Tata Consultancy Services

Tata Consultancy Services on Friday launched India's first Oracle AI Data Platform Lab and Centre of Excellence (CoE) here to help enterprises accelerate adoption of artificial intelligence and data-driven transformation. The facility at Delta Park Lords in Kolkata has been set up in collaboration with Oracle and will support customers in addressing challenges such as fragmented data systems, slow analytics cycles, limited AI scalability and operational inefficiencies, the IT major said. TCS said the lab will leverage Oracle AI Data Platform, which combines Oracle Cloud Infrastructure, Oracle Autonomous AI Database and OCI Enterprise AI, to help organisations make enterprise data AI-ready and deploy AI-powered applications and automation at scale. The IT services major also plans to establish similar Oracle AI Data Platform Labs and Centres of Excellence in four more Indian cities over the next three years, a statement said. "The facility is designed to accelerate the journey from

IT services company will equip 50,000 employees with Claude AI as part of a deal to expand enterprise AI transformation

IT services major Tata Consultancy Services (TCS) on Thursday announced a global partnership with AI major Anthropic to help customers scale enterprise artificial intelligence adoption. As part of the collaboration, TCS will set up a dedicated business unit focused on developing joint industry solutions and AI expertise on Anthropic's Claude family of AI models through early access. TCS will equip 50,000 of its associates across engineering, finance, legal, marketing, and sales with Claude through enterprise-wide licensing, the company said in a regulatory filing. "TCS and Anthropic will jointly go to market with AI solutions and services across industries, including highly regulated sectors, such as financial services, public services, life sciences, healthcare, aviation, telecom, and medtech. "Together, they will co-innovate solutions for domain-specific workflows, modernisation, and customer experience transformation, backed by TCS' consulting, engineering, and managed services

TCS Chairman N Chandrasekaran said the company could have as many AI agents as human employees within three years, driven by rising enterprise AI adoption and technology spending

TCS's share of Tata Group's market cap falls to a 21-year low as its stock declines sharply, even as non-TCS Tata companies hit record valuations

The agreement will see TCS modernise and manage Canada Life's IT infrastructure across its European businesses, leveraging AI and digital capabilities to improve resilience and automation

Thus far in the calendar year 2026, the market price of TCS tanked 33 per cent, as compared to 11.5 per cent fall in the Nifty 50.

IT stocks witnessed heavy selling pressure on Wednesday tracking overnight losses in technology shares in the US market. Indian ADRs cracked up to 8%.

This brings the combined license commitment to 300,000 seats within six months. Puneet Chandok, president Microsoft India and South Asia says that enterprise AI at scale is gathering pace

The statements come after candidates at several examination centres reported disruptions during the morning shift of the entrance test

TCS will leverage Mistral Forge to build custom AI models for enterprises across BFSI, manufacturing, healthcare and the public sector

The country's largest IT services company TCS on Wednesday announced that it has bagged a multi-year deal from Swedish bearings maker SKF. The financial details were not shared, but people in the know called it a multi-year, multi-million dollar engagement. The deal, which comes at a time when concerns are being raised about the IT sector story following the advent of AI, involves modernisation of SKF's existing IT landscape. TCS will enable SKF to build a future-ready digital enterprise, leveraging AI to reimagine industrial manufacturing business, a statement said. The Indian IT major will provide end-to-end managed services across applications, infrastructure, data, end-user services, security, and connectivity for SKF across the globe. "Together, we are applying data-driven intelligence and AI to create an agile enterprise that can adapt to technological and market change while supporting long-term sustainable growth and competitiveness," TCS' chief executive and managing dire

Among the companies, Bajaj Auto has announced the highest final dividend of ₹150 per share, with May 29, 2026, fixed as the record date

High performers, employees in the top-rated A+ category, have received hikes of more than 10 per cent, the sources added

The country's largest IT firm TCS aims to become the world's largest AI-led technology services company, with 130 of its top 139 clients already choosing it as their AI services partner, CEO and Managing Director K Krithivasan said. In his letter to shareholders in the company's Annual Report for 2025-26, Krithivasan noted that FY26 marked an "inflection point" for enterprise AI, as customers decisively moved from experimental pilots to scaled deployments. "To realise the opportunities offered by AI, we set out a bold aspiration to become the world's largest AI-led technology services company. Our strategy to realize this aspiration, is to be a full-stack AI services player from Infrastructure to Intelligence," Krithivasan wrote. He highlighted that 130 of TCS' top 139 clients - those generating over USD 50 million in annual revenues - have selected the company as their AI services partner. To support this massive technological shift, TCS has aggressively upskilled its workforce. .

TCS chief executive officer K Krithivasan's remuneration rose to ₹28.1 crore in FY26, while the company said employee salary increases remained aligned with market trends

The case has attracted nationwide attention as it involves India's top software-services exporter, which has annual revenue of $30 billion and is part of the salt-to-aviation Tata Group

Nida Khan, an absconding TCS employee accused in a case of alleged religious conversion and sexual harassment at the company's Nashik unit, was arrested in central Maharashtra's Chhatrapati Sambhajinagar with police claiming that a local AIMIM corporator had provided her shelter. Following her arrest on Thursday, she was produced before the Nashik Road sessions court on Friday. The court remanded her in police custody till May 11. After her name figured in a First Information Report registered at Deolali Camp police station, Khan (27) had moved the sessions court last month seeking anticipatory bail, pleading innocence and citing her three months pregnancy. Rejecting the plea on May 2, the court had said there seemed to be a "systematic plan" of brainwashing the victim. Reacting to the development, Maharashtra Chief Minister Devendra Fadnavis said it was clear that the AIMIM had a role to play in sheltering Nida Khan. "We will find out who was behind it. We will also find out wheth

Nashik TCS sexual harassment and religious coercion case accused Nida Khan was held on Thursday in Chhatrapati Sambhajinagar, a police official said here. She was held with the help of Chhatrapati Sambhajinagar police and the crime branch of that city, Nashik police commissioner Sandeep Karnik informed. Khan is an accused in the Deolali Camp police station crime register number 156/26 here, he said. The Special Investigation Team (SIT) of the Nashik police is probing nine cases of molestation and harassment at the IT major's Nashik unit. It had arrested eight persons, including a female operations manager, by registering nine FIRs after allegations of exploitation, attempt of forceful conversion, hurting religious sentiments, molestation and mental harassment of female employees at the TCS unit came to light. The SIT had launched a search for Khan in different parts of Maharashtra. She is accused of targeting employees in a WhatsApp group, pressuring them to pray and eat ...

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 ...