Latest news about Tata Consultancy Services
Tata Consultancy Services
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More news about Tata Consultancy Services
13Nov 25
TCS Expands Sovereign Cloud Footprint in East Africa through Strategic Partnerships
Tata Consultancy Services (TCS) has formed strategic partnerships with Sybyl and IxaAfrica to accelerate sovereign cloud adoption in East Africa. The collaboration aims to provide secure, locally hosted cloud solutions that comply with data protection regulations. TCS will offer expertise in sovereign cloud architecture, Sybyl will lead local implementation and support, while IxaAfrica will provide the infrastructure. This initiative is expected to ensure data sovereignty, facilitate digital transformation, and help organizations meet compliance requirements in the region.
13Nov 25
TCS Partners with Lion for AI-Powered Digital Transformation
Tata Consultancy Services (TCS) has formed a strategic partnership with Lion, a major Australian beverage company, to drive AI-powered transformation across its operations in Australia and New Zealand. TCS will manage Lion's IT landscape, transitioning from legacy systems to modern cloud infrastructure, enhancing cybersecurity, and deploying AI-enabled services. The partnership will utilize TCS Cognix™ platform to improve service resiliency, business agility, and customer experience. Key focus areas include operational cost optimization, accelerated innovation, personalized AI-driven solutions, advanced data analytics, and strategic growth management. This collaboration aims to build a more modern, resilient, and scalable digital foundation for Lion.
12Nov 25
TCS Partners with SINTEF to Revolutionize Elderly Care Using AI
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.
10Nov 25
TCS Shares Worth Rs. 54.07 Crores Traded in NSE Block Deal
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.
05Nov 25
TCS Expands 18-Year Partnership with ABB to Modernize Digital Infrastructure
Tata Consultancy Services (TCS) has announced an expansion of its long-standing partnership with ABB to modernize ABB's digital infrastructure. TCS will operationalize ABB's Future Hosting Model, focusing on modernization at scale, greater self-service and automation, cloud migration, and orchestration. The collaboration aims to streamline systems, enable predictive operations, implement faster service restoration, and ensure continuous security assurance. TCS will use its AI-powered ZeroOps framework and leverage a cloud-first approach to reduce carbon footprint. This expansion builds on an 18-year relationship between the two companies.
04Nov 25
TCS Inks Five-Year Digital Transformation Deal with UK's Morrisons
Tata Consultancy Services (TCS) has entered a five-year partnership with Morrisons, a major UK supermarket chain, to enhance customer experience and operational efficiency. TCS will provide end-to-end engineering services, implement AI-powered solutions, set up an automation factory, and establish a Business Intelligent Command Centre. The collaboration aims to align operations across retail, e-commerce, and marketing, improve the loyalty program, and accelerate growth. Expected outcomes include reduced service disruptions, improved response time, and faster delivery of new digital products.
30Oct 25
TCS and Tata Motors Join Forces for Groundbreaking Sustainability Reporting Project
TCS and Tata Motors have formed a five-year partnership to enhance sustainability reporting and reduce environmental impact. The collaboration will use TCS Intelligent Urban Exchange™ (IUX) to power Tata Motors' Prakriti platform, focusing on ESG data automation and real-time monitoring. This initiative aims to streamline compliance reporting, provide data-driven insights, and support Tata Motors' goals of achieving net-zero emissions for passenger vehicles by 2040 and commercial vehicles by 2045. The partnership sets a new benchmark for sustainability practices in the automotive industry, addressing current regulatory requirements and positioning both companies at the forefront of sustainable business practices.
30Oct 25
TCS Launches AI-Focused Subsidiary Hypervault AI Data Center with ₹7.5 Crore Investment
Tata Consultancy Services (TCS) has established a new wholly-owned subsidiary, Hypervault AI Data Center Limited, with an initial investment of ₹7.5 crore. The company purchased 75 lakh shares at ₹10 per share. Incorporated on October 29, 2025, Hypervault will focus on Artificial Intelligence and Sovereign Data Centers, aiming to provide advanced infrastructure and technology-enabled services in the Technology Infrastructure sector. This strategic move positions TCS to enhance its AI capabilities and develop specialized sovereign data center solutions.
26Oct 25
TCS Refutes Telegraph Report on M&S Contract, Clarifies Service Continuity
Tata Consultancy Services (TCS) has issued a clarification regarding an article published by The Telegraph in the UK about its relationship with Marks & Spencer (M&S). TCS stated that the article contained inaccuracies about the contract size and service continuity. The company explained that M&S's decision to change service desk providers resulted from a competitive RFP process initiated in January 2025, before a cyber incident in April 2025. TCS emphasized that it continues to work with M&S as a strategic partner in numerous areas, and the service desk contract represents only a small portion of their engagement. Regarding the cyber incident, TCS confirmed that its network scans showed the vulnerabilities did not originate from its systems and clarified that it does not provide cybersecurity services to M&S.
17Oct 25
TCS Shares Worth ₹76.07 Crores Traded in NSE Block Deal
Tata Consultancy Services (TCS) experienced a significant block trade on the National Stock Exchange (NSE). The transaction involved 256,514 shares at ₹2,965.60 per share, totaling ₹76.07 crores. This large-scale trade indicates potential institutional interest or significant shareholder movement, although the specific parties involved were not disclosed. Block trades of this magnitude often attract market attention but don't necessarily reflect changes in the company's fundamentals or overall market sentiment.
15Oct 25
TCS Unveils Bold AI Strategy and Extends Partnership with UK's Kingfisher Plc
TCS announced a five-pillar strategy to become the world's largest AI-led technology services company. The strategy includes internal AI transformation, service line reimagination, future-ready talent model, AI-centric client solutions, and AI ecosystem play. TCS plans to create a new subsidiary for a sovereign AI data center in India with a 1 gigawatt capacity. The company extended its partnership with Kingfisher Plc, focusing on enhancing operational efficiency through automation and AI deployment. TCS reported Q2 FY2026 results with 0.80% revenue growth and 25.20% operating margin.
15Oct 25
TCS and Kingfisher Plc Launch Joint Innovation Office to Drive AI-Powered Transformation
Tata Consultancy Services (TCS) has extended its 15-year partnership with Kingfisher Plc to drive AI-powered transformation across the retailer's operations. The collaboration includes establishing a joint innovation and automation office, focusing on AI and automation to enhance efficiency and reduce costs. TCS will implement domain-focused application support, AI-powered IT operations using ignio™, and a generative AI solution for proactive IT system management. This partnership aims to improve Kingfisher's operational efficiency, reduce costs, and enhance customer experience across its 1,900+ stores in seven countries.
