Tata Communications and Tata Motors Passenger Vehicles (TMPV) on Tuesday announced a collaboration to equip the Sierra.ev with in-built 5G cellular connectivity, a move aimed at accelerating the deployment of Software-Defined Vehicles (SDVs) in India.

Under the partnership, the Tata Communications MOVE Connected Vehicle Platform will be integrated with the car's SDV platform N.IO. The integration will provide seamless connectivity and digital-first in-vehicle experiences, a joint statement said.

The Reserve Bank of India's (RBI's) final guidelines on upper-layer NBFCs issued late Wednesday have rekindled hopes that Tata Sons could get a reprieve from its listing obligations after the central bank dropped a provision defining the "indirect receipt of public funds". The clause, included in the April draft, had been viewed as a key hurdle for business houses seeking to deregister as core investment companies (CICs).

Tata Consultancy Services (TCS) has tied up with Mistral, as part of which India’s largest IT services company will become the first global system integrator partner for Mistral Forge, the French frontier model firm’s advanced system for enterprises to build frontier-grade AI models.

The partnership combines Mistral’s frontier AI capabilities with TCS’ deep context of enterprise customers.

A day after State Bank of India (SBI) overtook Tata Consultancy Services (TCS) to become the fourth most valuable listed company by market capitalisation, ICICI Bank climbed to the fifth spot on Thursday, pushing TCS further down the rankings.

The private lender's market cap surpassed that of the technology giant for the first time since June 2009, according to Bloomberg data.

Tata Consultancy Services (TCS) will provide salary hikes for a majority of its employees from September 1, the company said in an internal memo on Wednesday.

“We are pleased to announce a compensation revision for all eligible associates in grades up to C3A and equivalent, covering 80 per cent of our workforce,” a message from Chief Human Resources Officer Milind Lakkad and CHRO-designate K Sudeep stated.

Tata Consultancy Services (TCS) has signed a new seven-year agreement with British airline Virgin Atlantic, building on a partnership that has lasted over 20 years. The renewed collaboration aims to support Virgin Atlantic’s digital transformation, with a focus on artificial intelligence (AI) and cloud-based technologies, the tech giant said in an exchange filing on Tuesday.

As part of the agreement, TCS will help modernise the airline’s core technology systems, using AI and cloud platforms to improve agility, resilience, and scalability.

Technology majors Tata Consultancy Services (TCS) and IBM today announced partnership to further develop India’s quantum industry. Both the technology firms are part of the Government of Andhra Pradesh’s new, first-of-a-kind, Quantum Valley Tech Park, currently being built in the capital city of Amaravati.

The tech park will be anchored by an IBM Quantum System Two installation, with a 156-qubit Heron quantum processor, the largest quantum computer in India.

An uncertain macro environment and slow discretionary spending on the part of its clients in major markets, coupled with seasonality weaknesses owing to furloughs, affected the third-quarter (October-December 2024) FY25 performance of India’s largest information-technology services player, Tata Consultancy Services (TCS).

TCS’ net profit for the third quarter, at Rs 12,380 crore, was up 11.9 per cent over Rs 11,058 crore in the same quarter of FY24.

Tata Consultancy Services (TCS), India's largest IT services company, said on Wednesday it has signed a two-year partnership with McDonald Philippines to upgrade technology used by the fast-food chain.

The deal size was not disclosed. TCS signed the agreement with George Yang-led Golden Arches Development Corporation (GADC), the master franchise holder of McDonald's in the Philippines.

Global IT services firm and India’s largest IT services company, Tata Consultancy Services (TCS), announced a net headcount addition of 5,452 employees. This follows three quarters of negative headcount decline.

At the end of the first quarter of FY25, TCS reported a total headcount of 606,998.

TCS becomes the second firm to announce a net addition, after Accenture.

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