Daily trending news …
A TCS Java developer shared on Reddit that their monthly salary fell from Rs 25,000 in 2020 to Rs 22,800 after 5.5 years, despite project placement efforts while on a Performance Improvement Plan (PIP) in July 2025.
TCS reported a net reduction of 11,151 employees in the third quarter of fiscal year 2026, bringing its total workforce to 582,163 from 593,314 in the previous quarter. This decline follows a larger drop of 19,755 employees in Q2 FY26 and aligns with ongoing restructuring efforts, including role rationalization and about 1,800 exits tied to earlier initiatives.
Tata Consultancy Services (TCS) reported a 14% year-on-year decline in consolidated net profit to Rs.10,657 crore for the December 2025 quarter, down from Rs.12,380 crore last year. Operating revenue grew 5% YoY to Rs.67,087 crore, with sequential 2% increase. AI services annualized revenue reached $1.8 billion (up 17.3% QoQ in constant currency), operating margin stayed stable at 25.2%, and total
Tata Consultancy Services (TCS) announced an ambitious shift to become the world’s leading AI-driven technology services provider at its Analyst Day. Outlining a five-pillar strategy – internal AI transformation, service redefinition, talent upskilling (1.8 lakh employees trained), client adoption and ecosystem expansion via partnerships/M&A – TCS revealed its AI business hit $1.5 billion annualiz
Trump’s $100,000 fee on new H-1B visas from outside US devastates Indian IT outsourcing giants. Bloomberg analysis reveals 90% of TCS, Infosys and Cognizant’s H-1B hires (2020-2024) used consular processing, triggering the charge. Infosys alone would owe over $1 billion for 10,400 workers, TCS hundreds of millions for 6,500 and Cognizant for 5,600.
Buying a car above ₹10 lakh? The 1% TCS (₹10,000 on ₹10L car, ₹50,000 on ₹50L car) collected by dealers is fully refundable! Most Indians don’t know this money is credited to their PAN and can be claimed easily through Form 27D & Form 26AS while filing ITR. Ask dealer for Form 27D immediately after purchase, check TCS in 26AS, and get refund or adjust against tax liability – a legal benefit thousa
Under Section 206C(1F) of the Income Tax Act, sellers collect 1% TCS on motor vehicles priced above ₹10 lakh from retail buyers, excluding government entities and certain businesses. Buyers can claim this TCS credit or refund by obtaining Form 27D from the dealer, verifying it in Form 26AS, filing ITR for the purchase year, and checking refund status on the e-filing portal.
Tata Consultancy Services (TCS) is entering the data centre industry for the first time with a massive $6.5-7 billion plan to develop up to 1.2 GW of AI-ready and sovereign data centres in India over the next 5-7 years. The company has created HyperVault AI Data Centre Ltd and is forming a joint venture with US private equity giant TPG, where TCS holds 51% and both will inject $2 billion equity, w
Tata Digital, the force behind Tata Neu super app, is executing its third major overhaul and the first under ex-Jio executive Sajith Sivanandan who joined as CEO in September 2025. Moving away from aggressive GMV targets, the company is slashing more than half its workforce to cut costs and reposition itself as the Tata Group’s central digital marketing and customer acquisition hub for brands like
Tata Consultancy Services (TCS) has lost its long-standing valuation premium over peers Infosys and HCLTech for the first time in nearly 14 years, according to The Communication. Once considered the benchmark for performance and pricing power in the IT industry, TCS is now trading at a lower earnings multiple than its closest competitors.
