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The Latest Breaking News from TCS

Mcap of six of top-10 most valued firms tumble Rs 2 lakh crore; TCS, Infosys biggest laggards

NEW DELHI: Six of the top-10 most valued firms suffered a combined erosion of Rs 2,00,280.75 crore from market valuation last week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the biggest hit, amid weak trend in equities.

The Times of India

Former Tata Sons Chairman Cyrus Mistry dies in car crash

Mistry, 54, who died on Sunday, was sacked from Tata Sons, the holding company of the $300bn conglomerate, in 2016.

Al Jazeera

Future belongs to mechanical, electrical engg. wings, says TCS V-P

‘TCS is launching many projects keeping the two branches of engineering in mind’

The Hindu

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'There will be blood on streets': Why Big Tech companies are laying off staff

NEW DELHI: After years of rapid expansion, a trend of freeze in hiring and layoffs has been observed among startups and major tech companies. So far, around 150 US-based companies have laid off over 37,000 people in 2022. Most layoffs were reported in June with 75 US-based tech companies laying…

The Times of India

Kolkata: A kit that can send out Covid detection signal

KOLKATA: A team of city-based researchers has come up with a system that could be used as an early-warning device to determine the likelihood of a person contracting a communicable disease.

The Times of India

Patients with headaches told to use 'chatbot' before appointments

Some outpatients at The Walton Centre have been told they will need to chat to a chatbot before seeing a specialist

Liverpool Echo

How TCS boosts motorsport with IT into Super Formula’s next era

In the final installment of the Tata Consultancy Services (TCS) series introducing the companies behind motorsport, we look at the partnership between TCS, a Tata Group company and a core part of India's giant conglomerate, and Nakajima Racing – its current activities and where it is going from here.

Motorsport

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HCL Technologies revenue rises by 15.6% in June quarter

BENGALURU: HCL Technologies’ revenue grew 2.7% sequentially in the June quarter, and 15.6% year-on-year in constant currency. In dollar terms, revenue was up 11.2% year-on-year to $3 billion. Its larger Indian peer TCS, which announced its results last week, grew its constant currency revenue 3.5% sequentially, and 15.5% year-on-year.

The Times of India

TCS reports 5.21% rise in Q1 net profit

NEW DELHI: India's largest software services firm Tata Consultancy Services (TCS) on Friday reported 5.21 per cent rise in its consolidated net profit for the first quarter (Q1) ended June 30.

The Times of India

Citigroup Negotiating With Local Bidders For Its Russian Operations: FT

Citigroup Inc (NYSE:C) is in talks with local buyers in Russia over a potential sale of its operations in the country, the Financial Times reported, citing people familiar with the matter. The bank is in negotiations with privately-owned Russian companies, including Expobank and insurance company Reso-Garantia for the divestiture, the report said.…

Benzinga

Work on TCS IT digital hub begins today

Centre at Pallippuram expected to provide jobs to 20,000 people

The Hindu

Edinburgh pension company Standard Life slashes jobs as roles outsourced to India

The announcement that dozens of Edinburgh jobs would be outsourced to Standard Life's digital partner, TCS and Diligenta came on Tuesday as part of the companies plans to modernise and future proof their digital infrastructure

Edinburgh Live

5G captive networks: Telcos threaten boycott over nod to Big Tech

NEW DELHI: Even before the bids are called, 5G auctions are fast turning out to be a turf battle between the well-heeled telecom operators such as Reliance Jio, Airtel and Vodafone Idea and the new-age Big Tech such as Google, Amazon, TCS and Cisco as the two sides fight over…

The Times of India

How motorsport sponsor TCS entered the Japanese market

TCS entered the Japanese market in 1986 and in 2014 established a Japanese subsidiary, Tata Consultancy Services Japan Limited (Japan TCS), with Mitsubishi Corporation as its partner, and began full-fledged business in Japan.

Motorsport

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The Times of India

IIT-Delhi student becomes ‘world's top coder’, cracks biggest coding contest, wins $10,000

DEHRADUN: Kalash Gupta, a third-year computer science student at IIT Delhi got the coveted 'World's Best Coder' title along with a prize money of $10,000 by emerging on the top of the list of over 1 lakh coders from 87 countries who participated in the tenth season of Code Vita,…

Motorsport

How TCS brings the winds of innovation to the world of motorsport

Tata Consultancy Services have supported Nakajima Racing's activities in Japan’s top racing category Super Formula since 2017.

The Hindu

Winds of change blow across tribal areas in Palnadu

Unemployed youth trained as vidya volunteers work in primary schools, TCS and Synchronium offer financial support, Vignan University offers logistical support

Benzinga

Container Store Stock Soars After Hours On Q4 Earnings Beat, Long-Term Outlook

Container Store Group Inc (NYSE:TCS) reported a fourth-quarter net sales decline of 2.9% year-over-year to $305.55 million, beating the consensus of $279.82 million.

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Birmingham Post

Performance nutrition firm Science in Sport signs three-year deal with New York City Marathon

The company has also partnered with New York Road Runners, the organisation which produces the annual event

The Times of India

World champions Edris and Obiri to headline TCS World 10k

BENGALURU: Reigning 5000m world champions Ethiopia's Muktar Edris and Kenyan Hellen Obiri will be the star attractions at the TCS World 10K, which returns after a three-year hiatus here on May 15.

Newslaundry

Lack of funds, transparency and red tape: How PESA's mandate is violated in Maharashtra

Caught in the tangle of logistics and various government processes, rural Maharashtra continues to face difficulty accessing funds administered under the provisions of the Panchayats Extension to Scheduled Areas Act (PESA). Although PESA came into force in December 1996, Maharashtra enacted the PESA rules only in 2014. Its implementation on…

The Times of India

TCS CEO vows to navigate tech giant through global tumult

NEW DELHI: Tata Consultancy Services’ (TCS) chief executive officer says the company can navigate its way through any immediate disruptions to the global economy and tap into long-term demand for its services as its seeks to reach $50 billion in sales by the end of the decade.

The Hindu

BSNL to launch 4G trial run in four districts

At Thiruvananthapuram, Ernakulam, Kozhikode and Kannur

The Times of India

Sensex crashes 1,172 points; Nifty settles at 17,174: Top reasons for today's fall

NEW DELHI: Equity indices plunged on Monday with the benchmark BSE sensex falling over points dragged by IT and banking stocks.

The Times of India

HDFC chairman Deepak Parekh calls on finance minister

NEW DELHI: HDFC Ltd chairman Deepak Parekh on Monday called on finance minister Nirmala Sitharaman amid the proposal of a merger of the mortgage firm with its banking subsidiary HDFC Bank.

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