14Oct 25
TCS Expands Google Cloud Partnership and Addresses Workplace Allegations
TCS has announced a significant expansion of its partnership with Google Cloud, focusing on AI integration for enterprise solutions. The company will adopt Google Cloud's Gemini Enterprise platform to develop AI agents and custom solutions for clients across various sectors. TCS has also established Gemini Experience Centres globally. In a separate development, TCS denied allegations made by an anonymous Reddit user regarding workplace toxicity and Diwali leave denial, labeling them as false.
14Oct 25
TCS Announces Rs 11 Interim Dividend, Sets October 14 as Last Purchase Date
Tata Consultancy Services (TCS) has declared a second interim dividend of Rs 11.00 per equity share for FY2026. The last purchase date for dividend eligibility is October 14, with the record date set for October 15. The total dividend payout amounts to Rs 3,980.00 crore. TCS previously distributed Rs 11.00 as its first interim dividend for FY26. The company's stock has experienced a 27.00% decline both year-to-date and over the past 12 months. Resident individual investors should note that dividend income exceeding Rs 5,000.00 annually is subject to 10% TDS.
13Oct 25
TCS Q2 Results: Muted Dollar Revenue Growth Amid IT Sector Headwinds
TCS reported Q2 results largely meeting market expectations, with strong deal wins but muted dollar revenue growth. The company is investing in data centers to address H-1B visa concerns. The IT sector faces challenges including protectionist trends and uncertain revenue visibility. TCS maintains an attractive forward P/E ratio of ~22x, but investor sentiment remains cautious. The banking sector is experiencing margin pressure and slowing deposit growth, while the market shows a preference shift towards auto stocks over financials.
10Oct 25
TCS Q2 Profit Rises 1.4% to ₹12,075 Crore Amid Sluggish IT Demand
Tata Consultancy Services (TCS) reported a 1.4% year-on-year increase in Q2 net profit to ₹12,075.00 crore, falling short of analyst estimates. Revenue grew 3.7% quarter-on-quarter to ₹65,799.00 crore. Operating margin improved to 25.2%. The company declared a second interim dividend of ₹11.00 per share. TCS announced plans to create a new AI infrastructure business entity and aims to establish a 1 GW capacity AI datacenter in India. The company is focusing on AI-led transformation to navigate challenging market conditions and slowdown in IT spending.
10Oct 25
TCS Announces $10 Billion in Quarterly Contract Wins, Aims to Become World's Largest AI-Led Services Provider
Tata Consultancy Services (TCS) is implementing an AI-driven transformation strategy across all business operations, aiming to become the world's largest AI-led services provider. The company reported $10 billion in total contract value for the quarter, with AI elements in nearly every client engagement. TCS has trained over 160,000 employees in AI tools and plans to expand into data centres, targeting one gigawatt of capacity in India. The company reported 0.80% constant currency revenue growth and improved operating margins by 70 basis points. TCS added over 18,000 employees and announced plans to create 5,000 new jobs in the UK over the next three years.
09Oct 25
TCS Sets Course to Become World's Largest AI-Led Technology Services Company with Strong Q2 Performance
TCS announced Q2 FY24 results with consolidated revenue of ₹65,799.00 crore, up 3.7% QoQ. Net profit reached ₹12,075.00 crore, growing 8.4% YoY. Operating margin expanded to 25.2%. CEO K Krithivasan revealed plans to become the world's largest AI-led technology services company, including establishing a new AI infrastructure entity and building a 1 GW AI data center in India. TCS acquired ListEngage for $72.80 million and secured major deals, including a €550.00 million contract with Tryg. The company declared a second interim dividend of ₹11.00 per equity share.
09Oct 25
TCS Reports Strong Q2 Performance, Announces AI Initiatives and Provides Workforce Update
TCS reported robust Q2 FY2026 results with a record $10 billion order book. Revenue grew 3.70% QoQ to ₹65,799.00 crore, while EBIT increased 6.60% to ₹16,336.00 crore. EBIT margin expanded by 68 bps to 24.83%. The company showed growth across all sectors, with Life Sciences and Healthcare leading at 3.4% QoQ growth. TCS announced plans to establish a subsidiary for AI and sovereign data centers in India, targeting 1GW capacity in 5-7 years. The acquisition of Listening Midco was completed for $72.8 million. TCS confirmed its systems were unaffected by recent cyberattacks and reported that only 1% of planned 2% layoffs have been implemented.
09Oct 25
TCS Reports Q2 Revenue Growth, Beats Analyst Estimates
Tata Consultancy Services (TCS) reported quarterly revenue of ₹65,799.00 crore, surpassing both the previous year's figure of ₹63,437.00 crore and analyst estimates of ₹65,114.00 crore. The company recommended an interim dividend of ₹11.00 per share, demonstrating financial strength and commitment to shareholder value.
09Oct 25
TCS Reports Q2 Net Profit of ₹12,075 Crore, Addresses H-1B Visa Concerns
TCS reported a consolidated net profit of ₹12,075 crore for Q2, down 5.4% from Q1. Revenue grew 3.7% QoQ to ₹65,799 crore. The company saw its first constant currency revenue growth in three quarters at 0.80%. TCS reduced its workforce by 1% at mid and senior levels, with total headcount falling below 600,000. The company dismissed concerns about the new $100,000 annual H-1B visa fee, stating it has only 500 associates in the US on H-1B visas.
08Oct 25
TCS Cancels Q2 Earnings Press Conference, Honoring Ratan Tata's Anniversary
Tata Consultancy Services (TCS) has cancelled its Q2 earnings press conference, scheduled for October 9, due to its coincidence with Ratan Tata's anniversary. The analyst call will proceed as planned, where financial performance and management commentary will be shared. This is the second consecutive year TCS has cancelled its Q2 press conference. The Q2 results are highly anticipated as they are expected to provide insights into global IT sector demand, including impacts of H1-B visa price hikes, recovery in discretionary spending, staffing challenges, and cautious client spending.
07Oct 25
IT Employees Body Challenges TCS Layoffs, Calls for Investigation
Tata Consultancy Services (TCS) is facing opposition from the Nascent Information Technology Employees Senate (NITES) over its decision to lay off approximately 2% of its global workforce, affecting 12,261 employees. NITES challenges the legality of these layoffs, arguing that TCS violated the Industrial Disputes Act by forcing resignations to bypass legal retrenchment procedures. The layoffs primarily impact middle and senior-grade employees, many in their 40s and 50s with specialized skills. NITES has appealed to Maharashtra's Chief Minister to investigate the terminations, ensure employee rights, halt further layoffs, and hold company management accountable.
07Oct 25
TCS Q2 Preview: Steady Margins Expected Amid H-1B Visa Fee Concerns
TCS is set to announce Q2 FY24 results on October 9. Analysts project moderate growth with revenue expected at Rs 65,206 crore (+1% YoY) and profit at Rs 12,568 crore (+6% YoY). EBIT margin is anticipated at 24.53% (+0.08% QoQ). Positive factors include forex gains and reduced BSNL impact, while wage hikes and new H-1B visa fees may offset gains. Key focus areas include demand outlook, restructuring initiatives, headcount trends, and deal wins projected between $7-9 billion.
