'Across the entire value chain, we will be able to industrialise AI adoption, and that is the main purpose of the deal.'
N Chandrasekaran's exit marks a major shift for TCS, leaving its leadership to navigate AI disruption without the group chairman's deep expertise.
Tata Consultancy Services (TCS) has inaugurated India's first Industrial Autonomy & Engineering Lab in Pune, a "lights-out factory lab" designed to advance AI-led manufacturing. The facility features a robotic battery pack assembly line, enabling manufacturers to prototype and scale AI-first production systems with minimal human intervention, simulating self-optimising factories.
Tata Consultancy Services (TCS) has announced a five-year strategic deal with German automaker Porsche AG worth 1.25 billion (nearly 14,000 crore), which includes the acquisition of Porsche's wholly-owned subsidiary MHP Management- und IT-Beratung GmbH for 320 million (around 3,574 crore). This move is set to significantly expand TCS's consulting footprint in Germany and the broader European market, giving it access to MHP's customer base and specialised talent.
India's largest IT firm, TCS, has received threat-intelligence alerts regarding a potential leak of 'basic' employee data, but the company asserts there is no indication of customer data or operational systems being affected.
Tata Consultancy Services (TCS) and Google Cloud have inaugurated a new Gemini Experience Center (GEC) in Mexico City. This facility, the second in Latin America and ninth globally for TCS, is equipped with over 3,000 AI agents and aims to drive industry-specific AI solutions across various sectors. It will help organisations bridge the gap between AI experimentation and implementation, enhancing innovation and data-driven decision-making in the region.
Nashik police have arrested an AIMIM corporator, Mateen Patel, for allegedly providing shelter to an accused, Nida Khan, in the ongoing TCS "sexual harassment and religious conversion" case. Patel's arrest is part of a larger investigation into nine cases related to alleged exploitation and forceful conversion at a TCS branch.
A Nashik court has granted bail to five individuals accused in a sexual harassment and forcible conversion case at the local TCS unit. The court cited the completion of the investigation and the filing of the chargesheet, stating there was no serious apprehension of witness tampering. The accused face multiple FIRs related to alleged inappropriate conduct and religious belittling.
The combined market valuation of five of India's top-10 most valued firms eroded by Rs 1 lakh crore last week, with IT giant Tata Consultancy Services (TCS) experiencing the largest decline amidst a bearish trend in domestic equities.
India's largest IT services company, TCS, announced a 4.61 per cent increase in its net profit to Rs 13,349 crore for the June 2026 quarter, with revenues climbing nearly 14 per cent year-on-year.
A Nashik court has granted bail to TCS employee Nida Khan, arrested two months ago in connection with alleged sexual harassment and religious conversion cases at the company's unit. Her co-accused, Danish Shaikh, was denied bail. Khan's bail was sought on grounds of pregnancy, while the prosecution argued against it, citing evidence of sexual assault and religious coercion, including attempts to convert a Scheduled Caste victim. A Special Investigation Team is investigating nine such cases at the TCS Nashik unit, and TCS has stated a zero-tolerance policy.
Indian benchmark equity indices, Sensex and Nifty, rallied in early trade, driven by positive global market trends and easing crude oil prices, despite the US Federal Reserve's hawkish stance tempering overall sentiment. Track Sensex, Nifty on September 18.
A Nashik court granted bail to a pregnant Nida Khan, an accused in a TCS sexual harassment and alleged religious conversion case, citing the trauma of giving birth in prison. The court noted the investigation suggests Khan attempted to 'brainwash the victim' and change her religious views, but prioritised the welfare of the unborn child. Khan was granted bail on a personal bond of Rs 75,000, while a Special Investigation Team probes nine related cases.
Chandra's tenure also saw a big jump in Tata Sons' other income, such as brand fee from group companies, treasury gains, and other non-recurring income.
The Indian stock market's trajectory this week will be significantly influenced by crude oil prices, global market trends, and the commencement of the corporate earnings season, with IT major TCS set to announce its June-quarter results on July 9.
Tata Consultancy Services (TCS) has announced a global partnership with AI major Anthropic to help enterprises accelerate their adoption of artificial intelligence, including equipping 50,000 TCS employees with Anthropic's Claude AI models.
Police in Pune have registered a case of abetment to suicide against three individuals, including two Tata Consultancy Services (TCS) employees, following the death of a 48-year-old IT staffer. The deceased, Amit Brahme, left a suicide note accusing colleagues of humiliation and a friend of defamation. TCS has acknowledged the allegations and stated it is investigating the matter while extending support to the family.
Police in Pimpri-Chinchwad have registered an abetment to suicide case against three individuals, including two Tata Consultancy Services (TCS) employees, following the death of a 48-year-old IT staffer. The deceased's suicide note accused colleagues of humiliation and a friend of sending defamatory emails, prompting an investigation and a call for inquiry by an IT workers' association.
Police in Pimpri-Chinchwad have registered an abetment to suicide case against three individuals, including two Tata Consultancy Services (TCS) employees, following the death of a 48-year-old IT staffer. The deceased's suicide note accused colleagues of humiliation and a friend of sending defamatory emails, prompting an investigation and a call for inquiry by an IT workers' association.
