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The Latest Breaking News from TCS

Nifty breakout isn’t convincing yet; a move above 24,600 could unlock record high: Anand James

Nifty’s Friday rebound has broken its recent range, but a sustained uptrend is yet to be confirmed. Geojit’s Anand James sees 24,400 as near-term resistance and flags India Cements and Bharat Forge as top trading picks.

The Economic Times

M-cap of five of top 10 most valued firms jumps Rs 1.54 lakh cr; TCS biggest winner

Last week marked a significant uplift in the market valuation of five of the top 10 firms, appreciating by Rs 1.54 lakh crore. Tata Consultancy Services claimed the spotlight, boosting its valuation by Rs 72,072.3 crore. ICICI Bank and Reliance Industries also experienced notable increases. However, the tide turned for…

The Economic Times

2 reasons why Infosys, TCS and other IT stocks are rising today

Indian IT stocks saw gains on Friday, led by Tech Mahindra's better-than-expected first quarter results. Infosys and HCL Tech also advanced, with HCL Tech securing a significant seven-year deal. Wipro shares declined more than three percent after reporting weak first-quarter performance. Brokerages offered positive outlooks for Tech Mahindra, increasing target…

The Economic Times

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Sensex rises 130 points, Nifty closes above 24,050; market erases most of intraday gains

Indian stock markets closed higher on Wednesday with marginal gains. The Iran-US conflict escalated, impacting global oil prices significantly. Investors face uncertainty due to geopolitical tensions and domestic economic factors. Rising inflation and monsoon deficiency pose challenges for the Indian economy. Experts advise remaining invested in fairly valued growth sector…

The Economic Times

TCS, Infosys, Wipro & other IT stocks fall more than 2%. Here's why

Indian IT stocks such as TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Persistent Systems and Coforge declined up to 2.5% after IBM plunged 25% in its steepest-ever one-day fall on weak preliminary quarterly results. The negative sentiment spilled over to US-listed Indian IT firms, with Infosys and Wipro ADRs falling up…

The Economic Times

Indian techie loses H-1B visa lawsuit; remains away from family for 18 months

An Indian software engineer lost his US visa lawsuit after 18 months. Navdeep Sharma's legal challenge against government officials was dismissed by a US court. The court found the visa processing delay was not legally unreasonable. Sharma could not sue most named government departments and officials. He remains separated from…

The Economic Times

TCS’ annualised AI revenue rises to $2.6 billion in Q1

The AI momentum came as TCS posted a 5% year-on-year rise in consolidated net profit to Rs 13,349 crore for the quarter ended June 30, while revenue increased 13.9% to Rs 72,275 crore. The company’s board has declared an interim dividend of Rs 12 per share.

The Economic Times

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TCS dividend alert! Last day to buy IT bellwether's shares for interim dividend worth Rs 12. Do you own?

Only those shareholders who own TCS shares in their demat accounts as of Wednesday will be eligible to receive the bonus shares. Under the market regulator SEBI's T+1 settlement cycle, investors must buy shares of a company at least one trading day before the record date so that they are…

The Economic Times

H-1B techie, stuck in India for 18 months, sues officials for delay in visa; court dismisses, says it's not unreasonable

An Indian techie, separated from his wife and children for over 18 months because of the visa refusals he's facing in India, has sued several US officials but a district court dismissed his lawsuit and said the court understood the situation with sympathy; it will dismiss the case as the…

The Times of India

TCS shares rally 8% in 2 days. Time to buy after sharp 32% crash in 2026? Here’s what technical charts indicate

TCS shares have surged 8% over the past two sessions after the IT major reported strong Q1 earnings and announced a multi-million-dollar AI-led network transformation deal with ABB. While technical indicators point to improving momentum, analysts remain divided on whether the recent rally marks the beginning of a sustained trend…

The Economic Times

TCS, HCL Tech, Infosys, other IT stocks rally up to 6%, Nifty IT surges 4%. Here's why

IT stocks led by TCS, HCL Technologies and Infosys rallied sharply on Monday, lifting the Nifty IT index nearly 4% despite weakness in the broader market. The sectoral index climbed to a more-than one-month high and has gained around 6% over the past two sessions.

The Economic Times

TCS shares rally 6% after multi-million ABB AI deal, Q1 earnings. What’s next?

Tata Consultancy Services shares climbed significantly after announcing a major AI deal. This new multi-year agreement with ABB aims to transform global network operations. The company also reported better-than-expected first-quarter earnings for the financial year. TCS posted strong revenue growth and a substantial contract value for the period. These positive…

The Economic Times

TCS CEO on Q1 performance; B Capital on India’s IPO market

Happy Monday! TCS top deck told us that the coming quarters will see macroeconomic pressures ease and AI deals swell. This and more in today’s ETtech Morning Dispatch.

