Page 2 - Tata Consultancy Services

Tata group's listed companies see small increase in staff in FY24

TCS accounted for bulk of attrition at group level in FY24

TCS launches latest Pace Studio in Stockholm, first in Nordic region

Indian IT company's facility will offer customers access to an innovation ecosystem

Mcap of 7 of top 10 valued firms rises to Rs 1.40 trn; TCS, Infosys lead

The combined market valuation of seven of the top 10 valued firms jumped Rs 1,40,863.66 crore in a holiday-shortened last week with the benchmark Sensex gaining nearly 1 per cent. Tata Consultancy Services and Infosys emerged as the biggest gainers in line with an optimistic trend at Dalal Street. Last week, the BSE benchmark rose by 730.93 points or 0.91 per cent following a strong rally on Friday. The market capitalisation (Mcap) of Tata Consultancy Services (TCS) surged by Rs 67,477.33 crore to Rs 15,97,946.44 crore. The valuation of Infosys jumped Rs 36,746.21 crore to Rs 7,72,023.49 crore. The Mcap of Bharti Airtel rallied Rs 11,727.55 crore to Rs 8,45,123.87 crore and that of ICICI Bank by Rs 10,913.96 crore to Rs 8,36,115.19 crore. The valuation of ITC soared Rs 8,569.73 crore to Rs 6,28,399.10 crore and that of Reliance Industries by Rs 5,311.4 crore to Rs 20,00,076.41 crore. Hindustan Unilever added Rs 117.48 crore to take its valuation to Rs 6,45,926.13 crore. However

TCS' AI pipeline at $1.5bn; focus on talent development, AI engagement

TCS is working on an AI-based interview coach that evaluates both the content of an employee's responses and their body language and tone, providing corrective feedback

Work from office near pre-pandemic levels, will stop tracking soon: TCS

The country's largest IT services exporter TCS has reached pre-pandemic levels on the percentage of employees working from offices, a top official has said. Admitting that it took longer than expected, the Tata group company's chief of human resources Milind Lakkad said the levels have been achieved after 18 months of "hard" efforts. "We actually have come to the point where we believe we are coming back to almost the same levels as we were pre-pandemic times," Lakkad told PTI. Stating that "it is kind of a business as usual" for the company employing over 6 lakh people, Lakkad said TCS will not track this metric as much in the next couple of quarters. The number of employees working from offices for five days a week is higher than the 70 per cent it had previously announced, he said, without giving a figure. It can be noted that the pandemic-induced lockdowns resulted in the entire IT industry's staff delivering work from their homes, but companies, who look at working from offic

Extending gains: TCS rub-off lifts Nifty and Sensex to fresh highs

Indices see 6th weekly winning run; FPIs bullish amid Fed rate cut hopes

IT stocks gain post TCS decent Q1 results; Mphasis, Sonata rally up to 6%

IT stocks today: TCS, Mphasis, Accelya Solutions India, Sonata Software, and Kellton Tech Solutions rose in the range of 3 per cent to 6 per cent

TCS Q1 results: Net profit up 8.7%, margins rise despite salary hike

TCS meets estimates, but macro challenges persist; AI, genAI pipeline doubles

India's tech sector needs 1 mn high-tech engineers as economy expands

India's $250 billion tech sector plays an important role in the economy, employing about 5.4 million people

TCS Q1 Preview: Margin pressure to weigh; net profit may rise 6-9%

Tata Consultancy Services (TCS) is expected to register a single-digit growth in revenue and profit for the April-June quarter of fiscal year 2024-25 (Q1FY25)

Mcap of BSE-listed firms hit record high of Rs 445.43 trn amid record rally

The 30-share Sensex hit the historic 80,000-mark for the first time earlier in the day. It surged 632.85 points, or 0.79 per cent, to hit a record intra-day high of 80,074.30

TCS announces title partnership of Sydney Marathon, Australia's largest

Indian IT company sponsors 14 global running events that are attended by 600,000 runners

AI to usher in era of technological prowess: Tech Mahindra Chairman

IT firm to follow 'three-pronged' strategy for revenue and profitability predictability, says Mohit Joshi

Wipro's female workforce sees significant drop, declines by 8,126 in FY24

At Wipro, reports of sexual harassment complaints more than doubled in FY24, totalling 182 cases compared to 70 in FY23

2 days after postponing NEET-PG, health ministry reviews exam process

Top officials from the Union health ministry on Monday reviewed the process of the NEET-PG exam, two days after the entrance examination to postgraduate medical courses was postponed. The National Eligibility Entrance Test (Postgraduate) entrance examination is conducted by the National Board of Examinations in Medical Sciences (NBEMS), along with its technical partner Tata Consultancy Services (TCS), for medical students. The government on Saturday postponed the NEET-PG entrance examination, scheduled to be held on June 23, as a "precautionary measure" in the wake of recent allegations on the integrity of certain competitive exams. The Monday meeting was held to check the "robustness" of the system for the conduct of the exam in the coming days, sources said. It was learnt that the TCS top brass briefed about the various aspects of the exam procedure that is followed in the meeting. "The process of uploading the NEET-PG exam paper starts an hour before the exam is to be held. Thi

Future beyond software: How can India bring next wave of lucrative jobs?

Policymakers in New Delhi have their sight on China's factory-to-the-world crown. They are spending $24 billion over five years on production-linked incentives

Fresher hiring in India's IT sector tumbles to two-decade low: Xpheno

HR analysts and college placements offices that Business Standard spoke to said fresher hiring by the top five IT firms has been the lowest in this financial year so far

US court orders TCS to pay $194 million for trade secrets misappropriation

The case, filed by Computer Sciences Corporation (CSC) (now known as DXC Technology Company) against the company alleges misappropriation of its trade secrets

Stocks to Watch, June 12:L&T, Cipla, Patanjali Foods, TCS, TVS Supply Chain

Stocks to Watch on Wednesday, June 12: L&T expects private capex to pick up gradually post general elections in India in FY25.

Here's why India should look back 300 years to learn a lesson in AI

This is just the beginning. As generative AI morphs into artificial general intelligence - machines rivaling human cognitive abilities - even highly complex tasks may not require expert programmers