TCS is charting its next phase of growth. Industry experts expect more acquisitions, new businesses and geographical expansion from the country’s largest software exporter.
This will be the IT services giant's second acquisition in less than three months. In October, TCS said it was acquiring US-based ListEngage MidCo for $72.8 million
Nifty IT is trading around 1.5 percent higher, after closing more than 1 percent higher on Wednesday.
According to ICRA data, IT-BPM sector had record office leasing between FY25 and H1FY26; TCS accounted for the highest office leasing across Bengaluru, Chennai and Hyderabad.
TCS has been summoned by the Pune Labour Commissioner after several employees alleged unfair and unlawful layoffs, including forced resignations and sudden terminations. The labour department is now investigating the claims, marking a major development in the ongoing TCS layoffs controversy.
Over the past several months, NITES had appealed to CM Devendra Fadnavis, alleging TCS of illegally laying off nearly 2,500 mid to senior level employees in Pune.
Among Tier-I IT firms, HCLTech had the highest billable revenue per employee at $17,822 in Q2, growing 5.2 per cent YoY, according to estimates by UnearthInsight.
Beyond tightening H-1B visa rules, demand uncertainties are also driving IT firms to focus on short-term contractors rather than hiring full-time employees.
Since 2014, TCS has worked with Morrisons to support growth and modernisation across the grocer’s various business segments.
HyperVault has been incorporated to establish multiple AI and Sovereign Data Centers for providing Infrastructure and Technology enabled Services, says TCS
The top five Indian IT companies have also reported steady fresher hiring numbers for H2.
The company’s last twelve-month (LTM) attrition has inched up to 12.8 percent, from 12.6 percent in the previous quarter.
TCS has been the top beneficiary of the work visa programme among Indian IT services firm. As of September, TCS was allocated around 5,505 visas
The London studio is TCS’ second after the company opened a studio in New York in September.
Motilal Oswal is bullish on TCS recommended buy rating on the stock with a target price of Rs 3500 in its research report dated October 09, 2025.
TCS HR chief Sudeep Kunnumal denies reports of 80,000 layoffs, clarifying that only 1% of the workforce was released as part of a restructuring exercise.
There could be relief rally, but the IT major is unlikely to come out of its sluggish growth phase in a hurry
TCS shares will be in focus after the IT major posted a modest 1.4 percent profit rise for Q2, booked restructuring costs tied to layoffs, and unveiled a new AI and data centre venture.
The most recent case was of another Tata Group company and UK’s biggest automotive firm Jaguar Land Rover in September.
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.
New Delhi, Oct 9 India's largest IT services company TCS on Thursday said it has "released" one per cent or 6,000 people from workforce as part of a re..
Headcount was down even in a quarter when attrition fell to 13.3 percent, from the previous quarter’s 13.8 percent.
TCS Q2 Earnings Live: Margin, Revenue Beat Street Estimates,