Tata Chemicals, Tata Investment Corporation, Afcon Infrastructure, and Forbes & Company zoomed up to 20 per cent on the BSE in intra-day deals.
Indian IT stocks have been one of the biggest casualties of AI boom, having lost 21 per cent on a year-to-date basis.
RBI's directive for an immediate listing marks a turning point in a dispute spanning Tata Sons' private status, upper-layer NBFC classification and failed deregistration bid
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'
Stocks to watch: Sun Pharma, Suzlon Energy, OMCs, Biocon, IHCL, Tata Power, TCS, Jio Financial Services, HCL Technologies, Emami Ltd, Bajaj Finance, among others, will be in focus today.
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
The brokerage firm noted that the company's commentary continues to indicate decent demand; however, macro uncertainty persists.
Stocks to watch today: ICICI Bank, LIC, SBI, Dixon Tech, TCS, NMDC, JSW Steel, RVNL, Tata Motors, CG Power, BEML, among others, will be in focus today.
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
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.
IT stocks rallied on Friday after Nvidia's strong revenue forecast reinforced optimism around the artificial intelligence (AI) boom.
Industry body says Indian IT firms have stepped up local hiring and invested over $1.1 billion in strengthening the US STEM pipeline amid proposed higher visa fees
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.
Stocks to watch today: Hindustan Copper OFS will be launched by the government today, while TCS has signed an agreement with Porsche.
To also acquire German auto giant's IT unit for ₹3,574 crore
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.
AI is pushing Indian IT companies towards outcome-based pricing, with newer deals increasingly linking payments to measurable business results
IT Q1FY27 review: As per MOFSL, revenue growth in Q1 was led by Tier-2 pack IT services companies. Tier-1 players grew 0.4 per cent Q-o-Q CC, while Tier-2 players outperformed with 1.8 per cent growth
In the past one week, Nifty IT index has corrected 4.8 per cent, compared to 1.2 per cent decline in the Nifty 50.