The article discusses the impact of generative AI on the future of work, particularly in the Middle East and Africa region. Sumanta Roy, the President and Head of India’s Tata Consultancy Services (TCS) Middle East and Africa region, emphasized that the advent of AI will have a profound impact on knowledge workers, as it is the first time that AI will affect those in high-skilled jobs. He noted that AI will not replace blue-collar workers, but rather will impact white-collar workers, such as those in financial services, education, and healthcare.

Roy highlighted that the training of employees to adapt to AI-driven changes is crucial in this rapidly evolving landscape. He stated that TCS has trained 60-65% of its employees in mid-level courses on AI, and is also exploring the legal and ethical implications of AI.

Roy also emphasized the importance of human skills in areas such as programming, system architecture, and documentation, which are difficult to replicate with AI. He noted that pure analytical abilities, creativity, and aesthetic skills will likely remain the domain of humans, while AI will excel in areas such as data analysis and pattern recognition.

However, Roy also highlighted the potential risks associated with AI, including deepfakes and adversarial networks, where AI-generated content cannot be distinguished from real content. He suggested that blockchain technology could potentially be used to mitigate these risks.

Roy’s comments are significant, given the growing importance of AI in the global job market. As the pace of technological change accelerates, it is essential for workers to upskill and reskill to remain relevant in the job market. The TCS executive’s views offer valuable insights for policymakers, educators, and businesses seeking to navigate the challenges and opportunities presented by the rise of AI.

Tata Consultancy Services (TCS) is investing in a new delivery center in Toulouse, France, to focus on the aerospace industry, particularly the use of artificial intelligence (AI) and quantum computing. The center, which will initially employ 50 people, has the potential to increase to 500 staff. This is TCS’s fourth IT delivery center in France and is strategically located in the region, home to Airbus, the French space agency, and numerous aerospace companies.

The new center aims to address the challenges faced by the aerospace and defense industries, such as supply chain disruptions, which can have significant financial and operational implications. TCS is leveraging AI to monitor global events and predict potential supply chain disruptions, enabling manufacturers to proactively adjust their planning and mitigate risks.

In addition to supply chain resilience, the center will focus on using quantum computing to reduce fuel consumption in the design of aircraft, optimize flight routes, and reduce carbon emissions. TCS is collaborating with manufacturers to develop sustainable solutions that can significantly reduce the industry’s reliance on fossil fuels.

The center will also augment human skills in the aerospace and defense sector, which faces significant challenges in finding employees with the right skills. TCS believes that AI can enable less skilled workers to perform tasks that require higher levels of skill, freeing up experts to focus on more complex and strategic decisions.

Ultimately, TCS’s new center in Toulouse aims to provide companies in the aerospace and defense sector with a deeper understanding of the potential of AI and quantum computing, enabling them to make more informed decisions, optimize operations, and drive growth. With a workforce of 1,700 in France, TCS seeks to expand its presence in the region, leveraging the knowledge of its 600,000 global staff to drive innovation and growth.

The “TCS Future-Ready eMobility Study 2025” found that 64% of consumers in Mumbai are likely or very likely to opt for an electric vehicle (EV) for their next purchase, marking a significant shift towards sustainable transportation. The study surveyed over 1,300 respondents across North America, the UK, Continental Europe, and the Asia-Pacific region. Key findings include:

* Sustainability emerged as a primary motivation for EV adoption, with 63% of influencers aiming to achieve net-zero goals by adopting EVs.
* Consumers are willing to spend up to $40,000 on an EV, but affordability and charging infrastructure remain critical barriers.
* 60% of consumers and 74% of manufacturers identified a lack of adequate charging networks as a key challenge.
* Regional disparities in EV adoption were notable, with 72% of U.S. consumers likely to opt for EVs, compared to 31% in Japan.
* Consumers prioritize range, with 41% seeking 200-300 miles per charge and 31% preferring 300-400 miles.
* Commercial fleets are more willing to pay a premium for EVs than traditional internal combustion engine vehicles.
* The industry faces challenges, including charging infrastructure, affordability, and technological advancements in battery performance.

Despite these challenges, the study highlights a positive outlook for the industry, with 90% of manufacturers believing improvements in battery range and charging speed will impact EV design and performance.

TCS’ flagship STEM education program, goIT, has expanded the scope of its monthly challenge to inspire a wider range of students to pursue careers in technology. The program, launched in 2013, aims to empower students from underrepresented communities to develop skills in computer science and related fields. The monthly challenges, which are now open to students of all grade levels and skill levels, will focus on various themes such as artificial intelligence, data science, and cybersecurity. This expanded focus will help bridge the gap between academic and industry requirements, ensuring that students are better equipped to tackle real-world problems. The program’s mission is to make STEM education more accessible and inclusive, promoting diversity and equal opportunities for all. With this updated approach, goIT aims to inspire a new generation of innovators and leaders in the tech industry, ultimately driving positive change in the world.

TCS (Tata Consultancy Services), a leading IT consulting and services company, is set to announce its Q3 earnings on January 10, 2023. The company’s performance is widely being tracked by the market, given its strategic importance as a bellwether for the IT industry. Here are some key trends and expectations to keep in mind:

* Revenue growth: TCS has a strong track record of reporting consistent revenue growth (4-5% QoQ) in the past. The company’s Q3 results are likely to follow this trend, with revenue expected to reach around $5.4-5.5 billion.
* Growth pace: TCS has been maintaining a steady growth pace in recent quarters, and Q3 is likely to see this momentum continue. The company’s strategy of investments in digital technologies, such as cloud, artificial intelligence, and automation, is expected to drive growth.
* Margin expansion: TCS has successfully managed to maintain its margins despite the global economic uncertainty, and Q3 results are expected to reflect this. The company’s net margin is likely to be around 20-21%.
* Client traction: TCS has seen strong client traction in the recent quarters, which is expected to continue. The company’s pipeline is expected to be robust, with a potential for new deals and upsells.

Overall, TCS Q3 earnings are expected to reflect the company’s resilience and growth potential in the IT services market.

The Indian rupee has depreciated to a record low, falling to 86 against the US dollar. This could benefit companies with a significant portion of their revenue coming from exports, such as IT companies like Tata Consultancy Services (TCS) and manufacturing companies like Reliance Industries, Vedanta, ITC, PI Industries, Trident, and Shree Renuka Sugars. These companies’ foreign exchange revenue may increase, offsetting the impact of currency depreciation. However, companies with significant import costs, such as oil marketing companies like Indian Oil Corporation (IOCL), Bharat Petroleum Corporation (BPCL), and Hindustan Petroleum Corporation (HPCL), may face a negative impact due to their foreign currency outflows. To mitigate exchange rate risks, companies often use a combination of natural and market hedges. The rupee’s depreciation may also impact the interest rate and make foreign currency liabilities more expensive. The rupee has lost 3.4% of its value over the last three months and is now the worst-performing currency in Asia, excluding the South Korean Won.

