TCS DEAL WINS
10 techies who quit jobs at Accenture, TCS, Infosys to become popular South actors: Tovino Thomas to Kalaiyarasan to Srinidhi Shetty
Several South Indian actors, including Srinidhi Shetty, Tovino Thomas, and Nivin Pauly, left well-paying IT jobs at companies like Accenture and Infosys to follow their passion for acting and build successful film careers. Read on to know more about the 10 actors who gave up their lucrative jobs to join the industry.
TCS pledges strict action on Nashik harassment case; COO Subramanian leads investigation
Tata Consultancy Services COO Aarthi Subramanian will head an investigation into a sexual harassment case at its Nashik unit. Eight employees alleged mental and sexual harassment by senior colleagues and inaction by HR. Police have arrested seven individuals, including an HR manager. This incident raises questions about IT companies managing operations in smaller cities.
TCS deal wins signal stability despite AI concerns: Sandip Agarwal
TCS's robust $12 billion Total Contract Value signals stability amidst AI disruption fears, indicating intact client spending. Analysts project 5-6% dollar growth and 16-17% rupee earnings CAGR, suggesting potential stock rerating. IT firms' system integrator role remains a strong moat, though AI may alter cost-sharing dynamics.
Wipro slides 23% in 3 months, turns Nifty's worst performer. Can buyback, Q4 nos. reverse trend?
Wipro shares have plummeted 23% in three months, becoming the Nifty's worst performer, impacted by weak Q3 results and sector-wide AI concerns. Despite a recent 8% gain in April, analysts remain cautious due to weak growth guidance and integration pressures. The company's upcoming Q4 results and potential share buyback will be key triggers.
TCS shares fall 2% after Q4 results. What Jefferies, Nomura and 3 other brokerages are saying
Despite a 12% year-on-year rise in net profit to Rs 13,718 crore and a 10% revenue increase to Rs 70,698 crore, TCS shares fell 2%. The IT giant secured $12 billion in deals and reported strong AI revenue, yet analysts remain divided on future growth prospects and valuations.
Buy, Sell or Hold: Goldman Sachs backs TCS, Morgan Stanley stays underweight on Wipro
Brokerages remain divided on frontline stocks, balancing near-term triggers with medium-term growth concerns. Morgan Stanley stays overweight on JSW Steel, citing a constructive outlook despite operational hiccups, while remaining cautious on Wipro due to weak growth visibility. Goldman Sachs maintains a buy on TCS, supported by strong deal wins, though it flags muted revenue momentum and limited clarity on FY27 growth prospects.
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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 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 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 results today: 6 things to track for investors spooked by AI crash
Tata Consultancy Services reports its March quarter results today. Investors will focus on management's outlook for FY27 demand, artificial intelligence, and large deal momentum. The IT major's commentary could shape sentiment for the entire sector. Key areas to watch include revenue growth, FY27 guidance, deal wins, sector performance, margins, and AI strategy.
Cautious FY27 outlook for IT sector amid macro headwinds and AI transition: Sumeet Jain
Indian IT firms face a period of measured growth in FY27. Global economic uncertainty and geopolitical risks are key challenges. While AI presents opportunities, its impact on revenue is not yet significant. Mid-cap IT companies show promise. According to Sumeet Jain of CLSA India, the sector's near-term outlook depends more on macro stability than AI shifts.
TCS shares in focus ahead of IT firm’s Q4 earnings announcement. What to expect?
Investors are keenly watching TCS's earnings announcement following a significant IT stock plunge. Analysts anticipate moderate revenue and profit growth, with BFSI and technology verticals driving performance. Deal wins are expected to remain robust, while margins are projected to be stable, with a focus on AI investments and employee restructuring.
TCS likely to log highest revenue growth in 9 quarters on weaker rupee
Tata Consultancy Services is poised to report a 4% sequential revenue growth for the March quarter, its highest in nine quarters, largely driven by rupee depreciation. Despite a negative investor sentiment towards the IT sector due to AI advancements and geopolitical tensions, TCS's dollar revenue is expected to see a five-quarter high growth.
TCS Q4 Preview: First results after AI-led crash. Will the IT bellwether spook or soothe investors?
