Tata Consultancy Services

TCS launches GenAI aggregator platform AI WisdomNext

07 Jun 2024

Tata Consultancy Services has launched TCS AI WisdomNext, a platform for aggregating multiple GenAI services into a single interface

TCS Q3 net profit up 8.2% at Rs11,735 cr; revenue at Rs60,583 cr

11 Jan 2024

Tata Consultancy Services (TCS) has reported a net profit of Rs11,735 crore for fiscal third quarter ended 31 December 2023, an 8.2 per cent increase year-on-year, on the back of rising demand for cloud-led services.

Indian IT giants employ non-compete clauses in junior staff contracts

09 Jan 2024

In a recent development, major Indian IT companies, including TCS, Infosys, Wipro, HCLTech, and Tech Mahindra, have incorporated non-compete clauses into the contracts of junior employees, spanning from 6 to 12 months.

Australian trading bourse and TCS to partner up to create trading software

20 Nov 2023

ASX Ltd., an Australian bourse operator, has partnered with Tata Consultancy Services (TCS) to create a product-based solution to replace its trading, clearing, and settlement systems.

The Indian IT sector witnesses its first hiring slump in 25 years

30 Oct 2023

With the rise in geopolitical tensions and spending cuts by western countries, there has been a decline in hiring at most Indian IT companies.

TCS signs £840 million fresh contract with UK pension scheme Nest

10 Jul 2023

TCS Q4 net rises 15% to Rs11,392 crore

13 Apr 2023

TCS also reported a change of guard with interim CEO K Krithivsan taking over charge three months ahead of the planned departure of the current CEO at end-September 2023

TCS Q2 net profit crosses the Rs10,000-cr mark

13 Oct 2022

TCS's order book stood at $8.1 billion at the end of September 2022 on the back of continued strong demand for its services while a high employee attrition rate of 21.5 per cent remained a sore point

TCS offers 100% variable pay for its 600,000 plus employees

29 Aug 2022

TCS’ net profit rises 5% to Rs9,478 cr despite lower operating margin

11 Jul 2022

TCS continued hiring momentum during the quarter as well, taking employee strength above the 600,000 mark, even as attrition rate for a 12-month period rose to 19.7 per cent

TCS Q4 net profit zooms to Rs9,926 cr, revenue at Rs50,591 cr

12 Apr 2022

TCS closed fiscal 2022 with annual revenue of Rs1,91,754 crore (more than $25 billion) for the first time -  a growth of 16.8 per cent

TCS announces Rs18,000-cr share buyback

07 Mar 2022

TCS to add 78,000 candidates this fiscal; announces Smart Hiring Programme

18 Oct 2021

TCS beats the pandemic with Rs9,008-cr net profit for Q1FY22

08 Jul 2021

Profit for the April-June 2021 quarter was up, 28.5 per cent year-on-year, but lower by 2.6 per cent on a sequential basis as other income declined sharply by 22.6 per cent QoQ to Rs721 crore in Q1FY22

TCS Q4 net rises to Rs9,246 cr, revenue at Rs43,705 cr

13 Apr 2021

And, despite the raging pandemic, TCS added 40,185 employees to its workforce, on a net basis, during the year, including 19,388 in the fiscal fourth quarter, taking total headcount to 488,649

TCS reports Rs8,701-cr Q3 net profit; revenue growth hits 9-year high

14 Jan 2021

IIT Kharagpur, TCS jointly develop novel Industry 4.0 technology

26 Oct 2020

TCS beats Accenture to become world’s most valuable IT company

09 Oct 2020

TCS net up 6.7% sequentially; announces pay hike, share buyback

07 Oct 2020

TCS offers to pay double to candidates qualifying in fresh test

22 Oct 2019

TCS fails to impress with a 1.8% rise in Q2 net to Rs8,042 cr

11 Oct 2019

TCS, which heavily relies on banking clients, was hurt by dampening of IT spending by financial clients, while the escalating trade war between the United States and China, as well as Britain’s planned exit from the European Union also dampened demand for its products and services

TCS Q1 FY’20 net profit rises 10.8% to Rs8,131 cr

10 Jul 2019

TCS also posted an 11.4 per cent rise in revenue to Rs38,172 crore during the April-June 2019-20 quarter and reported operating margin of 24.2 per cent for the quarter

TCS hikes stake in Japan JV with Mitsubishi to 66%

25 Jun 2019

TCS pips IBM with market cap of over $120 billion

11 Jun 2019

At close of trading on Monday, TCS had a market capitalisation of $120.5 billion (Rs8.37 lakh crore), while in early New York trade, IBM was at $119.6 billion (Rs8.32 lakh crore), stock market data showed

TCS pips RIL in market cap as RIL sheds Rs96,000 cr in 4 days

10 May 2019