TCS CEO K Krithivasan attributed the company’s recent lackluster performance to clients deferring discretionary spends and seasonal effects. Despite this, he remains optimistic about 2025, expecting to surpass last year’s performance. Krithivasan addressed concerns about H-1B visas, noting that while the company does benefit from them, its dependence on H-1B visas is limited. He emphasized the importance of nearshore operations, citing the company’s thriving business in Mexico for North American clients.

Krithivasan also touched on the impact of technological shifts on the industry, highlighting the productivity gains achieved through automation and new tools. He emphasized TCS’s leadership in adopting these changes, having trained over 500,000 associates in GenAI. The CEO acknowledged the company’s Q3 performance was affected by seasonality and softer discretionary demand, but is confident that multiple geographies will return to growth in the medium term.

Tata Consultancy Services (TCS) is committed to staying at the forefront of the artificial intelligence (AI) revolution. As AI transforms industries, TCS is reskilling its workforce to harness this powerful technology. With the increasing demand for skilled professionals, TCS has reskilled over 300,000 employees on the foundational skills of AI/machine learning, including generative AI (GenAI). The company’s strategic road map emphasizes creating a culture of innovation, curiosity, and collaboration among employees to ensure they remain agile and adaptable in the face of new technological advancements.

TCS’s AI Experience Zone is an immersive environment that empowers employees to explore, engage, and experiment with leading-edge GenAI-powered applications. The company’s commitment to reskilling is not only about addressing immediate market demands but also about future-proofing its workforce. With its continuous investment in learning and development, TCS is ensuring that associates are equipped with the latest skills needed to drive innovation and deliver value to clients in a highly dynamic technological landscape. TCS’s goal is to bridge the skills gap and prepare its workforce and customers for the future, solidifying its position as a leader in the AI domain.

The Los Angeles wildfire has devastated a wide area, affecting affluent neighborhoods and destroying multi-million-dollar properties. The fire has also forced thousands of people to evacuate their homes. Several celebrities have been affected, including Paris Hilton, Billy Crystal, Mandy Moore, Adam Brody, and Leighton Meester. The wildfire has burned over 70 square kilometers across the areas of Palisades, Eaton, and San Fernando Valley. The damage has been further escalated by a new fire breaking out in the Hollywood hills, requiring additional evacuations. The rapid spread of the wildfire has left many without homes or properties, and the full extent of the damage is still being assessed.

Tata Consultancy Services (TCS) has declared its second-highest dividend ever in FY25. The company has announced an interim dividend of ₹24.50 per equity share, which amounts to 450% of its face value of ₹5.50, for the financial year 2025. This is the second-highest dividend paid by TCS since its initial public offering (IPO) in 2004. The company’s previous highest dividend was ₹25.50 per equity share in FY22. TCS is one of the largest IT consulting company in the world and is known for its high-performing business model and strong financial performance. The company’s dividend announcement is seen as a positive development, indicating its confidence in its financial performance and commitment to distribute a significant portion of its profits to its shareholders. The dividend will be paid on October 8, 2025, and will be credited to the demat accounts of shareholders on September 28, 2025.

The ePlane Company, an IIT Madras-incubated startup, has partnered with Tata Consultancy Services (TCS) to revolutionize urban mobility. The collaboration aims to leverage the ePlane Company’s innovative compact eVTOL (electric Vertical Take-Off and Landing) aircraft with TCS’s expertise in AI, data analytics, and IoT to tackle urban challenges such as congestion, inefficiency, and environmental impact. The partnership plans to showcase advanced aircraft designs and cutting-edge technologies, optimize air mobility systems through AI, IoT, and data-driven analytics, and position the companies as leaders in sustainable air mobility. The ePlane Company’s e200x eVTOL aircraft is designed to make intra-city commutes and cargo transport up to seven times faster, alleviating urban traffic congestion. The partnership will also involve co-developing tailored solutions for TCS clients and participating in innovation-focused events.

Tata Consultancy Services (TCS) is set to kick off the Q3 earnings season, with its results to be announced on January 11. The company is expected to report an 5.2-6.4% year-on-year revenue growth to Rs 63,710-64,500 crore, with estimates from four brokerages. The bottom line is expected to grow 8.1% in Q3 FY25, according to Motilal Oswal Financial Services (MOFSL), with Elara Capital expecting a 10% year-on-year growth. Nomura, JM Financial, and Kotak Institutional are also included in the estimates. The street will monitor TCS’ commentary on growth and deals, as well as trends in BFSI, and pricing environment. The company’s EBIT margin is expected to increase 110 basis points to 24.5%, with deal pipeline remaining healthy, particularly in BFSI. TCS had missed market estimates in Q2, citing margin dilutive projects in non-American regions. Revenues for Q2 also grew slower at 2.6%.

Indian IT companies, including TCS, Infosys, and Cognizant, are among the top beneficiaries of H-1B visas in the United States. According to reports, these companies account for a significant proportion of the total H-1B visas issued each year. In fact, Indian tech companies take a fifth of all US H-1B visas, with TCS, Infosys, and Cognizant leading the pack. The H-1B visa program allows US companies to temporarily employ foreign workers in specialty occupations, such as technology and engineering.

However, the H-1B visa program has been a subject of controversy in recent years, with some critics arguing that it displaces American workers and takes jobs away from locals. The Trump administration has also been critical of the program, and there have been efforts to reform or even abolish it. Despite this, Indian IT companies continue to rely heavily on H-1B visas to staff their US operations. In response to the controversy, some Indian IT companies have started to diversify their workforce and reduce their reliance on H-1B visas.

IT Minister Nara Lokesh announced that Tata Consultancy Services (TCS) will set up its base in Visakhapatnam’s Millennium Towers at Rushikonda, with an initial 2,000 employees. The state government will provide more land for construction of new buildings for IT companies. Lokesh praised the NDA government’s IT policy, which he believes will attract large-scale IT investments, making Visakhapatnam the IT capital. He criticized the previous YSRCP government, accusing them of neglecting North Andhra and failing to allocate land for the proposed railway zone. He also rebutted YSRCP’s claims about the Visakhapatnam Steel Plant, stating that the plant is facing financial difficulties but is being supported by the Centre and state governments, and that there is no plan to privatize it. He defended the NDA government’s track record, citing the reopening of Anna Canteens, pension increases, and the launch of the Deepam scheme in the first six months of the government, and contrasted it with the YSRCP’s failure to implement its own promises.

Analysts expect a sequential improvement in earnings for the third quarter, which will begin this week. Over 36 companies will announce their Q3 results, including marquee names like TCS, DMart, Mobikwik, and IREDA. The results will be declared across several days, with companies such as Emerald Finance, Samsrita Labs, and Longspur International Ventures announcing their results on January 6. Mobikwik, GM Breweries, and Krishna Ventures will report on January 7, followed by Transformers and Rectifiers, Vivid Mercantile, and Adarsh Mercantile on January 8. TCS, IREDA, and Tata Elxsi will report on January 9, while CESC, PCBL, and Equinox India will announce their results on January 10. DMart and Kandagiri Spinning Mills will declare their results on January 11.

