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Results for "Tata Consultancy Services (TCS)"

44 stories found

TCS to Acquire Porsche's MHP Subsidiary for €320 Million
FinanceYahoomoneycontrolndtv4h 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.

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-asia2mo 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.

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.

Businessbudapest-times4mo 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 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.

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.