News for 'Tata Consultancy Services'

Fadnavis Orders Thorough Probe In Key Maharashtra Cases

Fadnavis Orders Thorough Probe In Key Maharashtra Cases

Rediff.com18 Apr 2026

Maharashtra Chief Minister Devendra Fadnavis reviewed key cases with the Home department and directed the police to ensure thorough investigation and strong prosecution.

Stock markets today: Equities Gain as Hopes for West Asia Resolution Rise

Stock markets today: Equities Gain as Hopes for West Asia Resolution Rise

Rediff.com21 Apr 2026

Indian equity benchmark indices Sensex and Nifty rallied in early trade, driven by reports of a second round of talks between the US and Iran, which are fostering hopes for a resolution to the West Asia conflict, coupled with Brent crude oil prices trading below the USD 100 per barrel mark.

US Senators question TCS, 9 others over H-1B visa filings

US Senators question TCS, 9 others over H-1B visa filings

Rediff.com3 Oct 2025

Tata Consultancy Services (TCS), Cognizant and eight other major corporations have been questioned by US Senators for filing thousands of H-1B skilled labour visa petitions after conducting "mass layoffs" of American employees.

Cognizant to spend up to $320 million on AI-led restructuring, workforce impacted

Cognizant to spend up to $320 million on AI-led restructuring, workforce impacted

Rediff.com8 May 2026

IT services giant Cognizant is embarking on a significant AI-led restructuring programme, Project Leap, involving an investment of up to $320 million, which will lead to workforce reductions across geographies and a strategic shift towards AI capabilities to boost productivity and margins.

Andhra Pradesh to Launch India's First Indigenous Quantum Computers

Andhra Pradesh to Launch India's First Indigenous Quantum Computers

Rediff.com9 Apr 2026

Andhra Pradesh is set to launch India's first indigenously built, open-access quantum computers, marking a significant step towards building a sovereign quantum hardware ecosystem. The initiative aims to position the state as a global hub for quantum technology and enable applications in various sectors.

Stock Markets Today: Sensex, Nifty50 Surge on Gains in Banking Stocks

Stock Markets Today: Sensex, Nifty50 Surge on Gains in Banking Stocks

Rediff.com10 Apr 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

Stock Market Today: Sensex, Nifty50 Fall as Oil Price Surge and West Asia Conflict

Stock Market Today: Sensex, Nifty50 Fall as Oil Price Surge and West Asia Conflict

Rediff.com7 Apr 2026

Indian stock market indices Sensex and Nifty experienced a decline in early trade due to surging crude oil prices and ongoing geopolitical uncertainty in West Asia. Foreign fund outflows further contributed to the negative sentiment.

'TCS Can Survive Without H-1B Visas'

'TCS Can Survive Without H-1B Visas'

Rediff.com21 Oct 2025

'We sent just 500 people from India to the US on H-1B visas. There is no dependence on H-1B visas.'

Tata Sons Delays Decision on Chandrasekaran's Third Term

Tata Sons Delays Decision on Chandrasekaran's Third Term

Rediff.com24 Feb 2026

The Tata Sons board has deferred a decision on the re-appointment of Natarajan Chandrasekaran as Chairman, signaling potential differences within the group. Concerns were raised about losses in certain group companies and the listing of Tata Sons.

TCS Layoffs: Why No Job Is Safe Anymore

TCS Layoffs: Why No Job Is Safe Anymore

Rediff.com28 Jul 2025

As Tata Consultancy Services (TCS), gets ready to lay off about 12,261 employees from its global workforce this year, here's what it means for your career.

TCS Q2 FY26 net up 1.4% to Rs 12,075 cr; revenue rises to Rs 65,799 cr

TCS Q2 FY26 net up 1.4% to Rs 12,075 cr; revenue rises to Rs 65,799 cr

Rediff.com10 Oct 2025

India's largest IT services firm Tata Consultancy Services (TCS) on Thursday reported a 1.39 per cent increase in consolidated net profit to Rs 12,075 crore in the July-September quarter of this financial year.

Action Against AIMIM Leader For Harbouring Accused

Action Against AIMIM Leader For Harbouring Accused

Rediff.com11 May 2026

AIMIM leader Matin Patel faces potential cancellation of his corporatorship for allegedly harbouring Nida Khan, accused in a sexual harassment and forced conversion case. Authorities are investigating alleged illegal construction at his residence, which could lead to his disqualification under the Maharashtra Municipal Corporation Act.

Jobs, Gates & Me: Silicon Valley Dhurandhar Kanwal Rekhi's Memoirs

Jobs, Gates & Me: Silicon Valley Dhurandhar Kanwal Rekhi's Memoirs

Rediff.com5 May 2026

Kanwal Rekhi is a peaceful techie who ardently believes in competitive market economics and democracy, despite the trauma his family suffered during Partition and his narrow escape from violent mobs in 1984.

Stock Markets Today: Sensex, Nifty50 End Marginally Higher In Volatile Trade

Stock Markets Today: Sensex, Nifty50 End Marginally Higher In Volatile Trade

Rediff.com25 Feb 2026

Indian equities on Dalal Street saw volatility. Track Sensex, Nifty50 movement and key market drivers for Feb 25, 2026.