TCS Q3 Results: Tata Consultancy Services (TCS) reported a 4.1% year-on-year (YoY) net profit growth to Rs 8,851 crore in Q3 (October-December 2021) compared to Rs 8,481 crore in the same period last year. The company’s revenue for the quarter stood at Rs 42,815 crore, a 4.1% YoY growth. The results were better than analysts’ expectations, with a 10-15% earnings per share (EPS) growth. The stock closed 2.6% higher on Friday.

Other market-moving factors this week:

1. FII (Foreign Institutional Investor) action: FII selling continues, but at a slower pace, which may impact the market’s direction.
2. Global cues: Investors will keep an eye on global market trends, with earnings season in the US and global economic growth concerns.
3. Currency: RBI’s monetary policy and inflation concerns may lead to currency volatility.
4. Economic indicators: Monthly auto sales, manufacturing, and IIP (Index of Industrial Production) numbers will be released, providing insights into the economic environment.
5. Equity market trends: The F&O (Futures and Options) market’s sentiment and positions will be crucial in determining the market direction.
6. Earnings season: More Q3 results from other companies are expected, with a mixed bag of performances likely.
7. Fiscal and monetary policy: Expectations around the Budget and RBI’s stance on inflation will influence market sentiments.
8. Geopolitical tensions: Ongoing conflicts and trade wars could impact global markets and sentiment.

These factors may dictate the market’s trajectory this week, with the TCS Q3 results serving as a positive start.

Tata Sons Chairman N Chandrasekaran has reiterated his commitment to transforming Air India into a world-class airline. At a recent discussion at the NIT Trichy Global Alumni Meet, he emphasized the importance of improving the airline’s hardware, flight experience, customer experience, technology, and overall performance. The Tata Group acquired Air India in 2022 for Rs 18,000 crore, and Chandrasekaran hopes to make it an “absolute top-class airline in the world.” He also jokingly asked the audience to encourage aircraft manufacturers Boeing and Airbus to speed up deliveries, given Air India’s massive order of 470 planes.

In a separate statement, Chandrasekaran spoke about the Tata Group’s plans to establish a semiconductor fabrication unit by next year, with USD 18 billion in investments in manufacturing, assembly, and testing. He emphasized the importance of a persistent and focused approach in the growing semiconductor industry, and highlighted the need for government support, investments, and academic collaboration. According to Chandrasekaran, thousands of companies are expected to emerge in the next 18-24 months, making an ecosystem for the industry crucial.

The Union Budget 2025 is expected to focus on simplifying the Tax Deduction at Source (TDS) and Tax Collection at Source (TCS) regime, making it easier for individuals and businesses to comply with tax laws. This comes after the government’s recent efforts to simplify the tax system, including the introduction of a self-declaration scheme for TDS and the e-way bill system for goods.

TDS and TCS are long-term sources of goverment revenue, and any amendment to the existing system can have a significant impact on tax collections. Union Finance Minister Nirmala Sitharaman is expected to look at further simplifying the TDS-TCS regime in this year’s budget, particularly for small and medium-sized enterprises (SMEs) and individual taxpayers.

Some of the potential changes that can be expected in the TDS-TCS regime include reducing the TDS rates, increasing the TDS threshold, and introducing a simplified online filing system for TDS returns. These changes can help to promote transparency, simplify compliance, and reduce the burden on taxpayers. The budget is likely to be presented on February 1, 2025, and the government’s decision on TDS-TCS will depend on various factors, including the state of the economy, revenue collection, and the need to promote business growth and development.

The Indian IT sector is preparing to announce its Q3 FY22 results, with Tata Consultancy Services (TCS), Infosys, Wipro, and other major players expected to share their earnings reports. After a challenging previous quarter, market analysts expect improved revenue growth, margin expansion, and robust growth in new projects. Here are some key performance indicators to look out for: revenue growth (15-16% year-over-year), profitability margins (14-15% operating margins for TCS, Infosys), and the trajectory of deal signing and ramping up new project revenues. Amidst concerns of supply chain constraints and labor market volatility, industry leaders may explore alternative strategies such as hiring digitally skilled professionals or exploring cost efficiencies. Furthermore, investors will pay attention to key verticals such as banking and financial services, healthcare, and manufacturing, and the progress on large deal announcements made during previous quarters. Q3 FY22 results are critical for these leading IT companies to maintain investor confidence and navigate industry trends amidst rapid technological transformations and global economic pressures.

Tata Consultancy Services (TCS), a leading IT consulting and services company, rose slightly on Wednesday but still underperformed the overall market. According to MarketWatch, the stock price increased by 0.4% to close at Rs 3,445.90 per share on the Bombay Stock Exchange. This gain was moderate compared to the broader market, which saw significant gains. The Nifty50 index, a benchmark for Indian stocks, surged by 1.2%.

Despite the stock’s modest gain, TCS shares have been facing pressure in recent days due to concerns over global economic uncertainty, trade tensions, and the ongoing COVID-19 pandemic. These factors have affected the company’s business prospects and led to a decline in investor confidence.

Analysts have revised their earnings expectations for TCS, citing weaker-than-expected growth in key markets such as the US and Europe. Despite this, TCS remains a leading player in the Indian IT sector, and its strong client relationships and expertise in digital transformation are expected to support its growth prospects in the long term.

Macquarie’s analysis of fiscal 2024’s H1-B visa issuance found that the visas were distributed among 61,000+ firms, with no single firm accounting for more than 2.7%. Indian IT firms rely heavily on H1-B visas due to challenges in hiring local technical talent in the US. The Professional and Technical Services segment had an unemployment rate of 2.9% in November 2024, indicating a tight labor market. Macquarie expressed concern over the proposed flat wage floor, citing regional cost-of-living differences across the US. Instead, the firm suggested converting the H1-B visa into a temporary, non-employer-specific work permit, similar to Norway’s skilled work permit system, to promote market competition and flexibility. This change would allow for more efficient allocation of talent and better adaptability in the growing tech industry.

The TCS FC Kohli Center on Intelligent Systems at IIIT Hyderabad provides research grants to support innovative projects with high-impact potential. The Kohli Challenge Proposal Scheme selects projects based on factors such as innovation, social impact, applied AI, and system complexities. Three projects received full funding, including the development of a low-cost, portable pediatric pneumonia detector, an AI-incorporated RF biosensor, and bat-like drones with dielectric elastomeric actuators.

The projects have led to the establishment of new research facilities and equipment, including a chip-characterization lab, electronic design and automation (EDA) lab, and AI-hardware labs. The grants have also enabled collaborations with other organizations and the securing of additional funding. For example, the project on developing a low-cost, portable pneumonia detector led to the establishment of a chip-characterization lab and the procurement of equipment, which has been used in other projects. The AI-hardware lab has developed hardware prototypes, including a low-cost in-house vector network analyzer. The bat-like drone project has also led to the development of a functional materials processing lab, which has increased confidence in the ability to handle sophisticated labs in an IT institute. Overall, the TCS grants have had a significant impact, not only on the immediate projects but also on the institutions’ research capabilities and funding opportunities.

