As the largest IT services company in the nation intensifies its efforts to become an AI-led organisation, Tata Consultancy Services has revealed for the first time that its artificial intelligence division has crossed $1.5 billion in annualised revenue, gaining 16% quarter over quarter. Chief executive K Krithivasan stated during
The Maharashtra government informed the state legislative council on 9 December that Tata Consultancy Services had let go 376 workers from its Pune campuses during the first two quarters of the current fiscal year. Following enquiries from lawmakers who referenced news reports indicating widespread layoffs at the IT services company,
According to The Economic Times, OpenAI and Tata Consultancy Services (TCS), the biggest software services exporter from India, are in advanced negotiations to collaborate on the development of artificial intelligence compute infrastructure in India. According to the report, which cited people with knowledge of the matter, the two businesses will
SAP and Tata Consultancy Services (TCS), a leading provider of IT services, have inked a five-year agreement to upgrade SAP's enterprise-wide cloud and generative AI operations. The deal's value was not revealed. TCS will assist SAP in simplifying its intricate IT environment, facilitating smooth IT operations,
According to Tata Consultancy Services (TCS), the biggest provider of IT services in India, a U.S. court ruled against it in the case involving DXC Technology Company (now Computer Sciences Corporation) on November 21. TCS was fined $194 million by a US District Court last year for allegedly stealing
The Tata Consultancy Services (TCS), India's leading IT company, has been issued a notice by the Labour Commissioner’s Office in Pune following several months of employee layoffs as the company prepares to reduce its workforce by 2%. Following several complaints from the Nascent Information Technology Employees Senate
According to data from Layoffs.fyi, the IT industry's major layoff wave has gotten worse in 2025, with over 1,000,000 workers losing their employment at 218 organisations so far. After years of overexpansion during the pandemic, tech firms from Bengaluru to Silicon Valley are reducing workers
According to the Financial Times, British retailer Marks & Spencer (M&S) has terminated its agreement with Tata Consultancy Services (TCS) to run its IT service desk. However, both businesses maintain that the termination has nothing to do with a hack that occurred earlier this year. The decision ends
The yearly performance review cycle of Infosys has begun, reigniting employee expectations for long-awaited pay raises in 2026. In an email, the HR department of the Bengaluru-based IT services behemoth requested that employees submit their self-evaluations by October 17. Employees feel that this appraisal season is more important than the
HCLTech announced that it will begin giving its workers raises in October, following the lead of its bigger competitor Tata Consultancy Services (TCS), which did so last month with the support of robust revenue growth, improved deal visibility, and sizable artificial intelligence (AI) income. The percentage increase that HCLTech would
Following the release of the company's second-quarter results, Chief Human Resources Officer Sudeep Kunnumal stated that Tata Consultancy Services (TCS) would increase variable compensation for senior personnel while maintaining its 100% quarterly incentives for younger people, according to the Press Trust of India. In addition to yearly pay
In a statement released on October 10, Tata Consultancy Services stated that it intends to increase employment in the UK by 5,000 over the next three years through its ongoing investment and talent development initiatives. Reaffirming its long-term connection with the UK, India's largest IT services company
A $6 billion investment in artificial intelligence infrastructure has been launched by India's IT giant Tata Consultancy Services, marking a significant shift from its conventional services-led business model to the capital-intensive realm of AI data centres. This is one of the company's most ambitious investments to
As the Indian IT giant reduces people in response to changing customer demands and increasing automation, IT juggernaut Tata Consultancy Services (TCS) is providing severance compensation of up to two years' salary to long-serving employees whose skills no longer match corporate needs. In an effort to become more flexible
Tata Consultancy Services (TCS), the biggest IT business in India, announced its most recent round of pay increases on September 2. According to news agency PTI, the increases would range from 4.5% to 7% for the majority of its employees. Employees of the Tata Group company began receiving letters
TCS has announced a salary hike for approximately 80% of its employees, primarily from fresher to mid-level roles, starting September 1, 2025. This comes amid a challenging business climate and a planned layoff of around 12,000 senior staff.
This year, Capgemini India expects to hire between 40,000 and 45,000 people, despite mounting concerns about hiring in the information technology (IT) sector. Between 35 and 40% of these will be lateral hiring, CEO Ashwin Yardi told the Hindu Business Line. The number of projects being routed to
According to sources, the Labour Department sent a notice to the company after the Karnataka State IT/ITeS Employees Union (KITU) filed an industrial dispute case, following a controversy surrounding a layoff announcement and alleged forced resignations at IT major Tata Consultancy Services (TCS). Conciliatory Meeting Scheduled for August 6
Tata Consultancy Services, the biggest provider of IT services in India, announced on 27 July that it will cut 2% of its personnel in its 2026 fiscal year, mostly affecting middle and senior management. About 12,200 positions will be lost as a result of the company's retraining
The largest IT services provider in India, Tata Consultancy Services (TCS), has stated that it is still dedicated to onboarding all experts who have been offered positions, despite several reports that experienced hires in various cities have been facing extended delays in their joining dates. TCS can confirm that, as
Thousands of benched employees are facing uncertainty as the first 35-day cycle under Tata Consultancy Services' (TCS) new bench policy comes to a conclusion on July 17. Many of them are expressing their anxiety on social media. After the policy went into effect on June 12, employees run the
Tata Consultancy Services (TCS), the biggest IT company in India, has stated that raising wages for its more than 6 lakh employees is their "priority" goal. TCS' Chief Financial Officer (CFO) Samir Seksaria stated, "My priority is getting back to the wage hike," without giving
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In the dynamic global technology world, few leaders have made as profound an impact as Aarthi Subramanian, who recently became Indian IT’s first woman Chief Operating Officer (COO) of Tata Consultancy Services (TCS). In an industry still grappling with gender disparity at the top, Aarthi has broken barriers, not