On Friday, the BSE Sensex jumped 1.08% to close at 77,569.39, while the Nifty 50 gained 1.02% to settle at 24,206.90. The gains built on Thursday’s modest recovery of 0.31% and 0.34%, respectively, after Wednesday’s sharp sell-off.
3 min read10 Jul 2026India's IT bellwether says it is generating up to 15% AI-led cost savings and passing the productivity gains to clients in phases.
3 min read10 Jul 2026Indian benchmark indices opened higher, boosted by gains in IT stocks after TCS reported strong quarterly revenue. Nifty 50 rose 0.68% and BSE Sensex climbed 0.85%. Market breadth was positive, with all major sectoral indices in the green amid easing geopolitical tensions.
3 min read10 Jul 2026The Mumbai-based company reported first-quarter consolidated revenue of $7.62 billion, up 0.04% sequentially and 2.7% on a yearly basis. Analysts had predicted even lower numbers—$7.52 billion by at least 34 analysts polled by Bloomberg.
4 min read10 Jul 2026TCS Q1 Results 2026 Highlights: The country's largest IT services company reported a consolidated net profit of ₹13,349 crore for Q1 FY27. Revenue from operations rose 14% YoY to ₹72,275 crore during the quarter, up from ₹63,437 crore a year ago.
9 min read9 Jul 2026Ahead of the announcement, the TCS share price fell as much as 1.87% to ₹2,017.50 per share on the NSE on Thursday, 9 July.
2 min read9 Jul 2026That Accenture has reported its lowest quarterly new order bookings in nearly two years shows AI will eat away IT services revenue at a much faster pace than previously anticipated.
4 min read19 Jun 2026In three years, TCS will have as many AI agents as human workers, Chairman N. Chandrasekaran has said. That signals a shift in hiring patterns of India's IT services industry.
3 min read10 Jun 2026Speaking at TCS's annual general meeting, the chairman said artificial intelligence will drive the company's next phase of growth, reduce hiring needs and eventually see the software exporter deploy as many AI agents as employees.
4 min read9 Jun 2026The one-off boost from Tata Capital's listing comes even as Tata Trusts Chairman Noel Tata raises concern over mounting losses in Tata Digital to Air India.
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