Tag: TCS

TCS looks to quantum computing to solve complex ‘what if’ problems

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TCS looks to quantum computing to solve complex ‘what if’ problems

Harrick Vin, Chief Technology Officer, TCS | Photo Credit: Reuters Tata Consultancy Services (TCS) is exploring quantum computing to solve complex problems ranging from personalised cancer treatments and financial portfolio optimisation to molecule discovery and severe-weather prediction, as conventional computing architectures struggle to address such challenges at scale. Speaking at IBM’s Think 2026 event in…

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Business

TCS builds higher bench, increases subcontracting as it prepares for demand

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TCS builds higher bench, increases subcontracting as it prepares for demand

Tata Consultancy Services (TCS) has expanded its bench and stepped up subcontracting to prepare for an anticipated demand, hiring employees ahead of deployment as new business opportunities materialise. “As we build future capacity and navigate demand transitions, we have invested in a higher bench and increased hiring of subcontractors to meet near-term skills and delivery…

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Business

TCS Q2 net up 15% to ₹13,884 cr, AI revenue crosses $3 bn; board approves ₹12 dividend

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TCS Q2 net up 15% to ₹13,884 cr, AI revenue crosses bn; board approves ₹12 dividend

TCS’ total contract value stood at $9.6 billion during the quarter. | Photo Credit: Reuters Tata Consultancy Services (TCS) reported a 15% year-on-year (YoY) rise in consolidated net profit to ₹13,884 crore for the quarter ended September 30, 2026. Revenue for the quarter rose 11.2% YoY to ₹73,188 crore, while growing 1.3% sequentially. Net margin…

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Business

TCS to buyout Porsche’s MHP for €320 million EV in major automotive AI partnership

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TCS to buyout Porsche’s MHP for €320 million EV in major automotive AI partnership

K. Krithivasan, CEO & MD, TCS and Dr. Michael Leiters, CEO, Porsche AG at the MoU signing ceremony marking the partnership | Photo Credit: By Special Arrangement  Tata Consultancy Services (TCS) is planning to fully acquire MHP Management- und IT-Beratung GmbH (MHP), Porsche AG’s Germany-based management and IT consulting subsidiary, for an enterprise value of…

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Business

ATHLETICS | Kwizera blazes to TCS World 10K Bengaluru record

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ATHLETICS | Kwizera blazes to TCS World 10K Bengaluru record

TCS World 10k elite men’s winer Rodrigue Kwizera in Bengaluru on Sunday, 26 April, 2026. | Photo Credit: SUDHAKARA JAIN Rodrigue Kwizera blitzed through the field to set a new men’s event record at the TCS World 10K Bengaluru 2026 here on Sunday.  Kwizera stepped on the pedal in the final stretch to finish with…

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Sports

Market Capitalisation of nine of top-10 most valued firms jumps ₹2.89 lakh crore; Reliance biggest winner

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Market Capitalisation of nine of top-10 most valued firms jumps ₹2.89 lakh crore; Reliance biggest winner

The BSE Sensex recorded the best monthly gain in June by climbing 7.14%. The Sensex breached the historic 79,000 mark on June 27. | Photo Credit: Reuters Nine of the top-10 most valued firms together added ₹2,89,699.42 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer, in line with a…

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Business

Tata Sons Plans To Offload 23.4 Million Shares In TCS To Raise $1.1 Billion

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Tata Sons Plans To Offload 23.4 Million Shares In TCS To Raise .1 Billion

Tata Sons holds a 72.4% stake in TCS as of December 31. India’s Tata Sons, the holding arm of Tata Group, plans to sell shares in Tata Consultancy Services (TCS) worth up to 93.62 billion rupees ($1.13 billion) on Tuesday, a term sheet showed. Tata Sons plans to offload 23.4 million shares in the country’s…

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Nation

TCS Fires 16 Employees, Bars Six Vendors In Connection With “Recruitment Scam”

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TCS Fires 16 Employees, Bars Six Vendors In Connection With “Recruitment Scam”

Reports of a “recruitment scam” at TCS surfaced in June (Representational) Mumbai: India’s largest IT services company TCS on Sunday said it has fired 16 employees and barred six vendors in connection with a “recruitment scam”. “Our investigation found 19 employees to be involved… 16 employees have been separated from the company for code of…

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