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.
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.
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.
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.
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 extended their losing streak for a fourth consecutive day, with the Sensex tumbling 417 points due to rising crude oil prices and a significant sell-off in IT stocks, impacting overall investor sentiment.
The benchmark Sensex plummeted 813 points to a three-month low, with the Nifty settling below 23,450, as escalating tensions in West Asia drove crude oil prices above USD 100 per barrel, leading to widespread selling in IT, FMCG, financial services, and oil & gas shares.
N Chandrasekaran's exit marks a major shift for TCS, leaving its leadership to navigate AI disruption without the group chairman's deep expertise.
A local court in Nashik has remanded two accused in the Tata Consultancy Services harassment case to police custody. The case involves allegations of sexual harassment and forced religious conversion at a TCS unit. An investigation is underway, and TCS has suspended employees allegedly involved.
A local court in Nashik has remanded two accused in the Tata Consultancy Services harassment case to police custody. The case involves allegations of sexual harassment and forced religious conversion at a TCS unit. An investigation is underway, and TCS has suspended employees allegedly involved.
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.
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.
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.
'Across the entire value chain, we will be able to industrialise AI adoption, and that is the main purpose of the deal.'
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.
Tata Consultancy Services has partnered with French artificial intelligence firm Mistral to provide frontier grade AI solution, Mistral Forge, for enterprises across the world.
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.
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.
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.
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).
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.
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.
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 Group stocks experienced a significant decline, with TCS falling nearly 6 per cent, after Tata Sons Chairman N Chandrasekaran announced he would not seek reappointment when his current term concludes on February 20, 2027.
Tata Consultancy Services (TCS) has announced annual salary hikes effective April 1, with top performers receiving double-digit increases, while also renewing its multi-year strategic partnership with UK retailer Marks & Spencer (M&S) to support its omnichannel and data-driven transformation with AI.
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.
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.
Maharashtra Chief Minister Devendra Fadnavis stated his government is confident of uncovering the module involved in the alleged sexual harassment and forcible religious conversion at a Tata Consultancy Services (TCS) unit in Nashik.
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.
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.
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.
Maharashtra legislative council deputy chairperson Neelam Gorhe has demanded stringent action against employees of Tata Consultancy Services (TCS) in Nashik following allegations of sexual harassment and forced religious conversion by female employees.
Indian benchmark indices Sensex and Nifty surged in early trade, with the Sensex jumping nearly 700 points, primarily driven by strong buying in IT stocks following TCS's positive June-quarter results and optimistic demand outlook. Track Sensex, Nifty on July 10, 2026.
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.
A court in Nashik has declined to grant interim protection from arrest to Nida Khan, a key accused in the sexual harassment and religious coercion probe at a Tata Consultancy Services unit. The court has directed the Nashik Police and the complainant to file their formal responses to her anticipatory bail application.
Indian benchmark indices, Sensex and Nifty, experienced declines in early trading, primarily due to selling pressure on blue-chip HDFC Bank and ongoing geopolitical uncertainties.