03Oct 25
US Senators and IT Union Scrutinize TCS Over Layoffs and H-1B Hiring Practices
TCS faces inquiries from US Senators and an Indian IT union over its employment practices. US Senators question TCS's layoffs of American workers while being a major H-1B visa applicant. In India, NITES accuses TCS of forcing over 2,500 employees to resign. TCS is also under EEOC investigation for allegedly favoring younger South Asian H-1B visa holders over older American workers. TCS denies NITES' allegations, stating only a limited number of employees were affected by skill realignment.
01Oct 25
IT Union Alleges TCS Forced 2,500 Pune Employees to Resign, Company Denies Claim
The Nascent Information Technology Employees Senate (NITES) has accused Tata Consultancy Services (TCS) of forcing approximately 2,500 employees in Pune to resign. NITES claims TCS violated the Industrial Disputes Act by not providing government notice or statutory retrenchment compensation. The affected employees are reportedly mid- to senior-level professionals with 10-20 years of service. TCS denies these allegations, stating only a limited number of employees were affected by a skill realignment initiative and received due care and severance. This comes after TCS's June announcement of plans to lay off about 2% of its global workforce.
30Sept 25
TCS Refutes Claims of 80,000 Layoffs, Confirms 2% Workforce Reduction Plan
Tata Consultancy Services (TCS) has denied social media rumors of 80,000 layoffs, clarifying its actual plan to reduce its global workforce by about 2%, impacting around 12,000 employees. This reduction is part of TCS's strategy to become 'future-ready' and includes reskilling programs and workforce realignment. TCS currently employs 613,069 people globally and added 5,000 employees in the June quarter. The company's HR leadership will change in 2025, with Mr. Sudeep Kunnumal set to replace Mr. Milind Lakkad as Chief Human Resources Officer.
26Sept 25
UK Trade Panel Probes TCS Over Client Cyber Attacks
Tata Consultancy Services (TCS) is facing an inquiry from the UK's Business and Trade Committee after cyber attacks on three high-profile clients: Jaguar Land Rover, Marks & Spencer, and Co-op. The committee demands explanations about TCS's service scope, internal investigations, and contract details, especially for Critical National Infrastructure sectors. The M&S attack allegedly involved a ransomware email from a TCS employee's account. JLR's attack began on August 31, while M&S and Co-op were targeted in April. TCS must respond by September 29, with potential implications for the IT services industry and cybersecurity standards.
25Sept 25
TCS Shares Plummet to 52-Week Low, Shedding ₹80,000 Crore in Market Cap
Tata Consultancy Services (TCS) shares have fallen to a 52-week low, losing nearly ₹80,000 crore in market cap over five trading sessions. The stock has dropped 35% from its December peak, making it the worst performer on the Nifty IT index. This decline is part of a broader trend in the Indian IT sector, with companies collectively losing ₹2 lakh crore following new U.S. H-1B visa norms. Despite the downturn, analyst sentiment remains mixed, with 33 buy, 13 hold, and 6 sell recommendations. JPMorgan has upgraded TCS to 'overweight' with a ₹3,800 target, citing expected growth recovery from H2 FY2026.
25Sept 25
TCS Shares: Block Trade Worth Rs. 88.99 Crores Executed on NSE
A significant block trade of Tata Consultancy Services (TCS) shares occurred on the National Stock Exchange. The transaction involved 301,365 TCS shares traded at Rs. 2,953.00 per share, totaling Rs. 88.99 crores. The parties involved and their motivations were not disclosed. This large-scale trade has drawn attention from market observers, potentially indicating shifts in institutional holdings or strategic moves by large investors.
24Sept 25
TCS Shares Worth Rs. 86.50 Crores Traded in NSE Block Deal
Tata Consultancy Services (TCS) experienced a significant block trade on the National Stock Exchange involving 283,690 shares at Rs. 3,049.20 per share, totaling Rs. 86.50 crores. The company is set to announce its second quarter results, with a press conference scheduled for 17:30 hrs IST and an earnings call at 19:00 hrs IST. TCS will provide various options for investors to participate in the earnings call, including an audio webcast and toll-free conference call facilities.
23Sept 25
TCS Denies Ex-Employee's Assault Allegations at Noida Office
A former TCS employee alleges physical assault by HR staff at the company's Noida office following termination. The ex-employee claims he was restrained and his phone snatched when he sought information about his termination. TCS has denied these allegations, calling them inaccurate and a misrepresentation of facts. The incident has sparked discussions about employee rights and termination procedures in India's IT sector.
22Sept 25
TCS to Announce Q2 Results and Consider Second Interim Dividend Amid IT Sector Challenges
Tata Consultancy Services (TCS) will release its July-September quarter earnings on October 9. The Board will also consider a second interim dividend for shareholders. This comes amid challenges in the IT sector due to U.S. policy changes. TCS's previous quarter saw a 6% YoY increase in profit and a 1.3% revenue growth. The company's stock has recently faced pressure, declining 3% following U.S. President Trump's executive order on H-1B visa fees. Despite market challenges, TCS maintains its commitment to shareholder returns, having paid Rs 11 per share as its first interim dividend this fiscal year.
22Sept 25
TCS Sets Date for Q2 Financial Results Review, Considers Second Interim Dividend
Tata Consultancy Services (TCS) has announced a board meeting on October 9, 2025, to review and approve Q2 and half-yearly financial results ending September 30, 2025. The board will consider declaring a second interim dividend, with the record date set for October 15, 2025. TCS has also announced a trading window closure from September 23 to October 11, 2025, in compliance with insider trading prevention regulations.
20Sept 25
TCS Secures Second Place in H-1B Visa Approvals Amid New $100,000 Annual Fee
TCS has become the second-largest recipient of H-1B visas with 5,505 approvals, following Amazon's 10,044. The Trump administration has announced a new annual fee of $100,000 for H-1B visas, citing program abuse. Concerns over the H-1B program's impact on the U.S. job market include a doubling of foreign STEM workers since 2000 and a 36% wage discount for H-1B entry-level positions compared to traditional workers. Despite debates, USCIS has reached the congressionally mandated caps of 65,000 regular H-1B visas and 20,000 advanced degree exemptions.
