In an exchange filing on September 23, the company stated that it would announce its Q2FY26 results on October 9
Physical AI is expected to be the next frontier which will change manufacturing enterprises
Trading sentiment in the equity market will be guided by macroeconomic data announcements, global trends and quarterly earnings from IT major TCS this week, analysts said. Stock markets would also be tracking trading activity of foreign investors who remained net sellers of Indian equities in September. Foreign portfolio investors (FPIs) remained net sellers of Indian equities in September, withdrawing Rs 23,885 crore (around USD 2.7 billion) and taking year-to-date outflow to Rs 1.58 lakh crore (USD 17.6 billion). "This week will be pivotal as the Q2 FY26 earnings season gets underway, with IT bellwether TCS scheduled to announce results on October 9. On the macroeconomic front, the release of HSBC services and composite PMI, along with banking sector data on loan and deposit growth, will be closely monitored. "Primary market activity is also set to remain strong, with large IPOs from Tata Capital and LG Electronics lined up," Ajit Mishra SVP, Research, Religare Broking Ltd, ...
TCS and the broader IT sector stand to gain from stable pricing, opportunities in agentic AI, and momentum in BFSI and hi-tech segments
TCS and Cognizant have been questioned by US lawmakers on their H1-B hiring and layoffs, as scrutiny of visa use and alleged bias in favour of South Asian workers intensifies
TCS is offering severance pay of up to two years' salary to long-serving staff whose skills no longer match company needs, as it realigns workforce
The Delhi High Court summoned SpiceJet after TCS filed a case to recover ₹2.34 crore for services provided between 2019 and 2023, saying the airline failed to clear 'long-pending dues'
US lawmakers have sought clarifications from Tata Consultancy Services (TCS) regarding its continued filing of H-1B visa petitions, even as the company carries out layoffs of American tech workers
IT union NITES has alleged that TCS forced 2,500 resignations in Pune, writing to CM Fadnavis for intervention, while the company has denied the claims as misleading
The group lost about $20 billion, over a fifth of this year's total decline, since Sept 19 after President Donald Trump tightened US work-visa rules, weighing on Tata Consultancy Services Ltd
Donald Trump’s $100,000 H-1B visa fee has rattled Indian IT stocks and triggered fears of a big hit to earnings.
The combined market valuation of the top-10 most valued firms eroded by Rs 2,99,661.36 crore last week, in line with a bearish trend in equities, with IT bellwether Tata Consultancy Services taking the biggest hit. Last week, the BSE benchmark tanked 2,199.77 points or 2.66 per cent. "A sharp hike in H-1B visa fees led to heavy unwinding in technology stocks, while also pressuring the Indian rupee, which slipped to a record low against the US dollar. "Adding to the headwinds, the imposition of 100 per cent tariffs on branded and patented pharmaceutical imports to the US further dampened sentiment, with ripple effects felt across multiple sectors and weighing heavily on market confidence," Ponmudi R, CEO Enrich Money, an online trading and wealth tech firm, said. The market valuation of Tata Consultancy Services (TCS) tumbled Rs 97,597.91 crore to Rs 10,49,281.56 crore, the most among the top-10 firms. Reliance Industries' valuation eroded by Rs 40,462.09 crore to Rs 18,64,436.42
The large companies, while too big to dance, might also be too big to fail, at least in the short to medium term
The US has announced a massive $100,000 one-time fee on H-1B visa applications.
The BSE IT index also fell 3.5 per cent in the intraday trade. Thus far in calendar year 2025, the BSE IT index has underperformed the market by sliding 19 per cent
Another silver lining for the companies and the markets, analysts said, is the falling dependence on the H-1B visa in the last few years.
Tata Consultancy Services could be among the worst hit by Trump's new visa fee targeting foreign tech workers
India's largest IT services company Tata Consultancy Services (TCS) has been selected by Vodafone Idea to transform its business support system through an AI-driven and future-ready platform, according to a release on Thursday. The five-year engagement will help the telecom service provider unlock new capabilities in customer experience by deploying a platform focused on intelligence, automation, personalisation and accelerated launch of new products and services. "Tata Consultancy Services...has partnered with Vodafone Idea to transform their business support system through an AI-driven and future ready platform," the release said but did not give the size of the deal. The transformation will be anchored on TCS' flagship products, TCS HOBS and TCS TwinX. "TCS HOBS will provide the digital backbone for business support systems, driving agility, stability, and seamless integration across customer touchpoints. TCS TwinX will complement this with AI/ML-powered intelligence and scenari
TCS on Wednesday said it has partnered with Qualcomm to set up an innovation lab in Bengaluru to develop smart and scalable capabilities for enterprises. The 'TCS Innovation Lab', equipped with 5G private network infrastructure and other hitech network and equipment, will develop capabilities for sectors that need agile IoT solutions, such as security and surveillance, healthcare, smart infrastructure, and manufacturing, the company said in a regulatory filing. "Tata Consultancy Services (TCS) and Qualcomm will co-create smart, scalable, and sustainable Edge AI capabilities utilising Qualcomm platforms for industries moving towards a software-driven approach to make their systems more efficient and resilient in the lab. "The co-innovation lab will enable the creation of customised low-cost solutions that can be deployed on intelligent devices, on location and in real time to streamline processes at large enterprises," it said. The lab is set up to enable rapid prototyping, testing,
Global uncertainty, US trade tariffs, and muted growth weigh on Indian IT firms as over 600 major outsourcing contracts near renewal in the second half of 2025