'The two-year partnership is TCS' first engagement with McDonald's in the Asia-Pacific region, stated TCS in an exchange filing. TCS will implement an advanced upgrade of McDonald's current systems in the Philippines to the cloud. By harnessing its deep industry expertise and contextual knowledge in SAP-led business systems transformation, TCS will upgrade the IT infrastructure of GADC, resulting in better insights, improved decision-making, and optimized operational performance. GADC has grown significantly in the Philippines over the last few years, anchored on its commitment to digital transformation, including standardization of the IT landscape across all its restaurants nationwide. TCS will also integrate other SAP capabilities to ensure comprehensive data management and automation solutions tailored to GADC's needs. These integrations will significantly enhance the fast-food chain's proficiency in financial management, materials management, enterprise asset management, project management, sales and distribution, user interface, and master data management. This strategic partnership highlights TCS' growing presence in the Philippines, where it has been operational since 2008. With over 5,000 employees in the Philippines, TCS supports customers across diverse sectors in the region including, telecom, banking and finance, real estate, and airlines, driving their growth and transformation. TCS has also been recognised as a Top Employer in the Philippines from 2017 to 2024. Shiju Varghese, country head of TCS Philippines, said, 'We are pleased to partner with GADC on this significant engagement that marks an important step for TCS Philippines as we expand our presence in the region's fast-food industry. By leveraging the advanced capabilities of SAP S/4HANA and the innovative potential of SAP BTP, we aim to enhance McDonald's operational efficiency and customer experience, for business innovation and excellence.' TCS is an IT services, consulting and business solutions organization. It offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. The IT major's consolidated net profit declined 3.17% to Rs 12,040 crore in Q1 FY25 as against Rs 12,434 crore reported in Q4 FY24. However, revenue from operations grew by 2.25% quarter on quarter (QoQ) to Rs 62,613 crore in Q1 FY25. Shares of TCS ended 3.49% lower at Rs 4,346.60 on the BSE. Powered by Capital Market - Live

Tata Consultancy Services has signed a two-year partnership with George Yang-led Golden Arches Development Corporation (GADC), the master franchise holder of McDonald's in the Philippines. This partnership, which is TCS' first with the fast-food chain in the APAC region, aims to standardize and digitize the IT operations for 760+ McDonald's restaurants in the Philippines. TCS will implement an advanced upgrade of McDonald's current systems in the Philippines to the cloud (SAP S/4HANA on RISE). By harnessing its deep industry expertise and contextual knowledge in SAP-led business systems transformation, TCS will upgrade the IT infrastructure of GADC, resulting in better insights, improved decision-making, and optimized operational performance. McDonald's is one of the world's largest foodservice retailers with over 42,000 locations in over 100 countries as of end 2023. Approximately 95% of McDonald's restaurants worldwide are owned and operated by independent local business owners. GADC has grown significantly in the Philippines over the last few years, anchored on its commitment to digital transformation, including standardization of the IT landscape across all its restaurants nationwide. TCS will also integrate other SAP capabilities to ensure comprehensive data management and automation solutions tailored to GADC's needs. These integrations will significantly enhance the fast-food chain's proficiency in financial management, materials management, enterprise asset management, project management, sales and distribution, user interface, and master data management.Powered by Capital Market - Live

