Tata Consultancy Services has partnered with French artificial intelligence firm Mistral to provide frontier grade AI solution, Mistral Forge, for enterprises across the world.
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.
Indian benchmark indices Sensex and Nifty experienced volatile trading, influenced by elevated crude oil prices, high US bond yields, and selling pressure in IT stocks, despite an early rebound.
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) 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 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.
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) 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 National Stock Exchange marked its stock market debut at the Bombay Stock Exchange on September 24, 2026, with a traditional gong-ringing ceremony.
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.
Seven of them posted losses, led by Air India, with their combined net loss widening to Rs 31,823 crore in FY26 from Rs 17,553 crore a year earlier and Rs 1,555 crore in FY20.
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.
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.
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.
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.
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.
The Supreme Court has noted that the Special Investigation Team (SIT) probing alleged embezzlement at the Ram temple in Ayodhya identified 105 instances of unauthorised currency removal from the counting room. While no discrepancies were found in valuable articles like silver bricks, eight accused have been identified, and a chargesheet is expected soon. The investigation involved examining CCTV footage, financial records, and witness statements.
A female employee of TCS in Nashik has been arrested in connection with a case involving alleged religious conversion and sexual harassment of female colleagues. Nida Khan was apprehended after weeks of being in hiding. The Nashik police are investigating multiple cases of molestation and harassment at the TCS unit.
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 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.
A Nashik court has remanded Nida Khan, an employee of Tata Consultancy Services (TCS), in police custody until May 11 in connection with a sexual harassment and religious coercion case. The police are investigating allegations of forced religious conversion and potential links to other conversion rackets.
These offers provide some relief to engineering students impacted by the uptake in artificial intelligence (AI) tools.
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.
The National Commission for Women (NCW) has submitted a fact-finding report to the Maharashtra government, revealing pervasive sexual harassment, systemic bullying, and zero compliance with the POSH Act at the Nashik unit of Tata Consultancy Services (TCS). The report details a toxic workplace environment and recommends strict action and compliance with the POSH Act.
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.
A Nashik court has remanded Nida Khan, an accused in the Tata Consultancy Services (TCS) sexual harassment and religious coercion case, in police custody until May 11. Khan, a TCS employee, was arrested after being on the run since the case emerged.
'... 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.'
The National Commission for Women (NCW) has directed Tata Consultancy Services (TCS) to establish separate internal committees in all its 127 units with 10 or more employees within four weeks to strengthen compliance with the Prevention of Sexual Harassment (PoSH) Act, following concerns raised in the TCS Nashik case.
Nida Khan, a TCS employee accused of religious conversion and sexual harassment, has been arrested in Chhatrapati Sambhajinagar. Police allege an AIMIM corporator provided her shelter. The arrest has sparked political reactions and renewed focus on workplace harassment prevention.
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.
Police are searching for a TCS employee, Nida Khan, in connection with alleged forced conversions at the company's Nashik unit. This follows allegations of sexual harassment and religious coercion at the TCS facility, where several arrests have already been made.
Tata Consultancy Services' (TCS) annual dividend payout declined to a four-year low of approximately 39,820 crore in FY26, marking its steepest decline in a decade and potentially adversely affecting Tata Sons' finances, which heavily rely on TCS's dividend income.
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.
Police are searching for a TCS employee, Nida Khan, in connection with alleged forcible conversion at the company's Nashik unit. This follows the arrest of eight individuals in related sexual harassment cases. Khan's anticipatory bail plea was adjourned, and police are actively seeking her arrest.
A female employee of TCS in Nashik, accused of religious conversion and sexual harassment of women colleagues, has applied for anticipatory bail, citing her pregnancy. Police are investigating the allegations, and TCS has launched an internal probe.
A court in Nashik has extended the police custody of four TCS employees until May 2 in connection with the alleged religious conversion of a male colleague. The accused are also facing accusations of sexual harassment from female colleagues.
The videos were shown so that the woman could learn about Islam, she said in her statement, which is part of the chargesheet submitted in a Nashik court last week.
The HR manager at TCS Nashik is under investigation for allegedly suppressing complaints and shielding the accused in a harassment case involving multiple employees.
Nida Khan, an accused in the Nashik TCS sexual harassment and religious coercion case, has been arrested in Chhatrapati Sambhajinagar. She is accused of targeting employees in a WhatsApp group, pressuring them to pray and eat non-vegetarian food, and advising women employees to adhere to Islamic traditions.
TCS has denied receiving any complaints of religious conversion or sexual misconduct at its Nashik unit through its internal channels, amid a police probe into the allegations. The company has announced an oversight panel and engaged external entities in its internal investigation.
