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
Lakkad and Kunnumul talk about talent, technology, transition, and what lies ahead for TCS's 600,000+ workforce
Kotak Institutional Equities expects FY2026 to be a year of underperformance for TCS, after its Q1 results missed expectations
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.
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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 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: 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
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 ...
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
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 .
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TCS will help modernise the Virgin Airlines' core technology systems, including pricing, seat allocation, maintenance, and anticipate customer preferences and meal choices
As part of this long-term engagement, TCS will modernise Virgin Atlantic's core technology operations by implementing a cloud-first, AI-powered digital core that enhances business agility
The CEO's pay hike is broadly in line with the average annual increase in employee salaries as TCS adjusts remuneration to reflect performance and market trends
TCS is investigating if it was the entry point in a cyberattack on UK retailer M&S, which led to major disruptions and data theft, potentially costing the company £300 million (₹3,318 cr) in profit
BSNL places Rs 2,903 crore APO with TCS for planning and maintenance of 4G network; Tejas Networks to supply RAN equipment worth Rs 1,525 crore
TCS has cumulatively returned about ₹2.06 trillion to shareholders since 2020-21 (FY21), nearly matching its ₹2.07 trillion in net profit over the same period
Aarthi Subramanian has been named executive director-president and chief operating officer (COO), while Mangesh Sathe has been appointed as chief strategy officer
TCS has jumped 28 per cent in brand value to $57.3 billion, securing the 45th rank globally in Kantar BrandZ 2025, aided by AI-led offerings and global sponsorships