TCS will deploy its digital banking solution, TCS BaNCS for core banking, along with its digital home lending solution, to enhance member and intermediary experiences and support Mansfield's ambitious growth plans. TCS BaNCS for core banking will accelerate the building society's digital transformation, providing a truly enriched digital experience for members. TCS digital home lending solution will streamline the mortgage value chain, from application to completion and beyond, ensuring Mansfield Building Society remains customer-centric, operationally resilient, future-ready, and compliant. This transformation will see TCS migrating the Building Society's digital banking solutions to the cloud and integrating with best-in-class ecosystem partners to enhance accessibility and efficiency across digital and intermediary channels. Members will benefit from a seamless experience leveraged through TCS' digital technologies, data-enhanced decision making, and innovative product design, stated in the regulatory filling. TCS' solutions will help Mansfield Building Society accelerate the growth of its mortgage and savings customer base by providing a scalable solution that creates efficiency whilst supporting expansion into niche market segments that the society has identified for growth. This tech-enabled solution will also make it easier for both customers and mortgage intermediaries to deal with the building society. Iain Lister, IT executive, at The Mansfield, said 'We pride ourselves on our excellent service and personal approach and, therefore, finding a partner that can support our physical branch operation and provide a state-of-the-art digital experience is critical in ensuring that we meet the needs of all our members now, and in future. After a strenuous selection process, it was clear that there was only one solution which met all our requirements, especially when you consider TCS' experience of delivering successful transformation programs, their ethical approach to business, and their relationship with existing clients which dovetails well with our mutual ethos and core values.' Amit Kapur, head of UK & Ireland, TCS said, 'We are happy that the Mansfield Building Society has selected us for this transformative program. TCS BaNCSTM and TCS Digital Home Lending will provide Mansfield Building Society with a best-in-class and modern banking solution that will help them meet their members' growing expectations in the online savings and mortgage lending space, while retaining their personal approach which is centered around the customer. This partnership strengthens our presence in the building societies sector which is reinforced by our strong track record of providing transformative solutions to the credit union and other organisations across the UK.' TCS is an IT services, consulting and business solutions organization. It offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. The IT major's consolidated net profit declined 3.17% to Rs 12,040 crore in Q1 FY25 as against Rs 12,434 crore reported in Q4 FY24. However, revenue from operations grew by 2.25% quarter on quarter (QoQ) to Rs 62,613 crore in Q1 FY25.Powered by Capital Market - Live

Tata Consultancy Services has entered into a strategic partnership with Mansfield Building Society in the UK to digitally transform its business. TCS will deploy its state-of-the-art digital banking solution, TCS BaNCS for Core Banking, along with its Digital Home Lending Solution, to enhance member and intermediary experiences and support Mansfield's ambitious growth plans. For over 200 years, UK building societies have operated as community-led financial institutions, serving over 26 million people with savings and mortgage offerings. Established in 1870, Mansfield Building Society has a steadfast member-centric philosophy. TCS BaNCS for Core Banking will accelerate the Building Society's digital transformation, providing a truly enriched digital experience for members. TCS Digital Home Lending Solution will streamline the mortgage value chain, from application to completion and beyond, ensuring Mansfield Building Society remains customer-centric, operationally resilient, future-ready, and compliant. This transformation will see TCS migrating the Building Society's digital banking solutions to the cloud and integrating with best-in-class ecosystem partners to enhance accessibility and efficiency across digital and intermediary channels. Members will benefit from a seamless experience leveraged through TCS' digital technologies, data-enhanced decision making, and innovative product design. Powered by Capital Market - Live

The key equity indices reversed all early losses and traded with minor gains in afternoon trade. The Nifty traded above the 25,250 mark. Consumer durables, pharma and FMCG shares advanced while media, PSU bank and metal stocks declined. At 13:30 IST, the barometer index, the S&P BSE Sensex added 26.52 points or 0.03% to 82,583.95. The Nifty 50 index rose 5.50 points or 0.02% to 25,284.20. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index added 0.24% and the S&P BSE Small-Cap index gained 0.69%. The market breadth was positive. On the BSE, 2,081 shares rose and 1,798 shares fell. A total of 110 shares were unchanged. Gainers & Losers: Nestle India (up 1.65%), Hero MotoCorp (up 1.37%), Wipro (up 0.90%), Hindustan Unilever (up 0.82%) and Tata Consumer Products (up 0.80%) were major Nifty gainers. Bajaj Finance (down 1.98%), Hindalco Industries (down 0.64%), Bajaj Auto (down 0.57%), Axis Bank (down 0.50%), JSW Steel (down 0.50%) were major Nifty losers. Stocks in Spotlight: Tata Consultancy Services (TCS) rose 0.51%. The company announced that it has expanded its partnership with Google Cloud to offer two new cybersecurity solutions for customers. Hindustan Aeronautics (HAL) rallied 3.34% after the Cabinet Committee on Security (CCS) approved the proposal for procurement of 240 aero-engines for Su-30 MKI aircraft of the Indian Air Force (IAF) at a cost of over Rs 26,000 crore. Kaynes Technology India advanced 3.13% after the company informed that the Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the proposal of Kaynes Semicon to setup a semiconductor unit in Sanand, Gujarat. KPI Green Energy rose 1.08% after the company said that its wholly owned subsidiary Sun Drops Energia has received letters of intent for executing solar power projects with a cumulative capacity of 7 MW under the 'Captive Power Producer (CPP)' business segment of the company. Matrimony.com soared 11.80% after the company informed that its board will meet on 5 September 2024, to consider and approve, the proposal for buy back of fully paid up equity shares of the company. Global Markets: European market advanced while most Asian stocks traded lower on Tuesday. South Korea's headline inflation eased to 2% in August from 2.6% in July, its lowest level on a year-on-year basis since March 2021. Traders in Asia will be keeping a close eye on fresh signs of economic troubles in China. Data on Saturday showed Chinese factory activity had contracted for a fourth straight month in August, the latest signal that the world's second-largest economy may struggle to meet this year's growth target. Wall Street will reopen later Tuesday, following the Labor Day public holiday. Powered by Capital Market - Live

