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2 mins read

Clients will try to conserve cash if they see difficult times ahead: TCS CEO

After posting its first sequential revenue drop in four years in the second quarter, TCS’ CEO paint…

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1 min read

Xerox signs deal with TCS to transform its IT technology using Cloud, GenAI

Tata Consultancy Services (TCS) has expanded its partnership with Xerox to fast track the evolution…

ANI   


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TCS Q1 results 2024: Contract values, net profits take a hit as PAT, employee count sees hike

On expected lines, the IT giant's net profit is down by 3.2% on a quarter-on-quarter (QoQ) basis, …

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3 mins read

Client meetings 'start and stop with ChatGPT' says India's largest IT company

ChatGPT and artificial intelligence in general, will play a significant role in shaping the way IT …

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3 mins read

Worsening client profitability to impact IT demand says Jefferies

The decline in revenue in the IT sector during the fourth quarter was primarily attributed to a dec…

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2 mins read

TCS expects the BFSI needle to start moving this quarter

India’s largest IT company TCS says little has changed in terms of client sentiments on ground, as …

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3 mins read

TCS to kick off Q3 earnings with street glued to strategy and deal commentary

IT bellwether, TCS, will kick off the Q3FY24 earnings season on Thursday evening and is expected to…

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3 mins read

TCS says no footprint of recession in the near-term, but deal sizes are shrinking

TCS did not win any billion dollar deal in the June quarter, with new deal wins down to $8.2 billio…

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1 min read

TCS shares drop over 1.5% after US Dollar revenue declines in Q2

Shares of Tata Consultancy Services (TCS) fell more than 1.5% on Thursday, a day after the company …

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3 mins read

TCS revenue falls QoQ for the first time in 4 years; announces ₹17,000 crore buyback

TCS disappointed the street as it reported a 0.2% sequential fall in second quarter dollar revenues…

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3 mins read

Street unaffected by Infy’s guidance cut; lack of bad news charges up tech stocks

Five top tech stocks – Infosys, TCS, Wipro, LTI Mindtree and TechMahindra were the lead gainers on …

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2 mins read

TCS wants employees back to office to teach them what can’t be taught

Within two years of coming up with a 25/25 plan to have only 25% of its workforce in the offices, t…

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Unlike TCS, Infosys wants to remain flexible on WFH

Unlike TCS which wants its employees back to office, Infosys said on Thursday that it wants to rema…

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Demand softness a challenge in the near term but don’t see major cancellations: TCS CEO

The CEO of TCS K Krithivasan said on Wednesday that the demand for IT services to remain ‘soft’ in …

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4 mins read

Tata Technologies IPO to open on November 22, price band fixed at ₹475-500

Tata Technologies’ ₹3,042 crore initial public offer (IPO) will open for subscription on November 2…

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3 mins read

Beyond just chats: Indian tech majors start bagging deals in GenAI space

Less than a year after ChatGPT was launched, Indian tech majors have started bagging generative AI …

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5 mins read

Brokerages not rattled by big 3 IT players' tepid Q2 performance

The Indian IT sector has kicked off the Q2 earnings season on a somber note. The Big 3 tech compani…

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6 mins read

Earnings preview: Q2 to be another washout quarter for IT sector, market to focus on execution

Little has changed for the Indian IT sector in the last three months. The second quarter earnings a…

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6 mins read

TCS retains No 1 spot as India’s top brand but tech sector takes a hit

The combined value of Kantar BrandZ’s top-75 Indian brands shed 4% of their value to $379 billion i…

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4 mins read

TCS flags pain in US markets, says banking sector crisis has led to cuts in discretionary spending

Indian IT bellwether Tata Consultancy Services (TCS) struck a note of caution and flagged concerns …