Microsoft has committed to invest up to $5B in Anthropic as it diversifies AI bets. Some software stocks have declined as AI coding tools like Claude Code threaten SaaS pricing power. Follow 24/7 Wall ...
Microsoft has committed to invest up to $5B in Anthropic as it diversifies AI bets. Some software stocks have declined as AI coding tools like Claude Code threaten SaaS pricing power. Investors ...
TCS is preparing to seek a ‘consent manager’ permit under India’s new Digital Personal Data Protection rules, joining Reliance Jio in a growing market. The data protection regime could create a Rs ...
Along with Infosys, TCS and HCLTech have also reported exceptional charges due to the new labor codes. On January 12, TCS reported an exceptional charge of ₹2,128 crore while HCLTech reported one ...
BENGALURU: India’s top IT services firms kicked off the earnings season of the October-December quarter on a stronger-than-expected note, even as new wage norms pushed up costs and raised concerns ...
Even as revenue growth showed a gradual recovery for two of the country’s large information technology companies in the October-December quarter, one-off provisions linked to the new labour code ...
The IT firm reported a one-time statutory impact of Rs 2,128 crore as a result of the new labour code. The impact primarily stemmed from changes in the definition of wages under the new framework, ...
Tata Consultancy Services Ltd (TCS) for the third quarter ended December 31, 2025, reported 14% drop in net profit to ₹10,720 crore from ₹12,444 crore a year ago due to impact of new labour codes ...
The country’s largest IT services company TCS on Monday reported 13.91 per cent decline in December quarter net profit at Rs 10,657 crore, hit by one-time impact of the implementation of new labour ...
TCS had announced to lay off around 12,000 people earlier in the year as part of a restructuring exercise. It reported a reduction of 19,755 in the overall staff in September quarter, but hinted that ...