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Latest news about Tata Consultancy Services

TCS to Develop AI-Enabled Financial Management System for Odisha Government 2 days ago

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.

TCS Partners with IIT Kanpur for AI-Driven Urban Planning Solutions 4 days ago

TCS Secures €550 Million Contract with Tryg, Rolls Out 4.5-7% Salary Hikes 5 days ago

TCS Launches Dedicated AI Unit and Partners with Unilab for Cloud Upgrade 10 days ago

TCS Appoints Amit Kapoor as Chief AI Officer, Reports Q1 Revenue Decline Aug 26, 2025

More news about Tata Consultancy Services

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.

17Jun 25

TCS Partners with Council of Europe Development Bank to Revolutionize Reconciliation Processes

Tata Consultancy Services (TCS) has formed a partnership with the Council of Europe Development Bank (CEB) to enhance the bank's reconciliation processes. This collaboration aims to improve operational efficiency, accuracy in financial reconciliation, and streamline banking operations. TCS is expected to implement advanced reconciliation solutions, potentially including automated tools and AI capabilities. The partnership strengthens TCS's position in the European financial services sector and demonstrates CEB's commitment to technological advancement.

16Jun 25

TCS Expands Partnerships: AI Solutions for Salling Group and Council of Europe Development Bank

TCS has announced collaborations with Salling Group, Denmark's largest retailer, and the Council of Europe Development Bank. The partnership with Salling Group focuses on AI-driven cloud migration to enhance retail operations. TCS will also implement an AI-powered reconciliation solution for the Council of Europe Development Bank using TCS BaNCS, aiming to automate processes and improve visibility.

10Jun 25

TCS Shares: Block Trade of 2 Lakh Shares Executed at Rs. 3,460 on NSE

A block trade of approximately 200,759 TCS shares was executed on the National Stock Exchange at Rs. 3,460.00 per share, totaling Rs. 69.46 crores. This transaction highlights notable market activity for the leading Indian IT services company.

09Jun 25

TCS Shares: Block Trade of 4.08 Lakh Shares Executed for ₹139.67 Crore

A substantial block trade of approximately 408,697 Tata Consultancy Services (TCS) shares was executed on the National Stock Exchange (NSE). The transaction, valued at ₹139.67 crore, occurred at a price of ₹3,417.50 per share. While the identities of the buyer and seller remain undisclosed, this high-value trade has drawn attention in the market due to its size and potential implications for TCS stock performance.

03Jun 25

TCS Shareholders: Last Day to Secure Rs 30 Final Dividend for FY2025

Tata Consultancy Services (TCS) has declared a final dividend of Rs 30.00 per share for FY2025. The last date to buy shares for dividend eligibility is June 3, with the record date set as June 4. The dividend payment is scheduled for June 24. TCS's total dividend for FY2025 amounts to Rs 126.00 per share, reflecting the company's strong financial performance and commitment to shareholder returns.

28May 25

TCS Hits $30 Billion Revenue Milestone, Embraces AI Revolution

Tata Consultancy Services (TCS) has crossed the $30 billion revenue mark in FY25, maintaining a 24.30% operating margin. The company is heavily investing in AI, aiming to have the largest AI-trained workforce by 2025. TCS is launching an enterprise-grade GenAI platform and focusing on fostering an AI-first culture. The company is also leveraging AI to transform supply chains and build resilient operations.

28May 25

TCS: CEO K Krithivasan's Compensation Rises 4.6% to ₹26.52 Crore

TCS CEO K Krithivasan's total compensation increased to ₹26.52 crore, a 4.6% rise from the previous year. The package includes ₹1.39 crore in salary, ₹2.12 crore in benefits, and ₹23 crore in commission. Despite the increase, Krithivasan's pay remains conservative compared to other major Indian IT firms. TCS also appointed Aarthi Subramanian as new COO, deferred wage hikes, but reported a 6.3% rise in median employee remuneration.

