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
Tata Consultancy Services (TCS) on Tuesday announced a multi-year deal with ARN Media, counted among Australia's leading audio-led entertainment companies, to transform its technology and business operations by leveraging its domain expertise in the media and entertainment industry. TCS uses its global delivery capabilities and expertise in the communications and media industry to deliver technology, media, and finance operations services for ARN Media. This includes the design, development, and maintenance of enterprise and corporate applications, IT infrastructure support, end-user helpdesk and service management. Drawing on its expertise in operating model transformation, TCS will streamline ARN Media's IT operations by rationalising the application portfolio and implementing consolidation and automation enablers tailored to the needs of ARN Media, the Tata Group company said in a release. "Tata Consultancy Services...has announced a multi-year partnership with ARN Media, one of
Tata Consultancy Services (TCS) on Friday said it has signed a pact with the Centre for Development of Advanced Computing (C-DAC) to drive and scale the development of India's sovereign cloud ecosystem. The collaboration will focus on research to develop indigenous technologies and deliver scalable, AI-enabled cloud platforms that align with India's data localisation mandates and support the digitisation of critical public sector services, the company said in a regulatory filing. "The collaboration with C-DAC, India's premier R&D institution under the Ministry of Electronics and Information Technology (MeitY), will develop and integrate indigenous innovations into TCS' sovereign cloud stack. This move will support the secure and compliant hosting of critical government applications, including e-Sanjeevani, Dial 112, and workloads from central ministries," it said. The partnership will enable faster enterprise adoption by improving security, compliance, and performance across key ..
Infosys will buy back ₹18,000 crore worth of shares at a premium, marking its biggest repurchase in a decade. Here's a look at major corporate buybacks in India
These services are intended to help semiconductor firms create faster and more efficient chips, while also making next-generation chip design more accessible to customers
IT stocks rose sharply with Infosys surging 5% on its buyback plan, lifting the Nifty IT index 2.8%, as Fed rate cut speculation and rupee weakness boosted sector sentiment
TCS has partnered with French research institute CEA to co-develop Physical AI solutions combining robotics and AI to boost efficiency, resilience, and automation
After a slowdown, IT major Infosys to revive campus hiring even as growth stays subdued for a second consecutive year
TCS has signed a €550 million, seven-year extension of its partnership with Scandinavian insurer Tryg to simplify IT operations, drive digital transformation and boost efficiency
TCS has resumed salary hikes with 4.5-7% raises for most staff and double-digit increments for top performers after delaying its annual review amid macroeconomic challenges
Country's largest IT services company TCS has rolled out salary hikes in the range of 4.57 per cent for a majority of its employees, sources said on Tuesday. The Tata group company has started sending the letters of increment to the employees from late Monday evening, and the increments will be applicable from September, they said. An official response to an email query sent to the company was awaited. It can be noted that there has been a slew of headlines on the Human Resources front over the last two months, starting with an announcement to defer pay hikes amid hazy market conditions. This was followed up with a surprise announcement to axe 2 per cent of the workforce, or around 12,000 employees, and then came an announcement of pay hikes for 80 per cent of the employees. As per media reports, most of the employees eligible for the hike were in the lower to mid levels of the hierarchy. The sources said the well performers have been given pay hikes of over 10 per cent as well.
TCS has created a new AI and Services Transformation Unit under Amit Kapur, consolidating its AI strategy and accelerating innovation, client engagement, and digital transformation
Kapur's appointment, effective from September, comes at a time when Indian IT companies are racing to adopt and offer more AI products to their clients to attract tech spending
The pay hikes for consistent high performers is likely to be in higher single digits in India, whereas top performers are expected to get the highest raise