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AI agents could match human workforce in future, TCS Chairman Chandrasekaran says
AI agents could match human workforce in future, TCS Chairman Chandrasekaran says BENGALURU, June 9 : Indian software services exporter Tata Consultancy Services expects IT companies to have an equal number of employees and AI agents in their workforce, Chairman N Chandrasekaran said at the annual general meeting on Tuesday. TCS does not plan to downsize staff, but will slow down hiring, he said. Last July, the company had cut more than 12,000 jobs.
India’s TCS chair says AI agents may equal headcount, dampen hiring
India’s TCS chair says AI agents may equal headcount, dampen hiring BENGALURU, June 9 : India's largest software services exporter Tata Consultancy Services expects IT companies to slow down hiring, as the company moves towards having an equal number of employees and AI agents in its workforce, Chairman N Chandrasekaran said at the company's annual general meeting on Tuesday. India's $315-billion IT sector has been grappling with investor concerns that AI could disrupt its traditional,...
Asia’s Largest Outsourcer to Slow Hiring as AI Reshapes Industry
Tata Consultancy Services Ltd.'s office in Mumbai.
Stock market recap: Seven of top-10 firms lose Rs 1.54 lakh crore
Seven of India's 10 most-valued companies saw their combined market valuation shrink by Rs 1.54 lakh crore last week, with Reliance Industries accounting for the biggest decline. The losses came during the holiday-shortened trading week in which the BSE Sensex fell 639.61 points, or 0.84%, while the NSE Nifty slipped 171.55 points, or 0.72%. Among the country's top 10 firms by market value, Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, Tata Consultancy Services (TCS), Bajaj...
India's IT stocks head for worst day in 4 months on AI disruption worries; TCS plunges 9%
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India's IT stocks head for worst day in four months; TCS plunges 9%
India's IT stocks head for worst day in four months; TCS plunges 9% June 3 : India's information technology stocks were headed for their biggest single-day drop in over four months on Wednesday as investors assessed the impact of AI on demand for traditional software services. The IT index was down 5.8 per cent at 29,310.25 points. If losses hold, this would be its worst day since February 4.
'We know glitch caused distress': NTA gives update for students who couldn't sit for CUET-UG
The National Testing Agency ( NTA) has issued a statement acknowledging the disruption and delay caused by a technical glitch during the CUET (UG) 2026 examination on Saturday, assuring that affected candidates will be given another opportunity to appear for the examination. Several students were left stranded at some exam centres after the CUET-UG 2026 was delayed due to a technical glitch In a post on X, NTA said, “We know today's unfortunate technical disruption caused distress for some...
CBSE to continue using Coempt Edutek's OSM system for Class 12 re-evaluation
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Outsourcing jobs in Philippines and India come under threat as workers race to adapt to AI
Outsourcing jobs in Philippines and India come under threat as workers race to adapt to AI Millions of employees power the world’s two outsourcing giants, but automation is starting to replace tasks they once handled. When will the full scale of disruption hit and how might they have to rethink the future, CNA’s Insight asks. MANILA and BENGALURU:
Cuet-UG tests nerves as glitch delays exam at many centres
After the NEET-UG and CBSE chaos, on Saturday, Cuet-UG 2026, the gateway to undergraduate admissions in universities across the country, was thrown into disarray after a glitch delayed exams by several hours at centres across the country, forcing National Testing Agency (NTA) to revise schedules, grant compensatory time and announce a re-exam for 3,700-odd candidates who left exam centres without taking the test. The disruption hit the morning shift of the three-hour computer-based exam,...