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Page 4 - Tata Consultancy Services

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

TCS maintains 100% variable pay for 70% of staff in Q1 despite slowdown
Updated On : 15 Jul 2025 | 9:48 AM IST

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

Getting people back to office was among toughest challenges: TCS' Lakkad
Updated On : 14 Jul 2025 | 12:01 AM IST

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 shares slip as Q1 misses street forecast; should you buy, hold or sell?
Updated On : 11 Jul 2025 | 10:05 PM IST

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.

TCS stock breaks near-term support post Q1 show, can dip another 5%; charts
Updated On : 11 Jul 2025 | 9:49 AM IST

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

Stocks to Watch today, July 11: TCS, IREDA, ZEE, HUL, Tata Steel
Updated On : 11 Jul 2025 | 8:09 AM IST

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

No clarity on FY25 salary hike, says TCS amid economic uncertainties
Updated On : 10 Jul 2025 | 11:55 PM IST

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 FY26 net profit rises 6%; misses estimate on revenue growth
Updated On : 10 Jul 2025 | 11:52 PM IST

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

TCS Q1 Preview: Revenue, profit to dip sequentially amid demand uncertainty
Updated On : 08 Jul 2025 | 9:35 AM IST

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 ...

CBI books ex-officials of TCE, JNPT in ₹800 cr ship channel dredging scam
Updated On : 21 Jun 2025 | 7:18 AM IST

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

None of our systems compromised in M&S hack, other clients safe: TCS
Updated On : 19 Jun 2025 | 8:01 PM IST

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 .

TCS, Salling Group partner for IT transformation, AI-based cloud migration
Updated On : 16 Jun 2025 | 2:15 PM IST

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

Stocks to buy today: InCred Equities picks 21 stocks to 'Add' for June 2025
Updated On : 06 Jun 2025 | 12:02 PM IST

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

TCS and Virgin Airlines sign 7-year agreement for AI, cloud upgrade
Updated On : 03 Jun 2025 | 2:49 PM IST

Virgin Atlantic, TCS sign 7-yr deal to modernise systems with AI solutions

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

Virgin Atlantic, TCS sign 7-yr deal to modernise systems with AI solutions
Updated On : 03 Jun 2025 | 2:44 PM IST

TCS chief Krithivasan's pay package rises 4.6% to ₹26.5 crore for FY25

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 chief Krithivasan's pay package rises 4.6% to ₹26.5 crore for FY25
Updated On : 28 May 2025 | 10:55 PM IST

TCS probes role in cyberattack on UK retailer M&S after £300 mn profit hit

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

TCS probes role in cyberattack on UK retailer M&S after £300 mn profit hit
Updated On : 23 May 2025 | 6:01 PM IST

TCS gets Rs 2,903 crore BSNL order for 4G rollout at 18,685 sites

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 gets Rs 2,903 crore BSNL order for 4G rollout at 18,685 sites
Updated On : 21 May 2025 | 6:29 PM IST

Tata Consultancy Services emerges payout master in India's IT industry

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

Tata Consultancy Services emerges payout master in India's IT industry
Updated On : 16 May 2025 | 12:28 AM IST

TCS strengthens leadership to accelerate focus on AI, data, Cloud

Aarthi Subramanian has been named executive director-president and chief operating officer (COO), while Mangesh Sathe has been appointed as chief strategy officer

TCS strengthens leadership to accelerate focus on AI, data, Cloud
Updated On : 16 May 2025 | 12:05 AM IST

TCS' brand value up 28% to $57.3 billion, says Kantar BrandZ report

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

TCS' brand value up 28% to $57.3 billion, says Kantar BrandZ report
Updated On : 15 May 2025 | 8:38 PM IST