When Will India Produce A Trillion-Dollar Company?

When Will India Produce A Trillion-Dollar Company?

Rediff.com2 May 2026

India's first trillion-dollar company will be built on technology it owns, not just operates, predicts Ajay Kumar.

TCS Q3 profit drops 14 pc to Rs 10,657 cr; headcount dips another 11,000

TCS Q3 profit drops 14 pc to Rs 10,657 cr; headcount dips another 11,000

Rediff.com12 Jan 2026

The country's largest IT services company TCS on Monday reported 13.91 per cent decline in December quarter net profit at Rs 10,657 crore. The Tata Group company had posted a net profit of Rs 12,380 crore in the October-December period of FY25 and Rs 12,075 crore in the preceding September quarter.

The Real Reason For The TCS Layoffs

The Real Reason For The TCS Layoffs

Rediff.com5 Aug 2025

While TCS cited evolving business needs and future readiness as reasons, industry experts say the action is a cost-cutting measure aimed at improving operating margins that have remained below the firm's aspirational range despite multiple efforts.

Stock markets extend winning run to 3rd day; Sensex, Nifty climb nearly 1%

Stock markets extend winning run to 3rd day; Sensex, Nifty climb nearly 1%

Rediff.com18 Mar 2026

Indian stock market indices Sensex and Nifty closed nearly 1 per cent higher, marking their third consecutive day of gains, supported by a slight decrease in crude oil prices and positive global market trends.

Why Chandrasekaran skipped TCS AGM for the 2nd consecutive day

Why Chandrasekaran skipped TCS AGM for the 2nd consecutive day

Rediff.com19 Jun 2025

Tata Sons chairman N Chandrasekaran on Thursday skipped the Annual General Meeting of Tata Consultancy Services (TCS), marking his absence from the group's shareholder gathering for the second consecutive day. This is the first time in over 17 years that Chandrasekaran, who was elevated as the chairman of the diversified conglomerate after working as TCS's chief executive, has missed the AGM of the largest IT services company.

Stock Markets Today March 25, 2026: Sensex, Nifty50 Rally on US-Iran Ceasefire Hopes

Stock Markets Today March 25, 2026: Sensex, Nifty50 Rally on US-Iran Ceasefire Hopes

Rediff.com25 Mar 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

TCS net profit dips 1.68% to Rs 12,224 cr in March quarter

TCS net profit dips 1.68% to Rs 12,224 cr in March quarter

Rediff.com10 Apr 2025

India's largest IT services firm Tata Consultancy Services on Thursday reported a 1.68 per cent dip in its consolidated net profit to Rs 12,224 crore for the March 2025 quarter. Tata Consultancy Services (TCS) - whose earnings marked the official start of IT results season - reported a total revenue of Rs 64,479 crore in Q4 FY25, up 5.3 per cent over the year-ago period.

TCS, TPG to invest Rs 18,000 cr in data centre biz

TCS, TPG to invest Rs 18,000 cr in data centre biz

Rediff.com20 Nov 2025

The country's largest IT services company TCS on Thursday announced a tie-up with private equity major TPG for its upcoming data centre business, in which both the partners aim to invest Rs 18,000 crore. TPG will invest $1 billion or around Rs 8,870 crore in the AI data centre business christened as 'Hypervault', and hold a stake between 27.5-49 per cent in the venture.

Heavy sell-off in IT counters; Sensex ends up 79 points

Heavy sell-off in IT counters; Sensex ends up 79 points

Rediff.com4 Feb 2026

Benchmark indices Sensex and Nifty ended marginally higher on Wednesday as a sharp decline in IT blue-chip stocks restricted the rally in the markets.

TCS share in Tata group mcap declines

TCS share in Tata group mcap declines

Rediff.com28 Apr 2025

Tata Consultancy Services (TCS), the country's largest player in information-technology (IT) export, has seen a sharp decline in its contribution to the Tata group's market capitalisation in recent years though it remains the most valuable company in the conglomerate. Its 44.8 per cent share in the combined market capitalisation of the listed Tata group companies is the lowest since March 2009 and is down sharply from the all-time high contribution of 74.4 per cent at the end of March 2020.

Stock Market Crash: 4 Lakh Crore Wiped Out as Sensex Falls 800 Points, Nifty Near 23,000

Stock Market Crash: 4 Lakh Crore Wiped Out as Sensex Falls 800 Points, Nifty Near 23,000

Rediff.com27 Mar 2026

Indian stock markets tumbled sharply with the Sensex falling 800 points and nearly 4 lakh crore wiped out in a single session. Here are the 6 key factors, including rupee weakness and global cues, behind the crash.

Stock Markets Today March 27, 2026: Sensex tanks 927 points, Nifty50 Falls To 23,025

Stock Markets Today March 27, 2026: Sensex tanks 927 points, Nifty50 Falls To 23,025

Rediff.com27 Mar 2026

Benchmark indices Sensex and Nifty tumbled in early trade on Friday after a two-day rally, tracking a weak trend in global peers, as the US-Iran conflict continues to be a key overhang for the markets. Track Sensex, Nifty50 movement and key market drivers for March 27, 2026.