19Sept 25
TCS Integrates NVIDIA AI to Revolutionize Retail Solutions
Tata Consultancy Services (TCS) has partnered with NVIDIA to integrate accelerated computing into its retail solutions. TCS has embedded NVIDIA AI Enterprise software into its platforms like TCS Optumera™ and TCS Omnistore™. This collaboration aims to help retailers adopt AI capabilities at lower costs, potentially saving up to 75% in operational expenses. The partnership offers solutions including generative AI for content creation, video analytics for inventory management, and real-time competitor pricing insights. Expected benefits include reduced inventory loss, lower customer wait times, and revenue uplift through dynamic pricing. The collaboration also introduces innovative solutions such as Scalable Enterprise Generative AI Adoption, Stores of the Future, AI Competitor DataBureau, and Retail Simulation-as-a-Service.
19Sept 25
TCS Shares Worth Rs. 73.98 Crores Traded in NSE Block Deal
TCS witnessed a significant block trade on NSE involving 234,219 shares at Rs. 3,158.50 per share, totaling Rs. 73.98 crores. The company recently received recognition for market-leading growth from Everest Group. TCS has also deepened its collaboration with Vodafone Idea to transform the telecom provider's business support system using AI-driven platforms. TCS continues to strengthen its global market position, ranking as the world's second-largest IT services brand with a valuation exceeding $20 billion.
18Sept 25
TCS Clinches Everest Group's 2025 Growth Honor for Market-Leading Performance
Tata Consultancy Services (TCS) has been awarded the Growth Honor of the Year at Everest Group's 2025 Elevate Honors for its market-leading constant-currency revenue growth among global service providers with revenues over $5 billion. TCS achieved a total contract value of $39.40 billion and revenues of $30.00 billion. The company has appointed a Chief AI Officer to enhance its AI capabilities. TCS has become the world's second-largest global IT services brand, valued at $21.30 billion, representing an 826% growth in brand value over 15 years. The company's influence spans across banking, communications, entertainment, and retail sectors, with its technology being used by major global companies in these industries.
18Sept 25
TCS and Vodafone Idea Forge Five-Year Partnership for AI-Powered Customer Experience Platform
Tata Consultancy Services (TCS) has entered a five-year partnership with Vodafone Idea (Vi) to enhance customer experience through an AI-driven platform. The collaboration aims to transform Vi's business support system using TCS HOBS™ and TCS TwinX™ technologies. This initiative will create a unified platform to accelerate service delivery, ensure resilient performance, and provide personalized customer interactions. The partnership leverages TCS's extensive experience in the telecommunications sector and aligns with their vision of advancing India's digital landscape.
17Sept 25
TCS and Qualcomm Join Forces to Establish AI Innovation Lab in Bengaluru
TCS and Qualcomm are establishing the 'TCS Innovation Lab' in Bengaluru to develop AI solutions, focusing on Edge AI and Software Defined Everything (SDx) technologies. The lab will be part of the IoT-focused 'Bringing Life to Things' Network lab, equipped with 5G private network infrastructure. It aims to create smart, scalable, and sustainable Edge AI capabilities for industries like security, healthcare, smart infrastructure, and manufacturing. The collaboration will develop customized, low-cost solutions for intelligent devices, enabling real-time processing and rapid prototyping of Edge AI capabilities. The partnership builds on previous joint projects, including a successful automotive visual anomaly detection system.
16Sept 25
TCS Forges Strategic Partnership with ARN Media to Revolutionize Australian Audio Entertainment
Tata Consultancy Services (TCS) has formed a multi-year partnership with ARN Media, a leading Australian audio entertainment company. TCS will modernize ARN's IT operations, streamline business processes, and enhance digital engagement. The collaboration includes application portfolio rationalization, IT infrastructure support, and technology services across various business functions. ARN Media, reaching 8 million people weekly through radio and 6.8 million monthly through podcasts, aims to strengthen its position as Australia's leading All Audio company. This partnership is expected to create a future-ready digital foundation for ARN, enabling data-driven decision-making and personalized content delivery.
15Sept 25
TCS Inks Strategic Partnership with The Warehouse Group for IT Transformation
Tata Consultancy Services (TCS) has formed a strategic partnership with The Warehouse Group (TWG), a major New Zealand retailer, to lead its digital transformation. The collaboration aims to modernize technology, streamline operations, and reduce costs by up to $40 million over five years. TCS will focus on platform consolidation, maximizing existing investments, and simplifying the IT landscape. The partnership also includes workforce development through digital and AI upskilling programs. This initiative is expected to enhance TWG's operational efficiencies and allow internal teams to focus on delivering value to customers and shareholders.
12Sept 25
TCS Teams Up with C-DAC to Boost India's Cloud Infrastructure with AI-Driven Solutions
Tata Consultancy Services (TCS) has formed a strategic partnership with the Centre for Development of Advanced Computing (C-DAC) to enhance India's cloud infrastructure. The collaboration aims to develop indigenous technologies and AI-driven cloud solutions tailored for India's needs. This initiative is expected to improve public service delivery, streamline government operations, and accelerate digital transformation in the country. The partnership highlights a synergy between private sector expertise and government resources, contributing to India's technological self-reliance and innovation in the public sector.
11Sept 25
TCS Unveils Chiplet-Based System Engineering Services to Boost Semiconductor Development
Tata Consultancy Services (TCS) has introduced chiplet-based system engineering services to accelerate semiconductor development. This strategic move aims to assist chip makers in creating faster and more efficient semiconductors using a modular approach. The chiplet technology offers advantages such as improved performance, enhanced efficiency, increased flexibility, and potential cost-effectiveness. This launch is significant as India's semiconductor market is expected to double by 2030, positioning TCS as a key player in the evolving global tech landscape.
10Sept 25
TCS Study: AI and Digital Twins Set to Revolutionize Aerospace Sector by 2035
TCS has released a study on the future of the aerospace industry, highlighting the transformative impact of AI and digital twin technologies by 2035. Key findings include the emergence of hybrid human-AI manufacturing processes, significant advancements in Maintenance, Repair, and Operations (MRO) technologies, and ongoing digital transformation in the sector. The study suggests these changes will have major implications for manufacturers, maintenance providers, airlines, operators, and technology providers in the aerospace industry.
09Sept 25
TCS Partners with CEA to Boost Physical AI Research and Innovation in France
Tata Consultancy Services (TCS) has formed a strategic partnership with CEA to accelerate research and innovation in Physical AI solutions in France. The collaboration focuses on developing versatile robots, advanced human-robot collaboration systems, and socially assistive robots. This partnership aims to leverage CEA's expertise in digital transformation and TCS's domain knowledge to deliver scalable AI-driven solutions for industrial use cases. The initiative will utilize the TCS Pace Port™ Paris research and innovation centre to accelerate solution development.
08Sept 25
TCS Executes Block Trades Worth Rs. 316.16 Crores on NSE
Tata Consultancy Services (TCS) conducted two significant block trades on the National Stock Exchange (NSE), involving a total of 1,042,571 shares. The first trade comprised 233,359 shares at Rs. 3,028.00 per share, totaling Rs. 70.66 crores. The second trade involved 809,212 shares at Rs. 3,033.80 per share, amounting to Rs. 245.50 crores. The combined value of these transactions reached Rs. 316.16 crores.
