Tata Consultancy Services Ltd

Tata Consultancy Services has signed multiyear transformation and managed services agreement with Canada Life, a leading global life and pensions insurer. The partnership will support the modernisation of Canada Life's IT infrastructure services across its European Businesses. As part of the agreement, TCS will leverage its AI & digital capabilities to modernise and manage Canada Life's data centres, core infrastructure, end-user computing, and software lifecycle management. The transformation will help improve operational resilience, increase automation, and enhance user experience for its customers. The partnership combines TCS' technology prowess with the knowledge and experience of Canada Life teams. Together they will build a strong foundation for Canada Life's long-term technology modernisation journey. The program aims to deliver high-quality, cost-effective, performance driven IT services while helping Canada Life accelerate its technology strategy and achieve stronger business outcomes. The partnership will also help Canada Life scale its technology services more effectively and be nimble to changing business needs.

The partnership is to expand the use of artificial intelligence (AI) across application management, development and onsite support services. Under the engagement, TCS will help strengthen Nokian Tyres' IT operations by enhancing efficiency, resilience and scalability. The partnership aims to accelerate the adoption of AI-driven processes, automation and data-led services to support the tyre maker's long-term growth and agility. The collaboration will see TCS embed AI-led and agentic automation into Nokian Tyres' IT operations to improve issue resolution, lower operational costs and enhance resilience through a unified digital infrastructure. As part of the agreement, TCS will provide end-to-end application management services across Nokian Tyres' application landscape, including development, maintenance and support for systems spanning engineering, manufacturing, supply chain, commercial and corporate functions. This strategic partnership with TCS will enable Nokian Tyres to have a globally unified, agile and efficient operating model that supports business needs. In addition, it creates a sustainable foundation for the increasing adoption of next-generation technologies such as automation, data-driven solutions and artificial intelligence, said Timmy McLellan, chief information officer at Nokian Tyres. The next era of manufacturing will be defined by intelligence at scale, where digital ecosystems, AI-enabled operations and adaptive technologies work together to create more resilient and sustainable enterprises, said Anupam Singhal, president ' manufacturing, TCS. According to TCS, the partnership will help Nokian Tyres accelerate innovation, respond faster to market changes and improve manufacturing outcomes through a modern, insight-driven technology foundation. TCS has been operating in the Nordic region, including Finland, Sweden, Norway and Denmark, since 1991 and serves customers across industries in the region. TCS is a digital transformation and technology partner of choice for industry-leading organizations worldwide. Tata Consultancy Services (TCS) reported a 2.08% rise in consolidated net profit to Rs 13,718 crore on 5.38% increase in revenue from operations to Rs 70,698 crore in Q4 FY26 as compared with Q3 FY26. The counter shed 0.03% to Rs 2,241 on the BSE.Powered by Capital Market - Live

The partnership is to expand the use of artificial intelligence (AI) across application management, development and onsite support services. Under the engagement, TCS will help strengthen Nokian Tyres' IT operations by enhancing efficiency, resilience and scalability. The partnership aims to accelerate the adoption of AI-driven processes, automation and data-led services to support the tyre maker's long-term growth and agility. The collaboration will see TCS embed AI-led and agentic automation into Nokian Tyres' IT operations to improve issue resolution, lower operational costs and enhance resilience through a unified digital infrastructure. As part of the agreement, TCS will provide end-to-end application management services across Nokian Tyres' application landscape, including development, maintenance and support for systems spanning engineering, manufacturing, supply chain, commercial and corporate functions. This strategic partnership with TCS will enable Nokian Tyres to have a globally unified, agile and efficient operating model that supports business needs. In addition, it creates a sustainable foundation for the increasing adoption of next-generation technologies such as automation, data-driven solutions and artificial intelligence, said Timmy McLellan, chief information officer at Nokian Tyres. The next era of manufacturing will be defined by intelligence at scale, where digital ecosystems, AI-enabled operations and adaptive technologies work together to create more resilient and sustainable enterprises, said Anupam Singhal, president ' manufacturing, TCS. According to TCS, the partnership will help Nokian Tyres accelerate innovation, respond faster to market changes and improve manufacturing outcomes through a modern, insight-driven technology foundation. TCS has been operating in the Nordic region, including Finland, Sweden, Norway and Denmark, since 1991 and serves customers across industries in the region. TCS is a digital transformation and technology partner of choice for industry-leading organizations worldwide. Tata Consultancy Services (TCS) reported a 2.08% rise in consolidated net profit to Rs 13,718 crore on 5.38% increase in revenue from operations to Rs 70,698 crore in Q4 FY26 as compared with Q3 FY26.Powered by Capital Market - Live