23May 25

TCS Probes Potential Role in Marks & Spencer Cyberattack

Tata Consultancy Services (TCS) has launched an internal investigation to determine if it was inadvertently involved in a cyberattack on British retailer Marks and Spencer (M&S). The attack compromised customer data and disrupted operations, causing M&S an estimated £300.00 million loss in operating profit. TCS's investigation is expected to conclude by month-end, highlighting the urgency of the matter. This incident underscores the critical role of IT service providers in maintaining client cybersecurity and the potential financial impact of such breaches.

23May 25

TCS Launches Internal Probe into Marks & Spencer Hack

Tata Consultancy Services (TCS) has initiated an internal investigation in response to a reported hack at its client, Marks & Spencer (M&S). The nature and extent of the hack are currently undisclosed. This incident raises concerns about cybersecurity measures and could potentially impact TCS's reputation and client relationships. The investigation is ongoing, with both companies expected to provide updates as it progresses.

22May 25

TCS Inks Five-Year Cloud Migration Deal with Finnish Telecom Giant DNA

Tata Consultancy Services (TCS) has entered into a five-year partnership with DNA, a leading Finnish telecommunications company, to manage their cloud migration program. TCS will be responsible for strategic planning, implementation, and overall management of DNA's transition to cloud infrastructure. This deal highlights TCS's expanding presence in the European market and its expertise in cloud services, while also representing a significant step in DNA's digital transformation journey.

21May 25

TCS Secures Rs 2,903 Crore 4G Network Contract from BSNL

Tata Consultancy Services (TCS) has received an advance purchase order worth Rs 2,903.22 crore from Bharat Sanchar Nigam Limited (BSNL) for the planning, execution, and maintenance of a 4G mobile network across 18,685 sites. The contract includes comprehensive services such as planning, engineering, supply, installation, testing, commissioning, and annual maintenance. This deal marks a significant step in India's telecom infrastructure advancement and reinforces TCS's position in the telecom solutions market. For BSNL, this represents a move towards modernizing its network infrastructure and enhancing its competitiveness.

14May 25

TCS Expands Global Footprint: AI-Powered Core Banking Modernization for Mongolia's Khan Bank

Tata Consultancy Services (TCS) has formed a strategic alliance with Khan Bank, a major Mongolian commercial bank, to modernize its digital core using the TCS BaNCS Global Banking Platform. The AI and ML-powered platform will be implemented across Khan Bank's operations, including treasury management and international payments. This partnership allows TCS to expand its presence in the Central Asian market while providing Khan Bank with advanced IT solutions to enhance operational efficiency and customer experience.

13May 25

Moody's Reaffirms TCS's Baa1 Rating, Outlook Remains Stable

Moody's Ratings has affirmed Tata Consultancy Services' (TCS) Baa1 rating with a stable outlook. This investment-grade rating reflects TCS's strong financial position, robust business model, and stability in the competitive IT services industry. The affirmation implies continued investor confidence, strong market position, and positive future prospects for TCS. It also potentially allows for lower borrowing costs and serves as a positive signal to stakeholders, especially significant given current global economic uncertainties and rapid technological changes in the IT sector.

12May 25

TCS Secures Massive Office Space in Chennai's Ozone Techno Park

Tata Consultancy Services (TCS) has leased 630,000 square feet of office space in Chennai's Ozone Techno Park for a 10-year term. The agreement includes a monthly rent of ₹2.80 crore, with a 12% increase every three years, and a security deposit of ₹25.50 crore. This strategic move signifies TCS's commitment to expanding its presence in Chennai, a key IT hub in India, and indicates potential operational growth and workforce increase in the coming years.

12May 25

TCS Expands Middle East Presence: Strategic Partnership with Dhofar Insurance for Core Platform Transformation

Tata Consultancy Services (TCS) has formed a strategic partnership with Oman's Dhofar Insurance Company to implement TCS BaNCS for Insurance solution across their operations. This collaboration aims to enhance Dhofar Insurance's operational capabilities, improve service delivery, and streamline processes for life, medical, general, and motor insurance lines. The partnership marks TCS's expansion in the Middle East's insurance technology market and showcases its commitment to driving digital transformation in diverse markets.

