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TCS has refuted a recent report alleging that leading British retail company Marks & Spencer (M&S) has ended contact with the IT firm over a £300 million cyberattack. In a National Stock Exchange (NSE) filing, TCS said the report is “misleading, with factual inaccuracies”. The IT giant clarified that it does not provide cyber security…
Tata Consultancy Services BENGALURU: TCS said that a report published in The Telegraph on Sunday, which claimed that Marks & Spencer did not renew its ‘$1-billion’ contract with the IT firm to manage its technology helpdesk, is “misleading”. “The report published by The Telegraph is misleading, with factual inaccuracies including the size of the contract…
Dalal Street made notable gains last week, as the combined market capitalisation of seven of the country’s ten most valued companies surged by Rs 1,55,710.74 crore in a holiday-shortened trading week.The BSE Sensex advanced 259.69 points, or 0.30%, last week, with the benchmark hitting a 52-week high of 85,290.06 on Thursday.Reliance Industries and Tata Consultancy…
Tata Consultancy Services (TCS) HR head Sudeep Kunnumal recently addressed concerns over potential layoffs at the IT giant. Speaking during the company’s Q2 earnings call earlier this month, Kunnumal said that TCS is not “chasing a target” when it comes to job cuts. Instead, the IT firm said it will evaluate “everyone”. During the earnings…
Tata Consultancy Services (TCS) HR chief has said that the company’s business model can adapt to H-1B Visa changes as the IT services giant is localising the US workforce. He said that the company has significantly reduced its reliance on H-1B visas for its US operations, with only approximately 500 associates currently working in the…
Stock market: Dalal Street witnessed strong momentum last week as the combined market capitalisation of eight of India’s top 10 most-valued companies rose by Rs 1.94 lakh crore, reflecting renewed investor optimism.Tata Consultancy Services (TCS) emerged as the biggest gainer, while Hindustan Unilever and Life Insurance Corporation of India (LIC) saw declines in their valuations,…
Tata Consultancy Services (TCS) has unveiled a new Artificial Intelligence (AI) Experience Zone and Design Studio in London as part of its latest expansion drive in the United Kingdom. The company said the initiative, coupled with fresh investments, will generate 5,000 new jobs across the UK over the next three years.TCS, which already supports over…
TCS, which is Tata Group’s most profitable entity, had in July announced a workforce reduction of 12,261 positions. (AI image) TCS layoffs: Tata Consultancy Services, India’s largest IT services exporter, has released around 1% of its workforce, its Chief HR Officer Sudeep Kunnumal said on Thursday. Kunnumal said that around 6,000 people have been laid…
IT giant, Tata Consultancy Services (TCS) on Thursday said it has acquired US-based ListEngage for $72.80 million (about Rs 646 crore), marking a strategic move to enhance its Salesforce and AI advisory capabilities globally.Headquartered in Framingham, Massachusetts, ListEngage is a full-stack Salesforce partner specialising in marketing cloud, CRM, data cloud, Agentforce, and AI advisory services…
TCS Q2 results FY 2025-26 TCS Q2 results: Tata Consultancy Services (TCS), India’s largest IT services firm, on Thursday reported a net profit of Rs 12,075 crore for the quarter ended September, 2025.The net profit saw an increase of 1.4% compared to Rs 11,909 crore in the previous year. The profit after tax (PAT) fell…