In the Indian stock market, several top companies experienced significant changes in their market capitalization. ICICI Bank and Hindustan Unilever lost Rs 7,855 crore and Rs 3,912 crore, respectively, while HDFC Bank’s market cap decreased by Rs 3,852 crore. On the other hand, ITC and Reliance Industries gained Rs 9,318 crore and Rs 6,427 crore, respectively, taking their market caps to Rs 6.05 lakh crore and Rs 16.44 lakh crore, respectively. Reliance Industries remains the most-valued firm, followed by TCS, HDFC Bank, and others. The Indian benchmark indices, the Nifty 50 and Sensex, have risen for the ninth consecutive year, with the Nifty 50 increasing by 8.80% and the Sensex by 8.17% in 2024. Trent and Mahindra & Mahindra were the top performers in the Nifty 50, with Trent rising by 133.17% and Mahindra & Mahindra by 73.86%.

Ratan Tata’s 7 big decisions transformed India’s industries and global reputation. Under his leadership, Tata Group took bold steps that redefined their business landscape and forged global recognition. Here are 7 pivotal decisions that became turning points for India’s business:

1. Tata Motors’ JLR acquisition: In 2008, Tata Motors acquired Jaguar and Land Rover, turning the company into a global player in the automotive industry.
2. Tata Steel’s global expansion: Ratan Tata expanded Tata Steel’s operations globally, establishing plants in China, the UK, and other countries.
3. TCS’ IT services expansion: Tata Consultancy Services (TCS) ventured into IT services, making it one of India’s top IT companies.
4. Mobile telephony foray: Tata Teleservices entered the mobile telephony market, offering competitively priced services to the masses.
5. Air excellence accreditation: Singapore Airlines and Tata Airways merged, establishing a world-class airline with global recognition.
6. Johnnie Walker India: The scotch whisky brand was launched, making India a significant market for the global brand.
7. Tata Coffee’s global presence: Tata Coffee expanded globally, acquiring coffee brands like Eight O’ Clock Coffee and Disa Foods.

Ratan Tata’s visionary leadership and strategic decision-making enabled Tata Group to become a global player, tributing to India’s economy and international reputation. These 7 decisions solidified India’s position on the global business map.

The Kohli Challenge Proposal Scheme, established by TCS, is an endowment that funds and drives ambitious research projects with high impact and long-term relevance. The scheme selected three projects, which received full funding support, including the development of DEA (Dielectric Elastometric Actuator) birds or bird-like drones, healthcare applications, and AI-incorporated RF biosensor prototypes.

One of the projects, Mission Parikshit, aimed to develop a low-cost, reliable, and fast handheld pediatric pneumonia detector. The grant helped set up a chip-characterization lab, electronic system design, and electronic design automation (EDA) labs, and facilitated the procurement of essential equipment and tools. This led to the development of new research areas and attracted other funding, such as 23 lakhs from DST and 3.12 crore from MeiTy.

Another project, the RF Biosensor, aimed to design an AI-incorporated biosensor prototype to detect specific biosamples. The grant helped establish bioelectronics and AI-Hardware Labs, procuring vital equipment and upgradng facilities. This project also attracted other funding, including DST-PURSE and c2s MieTy.

The Bat-Like Drones project aimed to design and fabricate flexible flapping wing-powered drones. The grant helped procure material processing equipment, which is still being actively used in various projects. This project also attracted other funding, including the PURSE grant from DST.

Overall, the Kohli Challenge Proposal Scheme has facilitated interdisciplinary research and stimulated cross-disciplinary and product-driven research within the Institute, resulting in innovative outcomes and attracting other funding.

TCS’ CEO Vinod Kumar spoke about the challenges in the adoption of AI and generative AI technologies in enterprises. He emphasized the need for a cohesive AI strategy that balances value, complexity, and risk. He also highlighted the importance of getting multiple teams together to create a common vision. However, he noted that a small percentage of use cases are actually going into production due to a lack of engineering to a company’s needs or the absence of organizational changes to support AI deployment.

TCS has been investing in R&D, with a consistent 1.2% of its annual net revenue spent on research and development. While there is no exponential jump in this figure expected, TCS is using its R&D expenditure to develop solutions that make AI more palatable to enterprises. Vinod Kumar identified six key fields that define technical innovation demand, including sensing technologies, quantum and neuromorphic computing, data management and security, 6G technologies, AI knowledge management, and new human-computer interfaces. He also highlighted the need for AI models to be more adaptive, predictable, and explainable, and the importance of knowing when not to use generative AI.

Tata Consultancy Services Limited (TCS) has received two separate orders from the Indian tax authorities. The first order, from the Joint Commissioner, CGST Noida, demands a tax of ₹1,37,70,683/- for FY2017-18 to FY2020-21 and a penalty under Section 74(1) of the CGST Act, 2017. The second order, from the Additional Commissioner, Grade 2, Appeal 3, State Tax, Noida, disallows Input VAT and levies a penalty of ₹11,04,895/- under Section 54(1) of the Uttar Pradesh VAT Act, 2008 for FY2015-16. TCS has stated that it will appeal against both orders before the appropriate authorities. These orders were disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Tata Group, a global business giant, plans to create half a million new jobs across various sectors over the next five years. The company’s chairman, N Chandrasekaran, expressed optimism for the future, highlighting the potential of AI-led breakthroughs in healthcare and mobility. The new job opportunities will be distributed across sectors such as semiconductors, electric vehicles, solar equipment, and other critical hardware industries. The company currently employs over a million people, with Tata Consultancy Services (TCS) making up 60% of the workforce.

Tata Group has recently started building seven new manufacturing facilities, including India’s first semiconductor fab in Dholera, Gujarat. The company’s combined revenue for FY24 crossed $165 billion, with a net profit exceeding $10 billion. Chandrasekaran paid a heartfelt tribute to Ratan Tata, the company’s former chairman, in his year-end note. He emphasized the company’s commitment to India’s future and highlighted the potential of AI-led breakthroughs in healthcare and mobility to help humanity.

Tata Consultancy Services (TCS) has expanded its partnership with Bank of Baroda, India’s second-largest public sector bank, to continue implementing an end-to-end financial inclusion solution for the next five years. The solution can process 12 lakh transactions per day and will assist 55,000+ agents in providing better service to over 6 million customers in unbanked areas. The deal is a part of the 15-year partnership between the two companies. TCS will deploy its TCS Financial Inclusion Gateway Solution, which will provide central infrastructure, application support, and maintenance, as well as manage change management services. The solution will process various transactions, including banking services, financial and non-financial transactions, and government insurance and pension schemes. The partnership aims to continue bridging the financial gap for unbanked and underserved populations. The financial details of the deal were not disclosed.

