Monday, July 06, 2026 | 05:58 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Tata Consultancy Services Ltd News

TCS to Infosys: 9 out of 10 Nifty IT stocks trade up to 27% below 200-DMA

The Nifty IT currently quotes around 20 per cent below its 200-DMA. TCS, Infosys, Wipro and HCL Technologies are down in the range of 21-26 per cent form respective 200-DMAs.

TCS to Infosys: 9 out of 10 Nifty IT stocks trade up to 27% below 200-DMA
Updated On : 02 Jul 2026 | 11:52 AM IST

Nifty IT index rebounds, up 4% after 4-day fall; Infy, TCS surge up to 5%

In the past 20 trading days, the Nifty IT index tanked 17 per cent, as against a 2.2 per cent rise in the Nifty 50 till Wednesday.

Nifty IT index rebounds, up 4% after 4-day fall; Infy, TCS surge up to 5%
Updated On : 02 Jul 2026 | 10:40 AM IST

AI, uncertain macros, volatile geopolitics may cloud IT earnings

Analysts expect another subdued quarter for IT services companies as macroeconomic uncertainty, delayed deal conversions and AI-led pricing pressures weigh on growth and margins

AI, uncertain macros, volatile geopolitics may cloud IT earnings
Updated On : 01 Jul 2026 | 8:02 PM IST

Nifty IT sinks 2% to 3-year low; TCS, Infosys, HCL Tech, LTM hit 52-wk lows

As per data, the Nifty IT Index has corrected nearly 42 per cent from its all-time high of 46,089, recorded in December 2024, and is now trading close to its April 2023 lows.

Nifty IT sinks 2% to 3-year low; TCS, Infosys, HCL Tech, LTM hit 52-wk lows
Updated On : 30 Jun 2026 | 10:54 AM IST

IT weighting in Nifty drops to record low amid prolonged sector selloff

Indian IT firms hit their lowest Nifty 50 weight in over two decades as AI disruption fears and a sector-wide selloff erode market influence

IT weighting in Nifty drops to record low amid prolonged sector selloff
Updated On : 24 Jun 2026 | 11:32 PM IST

Nifty IT index slips 2%; TCS, Infosys, HCL Tech, LTM, Wipro down up to 3%

In the past three weeks, the Nifty IT index tanked 13 per cent, as against 2 per cent rise in the Nifty 50.

Nifty IT index slips 2%; TCS, Infosys, HCL Tech, LTM, Wipro down up to 3%
Updated On : 23 Jun 2026 | 1:38 PM IST

Accenture impact: Nifty IT index cracks 6%; TCS, Infy, TechM plunge up to 8%

Indian IT stocks fell on Friday as Accenture narrowed its annual revenue growth forecast and issued weaker-than-expected fourth-quarter guidance, despite steady quarterly earnings.

Accenture impact: Nifty IT index cracks 6%; TCS, Infy, TechM plunge up to 8%
Updated On : 19 Jun 2026 | 9:49 AM IST

IT shares trade weak; Infy, TCS, HCL Tech, Wipro slip up to 2%; here's why

Fed decision, weak US cues: At 10:18 AM on Thursday, the Nifty IT index was the top sectoral loser, down 1 per cent, as against a 0.10 per cent rise in the Nifty 50.

IT shares trade weak; Infy, TCS, HCL Tech, Wipro slip up to 2%; here's why
Updated On : 18 Jun 2026 | 11:21 AM IST

TCS to take additional $70 million blow from DXC Technology case in US

The suit accused TCS of exploiting software access granted to Transamerica employees, who were transferred to TCS in a $2 billion deal

TCS to take additional $70 million blow from DXC Technology case in US
Updated On : 16 Jun 2026 | 4:37 PM IST

US Supreme Court rejects TCS challenge in $168 million trade secrets case

Tata had appealed ‌after a lower court upheld a judge's decision to set the award at $56 million in compensatory damages and $112 million in punitive damages to Ashburn, Virginia-based DXC

US Supreme Court rejects TCS challenge in $168 million trade secrets case
Updated On : 16 Jun 2026 | 10:12 AM IST

TCS to take $70 mn hit after US SC rejects appeal in trade secrets case

TCS, which had already set aside $150 million for the case, said it will book a further $70 million towards damages, interest and legal costs as a one-time exceptional charge in the first quarter of 2

TCS to take $70 mn hit after US SC rejects appeal in trade secrets  case
Updated On : 16 Jun 2026 | 10:03 AM IST

TCS launches India's first Oracle AI Data platform lab in Kolkata

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

TCS launches India's first Oracle AI Data platform lab in Kolkata
Updated On : 12 Jun 2026 | 2:08 PM IST

TCS announces strategic partnership with Anthropic; to set up dedicated BU

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

TCS announces strategic partnership with Anthropic; to set up dedicated BU
Updated On : 11 Jun 2026 | 12:12 PM IST

IT rout deepens: Nifty IT falls 3%, down 9% in 6 days on risk-off sentiment

Analysts attributed the sustained weakness in the Nifty IT index to broad-based pressure in global technology stocks, cautious sentiment over slower US tech spending, and rising geopolitical tensions

IT rout deepens: Nifty IT falls 3%, down 9% in 6 days on risk-off sentiment
Updated On : 11 Jun 2026 | 11:44 AM IST

TCS partners Anthropic to scale AI; to equip 50K employees with Claude

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 partners Anthropic to scale AI; to equip 50K employees with Claude
Updated On : 11 Jun 2026 | 11:31 AM IST

TCS will have as many AI agents as human employees: Chandrasekaran

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 will have as many AI agents as human employees: Chandrasekaran
Updated On : 09 Jun 2026 | 12:59 PM IST

TCS sets up dedicated business unit for AI-native GCC operations

The new Global Value & Innovation Centres unit will help enterprises set up AI-native GCCs and transform existing centres into innovation- and value-driven operations

TCS sets up dedicated business unit for AI-native GCC operations
Updated On : 08 Jun 2026 | 9:33 PM IST

TCS signs deal to modernise Canada Life's IT infra services across Europe

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

TCS signs deal to modernise Canada Life's IT infra services across Europe
Updated On : 08 Jun 2026 | 2:04 PM IST

IT stocks crash up to 36% from Feb peak; should you buy?

Hitesh Rathi, technical analyst at Angel One says that IT stocks continue to trade with a negative bias on the charts, and are prone to further fall if they dip below the crucial support zones.

IT stocks crash up to 36% from Feb peak; should you buy?
Updated On : 08 Jun 2026 | 1:04 PM IST

Nifty IT index tanks 9% in 4 days; Wipro, TCS down up to 6%; here's why

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.

Nifty IT index tanks 9% in 4 days; Wipro, TCS down up to 6%; here's why
Updated On : 08 Jun 2026 | 10:35 AM IST