As much as 80 per cent of TCS' new hires will be talent with digital and Artificial Intelligence (AI) skills going forward, a top company official has said. With the share of AI-led work in overall revenue growing to 10 per cent in the recently concluded September quarter, the country's largest IT services company said a growth in the share of AI revenues will help it expand its profit margins, which remain below its aspirational levels. "Of the 4,500 that we have added in Q2, I would say safely 25 to 30 per cent are pure AI and total about 80 per cent is new age," the company's chief operating officer Arathi Subramanian told PTI here. When asked if the same proportion will continue going ahead as well, she replied in the affirmative and added that the desired talent is available in the market. When asked if it is advantage for freshers over the mid-career professionals in this sort environment, where their AI-nativity and relatively lower costs would be of help to the former, she
India's largest IT services company TCS feels that the US is unlikely to target tech companies based on their domicile and actions like last week's decision to suspend a green card application programme are driven by local sensitivities around jobs. TCS chief executive and managing director K Krithivasan said companies are "deeply ingrained" in the US' technology ecosystem and provide an important service. "I do not think the governments will really look at it from a domicile perspective. I think what the governments have been looking at is from an employment perspective," Krithivasan told PTI in an interview at the company's corporate headquarters here. Sensitivities around local job creation may be leading the governments to take actions like the one against the eight companies including TCS, Krithivasan said, stressing that the last week's decision has no material impact for the largest Indian IT services company. TCS, which has been sending staff to the US when clients demand s
Employees in C3A grade and above will receive no quarterly variable allowance this quarter, while junior-level staff will get 100 per cent of their eligible pay, an internal memo said
Hitesh Tailor, technical analyst at Choice Broking flags that the TCS stock trades below key EMAs on the daily and weekly charts, and expects strong resistance between ₹2,250-2,330 levels.
The IT services major said its PERM applications were in single digits over the past two years and reiterated plans to hire 15,000 people in the US over five years
Trump administration halts green card processing for select tech firms: Impact on Indians decoded
India's largest IT services firm says hiring will track client demand as it invests in AI skills, workforce training and niche talent, while subcontractor expenses rise in Q2
The company's revenue grew 11.2 per cent in reported terms to Rs 73,188 crore for the second quarter, compared to Rs 65,799 crore year-on-year
Tata Trusts, led by Chairman Noel Tata and holding 66% of Tata Sons, has proposed merging TESS and TCE with Tata Sons to help the holding company remain private and exit the RBI's NBFC/CIC framework.
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
The brokerage firm noted that the company's commentary continues to indicate decent demand; however, macro uncertainty persists.
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
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
To also acquire German auto giant's IT unit for ₹3,574 crore
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 combined market valuation of five of the top-10 most valued firms eroded by Rs 1 lakh crore last week, with IT bellwether TCS taking the biggest hit, amid a bearish trend in domestic equities. Last week, the BSE benchmark Sensex declined 489.92 points, or 0.62 per cent, and the NSE Nifty dipped 204.65 points, or 0.83 per cent. "Markets ended the week lower as elevated crude oil prices, renewed geopolitical uncertainty and mixed global cues weighed on investor sentiment," Ajit Mishra SVP, Research, Religare Broking Ltd, said. While Reliance Industries, HDFC Bank, ICICI Bank, State Bank of India and Tata Consultancy Services (TCS) faced erosion from their valuation, Bharti Airtel, Bajaj Finance, Larsen & Toubro, Life Insurance Corporation of India (LIC) and Hindustan Unilever were the winners from the top-10 pack. These five firms together added Rs 55,149.45 crore in market valuation. The market valuation of TCS eroded by Rs 34,263.28 crore to Rs 8,53,506.85 crore. Reliance ...
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
Chandrasekaran joined the Tata group nearly 40 years ago and rose through the ranks to become the CEO of Tata Consultancy Services in 2009 and the chairman of the group in 2017
TCS said it had safeguards in place for more than two years against the method used to carry out the attack. The IT firm's operational systems have not been affected, it added