TCS CFO
AI gains fail to cool rising staff costs at Indian IT services firms
Although artificial intelligence (AI) and automation are changing the traditional labour-intensive model of IT services, they have yet to bring down employee costs for the country’s top six IT services companies—Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, Tech Mahindra and LTM (formerly LTIMindtree).
Ather rides to profit; Pronto's US AI play
Ather Energy swung to profit in the July-September quarter. This and more in today’s ETtech Top 5.
AI revenue should offset traditional services deflation: TCS CEO K Krithivasan
Due to the continuing pressure on companies amid geopolitical strife, TCS is assuming client budgets will not rise. It is, however, banking on customers spending on AI and modernisation. AI revenue - which crossed 10% of the total in the September quarter - should compensate for deflation in traditional services in the medium term, the CEO said.
TCS Q2 results: Profit rises 15% YoY to Rs 13,884 crore; co declares dividend at Rs 12 per share
TCS Q2 Results 2026: IT services major Tata Consultancy Services (TCS) reported 15% year-on-year (YoY) growth in its consolidated net profit at Rs 13,884 crore for the second quarter. Also the company has declared a second interim dividend of Rs 12 per share for the financial year 2026-27.
Next-gen GST reforms: Single registration, easier input tax credit among key MSME demands
The 57th GST Council meeting, now slated for October 8, 2026 (Thursday), is likely to consider several proposals aimed at easing the compliance burden for small businesses in the country.
TCS rolls out salary hikes, takes 200-bps impact on operating margin
"We have gone ahead and rolled out our annual salary increase with effect from April 1st. Our operating margin of 23.2% reflects the 200-bps impact of this hike, offset through improved efficiencies," TCS CFO Samir Seksaria said.
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All is well, but it can always be better. We will have to play it one step at a time: TCS CFO
Despite some caution and risk aversion in the near term due to macro uncertainty, TCS has succeeded in securing long-term transformation deals worth $10bn, with $5bn coming from the US. Although Q4 results did not meet expectations, and with uncertainties impacting growth in the next 15 to 18 months, TCS is optimistic that technology spending will continue to drive growth. According to CFO Samir Seksaria and CHRO Milind Lakkad, TCS believes it is well positioned to manage volatility with its long-term cost structures.
Confident of closing year with margins at 25%, says TCS CFO Samir Seksaria
In a quarter that saw lower employee utilisation due to the holiday seaIT services firm is taking steps to improve realisation to increase revenue productivity: Seksaria
TCS rolls out 100% variable pay for majority of the workforce
Tata Consultancy Services awarded 100% variable pay for the second quarter of FY23 as well. The average payout for Infosys during the same quarter was 65%.
TCS Q2 Results: Profit rises 8% YoY to Rs 10,431 crore, beats estimates
TCS Q2 Results: TCS CFO Samir Seksaria said the company is steadily making its way towards achieving operating margin priority for the year, aided by leverage from good growth, the flattening of the workforce pyramid, steadily improving productivity and currency support.
Former TCS CFO V Ramakrishnan passes away
V Ramakrishnan had worked with different Tata companies across four decades.
TCS attrition rate spikes to 19.7%, adds over 14,000 new employees
While announcing its June quarter results, TCS’ workforce stood at 606,331, a net addition of 14,136 employees during the quarter. “IT services attrition was 19.7% on the last twelve months’ basis,” it said in a statement. In the March quarter, TCS had said that the rate of attrition was at 17.4 per cent.
TCS names Samir Seksaria as CFO
Seksaria started his career in TCS in 1999 and spent his early years in consulting assignments involving regulatory compliance and M&A spin-offs
N Chandrasekaran may not chair all major Tata companies
Chandra is already chairman of three major Tata companies and could be appointed on a few more entities, but he may not occupy the top seat in all the key firms.
TCS appoints V Ramakrishnan as chief financial officer
Ramakrishnan was responsible for the financial controllership of TCS subsidiaries and branches globally and various merger & acquisitions integration initiatives.
Rajesh Gopinathan must quickly show he can do it, too
Intense competition from Indian and global peers in the IT domains where TCS operates means sustaining higher operating margins will not be easy.
N Chandrasekaran's rise at Tata Group spells IT sector importance: Infosys CEO Vishal Sikka
"I wrote to him yesterday, congratulating him. It is a reflection, both of his amazing leadership and capabilities as well as growing importance of software all around us," Sikka said.
Meet the new CEO of TCS Rajesh Gopinathan
Gopinathan joined TCS in 2001 and was appointed as CFO of the company in February 2013.
TCS Strategic Sourcing and Procurement platform helps Mother Dairy realise sustainable savings
"Implementation of Electronic procurement platform , was the first step towards automating the process with the help of TCS" CFO, Mother Dairy said.
Former Infosys CFO V Balakrishnan, large investors wants board to consider share buy back
"Our discussions with large institutional shareholders of Infosys make us believe that they are supportive of this proposal."
S Mahalingam, former TCS CFO: The man who crafted a slice of software history
S Mahalingam piloted TCS’ hedging strategy taking the brickbats & praise with a stoicism that earned him the sobriquet of ‘Buddha’ within the co.
West Bengal industry minister welcomes TCS investment in Rajarhat
Partha Chatterjee said he welcomed TCS's announcement to invest Rs 1,350 crore on setting up a software development campus in Rajarhat.
TCS signals slower growth and low margins in the near-term
TCS has told analysts of weakness in business and margin decline in the near-term due to fewer working days this quarter.
Infosys may miss FY13 guidance; TCS & Cognizant well poised: BofA-ML
TCS remains ahead of its peers on its investments in new markets and innovation, the bank said in its report.
Tata Consultancy Services sees growth across verticals, geographies
TCS CEO and MD N Chandrasekharan said all its markets have witnessed growth, whether it is US, UK, Europe, India, Asia Pacific or Latin America.
TCS has major expansion plans in Kerala
IT Major Tata Comsultancy Services (TCS) today said it had plans for major expanison in kerala and would be recruiting more persons.
TCS directors among highest paid in desi IT sector
Comparisons on a total salary basis reveal that TCS CEO earned almost thrice his counterpart at Infosys. TCS, Infosys, Wipro struggle to keep project managers
Demand decline for outsourcing over: TCS
The country’s largest IT services exporter, Tata Consultancy Services (TCS), feels that the decline in demand for IT outsourcing seems to have been ‘arrested’.
Satyam clients have approached us: TCS
TCS is likely to gain most because it has the highest number of common clients with Satyam, according to a broking house report. No bailout for Satyam
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