"tcs"

In Nashik, police arrested eight people in multiple FIRs from a Tata Consultancy Services unit sexual harassment case, involving alleged assault, blackmail, and religious insults. The complainant also accused colleagues of pressure to convert religion, prompting a Special Investigation Team probe

Tata Consultancy Services has suspended employee Nida Khan, named as the main accused in a religious conversion-related case in Nashik. The company termed it an interim measure pending investigation, as authorities continue to probe the allegations

Allegations of forced religious conversion and exploitation at TCS Nashik have sparked a political storm in Maharashtra. Leaders across parties have demanded a thorough probe, while police have arrested several employees and widened the investigation into multiple complaints

Tata Consultancy Services has made 25,000 fresher offers for FY27, with hiring to depend on demand conditions, CEO K Krithivasan said. The IT major reported stable pipelines, rising deal conversions, and improved discretionary demand across global markets.

The meltdown was due to worries of AI tools replacing many traditional software and IT outsourcing services

In the September quarter, TCS reported a net reduction of 19,755 employees, but indicated that only about 6,000 of these exits were involuntary and linked to restructuring

Last week, the combined market valuation of six of India’s top-10 firms rose by Rs 75,256.97 crore, led by TCS and Infosys, while HDFC Bank, ICICI Bank, Bajaj Finance, and LIC saw declines amid a 338-point drop in the BSE index

Andhra Pradesh IT Minister Nara Lokesh criticized multiple PILs filed against IT park projects by TCS, Cognizant, Sattva, and Raheja Corp, warning they threaten over 1 lakh jobs and could deter investment, while YSRCP denies involvement in the litigations

Five of India’s top-10 most valued firms, led by TCS and Infosys, added over ₹72,284 crore in market value last week, while Reliance, HDFC Bank, SBI, L&T and LIC saw declines. TCS gained the most, adding nearly Rs 36,000 crore

Hyderabad is set to become a major hub in TCS’s ambitious AI data centre venture, Hypervault, backed by $2 billion equity from TCS and TPG. The project, part of a $6.5 billion plan to build 1 GW capacity, positions Hyderabad alongside Navi Mumbai and Chennai. TPG’s partnership through its Rise Climate initiative underscores the focus on sustainable, large-scale infrastructure.

Seven of India’s top 10 most valued firms saw their combined market capitalization drop by ₹88,635 crore last week amid weak equities, with Bharti Airtel and TCS leading losses. Reliance, HDFC Bank, and Infosys also declined, while SBI, LIC, and Bajaj Finance gained

Sensex and Nifty rebounded in early trade on Friday, supported by gains in TCS, ITC, and Maruti. Mixed global trends and foreign fund outflows kept investors cautious, while Brent crude eased and FIIs remained net sellers.

TCS reported a 1.39 per cent rise in Q2 FY26 net profit to Rs 12,075 crore, with revenues growing 2.39 per cent to Rs 65,799 crore. Sequentially, profit fell 5.3 per cent, while revenue increased 3.7 per cent. The company declared a second interim dividend of Rs 11 per share

US Senators have asked TCS to explain its US hiring practices, including H-1B recruitment, wage parity, and American layoffs. The company must respond by October 10 amid an ongoing EEOC investigation and growing scrutiny of H-1B visa practices

Company, however, refutes allegation; says only a limited number of employees have been affected at its Pune office

Tata Consultancy Services ranks second in H-1B visa approvals in 2025, after Amazon, with 5,505 visas, according to USCIS. The new $100,000 visa fee aims to curb H-1B programme abuse, potentially affecting Indian IT companies and foreign STEM workers in the US

The Tata group company starts sending letters of increment to employees; hike to be applicable from September

Sensex rebounded 329 points on Monday as IT and auto stocks led gains, driven by global optimism and hopes of a US Federal Reserve rate cut. Nifty rose 98 points, while midcap and smallcap indices showed mixed performance

Eight of India’s top-10 most valued firms gained ₹1.72 lakh crore in market valuation last week, led by Reliance Industries. TCS, Airtel, ICICI Bank, Infosys, HUL, LIC, and Bajaj Finance also rose, while HDFC Bank and SBI declined

Tata Consultancy Services (TCS) has partnered with NOW Corporation’s telecom arm to develop the Philippines’ sovereign data cloud, strengthen digital infrastructure, and promote financial inclusivity, focusing on secure networks, cyber defence, healthcare, and digital banking under the Trusted Network Initiative framework