The Economic Times

Tata Consultancy Services plans up to 8,900 AI deployment engineers, seeks AI acquisitions

Tata Consultancy Services is building a large team of forward-deployed engineers. The company is also actively seeking artificial intelligence acquisitions. This strategy aims to create new business opportunities rather than disrupt outsourcing. TCS believes deep client knowledge is key to integrating and deploying AI systems. The firm is investing significantly…

The Economic Times

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The Economic Times

Ahead of Market: 10 things that will decide stock market action on Monday

The Sensex and Nifty surged over 1% on Friday, supported by TCS earnings, easing volatility and positive global cues. Investors will now track Q1 earnings, technical levels and global developments for further market direction.

The Economic Times

Mcap of 4 of top-10 most valued firms jumps Rs 92,995 cr; HDFC Bank, Airtel top gainers

Last week, four major firms experienced a significant market valuation increase of over Rs 92,000 crore, with HDFC Bank and Bharti Airtel leading the charge. Despite benchmark indices Sensex and Nifty dipping slightly and breaking their winning streak due to geopolitical tensions and escalating crude oil prices, the markets managed…

The Economic Times

Dividends and stock splits: TCS, Dabur, MRF among nearly 100 stocks turning ex-date this week. Do you own any?

Nearly 100 stocks, including TCS, MRF and Dabur, will turn ex-date for dividends, stock splits and rights issues during the July 13–17 week. Investors must hold shares by record dates to qualify, with several high dividend payouts and multiple corporate actions lined up across sectors through the busy trading week…

The Economic Times

F&O Talk: Mid, smallcaps to continue outperformance as Q1 begins, says Sudeep Shah; outlines Kalyan Jewellers, TCS strategy

Indian stock markets saw significant gains on Friday, with Sensex and Nifty rising over one percent. Strong earnings from TCS and positive global sentiment boosted investor confidence. The Nifty IT index showed a sharp rally after TCS's earnings announcement. Broader market indices like Nifty Midcap and Smallcap outperformed frontline indices.…

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The Economic Times

Market wrap: Top gainers and losers on Nifty and Sensex today

Sensex climbed 828 points and Nifty gained 244 points, extending their winning streak as TCS earnings, positive global cues and banking optimism lifted sentiment. The rally added nearly Rs 6 lakh crore to BSE market capitalisation, with IT, financials and metals leading gains.

The Economic Times

Why TCS employee addition just hit 4-year high amid AI job loss fears

TCS added 9,279 employees in Q1FY27, marking its strongest quarterly hiring in four years amid growing concerns over AI-led job cuts. The IT major said AI will reshape roles rather than eliminate jobs, while investments in talent, AI services and digital capabilities signal confidence in future demand and growth.

The Economic Times

TCS Q1 results after party: Infosys, Wipro, other IT stocks jump up to 4%. Why are analysts bullish despite AI worries?

IT stocks including Infosys, Wipro, HCL Tech and Tech Mahindra rose sharply after TCS delivered a better-than-expected Q1 performance. Brokerages turned optimistic, citing resilient margins, improving demand outlook, attractive valuations and growing AI-led opportunities, despite lingering concerns over discretionary spending and macroeconomic uncertainty.

The Economic Times

Rs 6 lakh crore wealth boost! Sensex rallies 828 points, Nifty closes above 24,200. 5 key factors behind D-Street rally

Indian stock markets experienced significant gains on Friday, with major indices closing higher. TCS reported strong first-quarter earnings, boosting sentiment across the information technology sector. Positive global market trends and resilient investor sentiment also contributed to the upward movement. Broader markets and various sectoral indices, including PSU banks and realty,…

The Economic Times

TCS shares jump over 3% after Q1 results. What are Morgan Stanley, Citi and other brokerages saying?

TCS shares climbed 3.5% after the IT major reported a 5% year-on-year rise in Q1FY27 net profit to Rs 13,349 crore and a 14% increase in revenue. While most brokerages retained their ratings, views remained mixed on the outlook, with optimism over AI-led growth offset by concerns around weak discretionary…

The Economic Times

Stocks in news: TCS, Groww, Shriram Finance, Dixon Tech, Anand Rathi Wealth

Indian markets saw a rebound on Thursday, recovering from Wednesday's sharp sell-off. TCS reported a 5% year-on-year profit growth, and Groww affirmed its direct mutual fund strategy. Shriram Finance is raising funds to reduce borrowing costs after a rating upgrade. Maruti Suzuki plans to add service points, and Dixon Tech…

The Economic Times

TCS CEO K Krithivasan says AI will not reduce white-collar jobs

Krithivasan's comments followed the announcement of TCS' Q1 earnings. In the first quarter of FY27, India’s largest software services firm posted a 4.6% on-year growth in net profit at Rs 13,349 crore. Revenue rose 13.9% year-on-year to Rs 72,275 crore.

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