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TATA CONSULTANCY SERVICES LTD. - 532540 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

TCS Positioned as a Leader in Procurement Outsourcing by Everest Group
27-02-2023

Generative AI like ChatGPT will be a co-worker, will not replace jobs: TCS

Tata Consultancy Services (TCS) feels generative artificial intelligence platforms like ChatGPT will create an "AI co-worker" and not replace jobs. Milind Lakkad, the chief human resources officer (CHRO) of the country's largest IT services firm that employs over 6 lakh people said such tools will help improve productivity, but not change the business models for companies. "..it (generative AI) will be a co-worker. It will be a co-worker and that co-worker will take time for them to understand the context of the customer," Lakkad said in an interview with PTI recently. The context for a job to be executed will be industry and customer-centric, which will continue to come from the human who is being assisted in tasks by such a co-worker, Lakkad explained. "It is not that jobs will get replaced, but the job definitions will change," he added in the comments which will assuage concerns about future of jobs in the sector which is one of the biggest recruiters of engineering talent in t
26-02-2023
Bigul

How change in TCS affects international investing

Small-ticket investors might have to rejig their strategy to soften the impact of the new proposal
25-02-2023
Bigul

TATA CONSULTANCY SERVICES LTD. - 532540 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

Pursuant to Regulation 39(3) of Listing Regulations, please find enclosed the intimation letter received from our Registrars and Share Transfer Agent - TSR Consultants Private Limited, providing information regarding loss of share certificates received from the shareholder.
24-02-2023

Every downturn a boon for Indian software companies: Narayana Murthy

I think every downturn is actually a boom for Indian software companies except some extraordinary events like 2008 when the banking sector went down very badly and that was a reasonably large sector for large Indian software companies like TCS, Infosys etc. But even during that year, I still remember Kris Gopalakrishnan was a CEO, we grew by 25% so that was not bad.
21-02-2023

TMS Ep373: IT layoff, millets market, IT stocks, debt refinancing

Why is TCS bucking the trend on IT layoffs? How can millets crack the consumer market? Are IT stocks a good bet even as new hiring tapers? What is debt refinancing? All answers here
21-02-2023
Bigul

TATA CONSULTANCY SERVICES LTD. - 532540 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

TCS Positioned as a Leader in IDC MarketScape for Worldwide Manufacturing PLM System Integrator and BPO Services
20-02-2023
Bigul

TATA CONSULTANCY SERVICES LTD. - 532540 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Telefonica Germany Selects TCS as Transformation Partner to Build Future-Ready Operations Support Systems
20-02-2023

'We believe in grooming talent': TCS' top official says not planning layoffs, hiring those impacted from startups

The country's largest information technology services exporter is also looking to hire startup employees who have lost their jobs, its chief Human Resources officer Milind Lakkad told news agency PTI in an interview.
19-02-2023
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