06May 25

TCS Unveils AI-Powered MasterCraft™ to Revolutionize Legacy System Modernization

Tata Consultancy Services (TCS) has introduced TCS MasterCraft™, a new tool leveraging generative AI and agentic AI technologies to modernize legacy systems. This innovation aims to accelerate digital transformation for enterprises by streamlining the modernization process, reducing resource requirements, and minimizing risks associated with system overhauls. The tool is expected to improve operational efficiency, enhance technology integration, and increase business agility for TCS clients.

05May 25

TCS Trims Variable Pay for Senior Employees Amid IT Industry Challenges

Tata Consultancy Services (TCS) has reduced variable pay for senior employees for the third quarter in a row, reflecting broader challenges in the IT industry to maintain margin growth. This trend is not isolated to TCS, as many IT firms are experiencing similar pressures, leading to delayed variable payouts across the sector. The move could potentially impact employee morale and talent retention in an industry known for competitive compensation.

02May 25

TCS Partners with IBM and Andhra Pradesh to Deploy India's Largest Quantum Computer

TCS, IBM, and the Government of Andhra Pradesh are collaborating to install India's largest quantum computer at the Quantum Valley Tech Park in Amaravati. The project will feature an IBM Quantum System Two with a 156-qubit Heron quantum processor. TCS will support quantum algorithm development and drive applied research across various sectors. This initiative aims to boost India's quantum computing capabilities, create high-end jobs, attract investments, and advance the country's National Quantum Mission goals.

01May 25

TCS Sets Record Date for ₹30 Per Share Final Dividend, Announces Annual General Meeting

TCS has set June 4, 2025, as the record date for a final dividend of ₹30.00 per share, subject to approval at the AGM on June 19, 2025. If approved, dividend payment will be made on June 24, 2025. TCS also completed acquisitions of two real estate subsidiaries, scheduled investor meetings, and expanded partnership with SAP for Generative AI and cloud adoption.

25Apr 25

TCS Unveils Next-Gen Deep-Tech Capabilities to Boost India's Technological Leadership

TCS has introduced a suite of advanced capabilities to support India's deep technology ambitions. Key offerings include: TCS SovereignSecure Cloud™, an indigenous secure cloud platform for government and regulated industries; TCS DigiBOLT™, an AI-powered low-code platform for digital innovation; and TCS Cyber Defense Suite, a security-as-a-service platform. These solutions aim to enhance India's digital sovereignty, accelerate AI adoption, and strengthen cybersecurity.

24Apr 25

TCS Unveils Next-Gen Deep-Tech Capabilities to Accelerate India's Digital Leadership

TCS has launched a suite of advanced capabilities to enhance India's technological leadership. The offerings include TCS SovereignSecure Cloud™, an indigenous and secure cloud platform for government and regulated industries, DigiBOLT™, an AI-powered low-code platform for digital innovation, and the TCS Cyber Defense Suite for enhanced cybersecurity. These initiatives aim to reinforce India's data sovereignty, accelerate AI adoption, and strengthen the country's digital infrastructure.

22Apr 25

TCS Collaborates with ICICI Securities to Upgrade Retail Trading Platform

Tata Consultancy Services (TCS) has formed a strategic partnership with ICICI Securities to enhance the latter's retail trading platform. The collaboration aims to improve the user interface, functionality, and overall performance of ICICI Securities' trading system by leveraging TCS's technological expertise. This upgrade is expected to offer retail customers a more robust, efficient, and user-friendly trading environment with advanced features and tools for informed decision-making.

21Apr 25

TCS Boosts Decision Intelligence with Vianai Systems Partnership

Tata Consultancy Services (TCS) has formed a strategic partnership with Vianai Systems to develop enterprise-grade, domain-specific generative AI applications. This collaboration aims to enhance decision intelligence capabilities for business leaders across various industries. The partnership will provide advanced AI-powered tools for complex data analysis, domain-specific solutions, and improved competitive edge through better strategic decision-making.

