Large contracts are supporting deal values at Indian IT firms, but weaker discretionary spending and AI-led pricing pressure are squeezing the flow of smaller projects
In the first of a two-part series, Business Standard examines the funding needs of Tata Electronics, Air India, Agratas and Tata Digital - and the role Tata Sons may play in financing them
TCS said its platform allows pharma firms to build and deploy customised AI agent hubs across workflows with minimal integration and implementation effort, while maintaining regulatory compliance.
The companies demonstrated the operation of a modern aero gas turbine across a fully simulated flight cycle using 100 per cent hydrogen, including take-off and landing
Indian firms cut fresh visa registrations as extensions, transfers, and local hiring gain ground
He used the dividend bonanza to invest nearly ₹1 trillion in group unlisted companies and new ventures, more than its predecessors
Chandrasekaran's exit as Tata Sons chairman marks a major shift for TCS, leaving its leadership to navigate AI disruption without the group chairman's deep expertise
After shedding almost up to 5 per cent a day earlier, most Tata group stocks gained. Titan and Tata Investment Corporation remained the top laggards.
Four stocks, namely Trent, Nelco, Tata Investment Corporation and Titan Company, have seen a whopping 1,707 per cent to 1,018 per cent rise in almost 9.5 years.
Most of the group stocks traded with cuts of up to 4 per cent following the report. Crown jewel Tata Consultancy Services (TCS) was the top loser with a 4.12 per cent decline.
Tata Consultancy Services and Google Cloud have established a new Gemini Experience Center in Mexico City, the second in Latin America and the ninth worldwide for the Indian IT services company, according to a release on Tuesday. The newly-launched Gemini Experience Center (GEC) is equipped with over 3,000 industry-and context-aware AI agents built by Tata Consultancy Services (TCS) with Gemini Enterprise, which integrate seamlessly into customer environments. The centre will support development of industry-specific solutions across financial services, retail and consumer goods, manufacturing, healthcare and life sciences, and energy and utilities, aligned to the region's business needs. Located in TCS' Mexico City office, the new facility will enable organisations in the region with advanced AI capabilities and help drive the development of solutions to promote innovation, productivity, and data-driven decision-making. "Tata Consultancy Services, a global leader in IT services, ..
IT services major says potentially exposed employee data may be limited and several years old; further investigation is underway and material findings will be reported
HCLTech said there was no evidence of breach of the company's systems or engagement with any of the company's clients
TCS said the information referenced appeared to be more than four years old and limited to basic employee information, with no indication that customer data was impacted
TCS said it had safeguards in place for more than two years against the method used to carry out the attack. The IT firm's operational systems have not been affected, it added
The sharp gains in IT stocks today follow easing valuations, a decent Q1 show, and an improving outlook after a sharp selloff this year.
Top IT firms reported muted growth as macroeconomic uncertainty, weak discretionary spending and AI-led disruption continued to weigh on traditional revenue streams
Laxmikant Shukla, technical analyst at YES Securities maintains a constructive view on HCL Tech, Tech Mahindra and TCS, and predicts up to 14 per cent upside for these stocks.
The combined market valuation of five of the top-10 most valued firms jumped Rs 1.54 lakh crore last week, with IT major TCS emerging as the biggest winner, in line with a positive trend in equities. Last week, the BSE benchmark Sensex climbed 582.06 points, or 0.75 per cent, and the NSE Nifty went up by 127.4 points, or 0.52 per cent. "Indian equity markets ended the week on a firm footing, extending their recovery despite heightened geopolitical tensions, elevated crude oil prices, and persistent uncertainty surrounding the global interest-rate outlook. "Sentiment remained supported by encouraging Q1 FY27 earnings from the IT sector as TCS closed with nearly 10 per cent of weekly gains, renewed buying interest in financial stocks, and resilience in domestic economic fundamentals," Ajit Mishra SVP, Research, Religare Broking Ltd, said. While Reliance Industries, ICICI Bank, State Bank of India, Tata Consultancy Services (TCS) and Bajaj Finance emerged as the gainers, HDFC Bank, .
S&P Global Ratings says Indian IT services companies must invest in AI, protect recurring business and deepen GCC partnerships to counter rising competition from AI-native firms