Tata Consultancy Services will report its March quarter results soon. Analysts expect steady growth, driven by international markets and strong deal wins. The company's investments in Artificial Intelligence will be a key focus. Investors will watch for guidance on future growth and AI adoption. The IT bellwether's performance will offer insights into the sector's health.
Ahead of Market: 10 things that will decide stock market action on Friday
Indian benchmark indices rallied for a second session, led by banks, auto and consumer stocks. Nifty climbed above 23,300 while Sensex reclaimed 75,000. Analysts see near-term bullish momentum, though global uncertainties, volatility and resistance levels may cap further upside.
Accenture’s AI momentum strong, but revenue growth signals caution for IT sector: Sudip Bandyopadhyay
Accenture reports strong AI deal wins. This indicates a major shift in the IT sector where artificial intelligence is now essential. While revenue growth is moderate, experts believe Accenture may exceed expectations. The company has stopped reporting AI revenue separately, reflecting its integration into core services. This trend will likely shape future performance for IT companies.
Reports of my death are greatly exaggerated! Why Nuvama is screaming buy on all top 10 IT stocks
Nuvama says fears that Gen-AI will cripple India’s IT services model are overblown, invoking Mark Twain’s line that “reports of my death are greatly exaggerated.” After a sharp AI-driven selloff that pushed valuations to multi-year lows, the brokerage has upgraded all top 10 IT stocks to “BUY,” arguing the sector is poised for a comeback as AI services demand accelerates.
Banned RMG games thrive in India; green shoots in tech hiring
Happy Friday! Accessing illegal offshore betting platforms continues to be easy for Indian users. This and more in today’s ETtech Morning Dispatch.
TCS can offer Rs 35 dividend, share buyback soon, says CLSA after Rs 3,593 target price
CLSA has maintained an Outperform rating on Tata Consultancy Services with a target price of Rs 3,593, implying 39% upside. The brokerage sees scope for a Rs 35 Q4 dividend and a potential buyback. However, AI disruption concerns and macroeconomic risks continue to weigh on IT sector valuations.
Infosys, TCS & other IT stocks slump up to 8%; buy the dip or brace for more AI-led selloff?
Indian IT stocks experienced a sharp decline on Tuesday. This selloff is driven by concerns over artificial intelligence disrupting the sector. Analysts are divided on whether to invest now or wait. Some believe the market is overreacting and valuations are becoming attractive.
AI scare for SIP investors: Will a prolonged slump in IT stocks affect mutual fund returns?
Indian retail investors are worried as IT stocks face a sharp correction due to artificial intelligence fears. This downturn could impact mutual fund returns, affecting both lump sum investments and SIPs. Many diversified funds have significant IT exposure, raising concerns about overall portfolio performance. Investors are advised to examine sector allocations within their funds.
AI Summit 2026: PM Modi's develop in India pitch; New Delhi impact pledge
Top AI leaders and policymakers took the stage on Day 4 of the India AI Impact Summit and called for the democratisation of AI. This and more in today's ETtech Top 5.
Yotta’s $2 billion Nvidia bet; Skyroot eyes unicorn tag
Happy Wednesday! Yotta is shelling out $2 billion to deploy Nvidia’s latest AI chips at its Noida facility. This and more in today’s ETtech Morning Dispatch.
Beyond Rs 6 lakh crore selloff: How TCS, Infosys, other IT giants are reinventing to outlast AI disruption fears
Indian IT giants are actively reinventing their strategies to counter fears of AI-driven disruption, which has led to a significant market value sell-off. Companies are embedding AI into transformation programs, focusing on outcome-led growth, and leveraging internal AI tools to maintain margins and deliver value to clients.
As AI clouds future of IT, Indian firms adapt to new game
Indian IT firms are adapting to new AI models that promise to revolutionise software development. Despite recent stock sell-offs, companies are investing in AI training and partnerships, ensuring their continued relevance. Strong deal wins and favorable valuations suggest a resilient future for the sector.
N Chandrasekaran gets into driver’s seat for TCS AI ride
Tata Sons chairman Chandrasekaran is increasing his direct involvement with TCS to navigate the company through a critical period. This renewed focus aims to solidify TCS's position as the Tata Group's primary AI partner and explore acquisitions to accelerate its AI pivot, ensuring the protection of its largest cash generator amidst evolving business models.
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