Tata Consultancy Services (TCS): News

10 Nov 2024

Bharti Airtel

India's top 6 firms lose ₹1.55 lakh crore in m-cap

Six of India's top 10 most valuable companies witnessed a massive erosion in market valuation last week, to the tune of ₹1.55 lakh crore.

09 Nov 2024

Business

TCS cuts bonus pay by 40% on tepid business demand

Tata Consultancy Services (TCS), India's largest IT services company, has slashed the quarterly bonuses of its senior staff, as per a report by Moneycontrol.

29 Oct 2024

Ireland

TCS signs 15-year deal to digitize Ireland's pension system

Tata Consultancy Services (TCS) has won a 15-year contract to digitally transform the pension system of Ireland.

24 Oct 2024

NVIDIA

TCS, NVIDIA join forces to accelerate AI adoption across industries

Tata Consultancy Services (TCS) has announced a strategic partnership with NVIDIA, the world's leading AI chipmaker.

24 Oct 2024

Jensen Huang

NVIDIA CEO praises India's AI potential, signs deal with Reliance

NVIDIA's CEO Jensen Huang has predicted a massive growth in India's computing capabilities.

20 Oct 2024

HDFC Bank

Market cap of 4 of India's most-valued firms surges ₹81,151cr

Four of India's top 10 most valued companies saw their combined market capitalization skyrocket last week.

10 Oct 2024

Business

TCS Q2 FY25 profit dips to ₹11,909 crore, misses estimates

India's top IT service giant Tata Consultancy Services (TCS) has posted a marginal decline in its net profit for the second quarter of FY25.

09 Oct 2024

Madras High Court

TCS fires woman who accused manager of sexual harassment

Tata Consultancy Services (TCS) has sacked a woman, who had filed a sexual harassment complaint against her manager five years ago.

07 Oct 2024

Tech Mahindra

Tech firms, start-ups resume hiring after months of mass layoffs

After a hiring freeze of 12-18 months, Indian technology companies and start-ups are back on the lookout for talent.

06 Oct 2024

HDFC Bank

Nine of India's top 10 firms lose ₹4.75 lakh crore

Nine out of India's 10 most valuable companies experienced a significant drop in their market valuation last week, with a total loss amounting to nearly ₹4.75 lakh crore.

22 Sep 2024

HDFC Bank

Market cap of India's top 6 companies climbs ₹1.97L crore

Six of India's top 10 most valued firms, experienced a significant increase in their combined market valuation last week, adding ₹1.97 lakh crore to their worth.

18 Sep 2024

McDonald's

TCS partners with McDonald's Philippines to digitize over 760 outlets

Tata Consultancy Services (TCS), India's leading IT services provider, has inked a two-year contract with McDonald's Philippines.

15 Sep 2024

Bharti Airtel

Market cap of top 9 companies jumps ₹2L crore

Nine out of the top 10 most valued Indian companies, experienced a significant increase in their market capitalization last week.

Why thousands of TCS employees have received tax demand notices

A significant number of Tata Consultancy Services (TCS) employees have received tax demand notices from the Income Tax Department.

08 Sep 2024

Reliance Industries

Market cap of India's top 8 firms down ₹2L crore

Eight of India's top 10 most valued companies, saw a significant decrease in their combined market valuation last week.

03 Sep 2024

Cybersecurity

TCS and Google Cloud partner to launch AI-backed cybersecurity tools

Tata Consultancy Services (TCS), a leading IT firm, has announced an expansion of its collaboration with Google Cloud.

26 Aug 2024

Stock Market

TCS shares have turned ₹5,950 into ₹1.25L in 20 years

Tata Consultancy Services (TCS), a leading global IT services provider, has marked its 20th year of listing on the Indian stock market.

25 Aug 2024

Reliance Industries

Top 9 Indian firms add ₹95,522 crore to market valuation

Nine of India's top 10 most valued firms witnessed a significant increase in their combined market valuation last week.

18 Aug 2024

Infosys

Market cap of India's top 7 firms up ₹1.4L crore

Seven of the most valued companies in India, witnessed a significant increase in their combined market valuation last week.

11 Aug 2024

Bharti Airtel

Market turbulence wipes out ₹1.66L crore from top Indian firms

The past week has been marked by significant market volatility, resulting in a substantial decrease in the combined market valuation of India's leading companies.

04 Aug 2024

Bharti Airtel

India's top 8 companies lose ₹1.28L crore in market cap

Eight of India's top 10 most valued firms, witnessed a significant drop in their market capitalization (mcap) last week, resulting in a combined loss of ₹1.28 lakh crore.

28 Jul 2024

Reliance Industries

Mcap of 6 top-valued companies in India skyrockets ₹1.85L crore

The combined market capitalization (mcap) of six out of the top 10 valued firms in India, experienced a significant increase last week, soaring by ₹1,85,186.51 crore.

Market cap of top 8 Indian companies surges ₹2.1L crore

The combined market capitalization (m-cap) of eight out of the top 10 most valued firms in India saw a significant increase last week, with a jump of ₹2,10,330.26 crore.