TCS likely to be hit hard by Trump's H-1B visa fee hike

TCS likely to be hit hard by Trump's H-1B visa fee hike

Rediff.com20 Sep 2025

According to the US Citizenship and Immigration Services (USCIS), Amazon had 10,044 workers using H-1B visas as of June, 2025. Coming in at the second spot was TCS with 5,505 H-1B visas approved.

TCS cancels Thursday's Q2 earnings press meet

TCS cancels Thursday's Q2 earnings press meet

Rediff.com10 Oct 2024

Tata Consultancy Services (TCS) has cancelled a press conference scheduled on Thursday evening to announce its second quarter performance, company officials said. The press conference was originally scheduled at 1730 hours on Thursday.

From TCS to Wipro, India's top IT companies a gravy train for shareholders

From TCS to Wipro, India's top IT companies a gravy train for shareholders

Rediff.com13 Aug 2025

India's top information- technology (IT) services companies, all cash-rich, have been tightfisted about ploughing back their earnings in new projects or acquisitions and the bulk of the profits have been distributed to shareholders through dividend and share buybacks. In the past 10 years (that is, excluding the current one), the firms have reinvested in growth and expansion only around 13.5 per cent of the cash flow generated from their operations.

How Mamata Banerjee Fared In Her 15 Year Rule

How Mamata Banerjee Fared In Her 15 Year Rule

Rediff.com4 May 2026

Under the TMC, Bengal has seen expansion of welfare, but not big-ticket private investment.

New Income-Tax Act 2025: What Changes From April 1?

New Income-Tax Act 2025: What Changes From April 1?

Rediff.com31 Mar 2026

A key mistake would be continuing to rely on provisions of the Income-Tax Act, 1961, where the new law now applies, and vice versa.

What Caused Nifty IT's 6% Fall On Thu?

What Caused Nifty IT's 6% Fall On Thu?

Rediff.com13 Feb 2026

The Nifty IT index hit a more than nine-month low, trading at its weakest level since April 17, 2025.

Infosys takes Rs 1,289 cr hit on new labour codes in Q3FY26

Infosys takes Rs 1,289 cr hit on new labour codes in Q3FY26

Rediff.com14 Jan 2026

Infosys on Wednesday reported a one-time exceptional hit of Rs 1,289 crore on account of the impact of the implementation of new labour codes, as India's second-largest IT services firm announced its December quarter earnings.

Infosys Q3: Higher growth guidance drives IT stocks

Infosys Q3: Higher growth guidance drives IT stocks

Rediff.com17 Jan 2026

Shares of information technology (IT) companies were in demand on Friday, with the National Stock Exchange's (NSE's) Nifty IT index rallying 3.3 per cent on . This came after Infosys reported steady sequential growth, driven by health care boost and large deal rampup in a seasonally weak quarter (Q3FY26).

Tata Consultancy Services to remain leader in IT pack

Tata Consultancy Services to remain leader in IT pack

Rediff.com16 Sep 2013

Tata Consultancy Services (TCS) is likely to maintain its leadership position over the next three years backed by a strong and satisfied client base.

STT hike on Futures drags markets down; Sensex crashes 1,547 points

STT hike on Futures drags markets down; Sensex crashes 1,547 points

Rediff.com1 Feb 2026

Benchmark stock indices Sensex and Nifty dived sharply by nearly 2 per cent on Sunday after Finance Minister Nirmala Sitharaman proposed a hike in the Securities Transaction Tax (STT) on derivatives. Reversing the early gains, the 30-share BSE Sensex plunged sharply by 2,370.36 points or 2.88 per cent to slide below the 80,000-mark at 79,899.42 in afternoon trade as the finance minister announced a hike in STT on futures contracts to 0.05 per cent from the current 0.02 per cent.

How Shantanu Narayen Transformed Adobe

How Shantanu Narayen Transformed Adobe

Rediff.com16 Mar 2026

For many outside the technology sector, Shantanu Narayen's impact may not always be visible, but his leadership quietly transformed how millions of people learn, work, create and run businesses across the world.

Stock Market Today: Sensex, Nifty50 React to Global Cues and Trump Tariff Concerns

Stock Market Today: Sensex, Nifty50 React to Global Cues and Trump Tariff Concerns

Rediff.com24 Feb 2026

Indian equities on Dalal Street saw volatility as global market trends and fresh tariff concerns linked to Donald Trump impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for Feb 24, 2026.

Texas governor orders freeze on new H-1B visas; Indians likely to be hit

Texas governor orders freeze on new H-1B visas; Indians likely to be hit

Rediff.com28 Jan 2026

Texas Governor Greg Abbott has directed state agencies and public universities to suspend new H-1B visa petitions through May 2027, a move likely to affect Indian professionals. The order comes amid ongoing debate over skilled immigration and potential impacts on academic research and innovation.

Revised ITR deadline extended with penalty in Budget 2026

Revised ITR deadline extended with penalty in Budget 2026

Rediff.com1 Feb 2026

The FM proposed a rule-based automated process for small taxpayers in FY27 Budget.