17Apr 25

TCS Partners with Vianai Systems to Revolutionize Decision Intelligence with Generative AI

TCS has announced a partnership with Vianai Systems to integrate the hila Platform, a generative AI tool, into enterprise systems. This collaboration aims to empower C-suite executives with natural language interaction capabilities for data analysis across finance, supply chain, and sales. TCS will customize the platform for various sectors, focusing on seamless integration and expanded capabilities. The partnership aligns with TCS's ongoing efforts to strengthen its AI portfolio and provide comprehensive GenAI services.

17Apr 25

TCS Faces US Investigation Amid AI Partnership Announcement

Tata Consultancy Services (TCS) is under investigation by the US Equal Employment Opportunity Commission for alleged discrimination against American workers. The company denies these claims. Simultaneously, TCS announced a partnership with Vianai Systems to provide generative AI tools for business decision-making. The collaboration will give TCS customers access to Vianai's hila Platform, enabling C-suite executives to interact with data using natural language queries.

16Apr 25

Andhra Pradesh's New IT Policy: TCS Secures Prime Land in Vizag for ₹1,370 Crore Development Centre

Tata Consultancy Services (TCS) is set to establish a new development centre in Visakhapatnam, Andhra Pradesh. The state government has allocated 21.16 acres of land to TCS at a nominal rate of ₹0.99 per acre. In return, TCS plans to invest ₹1,370 crore and create 12,000 jobs, aligning with Andhra Pradesh's new IT policy requiring 500 jobs per acre for subsidized land prices. This move is expected to boost Visakhapatnam's position as a technology hub and significantly impact the local economy.

15Apr 25

TCS Secures Prime Land in Visakhapatnam for ₹1,370 Crore Development Centre

Tata Consultancy Services (TCS) has been allotted 21.16 acres of land in Visakhapatnam by the Andhra Pradesh government for a nominal fee. TCS plans to invest ₹1,370 crore to establish a new development centre, expected to create 12,000 jobs. This move aligns with the state's vision to promote Visakhapatnam as a technology hub and could attract more tech companies to the region.

15Apr 25

TCS Appoints Aarthi Subramanian as First Woman COO, Effective 2025

Tata Consultancy Services (TCS) has announced the appointment of Aarthi Subramanian as Executive Director—President and Chief Operating Officer, effective May 1, 2025. This marks a historic moment as she becomes the first woman to hold the COO position at TCS. Subramanian, currently the Group Chief Digital Officer at Tata Sons, brings over three decades of experience within the Tata Group. Her five-year tenure will extend until April 30, 2030.

12Apr 25

TCS Postpones Annual Wage Hikes Amid Economic Uncertainties

Tata Consultancy Services (TCS) has postponed annual wage increases due to macroeconomic uncertainties. The company reported a record-low 4.00% growth in employee costs for FY25. Despite this, TCS added 6,433 employees, bringing its total workforce to 607,979. The company's stock has underperformed, dropping 20.00% compared to Nifty50's 3.50% decline, reflecting challenges in the tech sector.

11Apr 25

TCS Surpasses $30 Billion Revenue Milestone, Reports Strong Q4 Performance

Tata Consultancy Services (TCS) reported robust financial results for Q4 and FY25. The company achieved $30 billion in annual revenue, with a 6.0% year-on-year growth. Q4 revenue was ₹64,479.00 crore, up 5.3% YoY. Annual net profit increased by 5.8% to ₹48,553.00 crore. TCS secured $12.20 billion in TCV for Q4 and $39.40 billion for the full year. The company's workforce reached 607,979 employees. A final dividend of ₹30.00 per share was recommended.

