Tata Consultancy Services deepens 20-year bond with Swiss major ABB with new AI network deal in a season of regular IT layoffs in India
Sensex tumbles over 831 points, BSE IT Index hits three-year low as Infosys down 8% and TCS slides 6%
Three individuals, including two senior TCS employees, have been booked for abetment to suicide in connection with the death of 48-year-old Amit Abhay Brahme
50,000 employees, one AI Deal, and a stark warning: TCS's Anthropic partnership reveals both the promise and the price of Enterprise AI
Some victims also alleged that she pressured them into praying, dressing changing dietary habits, and adopting religious symbols in accordance with Islamic traditions, according to the FIR
A preliminary review by IT giant Tata Consultancy Services (TCS) into allegations of religious conversion and sexual misconduct at its Nashik branch revealed no internal complaints had been received
A new photograph in the TCS case reveals alleged victim influence and religious conversion tactics used by accused Tusif Attar
A relative of an accused in the TCS Nashik sexual harassment and religious conversion case claims the case is "scripted," with alleged involvement of another religious organisation and a wider conspiracy
January 19 stock market performance update: Sensex down 672 points, Nifty down 200 points
TCS Q3 performance: a combination of lower-than-expected Q3 earnings, the financial impact of new labour codes, and a significant drop in headcount
While some urged him to give up his government job dreams and upskill in IT, others suggested he quit to work in a startup
IT industry is shifting from mass recruitment to a value-driven model, focusing on high-impact skills like AI, cloud, and cybersecurity
Dalal Street kicks off Samvat 2082 with morning rally and IT stock buying
Indian IT services companies may reduce their reliance on H-1B visa holders and increase local hiring in the US.
Union Government steps in as Tata Trusts face leadership crisis; Amit Shah, Nirmala Sitharaman meet Noel Tata, others
The company is also offering career assistance via outplacement services, which it will fund for 3 months (or more in the case of younger employees being let go)
This comes amid a larger IT job security crisis worldwide, with tech giants like Microsoft and Accenture trimming their workforces in favour of restructuring and AI integration
Sensex constituent Infosys saw its share jump after it announced its biggest-ever share buyback programme, rivaling TCS
India’s largest IT services company Tata Consultancy Services tells employees that it will roll out wage hikes for about 80 per cent of its workforce, covering mid to junior levels, effective September 1
Rather than training large pools of entry-level employees, companies are now ready to spend on fewer but better-qualified people, according to hiring experts
Jefferies warns of high attrition in TCS following the layoff debacle, while Nasscom posts an impersonal response; Tata Consultancy Services shares continue to tank, falling 25 per cent in six months
TCS has insisted that these layoffs are not just about AI efficiency gains, as their CEO K. Krithivasan has clarified that the layoffs also address roles where redeployment wasn’t feasible—even after extensive upskilling.
TCS CEO K Krithivasan stated that this difficult decision is influenced by the deployment of AI and the evolving ways of working
From healthcare to telecom and manufacturing, a hybrid model of AI-human intervention can go a long way in optimising workflow and decision making, says new report
As reports of layoffs by IT majors like Microsoft, IBM, and Intel paint a grim picture of the IT sector, Indian major Tata Consultancy Services is yet to greenlight salary hikes—already delayed since April 2025
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