Tata Consultancy Services Ltd News

Tata Consultancy Services wealth erosion tops $100 billion from peak

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

TCS stock at lowest level since October 2020, tanks 17% in 1 month

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.

Sensex stocks: HDFC Bank, TCS, Asian Paints, IndiGo, Trent hit 52-week lows

Ambuja Cements, DLF, Dixon, Gail, Indian Hotels, Shree Cement, REC, Tata Motors PV, Wipro, Suzlon, Coforge, and Info Edge, among the BSE 100 index, also hit their respective 52-week lows amid Iran war

TCS in 'advanced' talks for more AI data centers in India as demand rises

"We are having discussions with multiple other hyperscalers," said Chief Executive Officer K Krithivasan during an interview at the company's offices in London.

Why are IT shares gaining in a falling market? Infosys up 2%, Persistent 1%

IT stocks outperformed the market on Wednesday as rupee breached the 92 per dollar-mark. Shares of Infosys, TCS, HCL Tech gained amid the market crash

Antique cuts TCS, HCLTech to 'Hold'; slashes growth estimates on AI risks

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

TCS asks staff to use AI even if it means 'cannibalising' revenue streams

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

TCS, HCLTech, Infosys: IT stocks gain up to 4% in trade; Nifty IT rises 3%

Individually, HCLTech shares were up 3.57 per cent; Infosys, Tech Mahindra, TCS, and Wipro were trading over 2 per cent higher

Nifty IT enters bearish phase, charts signal sell on rise trend: Analysts

The IT index decline gathered pace after it broke down from a Head and Shoulders pattern on the weekly chart - a classic signal of a structural trend reversal, explains Sachin Gupta of Choice Broking.

Nifty IT hits 2-year low; Tech stocks slide up to 5% on renewed AI fears

The Nifty IT index has lost over 19 per cent in CY26 as compared to a nearly 2 per cent dip in the Nifty 50 index during this period

FIIs cut stake in IT firms in Q3FY26 amid AI woes; here's what data shows

According to the shareholding pattern of top Indian IT companies, FIIs have trimmed their stake over the last one year amid growing fear that AI is causing significant disruption

Infosys, TCS: Jefferies downgrades Indian IT stocks, cuts earnings estimate

The global research and broking house has cut their earnings estimates by 1-4 per cent across IT firms and expects 6 per cent earnings CAGR over FY26-28.

TCS CEO & MD K Krithivasan sees no major shrinkage of jobs due to AI

TCS CEO K Krithivasan said AI will not cause significant job shrinkage in software engineering, noting evolving roles and sustained need for system integration despite rising automation

Grads with AI skills 60% of TCS' fresher hiring: HR head Sudeep Kunnumal

TCS is rapidly increasing hiring of engineering graduates with specialised AI and digital skills, with high-skill cadres now accounting for 60% of fresher intake as it pursues an AI-first strategy

India AI Impact Summit: Dalal Street reacts to high-stakes partnerships

The Tata Group, Reliance Industries, Larsen & Toubro, and Eternal announced partnerships and pledged investments in artificial intelligence adoptions and growth during the AI Impact Summit in New Delh

TCS share price climbs 2% in intraday on partnership with OpenAI

Today's rebound in TCS shares came as the Tata group announced a partnership with OpenAI amid the ongoing India AI Impact Summit in New Delhi

Tata Group, OpenAI announce partnership to build 100 MW data centre

Tata Group and TCS join hands with OpenAI to set up a 100 MW AI data centre in India, scale enterprise AI adoption and enable industry-specific solutions globally

Tata signs OpenAI as 1st customer for data centre under Stargate initiative

The deal is a major boost for TCS, which in a strategic shift last year ‌disclosed plans to invest up to $7 billion in a 1 gigawatt data centre unit in India

Indian IT stocks may stage technical rebound after selloff creates value

The correction in IT stocks has been driven by mounting concerns among investors over the potential impact of AI on the sector's growth outlook

TCS, AMD expand AI partnership with Helios data centre push in India

The collaboration includes a blueprint for AI-ready data centres capable of scaling up to 200 megawatts of capacity