Tcs

TCS to hire 80% of workforce with digital, AI skills; expects margin gains

As much as 80 per cent of TCS' new hires will be talent with digital and Artificial Intelligence (AI) skills going forward, a top company official has said. With the share of AI-led work in overall revenue growing to 10 per cent in the recently concluded September quarter, the country's largest IT services company said a growth in the share of AI revenues will help it expand its profit margins, which remain below its aspirational levels. "Of the 4,500 that we have added in Q2, I would say safely 25 to 30 per cent are pure AI and total about 80 per cent is new age," the company's chief operating officer Arathi Subramanian told PTI here. When asked if the same proportion will continue going ahead as well, she replied in the affirmative and added that the desired talent is available in the market. When asked if it is advantage for freshers over the mid-career professionals in this sort environment, where their AI-nativity and relatively lower costs would be of help to the former, she

Don't see US acting against tech companies based on their domicile: TCS

India's largest IT services company TCS feels that the US is unlikely to target tech companies based on their domicile and actions like last week's decision to suspend a green card application programme are driven by local sensitivities around jobs. TCS chief executive and managing director K Krithivasan said companies are "deeply ingrained" in the US' technology ecosystem and provide an important service. "I do not think the governments will really look at it from a domicile perspective. I think what the governments have been looking at is from an employment perspective," Krithivasan told PTI in an interview at the company's corporate headquarters here. Sensitivities around local job creation may be leading the governments to take actions like the one against the eight companies including TCS, Krithivasan said, stressing that the last week's decision has no material impact for the largest Indian IT services company. TCS, which has been sending staff to the US when clients demand s

No impact of Tata Sons board tussle on TCS: COO Aarthi Subramanian

Aarthi Subramanian, executive director, president & chief operating officer, TCS talks about the company's AI journey and Tata Sons board tussle, among other issues

TCS withholds quarterly bonuses for senior staff after missing targets

Employees in C3A grade and above will receive no quarterly variable allowance this quarter, while junior-level staff will get 100 per cent of their eligible pay, an internal memo said

TCS earnings lift IT stocks as demand recovery hopes boost market mood

Better-than-expected Q2 earnings and attractive valuations boost IT stocks, even as AI headwinds and US labour curbs remain concerns

IT stocks lead Nifty rebound as benchmark snaps eight-week losing streak

Nifty gains 289 points; Nifty Oil & Gas the lone sectoral index in the red

Indian IT firms filed few PERM applications compared with US tech majors

Indian IT firms have sharply reduced PERM filings and expanded local hiring in the US, with analysts expecting a limited industry impact from the programme's suspension

TCS Q2 review: Analysts flag weak margins amid steady growth; stock up 5.6%

TCS reported a net profit of ₹13,884 crore for Q2FY27, up 14.9 per cent year-on-year from ₹12,075 crore in Q2FY26. Revenue for the company grew 11.2 per cent in reported terms at ₹73,188 crore

PERM suspension won't affect workforce strategy, customer engagements: TCS

The IT services major said its PERM applications were in single digits over the past two years and reiterated plans to hire 15,000 people in the US over five years

TCS says US PERM suspension won't affect plans, targets 15,000 new hires

The company said its US workforce strategy centres on hiring local employees, including through campus recruitment; it aims to hire 15,000 people in the US over five years

TCS onboards 10,000 freshers in Q2 FY27; plans to hire on demand

India's largest IT services firm says hiring will track client demand as it invests in AI skills, workforce training and niche talent, while subcontractor expenses rise in Q2

TCS Q2 results: Net profit rises 15% to ₹13,884 crore, revenue up 11.2%

The company's revenue grew 11.2 per cent in reported terms to Rs 73,188 crore for the second quarter, compared to Rs 65,799 crore year-on-year

GST Council meet: Export definition tweak to ease IT firms' concerns

The GST Council's changes to export definitions and refund rules are expected to benefit IT firms, consulting companies and GCCs by reducing tax disputes and working capital costs

TCS shares jump 3% ahead of Q2 results; what to expect & how to trade?

TCS Q2 results: Analysts expect large IT companies, such as TCS, to lag mid-tier firms amid macro uncertainty, AI-led productivity and increased competition.

Q2 results today: TCS, Indian Bank, 4 others set to announce earnings

Tata Consultancy Services (TCS), Indian Bank, K R Rail Engineering, Lotus Chocolate, Onix Solar and Grand Oak Capital are scheduled to announce their Q2FY27 financial results today

TCS Q2 preview, dividend: Analysts see modest growth; PAT may rise by 13%

TCS Q2 results date, dividend announcement: TCS will declare its Q2 results on Oct 8. Besides, TCS could also recommend an interim dividend. TCS has set Oct 14 as the dividend record date

Results preview: IT companies expected to report sombre Q2 numbers

Persistent macroeconomic uncertainty, geopolitical volatility, artificial intelligence (AI)-led pricing and productivity pressures continue to weigh on demand

TCS to buy US retailer Best Buy's India GCC, develop an AI-native centre

Best Buy's India entity will transition to TCS under a multi-year agreement, combining its retail knowledge with technology and AI capabilities to build an AI-native centre

Tata stocks drop amid concerns over listing; Titan and TCS lead decline

Titan and TCS led declines in Tata Group stocks as investor sentiment weakened amid broader market volatility and uncertainty over Tata Sons' listing

Tata Trusts calls Chandra's reappointment 'void', questions casting vote

Tata Trusts says the September 17 resolution failed the Article 121 test as its two nominees split 1-1