KRITHIVASAN
TCS Nashik case: A timeline of key developments and probe details
TCS Nashik case: IT major Tata Consultancy Services is facing scrutiny after serious allegations surfaced at its Nashik facility. The case centres on accusations of sexual harassment, workplace coercion and pressure linked to religious conversion at the company’s Nashik unit.
'Cases involving religious conversion wouldn't be tolerated': Maharashtra CM Fadnavis on Nashik TCS case
Maharashtra Chief Minister Fadnavis on Saturday chaired a review meeting of the Home Department over the Nashik conversion case, saying that religious conversion cases would not be tolerated under any circumstances.
4-member panel with retired judge, ex-IPS officer to probe Nashik TCS case
A Fact Finding Committee has started its inquiry into serious allegations at a TCS office in Nashik. The committee will speak to all parties involved before releasing any details. This comes as protests continue and authorities investigate the matter. TCS is cooperating with the investigation, which is looking into potential forced conversion and sexual harassment.
No formal complaints found in Nashik preliminary review, says TCS
Tata Consultancy Service said on Friday that it has not received through its official reporting systems any formal complaints of the nature that are being alleged. The company said it has engaged a team of experts from consultancy firm Deloitte and law firm Trilegal as independent counsel to the internal investigation led by chief operating officer Aarthi Subramanian.
TCS denies Nashik facility shut down; brings in Deloitte, Trilegal for probe
Tata Consultancy Services (TCS) on Friday dismissed reports that its Nashik facility has been shut down, asserting that the unit “continues to operate and serve clients” even as investigations intensify into the ongoing controversy.
TCS Nashik case: IT giant denies Nida Khan held HR role, appoints Deloitte, law firm to assist internal probe
Tata Consultancy Services is investigating serious allegations of sexual abuse and coercion at its Nashik facility. The IT major has appointed external experts and an oversight committee to review the probe. TCS stated its Nashik operations remain unaffected and denied specific media reports. The company emphasized its zero-tolerance policy for misconduct and is cooperating with law enforcement.
- Go To Page 1
TCS headcount fell by 23,460 in FY26; but no more layoffs for now: Sudeep Kunnummal, CHRO
India's largest IT firm, TCS, reported a significant headcount reduction of 23,460 in FY26, ending with 584,519 employees. The company has concluded its restructuring and plans aggressive campus hiring, aiming to onboard around 40,000 freshers annually. Despite this, TCS remains cautious about FY27 hiring due to unclear global demand.
YC partner on AI's funding gap, Indian startups; TCS CEO talks IT's resilience
Happy Monday! Y Combinator’s Ankit Gupta told ET in an exclusive chat that AI money is crowding at the top while early founders scramble for scraps. This and more in today's ETtech Morning Dispatch.
Indian IT still alive & kicking; companies need us to access AI gains: TCS CEO K Krithivasan
Despite predictions of its demise, Indian IT services, led by TCS, are proving resilient due to deep skill sets, not just cost arbitrage, CEO K Krithivasan said. The company sees significant opportunities in AI-driven modernization and is experiencing a strong order book and improved customer confidence, even amidst global uncertainties.
TCS makes only 25k fresher offers this fiscal, more hires dependent on demand scenario: Official
TCS has extended 25,000 offers to freshers this fiscal year. Future hiring of college graduates hinges on demand clarity. The company is investing in acquisitions, partnerships, and its staff for future growth. Business needs will shape hiring strategies. The company sees stable project pipelines and signs of improvement in discretionary demand.
TCS CEO calls Street "wrong" on AI threat; posts $40-bn order book and $2.3 billion in AI revenue for FY26
TCS CEO K Krithivasan dismisses fears of IT giants faltering in an AI-first era, asserting the company is actively leading the AI transition. He argues system integrators remain crucial for integrating new tech, driving transformative projects, and redesigning business processes. Enterprise AI spending is now focused on operational efficiency, modernization, and AI transformation itself, with a bullish outlook for FY27.
TCS Q4 profit up 12%, revenue rises 9.6% amidst AI growth and deal wins
Tata Consultancy Services reported a 12% rise in net profit to Rs 13,718 crore for the March quarter, exceeding analyst expectations. Despite a 2.4% annual revenue decline in constant currency for FY26, the company saw strong AI services revenue growth and secured significant deal wins, signaling a potential turnaround.
Fintechs clash in cross-border payments; TCS closes FY26 strong
Happy Friday! Large companies are fighting early-stage startups in the cross-border payments battleground. This and more in today's ETtech Morning Dispatch.
TCS Q4 FY26: Attrition rises to 13.7%; 2,356 employees added during the quarter
TCS Q4 FY26: Alongside workforce adjustments, the IT major highlighted continued investments in employee upskilling. It also unveiled wage hikes across all grades effective April 1, 2026.