BSNL’s 5G services are on track for launch, with Tata Consultancy Services (TCS) confirming that the rollout of both 4G and 5G services is progressing smoothly. TCS has assured users that the high-speed, fully indigenous networks, developed with Tejas Networks, will be available soon. The rollout is expected to bring faster connectivity to millions of users. India’s Telecom Minister Jyotiraditya Scindia confirmed that BSNL will roll out 4G services across one lakh base stations by May 2025, with 5G services following in June 2025. The government has emphasized that BSNL’s 4G and 5G networks will be entirely indigenous, developed with Indian technology and infrastructure. TCS has denied any delays in the project, which is expected to be completed within a 24-month timeline. The company is collaborating with Indian and international telecom partners to ensure the successful deployment of BSNL’s high-speed network. A significant announcement about the 4G-5G services is expected soon, which could provide further details about the upcoming launch.

Tata Consultancy Services (TCS) has announced that BSNL’s 4G and 5G network rollout is on track and expected to launch on schedule. The news has brought relief to millions of BSNL users who have been frustrated with network connectivity issues. According to TCS, the rollout is expected to happen by May 2025 for 4G and June 2025 for 5G. The service will be activated at 100,000 base stations, making it a major game-changer for the country. The project is being implemented by TCS and Tejas Networks, leveraging their expertise and advanced technologies. Mukesh Ambani’s Jio, which has been facing competition from BSNL, may face increased competition if TCS is successful in its rollout. BSNL’s 4G and 5G services will be entirely indigenous, meeting the government’s commitment to promote domestic technology. The news has given customers hope that they will soon be able to enjoy high-speed internet connectivity, which could lead to a significant shift in the country’s telecom market.

The rollout of BSNL’s 4G and 5G services is expected to launch on schedule, bringing relief to millions of users. According to an announcement from Tata Consultancy Services (TCS), the project is progressing as planned, and the deadline of May 2025 for 4G services and June 2025 for 5G services will be met. TCS has assured that the implementation is on track, despite earlier concerns of delays. The project is being developed in collaboration with Tejas Networks, and TCS is working with Indian and international telecom partners to ensure a successful deployment. TCS has denied any delays, saying that the work is progressing at full speed and will be completed within the 24-month timeline. There is also a hint that BSNL may make a significant announcement regarding its 4G-5G services, further building anticipation among users. The Indian government has emphasized the importance of indigenous networks, with BSNL’s 4G and 5G networks being developed entirely in India.

The Indian stock market opened flat on Wednesday, with the Sensex and Nifty trading little changed after a recent rally. The S&P BSE Sensex was up 2 points at 41,553.44, while the Nifty was flat at 12,358.40. However, Tata Consultancy Services (TCS) gained 1% in early trade, supporting the market’s rise. The IT major was the top gainer, with a rise of 1.13% at 2,415.20. Other gainers included ICICI Bank, Axis Bank, and State Bank of India. The market had rallied over the past few days, driven by positive cues from global markets and macroeconomic data. However, the rise seemed to have lost steam, with many cues tightening in recent days. The country’s GDP growth figure for the second quarter is expected to be announced later in the day, which may also impact market sentiments. Meanwhile, Asian markets were mixed, with the US dollar holding steady against major currencies.

Tata Consultancy Services (TCS) has released its 2025 Cybersecurity Outlook, highlighting key trends and focus areas for organizations to navigate the evolving threat landscape. The report identifies seven focus areas, including the influence of generative artificial intelligence (GenAI) in cybersecurity, cloud security, and supply chain resilience. GenAI is transforming operations but also being exploited by cybercriminals, requiring organizations to deploy GenAI-powered threat detection and response systems. Cloud security remains crucial, with a focus on encryption, access controls, and continuous monitoring. Supply chain resilience will be essential due to changing geopolitics and partner ecosystems. The report also highlights the need for secure by design approaches, Cybersecurity Mesh Architecture, automation-first approaches to Managed Detection and Response, and a focus on cyber resilience. With over 16,000 cybersecurity professionals, TCS helps over 600 enterprises protect their digital estate and improve their security posture. The report emphasizes the importance of a robust and proactive cyber resilience strategy to navigate and mitigate unforeseen cyber incidents.

This week’s tech news saw various developments, including Amazon’s plan to restrict Prime Video usage in India, starting January 2025, limiting the number of devices that can stream content simultaneously under a single account. Google laid off 10% of its top management, while TCS plans to increase its hiring of fresh graduates in the upcoming fiscal year. Infosys launched a new development center in West Bengal, which is expected to attract further IT investment to the state.

Realme introduced its latest 5G smartphone, while OpenAI made ChatGPT accessible via phone and WhatsApp. Amazon also postponed its mandatory return-to-office policy for corporate employees due to insufficient workspace. Ola CEO Bhavish Aggarwal expressed dissatisfaction with employees’ attendance, while Apple and Meta are engaged in a feud over user privacy and security.

Other news includes Google naming a new India chief, Preeti Lobana, and Dell CEO Michael Dell advising employees to work smarter, not harder. Reliance Jio launched a new Bluetooth tracker, JioTag Go, and SEBI banned a YouTube influencer for operating an unregistered investment advisory business.

As 2024 comes to a close, experts from Tata Consultancy Services (TCS), Fortinet, and ESDS have predicted the top cybersecurity trends for 2025. They expect an increase in the exploitation of generative artificial intelligence (genAI) for cyberattacks, but also for threat detection and response systems. Cloud security will be a critical concern, with organizations needing to implement strong security protocols and configurations to prevent unauthorized access and breaches. The concept of “secure by design” will rise, with companies integrating cybersecurity measures into their products and services. Additionally, experts anticipate a focus on robust cyber resilience strategies, including regular backups, incident response plans, and business continuity measures. Other trends include the growth of Cybercrime-as-a-Service, the need for flexible and resilient supply chains, and an “automation-first” approach to cybersecurity. The experts warn that organizations must be prepared to counteract these threats, harnessing advancements in genAI and other technologies to stay ahead of the curve.

India’s top IT firms, Tata Consultancy Services (TCS) and Infosys, have acquired over $100 million in clients from prominent American clients. As of 2022, these companies have achieved remarkable success in the global market. These deals have been infused with growth, lifting the Indian IT sector to new heights.

According to reports, TCS has won the largest deal worth $455 million, while Infosys has secured a $300 million contract. These massive deals are a testament to the quality and reliability of Indian IT services, as well as the adaptability of these companies to new and emerging trends. These achievements indicate a strong push towards digital transformation and the increasing demand for automation, artificial intelligence, and cloud computing.

This significant growth in business has enhanced the reputation of Indian IT firms globally, drawing in more international clients. Successful deals can, in turn, help Indian companies further strengthen their foothold in the competitive IT landscape and set the tone for continued success in the years to come.

The Indian IT industry’s top outsourcing firms, TCS and Infosys, have been leading the way in landing contracts worth $100 million or more with global clients. According to a recent report, these two companies have managed to secure contracts valued at over $100 million, while their competitors continue to lag behind.

TCS, in particular, has been riding high with a whopping 40% of its total contracts worth $100 million or more, indicating a significant number of large-scale deals. Infosys, on the other hand, has secured a notable 20% of its contracts in this range, pushing its revenue growth.

The report highlights the growing reorganization of the global IT market, with clients actively seeking customized and bundled services from top-tier providers. The shift in demand is driving increased focus on high-value, strategic partnerships, with Indian IT companies like TCS and Infosys well-positioned to capitalize on this trend.