05Sept 25
TCS to Develop AI-Enabled Financial Management System for Odisha Government
TCS has been awarded a contract by the Government of Odisha to develop IFMS 3.0, an advanced AI-enabled Integrated Financial Management System. The system will use cloud-native technologies and microservices architecture to automate public finance workflows. It features TCS's AI Workbench for enhanced user experience and automated tasks. IFMS 3.0 offers real-time financial visibility, improved data precision, streamlined budgeting, and advanced reporting tools. This project is part of TCS's commitment to accelerating India's digital transformation.
03Sept 25
TCS Partners with IIT Kanpur for AI-Driven Urban Planning Solutions
TCS and IIT Kanpur have announced a partnership to develop AI-driven urban planning solutions for sustainable and eco-friendly cities. The collaboration aims to leverage AI technology to analyze urban data, including traffic patterns, energy consumption, and waste management, to create more efficient and sustainable urban development practices. This initiative showcases TCS's commitment to using technology for societal benefits and has the potential to impact urban planning globally.
02Sept 25
TCS Secures €550 Million Contract with Tryg, Rolls Out 4.5-7% Salary Hikes
TCS has signed a €550 million, seven-year agreement with Tryg, a Scandinavian insurance company, to streamline IT operations across Denmark, Sweden, and Norway. The company has also implemented salary increases ranging from 4.50% to 7.00% for most employees, with top performers receiving hikes exceeding 10.00%. The salary revisions come after TCS initially deferred pay hikes and eliminated about 12,000 positions. The company reported a 13.80% attrition rate in its June quarter results.
28Aug 25
TCS Launches Dedicated AI Unit and Partners with Unilab for Cloud Upgrade
TCS has established a new AI and services transformation unit, appointing Amit Kapur as its head. The company has also partnered with Unilab to implement a cloud-based enterprise upgrade. These moves come as TCS faces challenges from reduced client spending and potential AI disruption in the outsourcing industry. The company recently announced plans to reduce its workforce by 12,000 employees.
26Aug 25
TCS Appoints Amit Kapoor as Chief AI Officer, Reports Q1 Revenue Decline
TCS has appointed Amit Kapoor as Chief AI & Services Transformation Officer to lead a new global AI unit, consolidating existing AI and data teams. This restructuring aims to accelerate innovation and digital transformation. Simultaneously, TCS reported Q1 financial results below market expectations. Revenue in rupee terms decreased by 1.60% QoQ to ₹63,437.00 crore, while US dollar revenue fell by 0.60% to $7,421.00 million. Constant currency revenue declined by 3.30% QoQ, surpassing the expected 1.40% decline.
26Aug 25
TCS Shares Worth Rs. 127.16 Crores Traded in NSE Block Deal
Tata Consultancy Services (TCS) experienced a major block trade on the National Stock Exchange (NSE). The transaction involved 403,147 TCS shares traded at Rs. 3,154.30 per share, totaling Rs. 127.16 crores. This large-scale trade, typically executed between institutional investors or high net worth individuals, may potentially influence the stock's price and liquidity.
20Aug 25
TCS Denies 30,000 Layoff Claims, Confirms 12,000 Job Cuts Amid Union Protests and Announces Partnership with Finnish Retail Giant Kesko
TCS refutes claims of 30,000 layoffs, stating restructuring affects only 2% of its global workforce. Simultaneously, TCS announces a strategic partnership with Finnish retail giant Kesko for digital transformation across the Nordics and Baltics. The multi-year collaboration aims to leverage AI and intelligent automation to modernize Kesko's operations, improve efficiency, and enhance customer experiences across multiple countries.
19Aug 25
TCS Executes ₹167.86 Crore Block Trade and Unveils AI-Powered Operations Center in Latin America
Tata Consultancy Services (TCS) executed a block trade on NSE worth ₹167.86 crores, involving 556,246 shares at ₹3,017.80 each. The company also launched an AI-enhanced operations center in Mexico City, its eighth in Mexico. The new facility will focus on AI-driven operations and innovation, offering solutions in AI, cloud, cybersecurity, IoT, IT infrastructure, application development, and cognitive business operations. This expansion is part of TCS' growth strategy in Latin America, aiming to generate employment and serve as an innovation hub. TCS has been in Mexico for 22 years, employing over 11,000 associates and serving more than 400 major clients in the region.
19Aug 25
TCS Expands Latin American Presence with New AI-Enhanced Operations Center in Mexico City
Tata Consultancy Services (TCS) has launched a new artificial intelligence-driven operations center in Mexico City, its eighth in the country. The center will focus on AI, cloud computing, cybersecurity, IoT, IT infrastructure, and application development. TCS plans to create significant employment opportunities over the next two years, adding to its 11,000-strong workforce in Mexico. The company serves over 400 clients in Latin America and has been recognized as a top employer in the region. This expansion is part of TCS's global strategy, with operations in 55 countries and a workforce exceeding 600,000 consultants.
17Aug 25
TCS Shares Plunge 34% from Peak, Erasing ₹5.66 Lakh Crore in Market Value
Tata Consultancy Services (TCS) has experienced a significant 34% drop in stock value from its peak of ₹4,585.90, resulting in a ₹5.66 lakh crore loss in market value. The company's market capitalization has shrunk from ₹16.59 lakh crore to ₹10.93 lakh crore. Factors contributing to this decline include weak global IT services demand, disruption from generative AI, and mixed quarterly results. Foreign Institutional Investors have reduced their stake, while mutual funds have increased theirs. The broader IT sector is also affected, with the Nifty IT index dropping 25%. TCS has responded by reducing its workforce by 2%. Despite challenges, some analysts maintain a positive outlook, with BNP Paribas rating TCS as Outperform.
11Aug 25
TCS Partners with Now Corporation to Boost Philippines' Digital Infrastructure
TCS has formed a strategic partnership with Now Corporation's telecom arm, Now Telecom, to enhance the Philippines' digital infrastructure and promote financial inclusivity. The collaboration focuses on developing a Sovereign Data Cloud, improving cybersecurity, expanding financial services accessibility, enabling operational interoperability, building resilience against cyber threats, and reducing foreign dependency on critical systems. This partnership is part of the Trusted Network Initiative (TNI) and aims to strengthen the country's national digital sovereignty while creating new avenues for economic growth and citizen empowerment.
