Page 4 - Tata Consultancy Services

Gloomy Monday morning at TCS as its mass layoffs jolt employees

This is the first time TCS has officially announced large-scale layoffs

TCS stock on verge to break this 16-year-old trend; can crash another 16%

TCS on Monday was seen trading below the monthly super trend line support for the first time since July 2009. The next stop could be the 100-MMA, hints the technical charts.

Signs of the future: India must prepare to deal with AI adoption

The fast-changing technology landscape, with the growth and adoption of AI, is making not only tech firms but businesses across the spectrum adapt

TCS to lay off 2% of its workforce, impacting over 12,000 employees

Tata Consultancy Services (TCS) will lay off about 2% of its workforce, or 12,260 people, as part of its Project Fluidity, aiming to become a more agile, AI-led organisation

Labour ministry asks TCS to meet CLC next week to discuss onboarding delay

According to the letter sent by the ministry addressing the chairman and managing director of TCS, the meeting will be held on August 1

Mcap of 6 of 10 most valued firms slumps Rs 94,433 cr; TCS, RIL top losers

The combined market valuation of 6 of the top-10 most valued firms declined by Rs 94,433.12 crore last week, with Tata Consultancy Services and Reliance Industries taking the biggest hit, in line with a bearish trend in equities. Last week, the BSE benchmark tumbled 742.74 points or 0.90 per cent. While Reliance Industries, HDFC Bank, Tata Consultancy Services (TCS), Bharti Airtel, Infosys and Hindustan Unilever suffered erosion from their market valuation last week, ICICI Bank, State Bank of India, Bajaj Finance and Life Insurance Corporation of India (LIC) emerged as gainers. The valuation of TCS tumbled Rs 27,334.65 crore to Rs 11,54,115.65 crore, the most among the top-10 firms. Reliance Industries suffered an erosion of Rs 24,358.45 crore to Rs 19,98,543.22 crore from its valuation. The market capitalisation (mcap) of HDFC Bank tanked Rs 20,051.59 crore to Rs 15,00,917.42 crore. Bharti Airtel's mcap dropped by Rs 11,888.89 crore to Rs 10,83,998.73 crore, and that of Hindusta

Tata Digital to get $400 million boost from Tata Sons' TCS dividend

Tata Sons will invest $400 million in Tata Digital, using dividend income from TCS. The funding aims to support the struggling digital arm, which includes BigBasket, Tata 1mg, and Tata Cliq

TCS maintains 100% variable pay for 70% of staff in Q1 despite slowdown

India's largest IT firm pays full QVA to majority of its staff for the second straight quarter, even as revenue growth hits a multi-year low and annual hikes remain deferred

Getting people back to office was among toughest challenges: TCS' Lakkad

Lakkad and Kunnumul talk about talent, technology, transition, and what lies ahead for TCS's 600,000+ workforce

TCS shares slip as Q1 misses street forecast; should you buy, hold or sell?

Kotak Institutional Equities expects FY2026 to be a year of underperformance for TCS, after its Q1 results missed expectations

TCS stock breaks near-term support post Q1 show, can dip another 5%; charts

TCS share price slipped below the trend line support on the daily scale post Q1 results; the stock can potentially drop another 5 per cent, suggest technical charts.

Stocks to Watch today, July 11: TCS, IREDA, ZEE, HUL, Tata Steel

Stocks to Watch today, July 11, 2025: TCS, IREDA, Glenmark Pharmaceuticals, HUL and Tata Steel are some of the top stocks to watch today

No clarity on FY25 salary hike, says TCS amid economic uncertainties

TCS has not decided on salary hikes for FY25 due to macroeconomic uncertainties and delayed deal closures, with an update expected once the situation improves, says HR head Milind Lakkad

TCS Q1 FY26 net profit rises 6%; misses estimate on revenue growth

TCS reports a 6% YoY rise in net profit for Q1 FY26, but misses revenue growth expectations. The company's revenue grew by just 1.3%, falling short of analysts' forecasts

TCS Q1 Preview: Revenue, profit to dip sequentially amid demand uncertainty

TCS Q1 Preview: The IT major is likely to see a 0.21 per cent quarter-on-quarter (Q-o-Q) dip in revenue to ₹64,342.93 crore, according to analysts

CBI books ex-officials of TCE, JNPT in ₹800 cr ship channel dredging scam

The Central Bureau of Investigation has filed a case against former officials of Jawaharlal Nehru Port Trust (JNPT) and Tata Consulting Engineers (TCE), and two dredging companies over alleged irregularities worth over Rs 800 crore in the Capital Dredging Project to deepen ship navigational channels near Mumbai, officials said. The agency took the action after a three-year-long preliminary inquiry to look into the allegations of inflated estimates, throttling of competition to favour international bidders, extension of undue favours to contractors, and suppression of reports of independent expert organisations. In its FIR, the CBI has booked the then chief engineer of JNPT Sunil Kumar Madabhavi, then project director of TCE, Devdutt Bose, Boskalis Smit India LLP, Jan De Nul Dredging India Pvt Ltd and other unidentified public servants under IPC Section 120-B (criminal conspiracy), 420 (cheating) and provisions of the Prevention of Corruption Act. After the FIR was registered on ...

None of our systems compromised in M&S hack, other clients safe: TCS

This is the first time India's No 1 IT services company has publicly commented on the cyber hack. M&S did not immediately respond to a request for comment

TCS, Salling Group partner for IT transformation, AI-based cloud migration

Tata Consultancy Services (TCS) on Monday said it has entered a long-term strategic partnership with Denmark's largest retailer, Salling Group, to support its digital transformation and AI-enabled cloud migration. The collaboration will cover Salling Group's 2,100 stores and 68,000 employees across Denmark, Poland, Germany, Estonia, Lithuania, and Latvia, including brands such as toy store chain BR, franchise quick-service restaurants Carl's Jr. and Starbucks, grocers ftex, Bilka, Netto, and RIMI Baltic, according to a company statement. "TCS will help the Salling Group's cloud adoption journey and subsequently stabilise the operations with the aim of driving more agility, scalability, and sustainability. "Additionally, TCS will support the retail group's digital transformation, focusing on enhancing the e-commerce platform to be more responsive to the evolving consumer demands," it said. TCS will deploy its AI-enabled cloud operations solution, Cloud Exponence, to deliver smart .

Stocks to buy today: InCred Equities picks 21 stocks to 'Add' for June 2025

Looking for the best stocks to buy today? Incred Equities has released its top stock picks for June 2025, recommending 21 stocks to 'Add' across largecap, midcap, and smallcap segments

TCS and Virgin Airlines sign 7-year agreement for AI, cloud upgrade

TCS will help modernise the Virgin Airlines' core technology systems, including pricing, seat allocation, maintenance, and anticipate customer preferences and meal choices