Tag: TCS
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Tata Sons Trim TCS Stake to Raise Funds for New Ventures
In a major block deal last Tuesday, Tata Sons, the holding company of the Tata Group, sold 2.34 crore shares of its flagship IT services firm Tata Consultancy Services (TCS). The deal is estimated to be worth around Rs 9,000 crore, although the exact share sale price has not been disclosed by the companies involved. ... -
TCS To Hire 40,000 Freshers But Fires 16! What’s Going On?
Curious about what’s happening at TCS? The IT giant plans to hire a whopping 40,000 freshers, but there’s a twist. They’ve also just fired 16 employees and banned 6 staffing firms over a recruitment scam. Alright, let’s dive into what’s been happening at TCS, one of India’s biggest IT companies. There are two major news ... -
TCS Signs ₹8,800 Crore Contract With UK’s Nest For 10 Years
Tata Consultancy Services (TCS) has announced the extension of its partnership with Nest, the UK’s largest workplace pension scheme. The focus of the partnership will be on digitally transforming Nest’s scheme administration services as well as providing enhanced member experiences. Tata Consultancy Services (TCS) has announced the launch of its digital-first platform, which is powered ... -
Is TCS Building ChatGPT-Like AI Generative Technology?
The Indian tech company TCS is developing indigenous generative artificial intelligence technology. Will it be similar to AI chatbot ChatGPT? Tata Consultancy Services (TCS), India’s largest software services firm, is developing its own generative artificial intelligence (AI) tool similar to OpenAI’s ChatGPT for enterprise code generation. The project aims to use TCS’s internal code, data, ... -
TCS Announces Employees Salary Hikes Amid Global Tech Layoffs
On the one hand, where giant tech companies are laying off globally, on the other hand TCS is not only hiring but also increasing its employees’ salaries. As per chief human resources officer Milind Lakkad, Tata Consultancy Services (TCS), the largest IT services provider in India, would soon announce compensation increases for its staff that ...