08Aug 25
TCS Cuts 12,000 Jobs as AI Transformation Looms Over India's Outsourcing Sector
Tata Consultancy Services (TCS) has reduced its workforce by over 12,000 employees, about 2% of its 613,000 staff. The company cites skill mismatches as the reason, but industry experts view this as a sign of broader AI-driven changes. Analysts predict 400,000 to 500,000 job cuts in India's $283 billion outsourcing sector over the next 2-3 years due to AI. The industry, employing 5.67 million people and contributing over 7% to India's GDP, faces significant transformation. Mid-career professionals with 4-12 years of experience are most at risk. TCS is investing in new technologies and realigning its workforce to be 'future-ready' in response to client demands for increased productivity and cost optimization.
06Aug 25
TCS Announces Wage Hikes for 80% of Workforce Amid Plans for 12,000 Layoffs
Tata Consultancy Services (TCS) has announced salary increases for about 80% of its workforce, primarily mid to junior level employees, effective September 1. Simultaneously, the company plans to lay off approximately 12,000 employees, or 2% of its global workforce, mainly affecting middle and senior-grade positions. TCS frames these actions as part of its strategy to become 'future-ready,' focusing on technology investments, AI deployment, market expansion, and workforce realignment. These moves come amid industry challenges including single-digit revenue growth, macroeconomic instability, and AI-led disruptions.
05Aug 25
TCS Secures 5-Year Contract Extension with Weatherford for AI-Driven Transformation
TCS has renewed and expanded its partnership with Weatherford International for five years. The collaboration focuses on driving enterprise-wide business transformation using AI and digital optimization in finance, supply chains, and human resources. TCS will introduce advanced AI-driven solutions to streamline processes, reduce costs, and improve scalability. The partnership operates on an outcome-based model, with TCS expanding its role to include strategic transformation advisory services. Previously, the partnership achieved a 50% reduction in Weatherford's total cost of ownership across mission-critical operations.
05Aug 25
TCS Expands AI-Driven Partnership with Weatherford International
Tata Consultancy Services (TCS) has extended its partnership with Weatherford International for five years, focusing on AI-driven business transformation. TCS will implement advanced AI solutions to optimize Weatherford's finance, supply chain, and HR operations. The collaboration aims to enhance efficiency, reduce costs, and improve scalability. It has already achieved a 50% reduction in Weatherford's total cost of ownership across critical operations. TCS will provide advisory services to simplify workflows and enable outcome-based strategies for increased agility.
04Aug 25
TCS Employee Protests Salary Suspension Outside Pune Office
A TCS employee, Sourabh More, protested outside the company's Pune office due to salary suspension for unauthorized leave. More claims his ID was deactivated and salary withheld for months. TCS states the suspension followed standard procedures. The company has provided accommodation for More and is working to resolve the issues, including considering his reinstatement request.
29Jul 25
TCS Shares Hit 52-Week Low Amid 12,200 Employee Layoff Announcement
Tata Consultancy Services (TCS) shares dropped to a 52-week low of ₹3,041.20, trading down 1.10% at ₹3,045.30. The company announced plans to lay off about 12,200 employees, representing 2% of its global workforce, primarily targeting mid and senior-level staff. TCS has implemented stricter performance metrics, requiring 225 billable days annually and capping bench time at 35 days. The layoffs come as TCS faces pressure from weak macroeconomic conditions and changing client demands. In its recent quarterly report, TCS posted revenue of ₹634.30 billion, below consensus estimates of ₹646.50 billion. Management described the move as a strategic realignment rather than AI-driven cuts. The news has contributed to increased market volatility, with India VIX rising nearly 7%.
29Jul 25
TCS Shares Worth ₹88.46 Crore Change Hands in NSE Block Deal
A significant block trade of Tata Consultancy Services (TCS) shares occurred on the National Stock Exchange (NSE). The transaction involved 288,606 shares at ₹3,065.20 per share, totaling ₹88.46 crore. This large-scale trade highlights the continued investor interest in TCS, India's leading IT services company, amidst global economic uncertainties in the tech sector.
29Jul 25
TCS Layoffs Spark Selloff in Indian Real Estate Stocks
Indian real estate stocks experienced a broad-based decline following news of layoffs at Tata Consultancy Services (TCS). All 10 constituents of the real estate index recorded declines, with Lodha Developers falling 6.31%, Godrej Properties 5.44%, Brigade Enterprises 4.41%, and DLF 4.30%. TCS plans to reduce its workforce by about 2%, affecting around 12,000 employees. The Bengaluru market is expected to face the most immediate impact, with potential effects in Mumbai and Hyderabad. The Nifty Realty Index has dropped over 26% from its peak. Despite market turbulence, some analysts maintain optimism for residential developers due to attractive valuations. The Reserve Bank of India's recent 50 basis point interest rate cut could potentially offset some negative sentiment by making home loans more affordable.
27Jul 25
TCS to Trim 2% of Global Workforce in Strategic 'Future-Ready' Transformation
Tata Consultancy Services (TCS) plans to reduce its global workforce by 2% over the next year, focusing on middle and senior-grade employees in international markets. This decision is part of a broader strategic transformation to become 'Future-Ready'. TCS emphasizes that client service delivery will not be affected. The company is implementing support measures for affected employees, including reskilling programs and redeployment opportunities. This move aligns with industry trends in digital transformation and AI integration.
23Jul 25
TCS Under Scrutiny for Delaying Onboarding of Over 600 Experienced Hires
TCS is under scrutiny for postponing the joining dates of over 600 experienced lateral hires, with experience levels ranging from 2 to 18 years. NITES, an employee rights group, has filed a complaint with the Labour Minister seeking government intervention. TCS attributes the delays to shifting deal-closure dates and evolving business requirements but commits to honoring all offers. This issue is not isolated, as TCS faced a similar situation in 2023 with 200 workers. The broader IT services industry in India has also grappled with delayed onboarding challenges, particularly post-pandemic.
16Jul 25
TCS Announces 100% Variable Pay for Majority of Employees Amid Revenue Pressure
Tata Consultancy Services (TCS) announced that over 70% of its employees will receive 100% of their variable pay for the quarter, despite facing a 3.30% quarter-on-quarter decline in constant currency revenue. The company added 5,060 employees, bringing its total workforce to nearly 613,000. TCS reported revenue of ₹63,437 crore, a 1.60% decrease compared to the previous quarter.
16Jul 25
TCS Block Trade: 140,909 Shares Change Hands for Rs. 45.58 Crores
Tata Consultancy Services (TCS) experienced a significant block trade on the NSE, with 140,909 shares changing hands at Rs. 3,234.60 per share, totaling Rs. 45.58 crores. Concurrently, TCS has launched a research series with MIT Sloan Management Review exploring AI-human collaboration across six industries. The study highlights AI's evolving role from adviser to architect in decision-making, introducing intelligent choice architectures (ICAs). TCS is advancing its AI capabilities, recently enhancing its GenAI platform and receiving recognition from NVIDIA for AI innovation.