Andhra Pradesh Chief Minister N Chandrababu Naidu announced several new initiatives for Tirumala Tirupati Devasthanams (TTD), including Aadhaar-based devotee insurance for Rs 2 lakh, the establishment of an SV Museum by TCS Trust, and the introduction of electric buses donated by Reliance Foundation and Bharat Biotech. The plans also include global expansion of Srivari temples, improved Annadanam, integrated hospital services, and significant infrastructure development in Tirupati to make it a services and wedding destination with a Net Zero concept.
Tata Consultancy Services (TCS) has launched India's first Oracle AI Data Platform Lab and Centre of Excellence (CoE) in Kolkata, in collaboration with Oracle. This facility aims to help enterprises accelerate the adoption of artificial intelligence and data-driven transformation by addressing challenges like fragmented data and limited AI scalability. The lab will leverage Oracle's AI Data Platform and TCS plans to expand similar CoEs to four more Indian cities.
Tata Consultancy Services (TCS) Chairman N Chandrasekaran announced that the company anticipates having as many artificial intelligence (AI) agents as its human workforce, currently half a million, while assuring that no staff downsizing is planned.
Indian benchmark indices, Sensex and Nifty, saw early gains driven by strong buying in IT stocks like HCL Tech, Tech Mahindra, TCS, and Infosys, alongside a significant boost from HDFC Bank.
Tata Consultancy Services has partnered with French artificial intelligence firm Mistral to provide frontier grade AI solution, Mistral Forge, for enterprises across the world.
A Microsoft Work Trend Index report reveals India has the highest share of "Frontier Professionals" globally, with 32% of its AI users employing AI agents in multi-step workflows, double the global average. Indian professionals are not just adopting AI but are actively redesigning work processes, demonstrating strong leadership alignment and a focus on human oversight and critical thinking. Major Indian IT firms like Infosys, TCS, and Wipro show rapid adoption and significant productivity gains with Microsoft 365 Copilot.
Indian benchmark equity indices, Sensex and Nifty, closed mixed on Friday. While a drop in crude oil prices offered some relief, weakness in IT stocks and several Tata Group counters, including a significant dip in Tata Chemicals and ongoing boardroom issues at Tata Sons, limited a broader market recovery.
Indian information technology (IT) stocks, led by Infosys, experienced a significant selloff, dragging the Nifty to a two-month low, primarily due to escalating West Asian tensions pushing crude oil prices higher, and concerns over upcoming large IPOs diverting funds from secondary markets. The sector is also grappling with the long-term implications of AI disruption.
Indian benchmark indices, Sensex and Nifty, experienced a significant downturn, with Sensex tanking 778 points and Nifty closing at a five-month low, driven by surging crude oil prices, geopolitical tensions, and fears of further interest rate hikes by major central banks.
TCS has secured a multi-year deal with Swedish bearings manufacturer SKF to modernise its IT infrastructure and leverage AI for industrial manufacturing.
Tata Consultancy Services (TCS) will make an additional provision of USD 70 million in Q1 FY2027, bringing its total provision to USD 220 million, after the US Supreme Court declined to review a lower court ruling in a trade secrets dispute with Computer Sciences Corporation (now DXC Technology).
The Special Investigation Team (SIT) probing the TCS sexual harassment-forced conversion case filed its second chargesheet in a Nashik court on Thursday. The chargesheet pertains to eight FIRs registered at Mumbai Naka police station here under Bharatiya Nyaya Sanhita provisions against several individuals.
Tata Consultancy Services (TCS) is focusing on building AI infrastructure, including India's first AI-focused data centre, as AI becomes a core operating foundation for enterprises globally.
The combined market valuation of four of India's top-10 most valued firms eroded by Rs 87,960.29 crore last week, with Bharti Airtel experiencing the largest decline, amidst a bearish trend in the equities market.
Indian stock markets, including the Sensex and Nifty, experienced a significant tumble in early trade, driven by escalating tensions in West Asia that pushed crude oil prices close to the USD 100-per-barrel mark, alongside selling in IT stocks and fresh foreign fund outflows.
A Nashik court has rejected the bail pleas of five individuals arrested in connection with the TCS sexual harassment and forced conversion case. The Special Investigation Team is probing multiple cases of molestation and harassment at the IT major's Nashik unit.
IT services stocks have had tough two years, with prices coming under pressure from 2025 and the sell-off extending through the first half of 2026.
'... that work is done. The task is to reallocate what has been built, with the courage of a founder and the discipline of an owner.'
TCS, India's largest IT firm, is aiming to become the world's leading AI-led technology services company. CEO K Krithivasan highlights the company's strategy, including upskilling its workforce and executing nation-scale projects in India.
A female employee of TCS in Nashik has been arrested in connection with alleged religious conversion and sexual harassment of female colleagues. Nida Khan was apprehended in Chhatrapati Sambhajinagar after weeks of being in hiding. The case involves allegations of forced religious practices and harassment within the TCS unit.
A court in Nashik, Maharashtra, has remanded four Tata Consultancy Services (TCS) employees to judicial custody until May 18 in connection with allegations of religious conversion and sexual harassment of colleagues.