Tata Consultancy Services (TCS) has announced a strategic partnership with Nokian Tyre PLC, a premium tire manufacturer headquartered in Finland. As part of the engagement, TCS will expand Nokian Tyres' use of artificial intelligence across application management, development, and onsite support services. The collaboration will strengthen Nokian Tyres' IT operations by improving efficiency, resilience, and scalability. The AI-led transformation will accelerate the adoption of new ways of working, help address evolving business needs, and enable greater use of automation and data-driven services to drive long-term growth and agility in a rapidly evolving market. With AI-led and agentic automation embedded at the core of IT operations, the engagement will accelerate issue resolution, reduce operational cost, and strengthen resilience through unified digital infrastructure. TCS will deliver end-to-end application management services across Nokian Tyres' application landscape. This will include development, maintenance, and support for systems that will be supporting engineering, manufacturing, supply chain, commercial, and corporate functions.

The Nifty 30 June 2026 futures closed at 23,490 a premium of 84.40 points compared with the Nifty's closing at 23,405.60 in the cash market. In the cash market, the Nifty 50 index slipped 77.95 points or 0.33% to 23,405.60. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, jumped 6% to 16.28. Tata Consultancy Services, HDFC Bank (India) and Infosys were the top-traded individual stock futures contracts in the F&O segment of the NSE. The June 2026 F&O contracts will expire on 30 June 2026. Powered by Capital Market - Live

LTM Ltd, Coforge Ltd, Persistent Systems Ltd and Apollo Micro Systems Ltd are among the other losers in the BSE's 'A' group today, 03 June 2026.Tata Consultancy Services Ltd crashed 8.15% to Rs 2248.5 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 10.05 lakh shares were traded on the counter so far as against the average daily volumes of 2.81 lakh shares in the past one month.LTM Ltd tumbled 6.45% to Rs 4062.1. The stock was the second biggest loser in 'A' group.On the BSE, 49268 shares were traded on the counter so far as against the average daily volumes of 20145 shares in the past one month.Coforge Ltd lost 6.07% to Rs 1425.6. The stock was the third biggest loser in 'A' group.On the BSE, 1.62 lakh shares were traded on the counter so far as against the average daily volumes of 3.34 lakh shares in the past one month.Persistent Systems Ltd slipped 6.03% to Rs 5139.25. The stock was the fourth biggest loser in 'A' group.On the BSE, 51110 shares were traded on the counter so far as against the average daily volumes of 41559 shares in the past one month.Apollo Micro Systems Ltd plummeted 5.96% to Rs 410.6. The stock was the fifth biggest loser in 'A' group.On the BSE, 25.42 lakh shares were traded on the counter so far as against the average daily volumes of 21.95 lakh shares in the past one month.Powered by Capital Market - Live

Tata Consultancy Services (TCS) announced the expansion of its long-standing partnership with Euroclear Group to drive the next phase of transformation for Sweden's Central Securities Depository (CSD). As part of this initiative, Euroclear Sweden will deploy TCS BaNCS' for Market Infrastructure and Quartz', TCS' advanced digital solutions, to build a resilient, future-ready, and scalable CSD platform aligned to evolving European market standards. TCS BaNCS for Market Infrastructure will enable Euroclear to meet the evolving needs of financial market infrastructure institutions, supporting end-to-end operations across asset classes, including core registry, depository services, cross-border settlement, and asset servicing. Complementing this, TCS' Quartz will leverage distributed ledger technology and AI to support tokenized assets, decentralized settlements, and real-time, actionable insights. Together, these solutions will help Euroclear to implement its Nordic transformation strategy, aimed at driving standardization and growth through the deployment of a modern, cloud-ready, and scalable CSD platform across Sweden and Finland. The unified platform will enable continued compliance with European standards, enhance straight through processing. The implementation of a unified platform will be achieved through a phased IT transition, including the migration of the Swedish market to the European Central Bank's TARGET2-Securities (T2S) platform for secure and efficient pan-European settlement.

