Page 2 - Tcs

Tata group stocks fall up to 4% as Chandrasekaran resigns; TCS top loser

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.

AI push: TCS, Google Cloud launch Gemini Experience center in Mexico

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, ..

No evidence of data breach, impact on clients after hacker claim: HCLTech

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

After TCS, HCLTech say no evidence of systems breach after hacking claims

HCLTech said there was no evidence of breach of the company's systems or engagement with any of the company's clients

TCS flags alleged employee data exposure, says customer systems unaffected

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

Some employee data allegedly exposed, customer data unaffected: TCS

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

Infosys, TCS, Coforge: Nifty IT pack jumps 2.5%. What's behind the gains?

The sharp gains in IT stocks today follow easing valuations, a decent Q1 show, and an improving outlook after a sharp selloff this year.

IT firms Q1 growth not enough to offset AI's impact on traditional biz

Top IT firms reported muted growth as macroeconomic uncertainty, weak discretionary spending and AI-led disruption continued to weigh on traditional revenue streams

TCS, Infosys, HCL Tech, Tech Mah: Which IT stock is worth your portfolio?

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.

Mcap of 5 of top-10 most valued firms jumps ₹1.54 trn, TCS biggest winner

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, .

IT companies risk losing ground to AI-native firms: S&P Global Ratings

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

TCS expands ABB partnership with multi-year AI network operations deal

Under the expanded partnership, TCS will deliver end-to-end global network operations for ABB through an AI-driven network-as-a-service model. The deal value was not disclosed

Token costs a concern for many customers, says TCS CEO K Krithivasan

Krithivasan and Seksaria discuss artificial intelligence revenue, rising token costs, and increasing AI spends

TCS rejigs leadership, business units to sharpen focus on AI-led deals

The ERU is a strategically important industry group for TCS, and clients in this segment are harnessing Al-led transformation, said Krithivasan

Almost all tech deals have an AI element: TCS CEO & MD K Krithivasan

TCS CEO & MD K Krithivasan reiterate his belief that AI is an opportunity and global system integrators like TCS will be an integral part of enterprises' AI journey

TCS plans up to 8,900 AI deployment engineers, seeks AI acquisitions

The IT major plans to build a team of forward-deployed engineers, explore acquisitions in AI and cybersecurity, and deepen client engagement

TCS Q1FY27 showing offers hope, but a lot hinges on demand recovery

TCS's upbeat Q1 commentary has lifted sentiment, but analysts believe a sustained recovery in technology spending will be critical for stronger revenue and earnings growth

TCS Q1 results: Revenue beats estimates, stock jumps | IT sector results | AI

TCS reported a better-than-expected start to FY27, with revenue rising nearly 14% and profit growing despite macroeconomic challenges. The company also saw strong momentum in AI deals, while brokerage

Stock Market Close: Sensex rises 827 pts, Nifty ends at 24,207; PSU Bank, realty shares shine

Sensex Today | Stock Market Highlights, Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 1.4 per cent and 1.55 per cent higher, respectively

Investors cheer TCS Q1 results as stock jumps 4%; analysts bet on deal wins

TCS reported a 4.61 per cent Y-o-Y increase in its net profit to ₹13,349 crore for Q1 FY27. Its revenue jumped by 13.9 per cent Y-o-Y to ₹72,275 crore.