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The Latest Breaking News from Tata Consultancy Services

TCS to take $70 million hit after US Supreme Court rejects appeal in trade secrets case

Tata Consultancy Services will book a $70 million charge in the first quarter of FY27. This follows the US Supreme Court's decision not to hear its appeal in a trade secrets case. The Indian IT giant's total financial exposure in this dispute now stands at $220 million. The company had…

The Economic Times

US Supreme Court rejects TCS appeal in $168 million trade secrets case

The U.S. Supreme Court has refused to hear Tata Consultancy Services' appeal. This upholds a $168 million award against Tata. DXC Technology had sued Tata for allegedly stealing trade secrets related to life-insurance software. A jury initially proposed $210 million. A judge reduced this to $168 million. The appeals court…

The Economic Times

2 TCS employees booked for abetment over colleague's ''suicide'', company says it is ascertaining facts

Pune police have filed a case of abetment to suicide against three individuals. This action follows the death of a 48-year-old employee of Tata Consultancy Services. The deceased's son filed the complaint. The employee allegedly died by suicide at his residence. A suicide note named colleagues for alleged harassment and…

The Economic Times

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TCS forms business unit to help MNCs set up GCCs

Tata Consultancy Services has launched a new business unit, Global Value & Innovation Centres, to assist enterprises in establishing and managing global capability centres (GCCs). This unit will focus on creating "AI-native GCCs" and transforming existing ones, offering services across the entire lifecycle from strategy to AI-led operations.

The Economic Times

Infosys, Tech Mahindra, TCS and other IT stocks jump up to 5%. What’s driving the rally?

Indian IT stocks rose sharply on Monday, lifting the Nifty IT index nearly 3%, as investors reassessed AI-related fears, attracted by attractive valuations and upbeat sector outlooks. Optimism around potential US rate cuts and positive technical signals further fuelled buying in Infosys, Tech Mahindra, TCS and other IT majors.

The Economic Times

CUET-UG exam hit by delay after TCS technical glitch

Tata Consultancy Services reported a two-hour delay in the morning shift of the CUET-UG examination due to a brief technical issue. The problem was resolved, and the exam resumed with compensatory time, ensuring the integrity of the process. TCS is working with the NTA to ensure smooth conduct of future…

The Economic Times

Derek O'Brien cites Tata investments in Bengal after state BJP chief vows to 'bring back' the firm

TMC leaders have detailed the Tata Group's extensive operations and growth in West Bengal over the past 15 years. Companies like Tata Consultancy Services and Tata Hitachi are expanding their presence. Several Tata hotel brands operate in the state. This information counters recent remarks by the state BJP president about…

The Economic Times

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CUET-UG afternoon session time: After technical glitches, NTA announces time change; check key details

The National Testing Agency (NTA) announced delays in the CUET-UG 2026 examination at some centers due to a technical glitch managed by Tata Consultancy Services (TCS). Candidates will receive full compensatory time, with afternoon session reporting and exam start times adjusted. This follows a recent postponement of the May 28…

The Economic Times

Dividends, bonus issues: TCS, LIC, Bajaj Auto among 30 stocks turning ex-date this week. Check details

Investors must hold shares of these companies in their demat accounts on the record date to be eligible for the respective corporate actions. The list remains tentative, as more companies may announce record dates for dividends, bonus issues and stock splits during the week.

The Economic Times

9 of top 10 valued firms lose Rs 3.12 lakh crore in m-cap; Reliance hardest hit

The valuation of Tata Consultancy Services (TCS) tanked Rs 47,415.04 crore to Rs 8,19,062.65 crore and that of Bajaj Finance dived Rs 27,892.28 crore to Rs 5,66,717.74 crore.

