Overview

• TCS said its board approved a wholly owned subsidiary to build multiple AI data centres totaling 1 GW in India, with a phased rollout.
• Management expects the program to cost about $6.5 billion, reach the target in 5–7 years, and start generating revenue in 18–24 months, funded through equity, debt and financial investors.
• TCS acquired US-based Salesforce partner ListEngage for $72.8 million to expand enterprise solutions and Agentic AI capabilities.
• Ecosystem moves include a Qualcomm-backed TCS Innovation Lab for edge AI, a collaboration with France’s CEA on Physical AI, and an MoU with C-DAC to develop a sovereign cloud.
• Quarterly results showed modest year-on-year growth in revenue and net profit and a one-quarter headcount reduction of about 19,755, as TCS also opened a London AI Experience Zone and design studio and plans to add 5,000 UK jobs over three years.