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Results for "Tata Consultancy Services"

62 stories found

Technologyqatar-tribune9d ago

Porsche and TCS Finalize $1.5 Billion AI Partnership

Porsche and Tata Consultancy Services have agreed to a $1.5 billion collaboration focused on integrating artificial intelligence into automotive operations. The deal will leverage TCS’s digital expertise to accelerate Porsche’s vehicle development and software innovation.

Tata Consultancy Services Plans Major AI Expansion and Acquisitions
BusinessYahooindian-expresschannel-news-asia+1express-tribune1mo ago4 sources

Tata Consultancy Services Plans Major AI Expansion and Acquisitions

India's Tata Consultancy Services (TCS) announced plans to hire up to 8,900 AI deployment engineers and is actively seeking AI acquisitions, signifying a significant investment in artificial intelligence capabilities by the company.

Indian IT Stocks Plunge Amid AI Disruption Fears
Businesschannel-news-asia3mo ago

Indian IT Stocks Plunge Amid AI Disruption Fears

Indian IT stocks experienced their worst day in four months, with Tata Consultancy Services (TCS) shares plummeting 9%. This significant drop is attributed to growing concerns over the potential disruption of the artificial intelligence sector.

Indian Equity Markets Suffer Significant Downturn
FinanceTimes of India4mo ago

Indian Equity Markets Suffer Significant Downturn

Indian equity markets experienced a substantial decline, with the top ten most-valued firms losing over Rs 2 lakh crore. Tata Consultancy Services and Reliance Industries bore the brunt of this decline, influenced by geopolitical tensions.

TCS Employee Alleges Sexual Harassment at Nashik BPO
Businesshindustan-timesndtv4mo ago2 sources

TCS Employee Alleges Sexual Harassment at Nashik BPO

A female employee of Tata Consultancy Services (TCS) has come forward with allegations of sexual harassment and an ordeal she faced at a Nashik BPO. She detailed instances of inappropriate touching and questioning about her personal life.

TCS Reports Significant Headcount Reduction
TechnologyTimes of India4mo ago

TCS Reports Significant Headcount Reduction

Tata Consultancy Services (TCS) has reported a headcount reduction of over 23,000 employees. The company's HR head stated that this decline cannot be attributed to restructuring efforts.

TCS-OpenAI Strategic Alliance: Tata Group IT major to build 100MW AI facility
TechnologyReutersbloombergTimes of India+1seeking-alpha6mo ago4 sources

TCS-OpenAI Strategic Alliance: Tata Group IT major to build 100MW AI facility

Tata Consultancy Services has partnered with OpenAI to build AI infrastructure in India, aiming to enhance productivity and innovation. The collaboration will leverage OpenAI's enterprise ChatGPT and Codex tools, with TCS developing AI-ready, green energy-powered data centers. This strategic alliance seeks to position India as a global AI hub and empower its youth for the AI era.

TCS Chairman Predicts AI Agents to Match Physical Workforce
Businessindian-expressndtv2mo ago2 sources

TCS Chairman Predicts AI Agents to Match Physical Workforce

N Chandrasekaran, Chairman of Tata Consultancy Services (TCS), stated that the company expects to have half a million AI agents, matching its physical workforce, in the near future. This projection raises questions about the potential impact of AI on the company's human workforce.

Maharashtra Deputy CM Seeks Central Probe in TCS Sexual Harassment Case
Politicsndtv4mo ago

Maharashtra Deputy CM Seeks Central Probe in TCS Sexual Harassment Case

Maharashtra Deputy Chief Minister Devendra Fadnavis has called for a central agency probe into a sexual harassment case at Tata Consultancy Services in Nashik. The case involves allegations against an HR official who reportedly advised a woman not to report the harassment, while the accused's family claims a conspiracy.

Businessbudapest-times5mo ago

TCS Celebrates 25 Years in Hungary

Tata Consultancy Services (TCS) is celebrating its 25th anniversary of operations in Hungary, marking a significant milestone for the company in the region.

TCS Announces $7.4 Billion Investment for AI Data Center Campus in India
TechnologyReutersbloombergmoneycontrol+2channel-news-asiastar-malaysia1d ago5 sources

TCS Announces $7.4 Billion Investment for AI Data Center Campus in India

Indian technology giant Tata Consultancy Services has announced plans to invest up to $7.4 billion to construct a one-gigawatt AI data center campus in Hyderabad. The facility aims to support expanding artificial intelligence workloads and digital infrastructure demands in the region.

TCS to Acquire Porsche's MHP Subsidiary for €320 Million
FinanceYahoomoneycontrolndtv12d ago3 sources

TCS to Acquire Porsche's MHP Subsidiary for €320 Million

Tata Consultancy Services (TCS) is set to acquire Porsche's IT consulting arm, MHP, for 320 million euros ($373 million). Following the announcement, TCS stock experienced a decline, with brokerages expressing bearish outlooks and flagging integration risks.