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.
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.
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.
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.