Tata Consultancy Services

May 30, 2023 01:09 PM IST

Confident that TCS' best years are ahead, outgoing CEO Rajesh Gopinathan says in his farewell note to employees

Rajesh Gopinathan will stay on till September to smooth over the transition for his successor, K Krithivasan, who takes over the mantle of CEO on June 1.

TCS partners with Google Cloud to offer customised AI solutions

TCS has over 50,000 associates trained in AI, with plans to earn 40,000 skill badges on Google Cloud Generative AI within the year, to support the anticipated demand for its new offering.

Analyst call tracker | IT stocks cement position in ‘Maximum Pessimism’ list after weak Q4 show; Adani shines on optimism score

While analysts are bearish on two-wheeler firms on rural uncertainty, they remain most optimistic on financial companies’ stocks

Markets take a breather after 8-day rally; all eyes on US Fed interest rate decision

Also, fall in index majors Reliance Industries, Tata Consultancy Services, Infosys and Larsen & Toubro added to the weak trend in equities. The 30-share BSE Sensex declined 161.41 points or 0.26 per cent to settle at 61,193.30. During the day, it tumbled 330.27 points or 0.53 per cent to 61,024.44.

Marks and Spencer extends partnership with TCS to transform core tech stack

In the next phase of the partnership, TCS will simplify M&S’ technology landscape and modernise its core business systems with a cloud-first and composable platform strategy.

TCS Consolidated March 2023 Net Sales at Rs 59,162.00 crore, up 16.94% Y-o-Y

TCS Standalone March 2023 Net Sales at Rs 49,780.00 crore, up 17.24% Y-o-Y

Net Sales at Rs 49,780.00 crore in March 2023 up 17.24% from Rs. 42,459.00 crore in March 2022.

Amazon named second-best workplace of India. The first is...

Tata Consultancy Services (TCS) has topped LinkedIn’s list of the 25 best companies in India. Here is a look at the 24 other organisations on the list.

What makes the Q4 flop show a bigger pain for Infosys than for TCS?

Infosys won deals worth $2.1 billion in the fourth quarter, lower than $3.3 billion in Q3. Meanwhile, TCS’ deal wins remained strong at $10 billion

Expect attrition to drop close to 12-13 percent by H2FY24 : TCS CHRO Milind Lakkad

TCS plans to hire around 40,000 freshers in FY23-24, and another 5,000-8,000 employees across its global offices.

Buy Tata Consultancy Services; target of Rs 3720: ICICI Direct

ICICI Direct is bullish on Tata Consultancy Services recommended buy rating on the stock with a target price of Rs 3720 in its research report dated April 13, 2023.

Buy Tata Consultancy Services; target of Rs 3817: KR Choksey

KR Choksey is bullish on Tata Consultancy Services has recommended buy rating on the stock with a target price of Rs 3817 in its research report dated April 13, 2023.

Buy Tata Consultancy Services; target of Rs 3860: Motilal Oswal

Motilal Oswal is bullish on Tata Consultancy Services recommended buy rating on the stock with a target price of Rs 3860 in its research report dated April 13, 2023.

Buy Tata Consultancy Services; target of Rs 3650: Sharekhan

Sharekhan is bullish on Tata Consultancy Services has recommended buy rating on the stock with a target price of Rs 3650 in its research report dated April 12, 2023.

Buy Tata Consultancy Services; target of Rs 3882: Religare Retail Research

Religare Retail Research is bullish on Tata Consultancy Services has recommended buy rating on the stock with a target price of Rs 3882 in its research report dated April 13 2023.

Gainers & Losers: 10 stocks that moved the most on April 13

As many as 1,873 shares advanced, 1,526 shares declined and 115 shares were unchanged as the benchmark indices ended flat in volatile trade

TCS Q4 profit up 14.8% YoY. What should investors do with stock?

TCS Q4 result | The company's consolidated revenue from operations came in at Rs 59,162 crore, up 16.9 percent, from Rs 50,591 crore in the year-ago quarter. Brokerages have a mixed view on on weaker-than-expected quarter for India's largest IT services company

TCS’ year-on-year constant currency revenue growth moderates to 13.7%

The IT services behemoth sees slowdown in revenue growth and operating margins amidst worsening macro environment and client sentiments.

TCS incoming CEO Krithivasan on reorg: No hurry to change, will make tweaks as required

"This structure was put in place after all the internal discussion so there is no rush to do anything,” CEO designate K Krithivasan told analysts.

'In my interactions with clients over last quarter, conversation starts and stops with ChatGPT’: TCS COO NG Subramaniam

Subramaniam said TCS will have a centre of excellence around generative AI

TCS rolls out 46,000 offers to freshers for FY24

Chief Human Resources Officer Milind Lakkad said that while there have been delays of 1-2 months in onboarding, the company has honoured all past offers.

TCS’ Rajesh Gopinathan says quarter weaker than expected; Q4FY23 TCV at $10 billion

Incoming CEO K Krithivasan, who heads the company’s BFSI vertical, said that sentiments were down in the sector as people rushed to save costs.

Incoming TCS CEO K Krithivasan to take over on June 1, 2023

Outgoing CEO Rajesh Gopinathan will stay on till September 15 to help with the transition.

TCS slashes hiring to 22,600 in FY23 from 1.03 lakh a year back

The net headcount addition in FY23 has seen a steep decline of 78 percent from FY22. The company had previously also attributed the decreased hiring in FY23 to increased hiring in the preceding fiscal.

All eyes on CEO successor in waiting, BFSI contagion as TCS kicks off earnings season

A poll by CNBC TV18 shows that overall growth for Q4 is expected to be less than in Q3 as uncertainty continues to prevail amidst a tough business environment. QoQ revenue growth estimates have varied from 0.1 percent to 1.7 percent.