TCS joined hands with Google Cloud to offer two solutions'TCS Managed Detection and Response solution and TCS Secure Cloud Foundation solution These solutions will enhance threat detection and response capabilities of businesses, even in non-cloud environments and will help TCS customers create forward-looking and secure businesses, said the company. This partnership aims to strengthen cyber resilience for enterprises across industries and empower them with domain-focused innovation with cuttingedge technologies from TCS and Google Cloud. The TCS managed detection and response (MDR) solution, powered by Google Security Operations platform, will enable security teams to reduce the time required to detect, and respond to threats. It combines the hyperscaler's advanced threat detection capabilities with TCS' contextual knowledge to enable continuous security monitoring and round-the-clock response. The TCS Secure Cloud Foundation leverages capabilities from Google Cloud's security solutions to strengthen cloud security posture and governance across single, multi, and hybrid cloud environments by embedding security and compliance guardrails throughout the DevSecOps lifecycle. Leveraging AI, machine learning, and automation, the solution continuously monitors risks, identifies deviations, and recommends remedial actions. TCS has already deployed both solutions successfully for several of its clients. For example, the Secure Cloud Foundation solution has assisted a global bank headquartered in Germany in automating, identifying, and deploying over 800 build-time and runtime security policies, ensuring adherence to regulatory compliance requirements, the company stated in the press release. In a partnership spanning a decade, TCS and Google Cloud have helped global enterprises transform their businesses with the power of cloud. This new phase of the partnership will focus on leveraging Google Cloud's AI-powered security portfolio across threat intelligence, security operations and cloud security. TCS and Google Cloud will help clients secure their cloud transformation journeys by offering tailored solutions at a global scale, along with local expertise to adhere to regulatory compliance. Peter Bailey, vice president and general manager of security operations, Google Cloud, said, 'TCS and Google Cloud have partnered for many years to help customers harness the power of the cloud and AI to grow and transform their business. The integration of Google Security Operations into TCS MDR and Secure Cloud Foundation solutions is a natural evolution of this partnership; enabling TCS and their customers to leverage Google SecOps planet-level scalability, searchability, integrated and AI-assisted investigation and response workflows, and applied Mandiant Threat Intelligence. Together, we can help customer organizations dramatically improve their security posture and ability to respond to threats in real time.' TCS is an IT services, consulting and business solutions organization. It offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. The IT major's consolidated net profit declined 3.17% to Rs 12,040 crore in Q1 FY25 as against Rs 12,434 crore reported in Q4 FY24. However, revenue from operations grew by 2.25% quarter on quarter (QoQ) to Rs 62,613 crore in Q1 FY25. Shares of Tata Consultancy Services shed 0.10% to Rs 4,516.40 on the BSE. Powered by Capital Market - Live

Tata Consultancy Services has expanded its partnership with Google Cloud to offer two new cybersecurity solutions for customers. This partnership aims to strengthen cyber resilience for enterprises across industries and empower them with domain-focused innovation with cutting edge technologies from TCS and Google Cloud. The TCS Managed Detection and Response (MDR) solution, powered by Google Security Operations platform, will enable security teams to reduce the time required to detect, and respond to threats. It combines the hyperscaler's advanced threat detection capabilities with TCS' contextual knowledge to enable continuous security monitoring and round-the-clock response. The TCS Secure Cloud Foundation leverages capabilities from Google Cloud's security solutions to strengthen cloud security posture and governance across single, multi, and hybrid cloud environments by embedding security and compliance guardrails throughout the DevSecOps lifecycle. Leveraging AI, machine learning, and automation, the solution continuously monitors risks, identifies deviations, and recommends remedial actions. TCS has already deployed both solutions successfully for several of its clients. For example, the Secure Cloud Foundation solution has assisted a global bank headquartered in Germany in automating, identifying, and deploying over 800 build-time and runtime security policies, ensuring adherence to regulatory compliance requirements.Powered by Capital Market - Live