11Apr 25

TCS Q4 FY2025 Results: Mixed Performance Amid Macroeconomic Challenges

Tata Consultancy Services (TCS) reported mixed Q4 FY2025 results, with revenue growing 5.3% YoY to ₹64,479.00 crore and net profit slightly decreasing to ₹12,224.00 crore. The company crossed the $30 billion annual revenue milestone, with FY2025 revenue at ₹255,324.00 crore, up 6.0% YoY. TCS secured orders worth $12.2 billion in Q4, demonstrating strong deal-winning capabilities. However, the company faces challenges in its India business and macroeconomic headwinds. The Board recommended a final dividend of ₹30.00 per equity share.

10Apr 25

TCS Delays Wage Hikes, Appoints New President and COO Amid Strong Financial Performance

Tata Consultancy Services (TCS) has postponed employee wage increases due to uncertain business conditions. The company appointed Aarthi Subramanian as President and COO, effective May 1, 2025. Despite challenges, TCS reported strong financial results for FY 2024-25, with revenue of ₹255,324 crore (US $30 billion), up 6.0% YoY, and net profit of ₹48,553 crore, up 5.8% YoY. The company maintains a positive outlook for FY 2026 and continues to focus on AI, cloud services, and digital transformation.

10Apr 25

TCS Reports Strong FY25 Performance, Announces ₹30 Final Dividend

Tata Consultancy Services (TCS) announced its FY25 results with consolidated revenue of ₹255,324.00 crore, up 6.0% year-on-year, and net profit of ₹48,553.00 crore, a 5.8% increase. The company's operating margin stood at 24.3%. TCS declared a final dividend of ₹30 per equity share, subject to shareholder approval. The company's order book remained strong with total contract value reaching $39.4 billion for FY25. TCS workforce grew to 607,979 employees, representing 152 nationalities.

10Apr 25

TCS Reports Slowest Growth in Four Years, Beats Estimates Despite Challenges

TCS announced FY2025 results with revenue at $30.20 billion (3.78% YoY decline) and net profit at $5.70 billion (2% increase). Q4 revenue was $7.47 billion (0.98% sequential decline) with profit at $1.42 billion (2.74% drop). The company added 6,433 employees, bringing total headcount to 607,979. Despite challenges, TCS maintained a strong order book of $12.20 billion. The board recommended a final dividend of ₹30.00 per share for FY2025.

09Apr 25

TCS Q4 FY2024 Preview: Revenue Decline Expected Amid Challenging Market Conditions

TCS is set to report its Q4 FY2024 results with analysts anticipating a revenue decline of 0.50% to 0.60% QoQ in constant currency terms, despite a 5.00% YoY growth. Net profit is projected to grow by 0.70% YoY. The BFSI segment is expected to perform well, potentially offsetting declines elsewhere. Deal wins are forecast to remain robust at around $11 billion for the quarter. Key focus areas include the impact of US tariffs, FY2026 outlook, and strategies to maintain profitability.

08Apr 25

TCS Q4 Preview: Muted Growth Expected with Focus on Margin Expansion

TCS is set to release its Q4 FY25 results on April 10. Analysts expect modest revenue growth of 1.50% QoQ to ₹64,964.00 crore, impacted by the BSNL project ramp-down. Net profit is projected to rise 2.30% QoQ to ₹12,663.60 crore, with EBIT margin likely improving by 46 basis points to 24.90%. Deal wins are expected to remain strong at around $11 billion. Key focus areas include US tariff impact, FY2026 outlook, AI initiatives, sector perspectives, and global market dynamics.

05Apr 25

TCS Schedules Board Meeting for Q4FY25 Results and Dividend Consideration

Tata Consultancy Services (TCS) has scheduled a board meeting for April 10, 2025, to review Q4FY25 financial results and consider a final dividend declaration. Investor calls are planned for the same day. The trading window for TCS securities will be closed from March 24, 2025, until 48 hours after the results announcement.

04Apr 25

TCS Shares Worth Rs. 133.28 Crores Change Hands in Block Deal

A significant block trade of Tata Consultancy Services (TCS) shares occurred on the National Stock Exchange (NSE). The transaction involved 403,549 shares, valued at Rs. 133.28 crores, with each share priced at Rs. 3,302.70. While the identities of the buyer and seller remain undisclosed, this large-scale trade could potentially influence market sentiment, though it doesn't necessarily reflect on TCS's fundamental performance.

