Indiatimes

TCS breaks its own rules as AI forces a strategic U-turn

After layoffs and a tighter bench, Tata Consultancy Services has made its largest-ever acquisition — Coastal Cloud for USD700 million — and launched an AI-focused data-centre JV with TPG. The company ...
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TCS shares see modest gains after $700 million acquisition, Fed rate cut

Shares of Tata Consultancy Services will be in focus on Thursday, December 11, after the company announced a $700 million all cash acquisition of AI services and advisory firm Coastal Cloud. The deal ...
Indiatimes

TCS to buy AI advisory firm for $700 million

BENGALURU: TCS signed a definitive agreement to acquire US-based Salesforce consulting firm Coastal Cloud in an all-cash deal valued at $700 million. Founded in 2012, Coastal Cloud brings AI-led ...
Indiatimes

TCS to acquire Coastal Cloud for $700 million in all-cash deal

IT major Tata Consultancy Services (TCS) has announced that it will acquire a 100% stake in Coastal Cloud for an all-cash consideration of $700 million (nearly Rs 6,286 crore). This marks the largest ...
Indiatimes

Maharashtra labour minister Aakash Fundkar gives written reply in Vidhan Parishad on TCS layoffs

Maharashtra Labour Minister Aakash Fundkar confirmed 376 TCS employees were laid off at Pune campuses in the last two quarters. The minister clarified these job cuts were not linked to AI or ...