Primark, a leading international fashion retailer operates across 17 countries in Europe and the US. The IT major has been working with Primark since 2016, establishing itself as a trusted partner to the retailer. As well as driving business-critical integration programmes and stabilising core platforms for the retailer, the company has also improved cybersecurity capabilities, improving stability and reliability of processes and systems. Under the expanded partnership, the company will help transform Primark's technology operating environment to make it more resilient, reliable, and efficient. By supporting Primark's transformation journey, the IT firm will help reduce time-to-market for the retailer, aligning with its strategies for future growth. The company will help Primark to adopt a more agile and product-based operating model by enabling automation through intelligent automation and DevOps technologies. This new operating model will integrate and optimise application development, testing and maintenance processes. Andrew Brothers, chief information officer, Primark, said, To help support our ambitious growth plans we're expanding our partnership with TCS to build a robust, resilient, and reliable IT operating environment to become a more efficient, technology-led global organization with the agility to quickly adapt to changing demands and requirements in a fast-paced industry. Working with TCS will provide us with the ongoing operational stability and accountability needed to support our business to scale. This will allow us to respond to market trends and customer preferences in a timely manner, ensuring that we continue to deliver quality products at the best value for our customers. Shekar Krishnan, vice president & head of retail ' UK and Europe, TCS, said, 'The fashion industry is continually modernising its entire value chain from conceptualisation, to design, to production and retailing with innovation-led initiatives to achieve environmental, social, and governance goals. We're thrilled to support Primark's mission to offer affordable fashion for everyone and its global vision for growth.' TCS is an IT services, consulting and business solutions organization. It offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. The IT major's consolidated net profit declined 3.17% to Rs 12,040 crore in Q1 FY25 as against Rs 12,434 crore reported in Q4 FY24. However, revenue from operations grew by 2.25% quarter on quarter (QoQ) to Rs 62,613 crore in Q1 FY25. The scrip rose 0.36% to Rs 4,522.90 on the BSE.Powered by Capital Market - Live

Tata Consultancy Services has extended its partnership with Primark, a leading international fashion retailer across 17 countries in Europe and the US. Over the next five years, TCS will help transform Primark's technology operations to support the retailer's ambitious plans for global growth. TCS has been working with Primark since 2016, establishing itself as a trusted partner to the retailer. As well as driving business-critical integration programmes and stabilising core platforms for the retailer, TCS has also improved cybersecurity capabilities, improving stability and reliability of processes and systems. As part of this expanded partnership, TCS will help transform Primark's technology operating environment to make it more resilient, reliable, and efficient. By supporting Primark's transformation journey, TCS will help reduce time-to-market for the retailer, aligning with its strategies for future growth. TCS will help Primark adopt a more agile and product-based operating model by enabling automation through intelligent automation and DevOps technologies. This new operating model will integrate and optimise application development, testing and maintenance processes. Powered by Capital Market - Live

Tata Consultancy Services has launched a state-of-the-art TCS Pace Studio in Manila, Philippines. This cutting-edge facility is designed for TCS to co-innovate with customers to develop tailored solutions for their unique business needs, boosting digital innovation in the Asia Pacific region. Located within TCS' expansive Panorama Tower office, TCS Pace Studio will showcase TCS' innovative platforms like TCS AI WisdomNext, TCS TwinX, and TCS Zero Carbon Platform, leveraging emerging technologies like artificial intelligence, cloud computing, cybersecurity, and data analytics. TCS Pace Studio in Manila, the fifth of its kind globally, is part of an extensive innovation ecosystem of TCS Pace spanning major global cities. TCS Pace network also comprises four other Pace Studios situated in Riyadh, Sydney, Letterkenny, and Stockholm, alongside seven Pace Ports located in Tokyo, Amsterdam, New York, Pittsburgh, Toronto, London, and Paris. TCS Pace Studios serve growth markets by fostering dynamic innovation ecosystems. The innovation hubs in the TCS Pace network combine TCS' unique methodologies and frameworks, research, intellectual property, along with a curated ecosystem of partners through its Co-Innovation Network (COIN') to provide collective intelligence that enterprises can tap into. These hubs enable customers to develop and launch innovative digital products and solutions, at speed and scale. Powered by Capital Market - Live