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Behind the layoffs at TCS that could affect 12,000 jobs

New Delhi, July 29 -- On Sunday, 27 July, a techie's quiet afternoon nap was abruptly snapped by the sharp ping of a mobile notification. It was an email from his employer of four years, Tata Consulta... Read More


Three years on, AI is prompting IT services companies to cut workforce.

New Delhi, July 28 -- Tata Consultancy Services (TCS) will lay off approximately 12,000 employees this fiscal year, as India's biggest private employer adjusts to slowing growth and rising artificial ... Read More


As TCS loses shine, investors place hopes on Infosys, HCLTech

New Delhi, July 13 -- Three straight quarters of falling revenues at Tata Consultancy Services Ltd could prompt investors to prefer shares of Infosys Ltd and HCL Technologies Ltd, even as India's larg... Read More


Tata Sons chair Chandrasekaran skips TCS AGM following AI crash crisis

New Delhi, June 19 -- Natarajan Chandrasekaran skipped Tata Consultancy Services' annual general meeting on Thursday after being absent from Tata Consumer Products Ltd's shareholder meeting a day befo... Read More


Mphasis to lose FedEx business accounting for 8% of total revenue

New Delhi, June 1 -- Mphasis Ltd has lost one of its oldest clients, which accounted for 8% of the revenue of India's seventh-largest information technology services firm, after FedEx Corp. selected A... Read More