02Apr 25

TCS Reports Large Block Trade on NSE and Announces New Marathon Partnership

TCS has been appointed as the Official AI & Technology Partner for the Schneider Electric Marathon de Paris for three years. The company will use AI, data analytics, and digital innovation to enhance the race experience. TCS now partners with 14 global running events, including five World Marathon Majors. In 2024, TCS-supported races raised nearly $280 million for charities. The company's brand value has reached $21.30 billion. TCS has been operating in France since 1992, supporting over 80 major French companies.

01Apr 25

TCS Sets Q4 Results Date, Eyes Dividend Announcement Amid Market Uncertainties

Tata Consultancy Services (TCS) will release its Q4 FY2024-25 financial results on April 10, 2025, after market hours. The board meeting will consider a final dividend declaration. An earnings call is scheduled for 7 p.m. IST on the same day. TCS's recent stock performance has been influenced by US tariff uncertainties. The company recently partnered with Schneider Electric Marathon de Paris as their Official AI & Technology Partner for three years.

01Apr 25

TCS Scores Tech Partnership with Iconic Paris Marathon, Expanding Global Sports Footprint

Tata Consultancy Services (TCS) has been appointed as the Official AI and Technology Partner for the Schneider Electric Marathon de Paris. This three-year partnership aims to enhance the marathon experience using AI, data analytics, and digital innovation. TCS now partners with 14 global running events, including five World Marathon Majors. In 2024, TCS-supported races raised nearly $280 million for charities. The collaboration will leverage TCS Pace Port™ Paris for developing AI-powered race experiences. This partnership also strengthens TCS's presence in the French market, where it supports over 80 major companies.

28Mar 25

TCS to Announce Q4 Financial Results on April 10

Tata Consultancy Services (TCS), India's largest IT services company, will release its fourth quarter (Q4) financial results on April 10. This announcement will mark the end of TCS's fiscal year and is expected to provide crucial insights into the company's performance and the broader IT services sector. The results will likely include revenue figures, profit margins, key performance indicators, potential dividend announcements, and outlook for the coming fiscal year.

21Mar 25

TCS Expands UK Presence: Partners with Cumberland Building Society for Core Banking Transformation

Tata Consultancy Services (TCS) has announced a partnership with The Cumberland Building Society to modernize its core banking infrastructure. TCS will deploy its BaNCS for Core Banking, Digital Home Lending Solution, and Quartz for Compliance. The transformation aims to enhance customer experience, improve operational efficiency, and implement future-proof banking infrastructure for The Cumberland, which manages £3.20 billion in assets. This partnership marks TCS's growing influence in the UK's financial services sector, now supporting 5 of the top 10 building societies in the UK.

20Mar 25

TCS Partners with Cumberland Building Society for Core Banking Modernization

Tata Consultancy Services (TCS) has formed a strategic partnership with The Cumberland Building Society to modernize its core banking ecosystem. TCS will deploy its BaNCS™ solution for Core Banking, Digital Home Lending Solution, and Quartz for Compliance. This transformation aims to enhance member experience, mortgage solutions, and operational resilience for the UK's top 10 building society. The Cumberland, managing £3.20 billion in assets, will benefit from improved customer flexibility across various channels and access to cutting-edge third-party solutions through TCS COIN™ and BaNCS Marketplace.

19Mar 25

TCS Partners with Air New Zealand for AI-Driven Transformation in Aviation

Tata Consultancy Services (TCS) and Air New Zealand have announced a five-year partnership to revolutionize the airline industry through AI and digital transformation. The collaboration, revealed on March 19, 2025, aims to enhance operations, improve passenger experience, modernize digital infrastructure, and develop workforce capabilities. TCS will leverage AI, automation, and cloud technologies to streamline Air New Zealand's operations across various domains, impacting over 15 million passengers annually. The partnership includes integrating AI-driven automation across 600+ applications and implementing large-scale upskilling programs in AI, cybersecurity, and digital engineering.