15Jul 25
TCS and MIT Sloan Management Review Launch Groundbreaking AI Research Series
Tata Consultancy Services (TCS) has partnered with MIT Sloan Management Review to launch a research series on human-AI collaboration in businesses. The study, covering six industries, explores how generative and predictive AI can transform business operations. It introduces the concept of intelligent choice architectures (ICAs), where AI systems actively participate in shaping strategic decisions. The research provides industry-specific examples and insights from experts at major companies. This initiative aims to guide enterprises in integrating AI effectively, marking a shift from AI as an adviser to an architect in decision-making processes.
15Jul 25
TCS Shares: Block Trade of 242,729 Shares Executed Amid Q1 Revenue Decline
TCS experienced a significant block trade of 242,729 shares valued at Rs. 78.87 crores on the NSE, coinciding with a 3.1% year-on-year revenue decline in Q1. Despite challenges, the company reported a total contract value of $9.4 billion, up 13.2% year-on-year. CEO K Krithivasan cited global economic uncertainties and cost pressures as key factors affecting performance. TCS remains focused on AI initiatives and digital transformation partnerships to drive future growth.
15Jul 25
TCS Reports Q1 FY26 Results; Announces ₹11 Per Share Interim Dividend
TCS announced its Q1 FY26 financial results, reporting revenue of ₹63,437.00 crore, a 1.30% year-on-year growth, and net profit of ₹12,760.00 crore, up 4.00%. The company declared an interim dividend of ₹11.00 per share. Despite global economic uncertainties causing project delays, TCS maintains a strong deal pipeline with $9.40 billion in TCV. The company is focusing on AI integration, with 114,000 employees skilled in higher-order AI. While facing challenges in some sectors, TCS remains optimistic about medium to long-term prospects.
14Jul 25
TCS Q1FY26 Results: Mixed Performance with Revenue Miss, Profit Beat
TCS reported Q1FY26 revenue of ₹63,430.00 crore, down 1.60% QoQ, missing market estimates. Adjusted PAT rose 4.40% QoQ to ₹12,760.00 crore, exceeding expectations. EBIT margin improved to 24.50%. The company signed deals worth $9.40 billion and increased headcount to 613,069. An interim dividend of ₹11.00 per share was declared. Market response has been cautious, with shares dipping for two days following the announcement.
13Jul 25
TCS Prioritizes Wage Hikes for 6 Lakh+ Employees Amid Q1 Performance
Tata Consultancy Services (TCS) has announced plans to implement wage hikes for its workforce of over 600,000 employees. This decision follows the company's Q1 results, which showed a 6% increase in net non-core income. CFO Samir Seksaria stated that TCS aims to push its margins into the 26-28% range while balancing growth and profitability. The company reported an attrition rate of 13.80%, indicating a focus on talent retention. This move comes after a period of deferment due to macroeconomic challenges, signaling confidence in TCS's financial stability and future prospects.
11Jul 25
TCS Block Trade: 65,160 Shares Sold for Rs. 21.68 Crores as Q1 Results Show Resilience
TCS announced its Q1 FY2024 results alongside a block trade of 65,160 shares valued at Rs. 21.68 crores on NSE. The company reported a 1.3% YoY revenue growth to Rs. 63,437 crore and a 6.0% increase in net profit to Rs. 12,760 crore. Operating margin improved to 24.5%. TCS secured deals worth $9.4 billion TCV and declared an interim dividend of Rs. 11 per share. The company's workforce stood at 613,069 with improved retention rates. Despite global economic challenges, TCS showed resilience in its performance, particularly in new services and AI capabilities.
11Jul 25
TCS Q1: Profit Surge Amid Revenue Dip; Analysts Cut Price Targets
TCS reported a consolidated net profit of ₹12,760.00 crore for Q1, up 4.40% quarter-on-quarter, surpassing estimates. However, revenue decreased 0.60% sequentially to $7,421.00 million, falling short of expectations. The company maintained a 24.50% operating margin and declared an interim dividend of ₹11.00 per share. Deal wins increased to $9.40 billion, but analysts have reduced price targets due to soft Q1 performance. The workforce stood at 613,069 with improved retention rates.
10Jul 25
TCS Reports 3.1% Revenue Decline in Q1 FY26, Declares ₹11 Interim Dividend
TCS reported Q1 FY26 consolidated revenue of ₹63,437.00 crore, a 3.1% year-over-year decline in constant currency. Net income increased by 6.0% to ₹12,760.00 crore, with net margin improving to 20.1%. Operating margin expanded to 24.5%. The company declared an interim dividend of ₹11.00 per share. TCV of new deals stood at $9.40 billion. Workforce reached 613,069 with LTM IT services attrition at 13.8%. BFSI remained the largest revenue contributor at 32.0%. TCS is focusing on AI capabilities with 114,000 employees now having higher-order AI skills.
10Jul 25
TCS Reports Q1 Profit Growth, Declares Rs 11 Dividend Amid Global Challenges
TCS announced Q1 financial results with a 4% year-on-year increase in net profit to Rs 12,760.00 crore, despite a 1.6% revenue decline to Rs 63,437.00 crore. The company declared an interim dividend of Rs 11.00 per share. Operating margin expanded to 24.5%. TCS reported a total contract value of US$9.40 billion for Q1. The company is focusing on AI initiatives, with 114,000 employees now having higher-order AI skills. TCS's workforce stood at 613,069, with improved talent retention. BFSI remained the largest revenue contributor at 32%.
10Jul 25
TCS Reports Robust Q1 FY26 Results Amid Global Economic Uncertainties
TCS announced Q1 FY26 results with revenue of ₹63,437.00 crore, up 1.3% YoY, and net profit of ₹12,760.00 crore, up 6.0% YoY. Operating margin was 24.5%. The company secured a TCV of $9.40 billion. BFSI sector contributed 32.0% of revenue. An interim dividend of ₹11.00 per share was declared. The workforce stood at 613,069 with IT services attrition at 13.8%. CEO K Krithivasan addressed ongoing challenges, including project delays and global economic uncertainties, while expressing confidence in future growth prospects.
10Jul 25
TCS Reports Robust Q1 Performance Amid Global Uncertainties
TCS posted consolidated revenue of ₹63,437.00 crore in Q1, up 1.3% year-on-year. Net profit rose 6.0% to ₹12,760.00 crore. Operating margin improved to 24.5%. Despite global challenges, TCS secured a $9.40 billion order book. BFSI sector remained the largest revenue contributor at 32.0%. Workforce stood at 613,069 with improved retention. TCS emphasized AI capabilities with 114,000 employees skilled in higher-order AI. The company expanded strategic partnerships and secured significant client wins across sectors. An interim dividend of ₹11.00 per equity share was declared.
