Tcs

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.

Labour commissioner of Pune summons TCS over layoff complaints by NITES

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.

Persistent Systems, Mphasis outperform Tier-I IT peers in billable revenue per employee

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.

H-1B visa curbs lift subcontracting costs for Indian IT firms; Infosys sees steepest rise

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.

TCS extends partnership with British supermarket chain Morrisons to boost digital transformation

Since 2014, TCS has worked with Morrisons to support growth and modernisation across the grocer’s various business segments.

TCS incorporates HyperVault Data Center as wholly-owned subsidiary

HyperVault has been incorporated to establish multiple AI and Sovereign Data Centers for providing Infrastructure and Technology enabled Services, says TCS

Top 5 Indian IT firms see 79% drop in H1 hiring as TCS faces loss of over 19,700 employees

The top five Indian IT companies have also reported steady fresher hiring numbers for H2.

Tech Mahindra overall add 4,197 employees in Q2, IT headcount plunges by 1,459 QoQ

The company’s last twelve-month (LTM) attrition has inched up to 12.8 percent, from 12.6 percent in the previous quarter.

TCS says only 500 workers on new H-1B visas as it moves to reduce US dependency

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

TCS to create 5,000 new jobs in UK, opens AI experience and design studio in London

The London studio is TCS’ second after the company opened a studio in New York in September.

Buy TCS; target of Rs 3500: Motilal Oswal

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 head denies reports of 80,000 layoffs, says only 1% of staff released in restructuring

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.

TCS Q2 FY26 – What does the pivot to AI mean for investors?

There could be relief rally, but the IT major is unlikely to come out of its sluggish growth phase in a hurry

TCS Q2 show in-line, while Street 'unclear' on data centre push; should you buy, sell, or hold?

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.

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.

Released 1% or 6,000 people: TCS CHRO on layoffs; says numbers circulating very exaggerated

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..

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.

TCS Q2 Earnings Live: Margin, Revenue Beat Street Estimates

TCS Q2 Earnings Live: Margin, Revenue Beat Street Estimates,

Nifty IT index sinks 27% from highs, is time to re-enter or wait for further correction?

Indian IT stocks have tumbled sharply amid H1B visa concerns, weak global tech spending, and AI-related uncertainties, prompting questions on whether it’s time to buy the dip or stay cautious.

TCS Q2 Results: IT firm announces Rs 11 interim dividend, check record date

TCS Q2 Results 2025 Live: The company will kick start the earnings season for the IT pack, with the board likely to declare a second interim dividend for the financial year 2025-26.

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.