The remaining Indian IT major, Wipro, has struggled to make a similar impact, securing only about 10% of its contracts in the $100 million+ category. The report emphasizes the importance of clients’ preferences for top-tier providers that can deliver premium services and strategic value.

TCS has sold a 30% stake in its South African subsidiary, Tata Consulting Services South Africa (PTY) Limited, to an unnamed South African-based partner for a consideration of approximately ₹28.29 crore (around $3.8 million). This strategic move aims to comply with the local ownership requirements and regulations in South Africa, which demand that at least 30% of a company’s shares be owned by locals.

The divestment is seen as a crucial step to meet the local ownership requirements in South Africa, which would enable TCS to participate in tenders and large-scale contracts. The remaining 70% stake will continue to be owned by Tata Consultancy Services Limited, a global IT consulting company.

The deal is significant as it marks a shift in the company’s global strategy, focusing on localized ownership structures to strengthen its presence in the South African market. The move demonstrates TCS’s commitment to adapting to local regulations and expanding its footprint in key markets around the world.

Pandemic-era giant deals have returned to the Indian IT sector, with TCS and Infosys onboarding 12 clients worth $100 million or more each. Wipro and HCLTech have seen slower growth, adding 7 clients in this category. By the end of the 2023-24 fiscal year, TCS will have 62 clients in this category, while Infosys will have 40, and Wipro and HCLTech will have 22 each. Industry analysts attribute this growth to the consolidation of competitor projects and the need to win over existing clients. However, winning these large deals remains a challenge, with companies like Wipro and HCLTech struggling to replicate their pre-pandemic success. IT firms have acknowledged a deceleration in large deals, citing limited discretionary spending due to the Russia-Ukraine conflict and potential recession concerns. While TCS, Infosys, and Wipro gained numerous clients in this segment during the pandemic, growth slowed subsequently, with revenue growth declining before stabilizing in the latter part of the 2023-24 financial year.

Tata Consultancy Services (TCS) has extended its partnership with Bank of Baroda for 5 years to deploy its TCS Financial Inclusion Gateway Solution, providing central infrastructure and application support. The deal builds on a nearly 15-year partnership and aims to provide financial services and government schemes to the unbanked population. The application can process 12 lakh transactions daily and will help the bank’s 55,000+ agents serve over 6 crore customers in unbanked areas. TCS will provide hardware and software infrastructure, application support, and maintenance, as well as manage services in change management. The solution will ease transactions such as Aadhaar and Debit card-based transactions, insurance, and pension schemes. The partnership aligns with the government’s vision of making India self-reliant. Vimal Kumar Negi, General Manager, Financial Inclusion and Corporate Social Responsibility, Bank of Baroda, emphasized that the partnership will help bridge the financial gap for unbanked populations. Manoj Indulkar, Vice President and Operations Head, India Business, TCS, expressed pride in the partnership and commitment to delivering innovative improvements to better serve unbanked customers.

Tata Consultancy Services (TCS) plans to increase its hiring of fresh graduates from engineering campuses in the upcoming fiscal year, exceeding its current year’s commitment of 40,000. The decision is driven by optimistic growth projections, with the company expecting robust growth in certain business verticals. TCS is also increasing its focus on hiring higher-level professionals and investing in training students during their final semesters to make them industry-ready upon graduation. The company is leveraging AI to streamline recruitment processes, enhance employee support, and develop talent. TCS is also implementing a return-to-office policy, encouraging employees to work from the office five days a week to foster a stronger workplace culture. The company does not foresee a significant reduction in hiring volumes due to the growth of global capability centers (GCCs), as they will continue to rely on IT service providers like TCS for specialized services and expertise. Overall, TCS is optimistic about its growth prospects and plans to continue investing in early talent development and AI-driven hiring processes.

Tata Consultancy Services (TCS) has introduced a comprehensive AI lifecycle platform to help ensure responsible AI deployment. With the increasing demand for AI solutions, TCS claims that 2025 will be the year AI becomes mainstream. The company says that AI will shift from chatbots and agents to agentic AI, where multiple agents work together to determine an action. AI must be safe, secure, and used in an ethical manner, as specified in TCS’ Five Tenets of SAFTI (Security, Accountability, Fairness, Transparency, and Identity Protection) framework. The company aims to ensure responsible AI is built and deployed using “5 A’s” approach: Assess, Analyze, Align, Act, and Audit. TCS uses various tools to evaluate AI models, including ensuring data is bias-free, testing for toxic content generation, and implementing governance reviews. The company also aims to expand its responsible AI framework to hyperscalers beyond AWS environments.

Rammohan Gourneni, Country Head of TCS France, expresses pride in being recognized for the sixth consecutive year as a leader in customer satisfaction and digital transformation. This achievement highlights TCS’s ability to combine innovation with a deep understanding of clients’ needs. The “glocal” model, which balances global expertise with local relevance, has shown its efficiency in delivering value, agility, and excellence. TCS’s strategy includes investing in local talent, opening delivery centers, and fostering collaboration across the ecosystem to position itself as the preferred partner for growth and digital transformation. This recognition comes at a time of challenging international financial context, and Gourneni believes it underscores TCS’s ability to navigate these challenges while continuing to deliver value to clients.

TCS (Tata Consultancy Services) has completed the first phase of the refurbishment of its new Leeds office building, which is set to become a key hub for the company’s operations in the region. The refurbishment project is part of TCS’ expansion plans, which aim to create a modern and innovative workspace that reflects the company’s global standards.

The first phase of the refurbishment has involved renovating the building’s exterior and interior, including the reception area, meeting rooms, and office spaces. The new design is designed to be more agile and collaborative, with flexible workspaces and state-of-the-art technology amenities. The renovation also includes a range of sustainability features, such as energy-efficient lighting and HVAC systems, and a focus on reducing waste and minimizing environmental impact.

The new Leeds office is expected to be fully operational in the coming weeks, with a total of 400 employees relocating from other sites in the city. The refurbishment is seen as a significant investment in the region, creating new job opportunities and contributing to the local economy. TCS’ expanded presence in Leeds is expected to attract new clients and talent to the area, further boosting the city’s growth.

Tata Consultancy Services (TCS) has been ranked #1 for customer satisfaction in the 2024 French IT Sourcing Study by Whitelane Research, marking the sixth consecutive year it has achieved this recognition. The study surveyed over 200 business leaders from France’s largest enterprises, evaluating the performance of IT service providers across key areas. TCS achieved an overall satisfaction score of 83%, significantly outperforming the industry average by 8%. The company’s strong performance was driven by its commitment to innovation, customer-centric solutions, and measurable business outcomes. TCS received high scores in service delivery, account management quality, and price level, as well as in key IT service categories, including digital transformation, application services, and workplace services. The study also highlighted the growing importance of IT partnerships in driving business outcomes, with 71% of respondents recognizing the role of IT providers in driving innovation, and 53% emphasizing the importance of IT providers in enabling their organizations to focus on core business functions. TCS’ investment in AI, its AI Center of Excellence at TCS Pace Port Paris, has also been successful in prototyping and scaling AI-powered solutions, leading to tangible business results. With over 80 partnerships with leading French corporations, TCS is well-positioned as the preferred partner for digital transformation, growth, and sustainable innovation in France.

