Tata Consultancy Services

The combined market valuation of seven of the top-10 most-valued firms eroded by Rs 2 lakh crore last week, with Tata Consultancy Services and Reliance Industries emerging as the biggest laggards, in-tandem with a bearish trend in equities. Last week, the BSE benchmark Sensex tanked 1,829.33 points, or 2.33 per cent, and the NSE Nifty dropped 455.6 points, or 1.87 per cent. "Markets ended lower after two consecutive weeks of gains, weighed down by heightened geopolitical tensions and weak earnings commentary from IT majors," Ajit Mishra -- SVP, Research, Religare Broking Ltd, said. Global developments continued to dominate market direction, with ongoing uncertainty around the West Asia crisis and concerns over supply disruptions keeping crude oil prices elevated, he added. The combined market valuation of seven of the top-10 most valued firms dropped by Rs 2,05,343.06 crore. The market valuation of Tata Consultancy Services (TCS) tumbled Rs 66,699.44 crore to Rs 8,67,364.12 ...

TCS allows work-from-home at its Nashik centre after harassment allegations trigger arrests and a police probe into workplace safety concerns

A post on X alleged that many girls were complaining of jihadi harassment at Infosys' BPO office in Pune. The post, which did not give any details, was deleted later

Is this a temporary slowdown driven by demand uncertainty, or the beginning of a structural change in how large IT firms build their workforce in the age of AI?

Krithivasan discusses growth prospects for FY27, the perceived threat from artificial intelligence tools, and hiring trends

TCS rolls out 25,000 fresher offers for FY27, its slowest start in years, as AI-led skill gaps and cautious hiring reshape campus recruitment trends

AI deals will gradually shift pricing toward outcome-based models as enterprises move from pilots to execution and demand measurable results, says Seksaria

IT major Tata Consultancy Services (TCS) on Sunday said that the firm has adopted a zero-tolerance policy towards harassment and coercion of any form for a long time, confirming the suspension of employees allegedly involved in sexual harassment at its Nashik office. The clarification comes in the wake of allegations of sexual harassment and forced religious conversion by eight female employees at the multinational company's office in Nashik. Earlier this week, the police formed a special investigation team (SIT) to probe the complaints lodged by eight employees, who claimed that senior colleagues mentally and sexually harassed them, and the human resources department turned a deaf ear to their complaints. The police have since arrested seven people, including the company's female HR manager. The company, in a statement, said, "TCS has a long-standing zero-tolerance policy towards harassment and coercion of any form. We have always ensured the highest standards of safety and ...

TCS has made 25,000 offers to freshers in the current fiscal, and pointed out that the demand scenario will determine whether it hires more college graduates, a top official has said. The largest information technology services company had hired 44,000 freshers in FY26, one of the highest by any private sector employer in the country, despite the headwinds it faced. "We have made 25,000 offers for freshers in FY27. Clarity on demand will lead to more hiring," its chief executive and managing director K Krithivasan told PTI in an interview over the weekend. When asked if the company will up its dependence on lateral hires and if the delivery model has undergone any change, he replied in the negative. Explaining that it takes up to nine months of training before a fresher comes on the floor, while a lateral can deliver immediately, he said, adding that business needs will influence its hiring strategies. The company has been hiring 40,000 or more freshers every fiscal year for at le

TCS posted a revenue of ₹70,698 crore, as compared to ₹64,479 crore a year ago, up 9.6 per cent Y-o-Y

IT major rolls out pay increases effective April 1 across grades, even as headcount declines year-on-year and the company steps up investments in AI-ready workforce

Brokerages tracked by Business Standard estimate TCS' net profit at an average of ₹13,918.6 crore, compared with ₹12,224 crore a year ago, up 13.86 per cent year-on-year (Y-o-Y)

Selloff knocks India out of $200-billion club, hits top firms; broker dynamics shift and IPO activity slows amid rising market volatility

In the past year, TCS's share price has plunged by 34 per cent, compared to a 4.6 per cent fall in the BSE Sensex.

Indian IT services company to drive aviation services provider's AI transformation, Cloud modernisation

Muthuselvaraj M, Research Analyst at Mirae Asset ShareKhan highlights that TCS and HUL have broken down from a triangle pattern, while Ashok Leyland may have formed a double top on the weekly chart.

TCS loses over $100 billion in market value from its 2022 peak as AI uncertainty and IT sector correction trigger a sharp valuation reset

Thus far in the calendar year 2026, TCS's market price plunged 23 per cent, as against 7.4 per cent decline in Nifty 50, data shows. The NIfty IT index lost over 1 per cent in trade on Tuesday.

Earlier this week, Jefferies downgraded Indian IT companies Infosys, HCLTech and MphasiS to 'hold'; LTIMindtree, TCS and Hexaware to 'underperform'.

TCS CEO K Krithivasan says associates should adopt AI proactively and offer AI-first solutions to clients, even if it cannibalises existing revenue streams