10Jul 25
TCS Q1 FY2026 Results: Revenue Misses Estimates, Profit Rises, ₹11 Dividend Announced
TCS reported Q1 FY2026 revenue of ₹63,437.00 crore, down 1.6% QoQ, missing estimates. Net profit rose to ₹12,760.00 crore, exceeding expectations. EBIT stood at ₹15,514.00 crore with a 24.5% margin. The company declared an interim dividend of ₹11.00 per share. TCS added 5,090 employees, bringing total headcount to 613,069, with attrition at 13.8%. The revenue decline was attributed to the BSNL project wind-down. Despite challenges, TCS improved profitability and margins.
09Jul 25
TCS Q1 Results Preview: Flat Revenue Growth Expected Amid BSNL Deal Ramp-down
TCS is set to report Q1 results on Thursday. Analysts expect flat sequential revenue growth, primarily due to the ramp-down of the BSNL deal. Key focus areas include deal wins, EBIT margin, employee headcount, BSNL deal impact, and international business growth. TCS's stock is currently trading at a discount to its 5-year average.
08Jul 25
TCS: Systematix's Top IT Pick Ahead of Q1 Results, Company Schedules Q1 FY26 Announcement
Tata Consultancy Services (TCS) has been identified as the top IT stock pick by Systematix ahead of Q1 results. TCS will announce its Q1 FY26 results on July 10, 2025, along with consideration for an interim dividend. Large-cap IT firms are expected to show USD revenue growth between -1.40% to +2.50% QoQ. The company has scheduled a press conference at 5:30 PM and an earnings call at 7:00 PM on the day of the results announcement. The trading window for designated persons has been closed since June 23, 2025, in compliance with insider trading regulations.
07Jul 25
TCS Block Trade: 202,854 Shares Change Hands in Rs. 69.47 Crore Deal
A significant block trade of 202,854 Tata Consultancy Services (TCS) shares occurred on the National Stock Exchange (NSE). The shares were traded at Rs. 3,424.80 per share, totaling a transaction value of Rs. 69.47 crores. This substantial movement in TCS stock suggests potential shifts in institutional holdings or strategic moves by large investors. The identities of the buyer and seller remain undisclosed, as is typical in block trades.
02Jul 25
TCS Shares: Block Trade of 5.4 Lakh Shares Executed for ₹185.47 Crore
A significant block trade of 539,594 Tata Consultancy Services (TCS) shares was executed on the National Stock Exchange (NSE). The transaction was valued at ₹185.47 crore, with each share priced at ₹3,437.20. This substantial trade highlights the liquidity and investor interest in TCS, India's leading IT services company. The identities of the buyer and seller were not disclosed.
27Jun 25
TCS Sets Date for Q1 FY24 Results Review
Tata Consultancy Services (TCS) has announced its Q1 results review for July 10, covering the first quarter of fiscal year 2024. The review is expected to provide insights into TCS's performance amidst global economic uncertainties. Key areas of focus for investors and analysts include revenue growth, profitability, deal wins, attrition rates, and the impact of macroeconomic factors on the business. No specific financial expectations have been disclosed ahead of the review.
23Jun 25
TCS Shares: Block Trade of 1.54 Lakh Shares Worth Rs. 52.23 Crores Executed on NSE
A significant block trade of Tata Consultancy Services (TCS) shares occurred on the National Stock Exchange. The transaction involved 1,54,102 shares traded at Rs. 3,389.40 per share, totaling Rs. 52.23 crores. This large-scale trade, likely involving institutional investors, highlights continued interest in TCS, a leading IT services and consulting company in India.
23Jun 25
TCS Expands European Footprint with Three New Innovation Hubs for Software-Defined Vehicles
Tata Consultancy Services (TCS) has announced the establishment of three new innovation hubs in Europe, focusing on software-defined vehicles. This strategic expansion aims to strengthen TCS's position in the European automotive sector and drive innovation in vehicle technology. The hubs will facilitate closer collaboration with European automakers, create job opportunities, and contribute to the digital transformation of the automotive industry. This move positions TCS as a key player in shaping the future of automotive technology in Europe.
20Jun 25
TCS Expands European Presence with Three New Hubs for Software-Defined Vehicle Innovation
Tata Consultancy Services (TCS) has established three new hubs in Europe focused on software-defined vehicle (SDV) technology. This strategic expansion aims to strengthen TCS's position in the automotive sector by advancing innovations in SDV technology. The hubs are located near major automotive manufacturers and suppliers, potentially facilitating closer collaboration and faster innovation cycles. This move enhances TCS's capabilities in the automotive sector and positions the company as a key player in shaping the future of automotive technology.
20Jun 25
TCS Shares Worth Rs. 78.69 Crores Change Hands in Block Trade
A significant block trade of 229,353 TCS shares occurred on the National Stock Exchange, valued at approximately Rs. 78.69 crores. The transaction was executed at Rs. 3,431.10 per share. While such large trades can attract market attention, they are typically pre-arranged and may not necessarily indicate a shift in overall market sentiment towards the stock.
19Jun 25
TCS Clarifies: No Systems Compromised in Marks and Spencer Incident
TCS's Independent Director Mistry addressed concerns about an incident involving client Marks and Spencer (M&S). He affirmed that no TCS systems or users were compromised, and other clients were unaffected. TCS is not involved in the ongoing, customer-led investigation of the M&S situation.
19Jun 25
TCS Faces Union Backlash Over New 225 Billing Days Policy; Chairman Absent from AGM
TCS has implemented a new policy requiring 225 billing days for employees and capping bench time to 35 days annually. The All India IT & ITeS Employees' Union (AIITEU) opposes this policy, calling it anti-worker and aimed at downsizing. TCS warns of potential disciplinary action, including termination, for non-compliance. This move could set a precedent for other IT companies in India.
18Jun 25
TCS Implements Strict New Policy: Bench Time Capped at 35 Days
Tata Consultancy Services (TCS) has introduced a new associate deployment policy with significant implications for its workforce. The policy mandates a minimum of 225 billing days annually for associates and limits bench time to 35 days per year. Non-compliance may affect pay, career progression, and job security. New recruits are expected to be assigned to projects immediately, and remote work exceptions are now strictly limited. This policy aims to optimize resource utilization and enhance productivity in the competitive IT services sector.
17Jun 25
TCS Revamps Talent Deployment Policy: 225 Billing Days Mandatory, Bench Time Capped
Tata Consultancy Services (TCS) has introduced a new talent deployment policy. Key points include: 225 mandatory billing days annually, 35-day limit on bench time, universal application to all employees including freshers, and an effective date of June 12. Non-compliance may result in disciplinary action, potentially including termination. This policy aims to maximize employee productivity and project engagement, potentially impacting work-life balance and increasing pressure to secure billable assignments.
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