As part of the initiative, Euroclear Sweden will deploy TCS BaNCS' for Market Infrastructure and Quartz', TCS's digital solutions suite, to develop a resilient, scalable and future-ready CSD platform aligned with evolving European market standards. TCS BaNCS will support end-to-end market infrastructure operations across registry, depository services, cross-border settlement and asset servicing, while Quartz will leverage distributed ledger technology and AI to enable tokenized assets, decentralized settlements and real-time insights. The unified platform will support Euroclear's Nordic transformation strategy across Sweden and Finland, enabling standardization, scalability and regulatory compliance, along with enhanced straight-through processing. The implementation will be executed in phases, including migration to the European Central Bank's TARGET2-Securities (T2S) platform for secure pan-European settlement. TCS BaNCS for Market Infrastructure offers a sophisticated double-entry system with support for both omnibus and end-investor accounting, as well as multiple settlement models, including a unique settlement optimization capability that helps manage liquidity across both securities and cash. The solution provides compliance with European and global standards such as the Securities Market Practice Group (SMPG), Joint Working Group on Corporate Actions (CAJWG), Central Securities Depositories Regulation (CSDR), and others. Hanna Vainio, CEO, Euroclear Sweden and Finland said: Having established one of Europe's most advanced CSD infrastructures in Finland, we are pleased to extend our decade-long partnership with TCS to Sweden. This collaboration is a pillar of our 'One Nordic' vision, allowing us to harmonize business and IT practices onto a single, resilient platform. By integrating our regional operations, we are not only enhancing efficiency for our clients but also reinforcing our position as the preferred Nordic CSD, dedicated to the long-term prosperity of the Nordic financial ecosystem. R Vivekanand, President, BFSI Products & Platforms, TCS, said: 'We are pleased to expand our relationship with the Euroclear Group through this strategic multi-country harmonization initiative. Building on our joint success in Finland, we look forward to working with Euroclear to bring high levels of sophistication in functionality, standards compliance and technology to the Nordics market leveraging TCS BaNCS and Quartz, our market-leading products for financial market infrastructures. We are deeply committed to ensuring the platform is future-proof, resilient, scalable, while leading the way for transformation in European markets.' TCS is a digital transformation and technology partner of choice for industry-leading organizations worldwide. Tata Consultancy Services (TCS) reported a 2.08% rise in consolidated net profit to Rs 13,718 crore on 5.38% increase in revenue from operations to Rs 70,698 crore in Q4 FY26 as compared with Q3 FY26. Shares of Tata Consultancy Services fell 8.64% to Rs 2,236.70 on the BSE. Powered by Capital Market - Live

Tata Consultancy Services Ltd lost 4.15% today to trade at Rs 2346.55. The BSE Information Technology index is down 2.36% to quote at 29397.33. The index is up 4.3 % over last one month. Among the other constituents of the index, Persistent Systems Ltd decreased 3.52% and Coforge Ltd lost 3.34% on the day. The BSE Information Technology index went down 19.31 % over last one year compared to the 7.72% fall in benchmark SENSEX. Tata Consultancy Services Ltd has lost 3.46% over last one month compared to 4.3% gain in BSE Information Technology index and 3.57% drop in the SENSEX. On the BSE, 50371 shares were traded in the counter so far compared with average daily volumes of 2.83 lakh shares in the past one month. The stock hit a record high of Rs 3539.45 on 18 Jun 2025. The stock hit a 52-week low of Rs 2210 on 14 May 2026.Powered by Capital Market - Live

Tata Consultancy Services Ltd dropped for a fifth straight session today. The stock is quoting at Rs 2269.7, down 0.29% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.11% on the day, quoting at 23888.4. The Sensex is at 75882.34, down 0.17%.Tata Consultancy Services Ltd has eased around 7.16% in last one month.Meanwhile, Nifty IT index of which Tata Consultancy Services Ltd is a constituent, has eased around 0.41% in last one month and is currently quoting at 28978.5, down 0.47% on the day. The volume in the stock stood at 14.08 lakh shares today, compared to the daily average of 40.07 lakh shares in last one month. The benchmark June futures contract for the stock is quoting at Rs 2280, down 0.33% on the day. Tata Consultancy Services Ltd tumbled 35.11% in last one year as compared to a 3.49% slide in NIFTY and a 23.02% fall in the Nifty IT index.The PE of the stock is 15.77 based on TTM earnings ending March 26.Powered by Capital Market - Live