No compromise of TCS systems in recent cyberattacks on clients, says COO
The most recent case was of another Tata Group company and UK’s biggest automotive firm Jaguar Land Rover in September.
TCS to invest $6-7 billion into building data centers; first revenues 18–24 months after start
TCS CEO K Krithivasan said the project, which is close to India’s overall data center capacity, will be developed in phases with funding structured as a mix of equity and debt.
TCS to launch a new entity to establish multiple AI and Sovereign Data Centers in India
TCS said that the new business entity is working on building world class AI infrastructure that includes 1 GW capacity AI datacenter in India.
TCS headcount falls over 19,700 in Q2FY26 amid restructuring, layoffs
Headcount was down even in a quarter when attrition fell to 13.3 percent, from the previous quarter’s 13.8 percent.
Chart of the Day | AI poses growth challenges for IT services sector
Clients are yet to realise returns on the capital spends incurred on IT so far, in the post-Covid digitization trend
Muted revenues, margin pressure, visa impact: Five key factors to watch out for in Q2FY26 IT earnings
Brokerages are unanimous that India’s information technology (IT) services sector will deliver another muted quarter, with revenue growth largely flat and client spending still subdued.
Layoffs impact, visa fee, muted demand: TCS Q2 earnings key factors to watch out for
Analysts expect an overall stronger growth recovery in H2FY26 for IT firms compared to H1FY26, driven by a more stable environment, deal ramp ups, improved utilisation and better project execution.
Labour Standing Committee member urges labour, IT ministers to act on TCS layoffs
Singh suggested the actual figure appears much higher, characterising this as part of a wider trend where profit is prioritised at the cost of workers' livelihoods.
TCS offers up to 2 years’ severance pay amid workforce restructuring
Employees who have been unallocated or “on the bench” for over eight months without finding a suitable role are offered a simpler package, consisting of notice period pay equivalent to three months.
Capgemini names Sanjay Chalke India CEO as Ashwin Yardi retires
Ashwin Yardi, who has led Capgemini in India for seven years, will retire from executive duties at the end of December.
Demand for AI talent surges across India’s GCCs, up to 3,500 roles open
The sharp rise in hiring comes as global firms increasingly turn to India to bridge the AI talent gap.
ZEISS turns to Gen AI for revenue forecasts, with India GCC at the core
Dhaval Radia, CFO of ZEISS India, said back-testing of three years of data revealed striking improvements.
TCS CHRO Milind Lakkad retires, Sudeep Kunnumal announced as replacement
Sudeep Kunnumal - Chief Human Resources Officer Designate, will take charge as the Chief Human Resources Officer of the Company from October 1, 2025.
TCS layoffs leave employees facing uncertainty and anxiety
TCS told Moneycontrol that speculations around a higher number of layoffs are incorrect and misleading, adding that the impact is limited to 2% of its workforce.
Why Jaguar Land Rover cyberattack puts Tata Consultancy Services under renewed scrutiny
The JLR hack will be the third such massive cyberattack among TCS’ customers. Previously, Marks & Spencer and the Co-op,two of TCS' British customers had suffered attacks this year
Accenture sees 'opportunity' in H-1B visa changes, impact limited to only 5% of US workforce
CEO Julie Sweet said every time there’s a big policy change, unfolded over decades, it has usually driven more business for the company.
Accenture’s Gen AI bookings jump to $1.8 bn in Q4, touch $5.9 bn for FY25
Since it began separately disclosing Gen AI numbers in FY24, the company has accumulated more than $7 billion in bookings from the nascent technology.
Beyond the Hype: AI's massive investment spree masks growing unemployment crisis
The AI universe has engulfed industries and economies that are committing huge spends even as it has sparked fears of job losses
After visa fee hike, Trump's wage-based H-1B plan threatens to push Indian IT further offshore
Experts warn the proposal could disproportionately impact Indian IT firms and accelerate offshoring of tech jobs.
IPO-bound Groww leans on wealthier clients, diversification to offset derivatives slowdown
As per AMFI data, 6 million new SIPs were created in India in June 2025, while Groww created 2 million new SIPs during the period, implying that around 33 percent of all new SIPs were created on the company’s platform.
Only 3-5% of Indian IT workforce is on H-1B; companies don’t expect significant impact of new visa fee
Meanwhile, the H-1B setback weighed on listed shares of Indian large and midcap IT companies on September 22. Most fell between 2-5 percent to take the Nifty IT index down by up to 3 percent in early trade.
Analysts see limited impact on Indian IT as White House eases concern on H-1B fee hike
This calms the nerves of those expecting a massive hit for Indian IT firms, particularly in terms of margins and other business parameters.
H-1B fee hike unlikely to impact Indian IT as top firms reduce dependency
Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, and Tech Mahindra now have between 20 percent and less than 50 percent dependency on H-1B visas to deploy workforce in North America.
$100,000 H-1B visa fee alarms Indian IT sector, immigration lawyers expected to mount legal challenge to Trump's Executive Order
Immigration lawyers are advising impacted professionals to “wait and watch”, because the next step is going to be a litigation against Trump’s move
