Tag: TCS share price
TCS is not afraid of AI, revenue cannibalisation, CEO Krithi Krithivasan says| Business News
Tata Consultancy Services Ltd. is “not afraid” of AI or “revenue cannibalisation” due to AI tools used by clients. In fact, India’s largest IT services…
IT sell-off rattles India’s stock market with all but five Nifty 50 stocks in red| Business News
India’s IT heavyweights dragged down the stock market today, tracking a 2% drop in Wall Street, on concerns that AI is set to disrupt their…
IT stocks led by TCS, Infosys slump 5.25% as AI threat triggers global software rout| Business News
A gauge of India’s top IT stocks led by Tata Consultancy Services Ltd. and Infosys Ltd. slumped at the opening bell on Friday, tracking a…
Nifty IT slides to four-month low amid AI, US Fed rate cut concerns| Business News
Shares of Indian software exporters slid more than 4% on Thursday, extending losses for the week, as persistent fears of AI-led disruption and fading hopes…
Anthropic Claude Cowork threatens to upend business model of TCS to Infosys and Wipro| Business News
Shares of Indian IT companies are on track for their worst trading session in nearly six years, after Anthropic’s new AI plugin tools threatened to…
TCS taps AMD for AI expansion as CEO pushes ‘pilot to production’ shift| Business News
Tata Consultancy Services Ltd. has struck a strategic alliance with chipmaker Advanced Micro Devices Inc. to accelerate the deployment of AI for enterprise clients, a…
Infosys, Wipro share price show lingering pain for India’s $280-billion IT industry| Business News
How the stocks of Infosys Ltd. and Wipro Ltd. have moved today, a day after their quarterly results, is emblematic of a wider problem afflicting…