TCS

Chandrasekaran's continuation brings relief, but TCS remains under pressure from AI disruption, geopolitical risks and high bond yields

Indian IT stocks have been one of the biggest casualties of AI boom, having lost 21 per cent on a year-to-date basis.

Tata Consultancy Services (TCS) on Wednesday announced the launch of an Industrial Autonomy & Engineering Lab at its Sahyadri Park campus in Pune, which the IT major described as India's first lights-out factory lab aimed at advancing artificial intelligence (AI)-led manufacturing. A lights-out factory refers to a manufacturing facility where autonomous systems operate production lines with minimal human intervention. In a regulatory filing, TCS said the new facility houses a fully robotic battery pack assembly line. The live multi-stage setup will allow manufacturers to prototype, validate and scale AI-first production systems while reducing deployment risks. The facility simulates how self-optimising factories can automate workflows by combining digital twins, robotics, industrial AI, factory control systems and real-time operational intelligence, the company said. "With our state-of-the-art TCS Industrial Autonomy & Engineering Lab Lights-Out Factory, we are advancing TCS'

TCS wins a ₹122.6-crore bid to implement OSWAS 3.0, the next phase of Odisha's digital governance platform, extending its partnership with the state government

TCS subsidiary HyperVault has selected Hyderabad for a 1 GW AI data centre campus, with investments of up to ₹70,000 crore planned by the company and its partners

Two schemes, including SBI Focused Fund, have no IT services exposure

Today's opinions examine TCS' AI-era dealmaking, Himalayan climate risks, women's unpaid burden in livestock, India's water use and private equity's growing role in healthcare

Comparing AI's infrastructural significance to landmark inventions like steam engine and the internet, Mr Chandrasekaran pointed out that AI was an opportunity that would unlock demand

So far this month, the IT index remains unchanged. In July, it recorded its best gain in six months following a 17 per cent rise.

Tejas Networks' share price opened at ₹540.60 on the BSE today as against the last closing price of ₹510.85 apiece. Soon after it rallied to the intraday peak of ₹576.80.

The €320 million acquisition could pressure near-term margins due to MHP's onsite-heavy model, but offers TCS cross-selling opportunities and a stronger European presence

Brokerages JM Financial and Emkay Global maintained their 'ADD' ratings on TCS stock following the strategic deal announcement with Porsche.

In an in-person interview, K Krithivasan , CEO and managing director TCS and Michael Leiters, CEO, Porsche AG talk about the acquisition and the carve-out with Shivani Shinde.

Large contracts are supporting deal values at Indian IT firms, but weaker discretionary spending and AI-led pricing pressure are squeezing the flow of smaller projects

In the first of a two-part series, Business Standard examines the funding needs of Tata Electronics, Air India, Agratas and Tata Digital - and the role Tata Sons may play in financing them

TCS said its platform allows pharma firms to build and deploy customised AI agent hubs across workflows with minimal integration and implementation effort, while maintaining regulatory compliance.

The companies demonstrated the operation of a modern aero gas turbine across a fully simulated flight cycle using 100 per cent hydrogen, including take-off and landing

Indian firms cut fresh visa registrations as extensions, transfers, and local hiring gain ground

He used the dividend bonanza to invest nearly ₹1 trillion in group unlisted companies and new ventures, more than its predecessors

Chandrasekaran's exit as Tata Sons chairman marks a major shift for TCS, leaving its leadership to navigate AI disruption without the group chairman's deep expertise