TCS Q4 net profit jumps 12% to Rs 13,718 crore on strong deal wins, weak rupee
TCS reported a 12% net profit rise to ₹13,718 crore in Q4, exceeding expectations despite a 2.4% annual revenue decline in constant currency terms for FY26. The company saw strong AI revenue growth, crossing $2.3 billion, and secured significant deal wins, signaling a potential turnaround amidst cautious optimism.
TCS Q4 beats expectations; UP girl makes Y Combinator history
TCS reported strong Q4 results, driven by robust performance in North America and a weak rupee. This and more in today's ETtech Top 5.
TCS rides AI demand; mega deals power Q4 results
Per COO Aarthi Subramanian, a partnership with Anthropic is a possibility. During the year, the IT major pushed aggressively into the AI ecosystem through collaborations with global technology leaders and strengthened enterprise alliances. It also continued to secure large, multi-year transformation deals across sectors, including telecom, retail, banking, aviation and consumer industries.
Wipro, Infosys ADRs fall over 2% after TCS reports Q4 results. What to expect on Friday?
ADRs of Wipro and Infosys declined after Tata Consultancy Services reported steady Q4 results with strong deal wins and rising AI revenue. Despite stable performance, investor reaction signals cautious sentiment and a muted market opening for IT stocks.
TCS going all-in on AI as $2.3 billion revenue takes shape. 5 takeaways from Q4 results
Tata Consultancy Services signalled a decisive shift by positioning AI as a core growth engine rather than an experimental bet. With annualised AI revenue crossing $2.3 billion, strong deal wins, expanding margins and a rapidly upskilled workforce, the company underscored that enterprise AI adoption is now driving meaningful business momentum.
TCS Q4 FY26 Results: Profit jumps 12% YoY to Rs 13,718 crore; revenue rises 10%
TCS Q4 Results 2026: Tata Consultancy Services announced a 12% year-on-year increase in its consolidated net profit, reaching Rs 13,718 crore for the fourth quarter. The IT services giant also reported a 10% YoY revenue growth to Rs 70,698 crore, bolstered by three mega deals worth $12 billion. The company declared a final dividend of Rs 31 per share.
TCS declares Rs 31 per share final dividend, FY26 payout at Rs 39,571 crore
TCS Dividend News: Tata Consultancy Services declared a final dividend of Rs 31 per share for the financial year ending March 31, 2026. The IT giant reported a 12% year-on-year growth in its consolidated net profit for the March quarter. Revenue also saw a 10% year-on-year increase. The company's operating margin reached its highest in four years.
TCS and Pearson partner to accelerate AI-powered learning for global industries
Pearson, the world's lifelong learning company, and Tata Consultancy Services (TCS), a global leader in IT services and consulting, have announced a multi-year integrated partnership to help enterprises build future-ready workforces with AI-powered learning and assessment.
TCS shares in focus after CEO says IT major in advanced talks for more AI data centres in India
TCS share price: TCS CEO K Krithivasan said the company is in advanced discussions with multiple hyperscalers to build more AI data centres in India, citing strong demand for artificial intelligence infrastructure. The IT major expects India to require up to 10 gigawatts of AI data centre capacity by 2030, highlighting significant investment opportunities.
TCS is in ‘advanced’ talks for more AI data centers in India
Tata Consultancy Services, which just cut an agreement with OpenAI to build data centers for artificial intelligence in India, is nearing additional deals with other tech giants, signaling a commitment to reshaping its business model to capitalize on the emerging technology.
India built the world's back office. AI is starting to shrink it
India's IT outsourcing sector faces a significant challenge as artificial intelligence automates jobs. Companies like Hunar.AI are using AI to streamline hiring and onboarding. This shift threatens the employment of millions, impacting graduates and the nation's economic model. While the govt aims to make India an AI power, reliance on foreign tech remains a concern.
ET AI Conclave 2026; Apple's India payments play
The ET AI Conclave & Awards brought together over 250 founders, CXOs, policymakers and investors from leading Indian AI companies like Sarvam, Neysa and Fractal. This and more in today's ETtech Top 5.
TCS is asking staff to use AI even if it hits revenues: CEO K Krithivasan
Tata Consultancy Services is not resisting disruption from artificial intelligence, but is encouraging its associates to bring AI-led efficiencies even if it compresses the company’s revenue, chief executive K Krithivasan said.
TCS urging staff to use AI despite risk to revenue, CEO says
Tata Consultancy Services is urging employees to use artificial intelligence tools to deliver work faster and cheaper, even if it eats into the company's revenue, the CEO of India's largest software-services provider said on Wednesday.
Indian IT captains hold firm amid raging agentic AI storm
K Krithivasan, chief executive officer and managing director of Tata Consultancy Services (TCS), said while it’s not clear exactly what the roles will be a few years down the line due to disruption owing to AI, he does not envisage a “significant shrinkage” to TCS and the industry at large.
Load More