13Mar 25

TCS Appoints Sudeep Kunnumal as CHRO Designate, Signaling Leadership Transition

Tata Consultancy Services (TCS) has named Sudeep Kunnumal as its new Chief Human Resources Officer (CHRO) Designate, effective March 14, 2025. Kunnumal, currently leading HR for TCS's BFSI vertical, will succeed Milind Lakkad upon his superannuation. A TCS veteran since 2000, Kunnumal brings extensive global HR experience and is known for innovative talent solutions. His appointment is part of TCS's planned leadership transition, ensuring continuity in HR strategy.

12Mar 25

TCS Expands Real Estate Portfolio: Acquires Darshita Southern India Happy Homes for ₹2,250 Crore

Tata Consultancy Services (TCS) is set to acquire Darshita Southern India Happy Homes Private Limited for ₹2,250 crore. The all-cash deal aims to secure land and buildings for a new TCS delivery center. The acquisition involves 100% equity shares of the target company, which specializes in commercial property development. TCS has structured the deal with a call option to complete the acquisition after two years. The move is expected to enhance TCS's delivery capabilities and operational capacity.

11Mar 25

TCS Expands Real Estate Portfolio: Acquires Darshita Southern India Happy Homes for ₹2,250 Crore

Tata Consultancy Services (TCS) has announced the acquisition of Darshita Southern India Happy Homes Private Limited for ₹2,250 crore. The deal involves purchasing 100% equity shares of the commercial real estate company, with the primary aim of securing land and building assets for a new delivery center in Southern India. The acquisition is structured with a cash payment and includes a call option for TCS to acquire full ownership after two years. The acquired entity is currently developing commercial property for industrial leasing but has not yet generated revenue.

07Mar 25

TCS Expands Partnership with Northern Trust for Global Securities Services Transformation

TCS is expanding its partnership with Northern Trust to transform securities services across 99 markets. TCS will deploy its BaNCS Global Securities Platform to centralize and standardize Northern Trust's custody operations, covering trade processing, settlement, and asset servicing. This collaboration aims to create an integrated securities back office, enhancing operational efficiency for Northern Trust, which manages $17.4 trillion in assets. The TCS BaNCS platform offers multi-entity, multi-currency capabilities, scalability, and AI-driven analytics for both digital and traditional assets.

06Mar 25

TCS Expands Partnership with Northern Trust, Transforming Securities Services Across 99 Markets

TCS is expanding its collaboration with Northern Trust to revolutionize securities services across 99 markets. TCS will deploy its BaNCS Global Securities Platform to centralize and standardize Northern Trust's custody operations, covering multiple entities, markets, and asset classes. This partnership aims to enhance operational efficiency, provide a unified customer experience, improve data utilization, and offer scalability to support Northern Trust's growth. The collaboration builds on their existing relationship since 2017 and addresses the need for resilient, interoperable solutions in the face of evolving market dynamics and shortened settlement cycles.

06Mar 25

TCS Expands Partnerships: Northern Trust Deal and Vantage Towers Digital Platform

TCS has announced two major partnerships: an expanded collaboration with Northern Trust to standardize custody operations across 99 markets using TCS BaNCS Global Securities Platform, and a new partnership with Vantage Towers to launch a digital service platform for telecom site management in Europe. The Vantage Towers platform will provide 24/7 personalized access for property owners, unified information access, and streamlined request management across 86,000 sites in eight European markets.

05Mar 25

TCS Partners with Vantage Towers to Transform Telecom Site Management Across Europe

TCS and Vantage Towers are launching a digital service platform to transform telecom site management across Europe. The platform, powered by TCS Crystallus™ for Telecom and ServiceNow, will enhance customer support for property owners leasing land for telecom towers in eight European markets. It aims to improve operational efficiency, streamline processes, and strengthen partnerships with property owners. This initiative is expected to accelerate Vantage Towers' growth and support sustainable telecom expansion in Europe.