TCS wants to become 'AI-first' TCS: Decoding what it means

Tata Consultancy Services (TCS), India's leading software firm, is set to incorporate artificial intelligence (AI) into its operations.

15 Jul 2024

Business

TCS hits pre-pandemic work attendance levels after 18 months

Tata Consultancy Services (TCS), India's largest IT services exporter, has reached pre-pandemic levels of employees working from offices.

14 Jul 2024

ICICI Bank

M-cap of top 10 firms jumps ₹1.72L crore, TCS leads

The combined market valuation of seven out of the top 10 most valued Indian firms, experienced a significant increase last week, with a total jump of ₹1.72 lakh crore.

12 Jul 2024

Stock Market

Sensex gains over 620 points, Nifty settles above 24,500 mark

On Friday, the benchmark Sensex and Nifty indices showed an upward trend.

07 Jul 2024

Infosys

Eight Indian powerhouses drive ₹1.83 lakh crore market surge 

Last week saw a significant increase in the market valuation of eight out of the top 10 most valued firms, collectively adding ₹1,83,290.36 crore to their worth.

30 Jun 2024

Bharti Airtel

M-cap of top 9 firms soar, add ₹2.89 lakh crore

The market capitalization of nine out of the top ten most valued firms in the Indian stock market, has collectively added ₹2,89,699.42 crore to their valuation last week.

21 Jun 2024

Business

TCS, Xerox join forces for IT transformation using cloud, GenAI

Tata Consultancy Services (TCS) has announced a strategic partnership with Xerox to revolutionize the latter's IT infrastructure, using cloud and Generative Artificial Intelligence (GenAI).

14 Jun 2024

Stock Market

Sensex gains over 180 points, Nifty settles at 23,465 mark

On Friday, the benchmark Sensex and Nifty indices saw gains.

13 Jun 2024

Apple

TCS, HDFC Bank, Airtel, Infosys among world's top 100 brands

Four major Indian companies have occupied positions on the list of the 100 most valuable brands globally this year, per Kantar BrandZ Most Valuable Global Brands 2024 report.

09 Jun 2024

Bharti Airtel

Market valuation of top Indian firms skyrockets by ₹3.28 trillion

Eight of India's most valued domestic firms collectively added ₹3.28 lakh crore to their market valuation last week, led by Tata Consultancy Services (TCS), Hindustan Unilever (HUL), and Reliance Industries.

02 Jun 2024

Bharti Airtel

M-cap of top firms plummet, Reliance Industries suffers major loss

Last week, eight out of the 10 most valued companies in India, saw a significant drop in their combined market capitalization, amounting to a total loss of ₹2,08,207.93 crore.

31 May 2024

Stock Market

Sensex ends above 73,960 points, Nifty settles at 22,530 mark

On Friday, the benchmark Sensex and Nifty traded flat. While the Sensex rose 0.10% to close at 73,961.31 points, the Nifty jumped 0.19% to end the day at 22,530.70 points.

IIT-B, TCS to create India's first quantum diamond microchip imager

The Indian Institute of Technology, Bombay (IIT-B) has announced a partnership with Tata Consultancy Services (TCS), the nation's leading IT services provider.

19 May 2024

Bharti Airtel

M-cap of 8 top Indian firms skyrockets ₹1.48 lakh crore

Eight of the top-10 most valued companies in India experienced a significant surge in their market capitalization last week, collectively adding ₹1,47,935.19 crore.

17 May 2024

Stock Market

Sensex gains over 250 points, Nifty ends above 22,460 mark

On Friday, the benchmark Sensex and Nifty indices showed an upward trend.

14 May 2024

Cognizant

Cognizant issues termination threat to employees defying return-to-office directive

Cognizant, a leading IT firm listed on NASDAQ, has reportedly issued a severe warning to its employees.

10 May 2024

Stock Market

Sensex gains 260 points, Nifty settles above 22,050 mark

On Friday, the benchmark Sensex and Nifty indices saw some gains after trading in the red for several sessions.

06 May 2024

Stock Market

Sensex closes at 73,895 points, Nifty settles below 22,450 mark

On Monday, the stock market ended on a sluggish note as the Sensex and Nifty indices traded flat.

20 Apr 2024

Infosys

Wipro, TCS, Infosys collectively lost 63,759 workers in FY24

In a first occurrence over the past two decades, leading Indian IT companies Tata Consultancy Services (TCS), Infosys, and Wipro have reported a collective annual decrease in their workforce.

14 Apr 2024

Stock Market

Market valuation of 7 Indian firms skyrocketed by ₹59,404 crore

In a week shortened by the Eid-Ul-Fitr holiday, seven of India's ten most valued firms witnessed a combined market valuation surge of ₹59,404.85 crore.

12 Apr 2024

Business

TCS's net profit rises 9% to ₹12,434 cr in Q4

Tata Consultancy Services (TCS), India's leading IT company, has reported a 9% increase in net profit for the fourth quarter of FY24.

