Among the companies, Bajaj Auto has announced the highest final dividend of ₹150 per share, with May 29, 2026, fixed as the record date
High performers, employees in the top-rated A+ category, have received hikes of more than 10 per cent, the sources added
The country's largest IT firm TCS aims to become the world's largest AI-led technology services company, with 130 of its top 139 clients already choosing it as their AI services partner, CEO and Managing Director K Krithivasan said. In his letter to shareholders in the company's Annual Report for 2025-26, Krithivasan noted that FY26 marked an "inflection point" for enterprise AI, as customers decisively moved from experimental pilots to scaled deployments. "To realise the opportunities offered by AI, we set out a bold aspiration to become the world's largest AI-led technology services company. Our strategy to realize this aspiration, is to be a full-stack AI services player from Infrastructure to Intelligence," Krithivasan wrote. He highlighted that 130 of TCS' top 139 clients - those generating over USD 50 million in annual revenues - have selected the company as their AI services partner. To support this massive technological shift, TCS has aggressively upskilled its workforce. .
TCS chief executive officer K Krithivasan's remuneration rose to ₹28.1 crore in FY26, while the company said employee salary increases remained aligned with market trends
The case has attracted nationwide attention as it involves India's top software-services exporter, which has annual revenue of $30 billion and is part of the salt-to-aviation Tata Group
Nida Khan, an absconding TCS employee accused in a case of alleged religious conversion and sexual harassment at the company's Nashik unit, was arrested in central Maharashtra's Chhatrapati Sambhajinagar with police claiming that a local AIMIM corporator had provided her shelter. Following her arrest on Thursday, she was produced before the Nashik Road sessions court on Friday. The court remanded her in police custody till May 11. After her name figured in a First Information Report registered at Deolali Camp police station, Khan (27) had moved the sessions court last month seeking anticipatory bail, pleading innocence and citing her three months pregnancy. Rejecting the plea on May 2, the court had said there seemed to be a "systematic plan" of brainwashing the victim. Reacting to the development, Maharashtra Chief Minister Devendra Fadnavis said it was clear that the AIMIM had a role to play in sheltering Nida Khan. "We will find out who was behind it. We will also find out wheth
Nashik TCS sexual harassment and religious coercion case accused Nida Khan was held on Thursday in Chhatrapati Sambhajinagar, a police official said here. She was held with the help of Chhatrapati Sambhajinagar police and the crime branch of that city, Nashik police commissioner Sandeep Karnik informed. Khan is an accused in the Deolali Camp police station crime register number 156/26 here, he said. The Special Investigation Team (SIT) of the Nashik police is probing nine cases of molestation and harassment at the IT major's Nashik unit. It had arrested eight persons, including a female operations manager, by registering nine FIRs after allegations of exploitation, attempt of forceful conversion, hurting religious sentiments, molestation and mental harassment of female employees at the TCS unit came to light. The SIT had launched a search for Khan in different parts of Maharashtra. She is accused of targeting employees in a WhatsApp group, pressuring them to pray and eat ...
The combined market valuation of seven of the top-10 most-valued firms eroded by Rs 2 lakh crore last week, with Tata Consultancy Services and Reliance Industries emerging as the biggest laggards, in-tandem with a bearish trend in equities. Last week, the BSE benchmark Sensex tanked 1,829.33 points, or 2.33 per cent, and the NSE Nifty dropped 455.6 points, or 1.87 per cent. "Markets ended lower after two consecutive weeks of gains, weighed down by heightened geopolitical tensions and weak earnings commentary from IT majors," Ajit Mishra -- SVP, Research, Religare Broking Ltd, said. Global developments continued to dominate market direction, with ongoing uncertainty around the West Asia crisis and concerns over supply disruptions keeping crude oil prices elevated, he added. The combined market valuation of seven of the top-10 most valued firms dropped by Rs 2,05,343.06 crore. The market valuation of Tata Consultancy Services (TCS) tumbled Rs 66,699.44 crore to Rs 8,67,364.12 ...
TCS allows work-from-home at its Nashik centre after harassment allegations trigger arrests and a police probe into workplace safety concerns
A post on X alleged that many girls were complaining of jihadi harassment at Infosys' BPO office in Pune. The post, which did not give any details, was deleted later
Is this a temporary slowdown driven by demand uncertainty, or the beginning of a structural change in how large IT firms build their workforce in the age of AI?
Krithivasan discusses growth prospects for FY27, the perceived threat from artificial intelligence tools, and hiring trends
TCS rolls out 25,000 fresher offers for FY27, its slowest start in years, as AI-led skill gaps and cautious hiring reshape campus recruitment trends
AI deals will gradually shift pricing toward outcome-based models as enterprises move from pilots to execution and demand measurable results, says Seksaria
IT major Tata Consultancy Services (TCS) on Sunday said that the firm has adopted a zero-tolerance policy towards harassment and coercion of any form for a long time, confirming the suspension of employees allegedly involved in sexual harassment at its Nashik office. The clarification comes in the wake of allegations of sexual harassment and forced religious conversion by eight female employees at the multinational company's office in Nashik. Earlier this week, the police formed a special investigation team (SIT) to probe the complaints lodged by eight employees, who claimed that senior colleagues mentally and sexually harassed them, and the human resources department turned a deaf ear to their complaints. The police have since arrested seven people, including the company's female HR manager. The company, in a statement, said, "TCS has a long-standing zero-tolerance policy towards harassment and coercion of any form. We have always ensured the highest standards of safety and ...
TCS has made 25,000 offers to freshers in the current fiscal, and pointed out that the demand scenario will determine whether it hires more college graduates, a top official has said. The largest information technology services company had hired 44,000 freshers in FY26, one of the highest by any private sector employer in the country, despite the headwinds it faced. "We have made 25,000 offers for freshers in FY27. Clarity on demand will lead to more hiring," its chief executive and managing director K Krithivasan told PTI in an interview over the weekend. When asked if the company will up its dependence on lateral hires and if the delivery model has undergone any change, he replied in the negative. Explaining that it takes up to nine months of training before a fresher comes on the floor, while a lateral can deliver immediately, he said, adding that business needs will influence its hiring strategies. The company has been hiring 40,000 or more freshers every fiscal year for at le
TCS posted a revenue of ₹70,698 crore, as compared to ₹64,479 crore a year ago, up 9.6 per cent Y-o-Y
IT major rolls out pay increases effective April 1 across grades, even as headcount declines year-on-year and the company steps up investments in AI-ready workforce
Brokerages tracked by Business Standard estimate TCS' net profit at an average of ₹13,918.6 crore, compared with ₹12,224 crore a year ago, up 13.86 per cent year-on-year (Y-o-Y)
Selloff knocks India out of $200-billion club, hits top firms; broker dynamics shift and IPO activity slows amid rising market volatility