Tata Consultancy Services TCS - Latest News, Analysis, Opinion - BW Businessworld

The company’s move to encourage more in-office work comes amid a broader industry trend

TCS Secures $1 Bn Contract With UK-based Automaker JLR, A Tata Sons Subsidiary

The deal is set to unfold over the course of the next five years

TCS Wins Multi-year Athora transformation deal

The collaboration seeks to pave the way for a significant overhaul of Athora's business and IT operating model

As IT Giants Clinch Billion-Dollar Deals, Investor Prudence Suggested Over Immediate Returns

Despite the monumental deal-making, a thought-provoking dichotomy emerges—these multi-billion-dollar deals are stretched over a minimum of five years, thus tempering their immediate quarterly revenue impact

Indian IT Sector Revenue Growth Could Plummet By 8-10%: Fitch Ratings

Fitch Ratings predicts that the sector's revenue growth could plummet by 8-10 per cent, marking a stark contrast to the robust 16.5 per cent growth achieved in the previous fiscal year (FY23)

TCS Partners With Lexmark For Cloud Transformation And Innovation Initiatives

As part of the transformational journey, TCS is building a future-ready digital core for Lexmark, powered by SAP S4/HANA

TCS Secures Government e-Marketplace Contract

In a partnership slated to span six years, the collaboration will focus on achieving milestones tied to the platform's gross merchandise value (GMV) over the course of its duration

TCS Senior Management Sees Major Rejig

The company also disclosed the impending retirement of its Chief Technology Officer (CTO), K Ananth Krishnan

Q1 FY24: TCS Beats Analyst Expectations With Strong Results, HCLTech Falls Slightly Short

TCS registers strong TCV of USD 10.2 billion; HCLTech manages to secure 18 large deals totaling USD 1.6 billion

TCS CEO Krithivasan Unveils Generative AI Developments

Tech

TCS is currently engaged in over 50 proof-of-concepts and pilot projects related to generative AI, with an impressive pipeline of more than 100 opportunities, said the newly appointed CEO

TCS Reports 53% Workforce 'Return To Office', 12-15% Salary Hike In Q1 FY24

The company has handed a 12-15 per cent raise for exceptional performers in its latest annual compensation review, and also commenced the promotions cycle

TCS Reports Strong Q1 FY24 Results: Net Profit Rises 17%

TCS witnessed a notable growth in revenue, with a year-on-year (YoY) increase of 12.6 per cent, reaching Rs 59,381 crore

Indian IT Companies Brace For Weak Q1 FY24, Focus On Cost Optimisation: Kotak Securities

The quarter, which is traditionally strong for the sector, is expected to fall short of expectations due to weakened discretionary spending across various verticals, particularly in financial services, telecom, and hi-tech industries

TCS Bans Employees And Firms In Recruitment Scandal, Tata Sons Chairperson Confirms