12 Apr 2024

India

TCS boosts recruitment, hires over 10,000 new engineering graduates

Tata Consultancy Services (TCS), India's leading IT services firm, has recruited over 10,000 fresh graduates from top-tier engineering institutions.

30 Mar 2024

Business

TCS replaces American techies with Indians on H-1B visa: Report

Indian tech giant, Tata Consultancy Services (TCS), is facing allegations of unlawful discrimination from a group of American professionals.

TCS upskills over 350,000 workers in generative AI skills

Tata Consultancy Services (TCS), India's premier IT services firm, announced on Friday that it has trained over 350,000 employees in generative AI.

24 Mar 2024

Stock Market

BSE benchmark ascends despite declined valuation of top firms

The Bombay Stock Exchange (BSE) benchmark experienced a slight uptick last week, climbing by 188.51 points or 0.25%, signaling a positive trend in the stock market.

19 Mar 2024

Stock Market

Sensex tanks over 730 points, Nifty settles near 21,800

On Tuesday, the benchmark Sensex and Nifty indices witnessed a fall.

17 Mar 2024

Reliance Industries

Reliance leads top 5 firms with significant market cap drop

Over the past week, five of India's top 10 valued companies experienced a combined market capitalization loss of Rs. 2,23,660 crore.

27 Feb 2024

Stock Market

Sensex gains over 300 points, Nifty settles near 22,200 mark

On Tuesday, the benchmark Sensex and Nifty indices showed an upward trend.

06 Feb 2024

Tata

Tata becomes first Indian conglomerate to cross Rs. 30T m-cap

The Tata Group has reached an impressive milestone, becoming the first Indian business conglomerate to achieve a combined market capitalization of over Rs. 30 lakh crore.

06 Feb 2024

Stock Market

TCS's m-cap surpasses Rs. 15 lakh crore for first time

Tata Consultancy Services (TCS) achieved a market capitalization of over Rs. 15 lakh crore for the first time, as its stock rose nearly 4% in today's trading session.

12 Jan 2024

Business

TCS explains why it still pays freshers Rs. 3-4L salary

The Chief Human Resources Officer (CHRO) of India's leading IT company, Tata Consultancy Services (TCS), recently addressed concerns about low starting salaries for freshmen in the IT services sector.

12 Jan 2024

Nifty

Why Nifty IT index has jumped 5% today

The Nifty IT Index skyrocketed 5% on Friday, reaching a 52-week high.

11 Jan 2024

Infosys

Infosys, TCS's combined headcount drops by over 11,700 in Q3

India's leading IT services firms, Infosys and Tata Consultancy Services (TCS), have witnessed a decrease in their workforce for the quarter ending December 31.

11 Jan 2024

Business

TCS Q3 net profit rises 2%, revenue up 4%

Tata Consultancy Services (TCS), the leading IT services company in India, announced a 1.96% increase in consolidated net profit, reaching Rs. 11,097 crore in the quarter ending December.

10 Dec 2023

Stock Market

Market cap of 7 top-valued firms rise Rs. 3L crore

Last week, seven of India's top 10 most valued companies saw their combined market value increase by a whopping Rs. 3,04,477.25 crore.

28 Nov 2023

Stock Market

TCS announces Rs. 17,000cr share buyback starting on December 1

Tata Consultancy Services (TCS) is set to launch a share buyback worth Rs. 17,000 crore.

27 Nov 2023

Business

TCS has to pay DXC $210 million: What's the story? 

A US jury has ordered Indian IT giant Tata Consultancy Services (TCS) to pay $210 million for allegedly misusing source code from American IT company DXC to create its TCS Bancs software platform.

21 Nov 2023

US Supreme Court

TCS to record $125 million lawsuit expense in Q3 results

The US Supreme Court has dismissed an appeal from Tata Consultancy Services (TCS) regarding a $140 million fine in connection with a trade secret lawsuit filed by American company Epic Systems.

15 Nov 2023

Business

TCS issues sudden transfer notices to over 2,000 employees

Tata Consultancy Services (TCS) has issued transfer notices to more than 2,000 employees at various locations, requiring them to relocate to their designated sites within 15 days, per the IT employee union Nascent Information Technology Employees Senate (NITES).

13 Oct 2023

Infosys

Headcount in India's top IT firms down by over 16,000

During the second quarter of FY24, India's top IT firms, Tata Consultancy Services (TCS), Infosys, and HCLTech, witnessed a significant drop in headcount.

12 Oct 2023

Israel

Tech companies in Israel consider relocation amid escalating conflict

Global tech giants such as Microsoft and Google could soon move their offices from Israel to India or countries in eastern Europe or the Middle East, Economic Times reported.

12 Oct 2023

Business

TCS upskills over 100,000 employees in generative AI

Tata Consultancy Services (TCS) has trained over one lakh employees in generative artificial intelligence (AI), aiming to capitalize on this emerging technology.

11 Oct 2023

Business

TCS Q2 results: IT giant posts profit of Rs. 11,342cr

Tata Consultancy Services (TCS), India's leading IT services company, has announced a net profit of Rs. 11,342 crore for the September quarter of this fiscal year.

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