The Economic Times

TCS CEO K Krithivasan takes home over Rs 28 crore in FY26 annual pay package

Tata Consultancy Services CEO & MD K Krithivasan's remuneration reached over Rs 28 crore in FY26, a 6.3% increase year-on-year. This figure includes salary, benefits, and a significant commission. The company also disclosed remuneration for COO Aarthi Subramanian and CFO Samir Seksaria, alongside Rs 1,388 crore in restructuring expenses for…

The Economic Times

ETtech Explainer: Did OpenAI's new AI deployment venture just kill Indian IT stocks?

Indian IT stocks plummeted to three-year lows following OpenAI's launch of a new venture focused on direct AI implementation for enterprises. This move, alongside a similar initiative by Anthropic, threatens the traditional service integration model of Indian IT giants. The market reaction highlights concerns over AI's disruptive potential and existing…

The Economic Times

“They were told to marry and convert”: Eyewitness makes big claim in TCS Nashik case

The eyewitness also claimed that coercion was involved and that HR-linked funding may have played a role. These claims have drawn attention because they suggest the alleged actions may not have been limited to individual conduct. The case is currently being investigated by the police, while TCS has also initiated…

Times Life

TCS Bets Big On 'Physical AI' With New Michigan Centre As Race To Automate Manufacturing Heats Up

Tata Consultancy Services unveils its seventh Gemini Experience Centre in Troy, Michigan, focusing on Physical AI for manufacturing, in collaboration with Google Cloud.

International Business Times UK

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Fortune

AI investments surge in India as tech leaders convene for Delhi summit

Blackstone, AMD, and Tata Consultancy Services unveil major infrastructure plans as OpenAI and Anthropic focus on India growth.

International Business Times UK

Marks & Spencer Cuts Ties With Tata Consultancy Services Amid £300m Cyber Attack Fallout

After a £300m cyber attack hit Marks & Spencer, the UK retailer has dropped Tata Consultancy Services as its tech helpdesk provider amid growing scrutiny over IT outsourcing risks.

Fortune

One of Silicon Valley’s most prominent Democrats just called Trump’s $100k H-1B visa fee a 'great solution'

Other tech leaders, like Elon Musk, have said they will ‘go to war’ to defend the program.

TechRadar

M&S hack may have been caused by security issues at Indian IT giant Tata Consultancy Services

Disruption at M&S has been going on for weeks, and this could be why.

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The Guardian - UK

Tata redundancy scheme targeted older, non-Indian nationals in UK, tribunal hears

Three claimants allege Mumbai-based consultancy firm discriminated against them during restructuring

TechRadar

I spoke with Tata Consultancy Services about how new tools can help speed up AI adoption across a range of businesses

New tools plan on speeding up AI adoption, but how exactly will this be achieved?

TechRadar

Tata Consultancy Services teams with Nvidia to speed up AI adoption

Tata Consultancy Services partners with Nvidia to speed up enterprise AI adoption.

The Economic Times

TCS introduces 60% work from office attendance policy for variable pay allocation; Here's how it works

Tata Consultancy Services (TCS) has introduced a revised variable pay policy that integrates employees' office attendance as a key factor. The policy, effective post the company's quarterly results, establishes four attendance slabs dictating the variable pay for employees. Employees working from the office for less than 60% of the time…

The Times of India

Fmr TCS CEO Gopinathan joins BCG as senior adviser

BENGALURU: Former chief executive officer of Tata Consultancy Services (TCS) Rajesh Gopinathan has joined the Boston Consulting Group (BCG) as senior adviser, technology, media, and telecommunications (TMT) practice as part of its Delhi team.

The Times of India

Best companies to work in India: TCS tops list, Amazon at 2nd place

MUMBAI: Tata Consultancy Services has emerged as the top company in a list, which showcases the best places to work and grow careers, for 2023.

The Times of India

Dividend, decline in employee-base: Key points from TCS Q3 results

NEW DELHI: The country's largest software exporter Tata Consultancy Services (TCS) reported an 11% rise in December quarter net profit to Rs 10,846 crore.

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