Tag: tcs

Middle East conflict, rising oil prices threaten to slow India IT growth to 2–3% in FY27
Posted in Economy

Middle East conflict, rising oil prices threaten to slow India IT growth to 2–3% in FY27

New Delhi: India’s IT services sector is facing a disruption as the Middle East conflict threatens to slow tech spending and freeze expansion plans in…

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Union Budget trims TCS, simplifies TDS to ease burden on taxpayers
Posted in Economy

Union Budget trims TCS, simplifies TDS to ease burden on taxpayers

The budget has made an effort to simplify tax collection by proposing threshold and rate changes in tax collected at source (TCS), offering significant relief…

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Posted in Economy

Budget 2026-27: Budget 2026-27: High compliance burden, limited access to capital drag manufacturing growth, as per survey

New Delhi: Industry stakeholders have flagged high compliance burden, logistics and energy costs, and limited access to long-term capital as main constraints for manufacturers, according…

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Posted in Economy

Union Budget 2026: Make in India tops industry wish list amid execution worries

Indian companies are looking to the Union Budget 2026 for answers on growth, with the Budget, to be presented by Finance Minister Nirmala Sitharaman on…

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A TCS-OpenAI deal would also mark the beginning of Stargate in India. (Reuters)
Posted in Business

TCS, OpenAI said to be in advanced talks to build AI infrastructure in India| Business News

OpenAI is said to be in advanced talks to partner Tata Consultancy Services Ltd. to build AI infrastructure in India. That’s seen as a win-win…

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VC Lightspeed joins race for stake in cloud infra startup Neysa
Posted in Startups

VC Lightspeed joins race for stake in cloud infra startup Neysa

Venture capital firm Lightspeed has entered the fray to pick up a stake in cloud infrastructure startup Neysa, joining Japanese investor SoftBank and private equity…

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For TCS, the AI data centre in India opens a new frontier. (Reuters)
Posted in Business

TCS gets $1 billion from TPG for its AI data centre business called HyperVault| Business News

Tata Consultancy Services Ltd. has raised $1 billion from TPG for its AI data centre business called HyperVault, as part of its endeavour to become…

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Posted in Economy

Why AI-led layoffs are bad not just for the laid off: Big reality check coming for Indian economy

Mass layoffs have been announced by several mega companies, especially tech giants, in the US, largely due to AI and automation. In India too, some…

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Posted in Economy

India’s data centre capacity to double by 2027, may rise 5x by 2030: Macquarie Equity Research

India‘s data centre capacity will double by 2027 based on under-construction capacity, and may increase five times by 2030 if pipeline capacity is fast-tracked, according…

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TCS has a $1-billion contract with Marks & Spencer's. (Reuters)
Posted in Business

TCS refutes UK media report on losing $1-billion Marks & Spencer’s contract| Business News

Tata Consultancy Services Ltd. has denied a report published in The Telegraph UK that Marks & Spencer’s Plc has scrapped its contract with India’s largest…

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