Page 4 - Tata Consultancy Services

AI deal pricing to move towards outcome-based structures: TCS CFO

AI deals will gradually shift pricing toward outcome-based models as enterprises move from pilots to execution and demand measurable results, says Seksaria

Zero tolerance for harassment, staff accused in Nashik case suspended: TCS

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 makes 25,000 fresher offers in FY27, more hiring depends on demand: CEO

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 slips 3%; analysts bullish on AI traction, split on growth outlook

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

TCS announces annual salary hikes across all grades effective April 1

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

TCS Q4 preview: Profit may rise 14% YoY; AI, deal wins key monitorables

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)

Street signs: Bank-backed brokers may regain edge, IPO pipeline stalls

Selloff knocks India out of $200-billion club, hits top firms; broker dynamics shift and IPO activity slows amid rising market volatility

TCS gains 2% in weak market; stock among ICICI Securities top IT picks

In the past year, TCS's share price has plunged by 34 per cent, compared to a 4.6 per cent fall in the BSE Sensex.

TCS, Swissport International extend tech support partnership by 5 years

Indian IT services company to drive aviation services provider's AI transformation, Cloud modernisation

TCS, HUL, Ashok Leyland, 2 more stocks may fall up to 14%: Tech analyst

Muthuselvaraj M, Research Analyst at Mirae Asset ShareKhan highlights that TCS and HUL have broken down from a triangle pattern, while Ashok Leyland may have formed a double top on the weekly chart.

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.

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 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

Mcap of 6 top valued firms erodes by ₹3 trn; TCS, Infosys biggest laggards

The combined market valuation of six of the top 10 valued firms eroded by more than Rs 3 lakh crore last week, with IT majors Tata Consultancy Services (TCS) and Infosys emerging as the biggest laggards amid a bearish trend in equities. The BSE benchmark declined by 953.64 points, or 1.14 per cent, over the past week. TCS, Infosys, HDFC Bank, Reliance Industries, Life Insurance Corporation of India (LIC), and Bharti Airtel faced erosion from their valuation, while State Bank of India, Bajaj Finance, Larsen & Toubro and ICICI Bank were the gainers. The market valuation of TCS tumbled Rs 90,198.92 crore to Rs 9,74,043.43 crore, while Infosys' valuation eroded by Rs 70,780.23 crore to Rs 5,55,287.72 crore. The market valuation of HDFC Bank declined by Rs 54,627.71 crore to Rs 13,93,621.92 crore, and that of Reliance Industries plunged by Rs 41,883 crore to Rs 19,21,475.79 crore. Life Insurance Corporation of India's market capitalisation (mcap) dropped by Rs 23,971.74 crore to Rs ...

TCS Mcap rout deepens; loses spot to ICICI Bank for first time since 2009

Reliance Industries currently ranks first with a market capitalisation, followed by HDFC Bank in second place and Bharti Airtel in third

TCS Q3 delivers steady show, brokerages split on growth outlook

TCS Q3 results impact: The common thread across analysts is that while Q3 execution remains strong and margins resilient, clear visibility on broad-based demand acceleration is still missing.