
-0.81%+3.18%+3.30%-11.62%-25.15%+16.92%
Tata Consultancy Services
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