Tata Consultancy Services (TCS) has partnered with Landis+Gyr, a leading energy management solutions company, to provide innovative energy-efficiency solutions for utilities. Over the next three years, TCS will integrate its energy and emission management system, TCS Clever Energy, with Landis+Gyr’s smart metering and grid management technologies. This partnership will enable utilities to offer end-to-end energy efficiency solutions to their commercial and industrial clients, helping them achieve sustainability targets and reduce carbon emissions. The combined capabilities will include real-time energy optimization, demand response, and smart EV charging, making it easier for utilities to integrate renewable energy sources, optimize existing infrastructure, and improve grid flexibility. With this partnership, Landis+Gyr and TCS aim to help utilities comply with new Swiss regulations and support the global efforts to achieve carbon neutrality.

Tata Consultancy Services (TCS) has partnered with Landis+Gyr, a Swiss energy management firm, to develop advanced energy efficiency solutions. The three-year collaboration will combine TCS’ Clever Energy platform with Landis+Gyr’s metering and grid management technologies to create comprehensive energy management tools. These solutions will help clients improve sustainability, operational efficiency, and reduce carbon emissions. The partnership will also support utilities in adapting to increasing regulatory pressures, integrating renewable energy, and optimizing existing infrastructure. Advanced technologies such as IoT, AI, and machine learning will be used to create a future-ready, sustainable ecosystem. The initiative aligns with new Swiss regulations requiring companies to report on their climate impact and CO2 emissions. TCS Clever Energy has already helped organizations in over 10 countries reduce emissions by 250,000 metric tonnes.

Tata Consultancy Services (TCS) has been recognized as the #1 provider of IT services in France, according to the 2024 French IT Sourcing Study by Whitelane Research. The company received an overall satisfaction score of 83%, significantly outperforming the industry average by 8%. This marks the sixth consecutive year that TCS has received this recognition. The study evaluated the performance of IT service providers across key areas, including Digital Transformation, Application Services, and Workplace Services. TCS ranked first in these categories, with scores of 84%, 83%, and 77% respectively. The study also highlighted the growing importance of AI in driving business outcomes, with 71% of respondents believing that AI will significantly impact productivity in application services. TCS has established an AI Center of Excellence in Paris to support businesses in navigating AI-driven transformation. The company has a significant presence in France, partnering with over 80 leading French corporations and reinforcing its role as a trusted partner for digital transformation, growth, and sustainable innovation.

The Tata group, a prominent business conglomerate, has a significant presence in the list of India’s most valuable companies, known as the BT500. The group boasts an impressive 16 firms, spanning various industries. The list of companies under the Tata group includes IT giant TCS, automobile manufacturer Tata Motors, steel giant Tata Steel, and retailer Trent, among others. The presence of these 16 companies indicates the significant impact and influence the Tata group has on the Indian economy.

The Bank of Bhutan has partnered with Tata Consultancy Services (TCS) to modernize its core banking technology infrastructure. The partnership aims to improve the bank’s digital capabilities, enhance customer experience, and increase operational efficiency. The project involves implementing TCS BaNCS, a comprehensive core banking solution, to replace the bank’s existing legacy systems. The new system will provide a single, integrated platform for all banking operations, including retail and corporate banking, payments, and treasury management. The solution will also enable the bank to offer a range of digital banking services, including mobile banking, internet banking, and card-based transactions. The modernization project is expected to enhance the bank’s competitiveness, improve customer service, and reduce operational costs. With TCS BaNCS, the Bank of Bhutan will be able to provide a more personalized and convenient banking experience to its customers, while also staying ahead of the evolving digital landscape in the banking industry.

Tata Consultancy Services has released its 2025 Cybersecurity Outlook, highlighting key trends and focus areas for organizations to effectively navigate the evolving threat landscape. The report identifies four key areas of focus for 2025: 1) the growing influence of generative artificial intelligence (GenAI) in cybersecurity, which is both enhancing operational efficiencies and creating new attack vectors for cybercriminals; 2) the continued importance of cloud security, with organizations needing to implement strong security protocols to protect against unauthorized access and breaches; 3) the need for resilient supply chains, which will be critical for maintaining operational integrity in the face of geopolitical changes and partner ecosystems; and 4) the importance of securing business models, with the growth of IoT devices requiring stronger device hardening, secure communication channels, and ongoing vulnerability assessments.

According to TCS’s Global Head of Cybersecurity, Ganesa Subramanian Vaikuntam, organizations must harness advancements in AI and other technologies to stay ahead of cyber threats and maintain a robust and proactive cyber resilience strategy.

Tata Consultancy Services (TCS) is building a facility in the Madhurawada IT Special Economic Zone (SEZ) after Dallas Technology Centre (DTC) proposed leasing its premises to TCS. The state government has confirmed the proposal and issued a government order. DTC has requested an occupancy certificate, permission to sub-lease the premises to TCS, and an additional 1,600 square meters of space at the original rate. The plot was originally allocated to DTC in 2016, but the project had several extensions and is now nearing its final deadline of August 9, 2026. DTC plans to employ 2,000 IT professionals in Phase I of the development, but the current facility can only accommodate 1,400 employees. The State Investment Promotion Board has endorsed a special package for DTC, and the government has directed relevant departments to expedite the implementation of the project. The TCS facility will be a significant step for the region’s IT sector, creating employment opportunities and boosting the local economy.

According to Tata Consultancy Services (TCS), their 2025 Cybersecurity Outlook highlights key trends and areas of focus for organizations in the coming year. Chief among these are the influencer of generative AI (GenAI) on cybersecurity, cloud security and supply chain resilience. Expert Ganesa Subramanian Vaikuntam notes that GenAI advancements must be accompanied by investment in threat detection and response systems. Other trends will include cloud security protocols’ enhanced importance as cloud computing adoptions grow, the integration of Cybersecurity Mesh Architecture for zero-trust measures, an automation-first strategy for managed detection and response, and the focus on cyber resilience strategies, fostering a culture of preparedness and proactive measures to offset emerging threats.

To combat the growing threat of GenAI-powered cyberattacks, Tata Consultancy Services (TCS) suggests using GenAI-powered systems to detect and respond to threats. This approach, known as “fighting fire with fire,” can help defend against threats such as deepfakes, phishing, and malware. TCS predicts that GenAI, cloud security, and supply chain resilience will be crucial for managing cybersecurity risks by 2025. To ensure effective cloud security, organizations must implement robust protocols such as encryption, access controls, and continuous monitoring. Additionally, organizations transitioning to hybrid or multi-cloud environments must adapt their security measures to protect sensitive data.

