TCS News Today

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TCS

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TCS partners with Sydney Marathon in a Five-Year deal

TCS signed the partnership to enhance the marathon’s use of advanced technologies, sustainability efforts, accessibility improvements, and charitable impact across Indigenous Australia.

  • 02 Jul, 2024 |
  • 4:28 PM
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TCS gets IT services contract from Xerox

TCS plans to consolidate Xerox's technology services to improve business outcomes, migrate complex legacy data centres to the Azure public cloud.

  • 21 Jun, 2024 |
  • 11:47 AM
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TCS launches AI services platform

TCS stated that the platform helps customers leverage GenAI to unlock data potential, drive innovation, improve efficiency, and gain a competitive edge

  • 10 Jun, 2024 |
  • 11:50 AM
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TCS and AWS enter into cloud & AI partnership

AWS will support upskilling and reskilling of 25,000 TCS employees in cloud and GenAI skills.

  • 25 Apr, 2024 |
  • 12:07 PM
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TCS links variable pay distribution with in-office attendance

Only employees with office compliance levels more than 85% will get the entire variable pay for the quarter.

  • 23 Apr, 2024 |
  • 1:00 PM
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TCS Unveils New Delivery Center in Brazil, Plans to Create 1,600 Jobs

Consolidating the city's workforce under one roof, the centralised campus aims to foster collaboration and innovation in Londrina, where TCS has been present since 2018 with around 1,700 employees.

  • 16 Apr, 2024 |
  • 2:40 PM
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Q4FY24 Review: TCS: Strong deals but no uptick in near term growth

TCS’ commentary reaffirms analysts of IIFL Securities view of only gradual recovery in revenue growth as project completions and lack of new ramp ups beyond large deals weigh on growth. Analysts of IIFL Securities largely maintain their EPS/TP, pegged at 25x 2YF EPS, and forecast 8%/12% USD revenue/EPS Cagr over FY24-26. Maintain ADD.

  • 15 Apr, 2024 |
  • 11:26 AM
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TCS logs 9% y-o-y growth in Q4 net profit at ₹12,434 Crore

During the fourth quarter, operating margins increased 150 basis points to 26%, while net margins climbed 100 basis points to 20.3%.

  • 15 Apr, 2024 |
  • 11:24 AM
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TCS Boosts Hiring with 10,000+ Freshers Amid Demand Hopes

TCS had aimed to recruit 40,000 freshers in FY24, following a decrease in net employee addition in FY23 compared to the previous fiscal year.

  • 12 Apr, 2024 |
  • 1:09 PM
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Q4FY24 Preview: Tata Consultancy Services: Revenues seen at ₹623,248 Million, PAT at ₹121,952 Millio...

BSNL combined with reversal of furloughs to drive sequential growth.

  • 10 Apr, 2024 |
  • 9:57 AM