Tata Consultancy Services (TCS): News
10 Nov 2024
Bharti AirtelIndia'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
BusinessTCS 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
IrelandTCS 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
NVIDIATCS, 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 HuangNVIDIA 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 BankMarket 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
BusinessTCS 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 CourtTCS 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 MahindraTech 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 BankNine 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 BankMarket 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'sTCS 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 AirtelMarket 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.
13 Sep 2024
Income Tax Department of IndiaWhy 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 IndustriesMarket 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
CybersecurityTCS 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 MarketTCS 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 IndustriesTop 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
InfosysMarket 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 AirtelMarket 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 AirtelIndia'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 IndustriesMcap 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.
21 Jul 2024
Life Insurance Corporation of IndiaMarket 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.
17 Jul 2024
Artificial Intelligence and Machine LearningTCS 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
BusinessTCS 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 BankM-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 MarketSensex 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
InfosysEight 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 AirtelM-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
BusinessTCS, 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 MarketSensex gains over 180 points, Nifty settles at 23,465 mark
On Friday, the benchmark Sensex and Nifty indices saw gains.
13 Jun 2024
AppleTCS, 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 AirtelMarket 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 AirtelM-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 MarketSensex 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.
28 May 2024
Indian Institute of Technology BombayIIT-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 AirtelM-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 MarketSensex 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
CognizantCognizant 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 MarketSensex 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 MarketSensex 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
InfosysWipro, 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 MarketMarket 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
BusinessTCS'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
IndiaTCS 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
BusinessTCS 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.
29 Mar 2024
Artificial Intelligence and Machine LearningTCS 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 MarketBSE 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 MarketSensex tanks over 730 points, Nifty settles near 21,800
On Tuesday, the benchmark Sensex and Nifty indices witnessed a fall.
17 Mar 2024
Reliance IndustriesReliance 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 MarketSensex 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
TataTata 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 MarketTCS'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
BusinessTCS 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
NiftyWhy Nifty IT index has jumped 5% today
The Nifty IT Index skyrocketed 5% on Friday, reaching a 52-week high.
11 Jan 2024
InfosysInfosys, 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
BusinessTCS 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 MarketMarket 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 MarketTCS 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
BusinessTCS 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 CourtTCS 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
BusinessTCS 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
InfosysHeadcount 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
IsraelTech 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
BusinessTCS 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
BusinessTCS 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.