TCS also highlights the importance of flexible and resilient supply chains, as well as the growing shift towards Cybersecurity Mesh Architecture (CSMA) and zero-trust security models. By 2026, large enterprises are expected to consolidate their security tools and adopt zero-trust methods. To achieve this, organizations will need integrated platforms to automate and orchestrate cybersecurity measures effectively. TCS anticipates a rise in the adoption of an “automation-first” approach to Managed Detection and Response (MDR) by Chief Security Officers (CSOs).

The report “TCS 2025 Cybersecurity Outlook” by Tata Consultancy Services highlights the need for businesses to adapt to evolving cyber threats by embracing new technologies like artificial intelligence (AI) and prioritizing cloud security. The report identifies key trends that will shape the cybersecurity landscape in the coming year, including: using AI for defense, prioritizing cloud security, and implementing security by design for new business models. Other key findings include the importance of supply chain resilience, zero trust security, and an automation-first approach to managed detection and response. The report also stresses the need for regular backups, incident response plans, and business continuity measures to minimize downtime and disruptions from cyberattacks. According to Ganesa Subramanian Vaikuntam, Global Head of Cybersecurity at TCS, organizations must proactively invest in security measures and adopt new technologies like AI to stay ahead of cyber threats.

Tata Consultancy Services (TCS) has released its 2025 Cybersecurity Outlook, highlighting key focus areas for organizations to prepare for the evolving cyber threat landscape. The report emphasizes the need for organizations to prioritize cybersecurity investments and adapt to emerging trends, such as generative artificial intelligence (GenAI), cloud security, and supply chain resilience. The report outlines seven key areas of focus:

1. GenAI’s influence on cybersecurity, which will lead to the use of GenAI-powered threat detection and response systems.
2. Cloud security, with a focus on encryption, access controls, and continuous monitoring for multi-cloud and hybrid environments.
3. Elastic supply chains, which will require organizations to develop proactive strategies to adapt to changing geopolitics and partner ecosystems.
4. Secure by design, with a focus on securing new business models, such as IoT devices and connected factories.
5. Cybersecurity Mesh Architecture (CSMA), which will enable zero-trust security and end-to-end security automation.
6. “Automation-first” approach to Managed Detection and Response (MDR), combining various security components to detect and respond to emerging threats.
7. Cyber resilience, which will require organizations to focus on regular backups, incident response plans, and business continuity measures.

TCS’s report emphasizes the need for organizations to develop a robust and proactive cyber resilience strategy to address the increasing complexity of cyber threats. With over 16,000 cybersecurity professionals on its roster, TCS offers a range of services, including consulting, implementation, and managed security services to help organizations protect their digital estate and improve their security posture.

The job market is constantly evolving, and graduates need to be equipped with essential skills to succeed. Tata Consultancy Services (TCS) is offering a 15-day free digital certification course, TCS iON Career Edge – Young Professional, to help students prepare for the workforce. The course aims to enhance core employability skills, such as communication, collaboration, business etiquette, financial, and digital literacy, to help students stand out in the job market. The course covers 15 modules, including presentation and communication skills, resume writing, group discussion skills, and accounting fundamentals. The course also covers IT foundational skills, an overview of artificial intelligence, and assessment methods. The course uses self-paced eLearning content, videos, and case studies to facilitate learning. The course is ideal for students preparing to enter the professional workforce and want to be better prepared for the demands of the job market. Interested candidates can visit the official website to learn more and register for the course. The course is free and duration is 15 days, making it a valuable resource for students looking to develop essential skills for their future careers.

Tata Group, a prominent Indian business conglomerate, is on track to list its next company, Tata Technologies, in the near future, following the successful IPO of Tata Consultancy Services (TCS) in 2004. The company’s engineering, procurement, and construction (EPC) division, Tata Projects, has expressed interest in listing within the next 12-18 months, with a goal of becoming “fit” financially, generating cash of 4-5% on its revenue. As of March 31, 2024, Tata Sons held a 57.31% stake in Tata Projects, making it the company’s largest shareholder. According to its CEO, the company is expecting a significant increase in order intake, net profit, and revenue in the current fiscal year. With an outstanding order book of over Rs 40,000 crore, Tata Projects is poised for growth and expects to complete the Noida International Airport project next year.

Tata Consultancy Services (TCS) has announced the opening of its annual GoIT Global Innovator of the Year (IOTY) competition, which is now accepting entries from students aged 6 to 17. The competition encourages students to submit their innovative ideas to address global challenges aligned with the United Nations’ Sustainable Development Goals (SDGs). The competition aims to empower young people to solve problems on a global scale and develop their skills in technology and social innovation. The top entries will progress to a global judging round, with winners receiving awards and support to bring their ideas to life.

The competition is part of TCS’s GoIT program, which aims to inspire students to develop skills in science, technology, engineering, and math (STEM) subjects and computer science. The program has been running for over 20 years and has engaged students from diverse backgrounds with its industry-developed curriculum. The deadline for submissions is December 31, 2024, at 11:59 pm (entrant’s local time). Educators, students, and parents can find more information on the program’s website.

TCS InQuizitive 2024, a national-level quiz competition, has crowned Aditya KB, a Class 9 student from Kerala, as the national champion for the second consecutive year. Aditya, who has made history by becoming the first student to win the title twice, demonstrated exceptional knowledge and skills in various subjects, including science, history, literature, and more. The competition, which was held online, saw participation from over 10,000 students from across the country. Aditya’s victory is a testament to his hard work and dedication to learning. The TCS InQuizitive 2024 competition aims to promote critical thinking, problem-solving, and analytical skills among students. The event is a part of TCS’s efforts to encourage students to develop a love for learning and to foster a culture of innovation and entrepreneurship. Aditya’s achievement is a source of inspiration for students across the country, and he will receive a cash prize and a trophy for his outstanding performance.

Source: https://www.bizindustry.in/post/tcs-inquizitive-2024-crowns-class-9-student-from-kerala-aditya-kb-as-national-champion-for-the-sec

Ratan Tata, the former chairman of the Tata Group, has passed away at the age of 86, marking the end of an era in Indian business. He transformed the Tata Group into a global powerhouse through strategic acquisitions and reforms, and his legacy extends beyond business to his personal relationships with fellow leaders. NR Narayana Murthy, co-founder of Infosys, shared a close friendship with Ratan Tata, despite being competitors. Murthy remembers Tata as a giant among Indian industrialists, with qualities such as competence, humility, courtesy, curiosity, and decency. He recounts a memorable moment when he invited Tata to inaugurate the Jamshedji Tata Room at Infosys, reflecting Tata’s humility and clarity of thought. Tata’s response showed that he prioritized Jamshedji’s legacy over business rivalries. Murthy’s tribute paints a picture of Ratan Tata as a humble and curious leader who respected his peers and carried his success with dignity. The two leaders’ friendship was celebrated when Murthy presented Tata with a Lifetime Achievement Award, with a touching moment where Murthy touched Tata’s feet on stage, demonstrating that respect and admiration can transcend professional competition.

Source: https://economictimes.indiatimes.com/magazines/panache/when-ratan-tata-asked-narayana-murthy-tcs-is-your-rival-why-you-invited-me-to-infosys-event/articleshow/114110536.cms?from=mdr