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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.
Microsoft announces one of the largest enterprise AI rollouts at Infosys, TCS and Wipro
Microsoft has announced that three of India's biggest IT companies -- Infosys, TCS and Wipro -- have each scaled their Microsoft 365 Copilot licenses to over 100,000 employees, taking the collective commitment past 300,000 seats in under six months. The milestone is said to mark one of the largest and fastest enterprise AI rollouts for Microsoft globally, and a clear signal that leading organizations are moving from tool-level deployment to AI as an operating model, with agents now working...
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,...
TCS chairman N Chandrasekaran says company has no layoff plans
TCS chairman N Chandrasekaran made it clear at the company's 31st Annual General Meeting (AGM) that India's largest software company has no layoff plans. He also stressed that the company will continue to hire, but yes, days of massive campus hiring may be over. "There is no downsizing of staff.
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.
India's IT stocks head for worst day in 4 months on AI disruption worries; TCS plunges 9%
India's IT stocks head for worst day in 4 months on AI disruption worries; TCS plunges 9% June 3 : India's information technology stocks were headed for their worst day in four months on Wednesday as renewed concerns that artificial intelligence could disrupt traditional software services rattled investors. 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.
Nvidia CEO agrees with TCS, Salesforce, SAP CEOs: It's an incredible time to be a software company
Nvidia CEO Jensen Huang has echoed the optimism of global software leaders and pushed back against the fears of a looming “SaaSpocalypse,” telling audiences at Computex that the rise of agentic AI is creating unprecedented opportunities for software firms. Huang addressed concerns that AI agents could disrupt traditional SaaS models, saying: “A lot of people have said, ‘Jensen, AI is coming. Agentic AI is coming.
MODIS Thermal Infrared Sounding (MOTIS): Estimating Tropical Cyclone Central Pressure from Warm-Core Anomalies
Announce Type: new Abstract: This study presents a novel framework for estimating the central sea-level pressure ($P_{\rm c}$) of tropical cyclones (TCs) using infrared radiometers. We leverage the long-overlooked combination of high spatial resolution and sounding capability of the Moderate Resolution Imaging Spectroradiometer (MODIS) to measure warm-core anomalies in TC eyes. We develop the MODIS Thermal Infrared Sounding (MOTIS) framework, which performs instrument-specific preprocessing...
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...
Graph Traversal on Tensor Cores: A BFS Framework for Modern GPUs
arXiv:2606.05081v1 Announce Type: new Abstract: Modern GPUs have Tensor Cores (TCs) capable of extremely high-throughput matrix operations, yet graph algorithms remain difficult to accelerate because of their irregular and data-dependent execution patterns. This work presents BLEST, a TC-accelerated framework that reformulates Breadth-First Search (BFS) as a bit-level sparse matrix-vector computation while addressing the load imbalance, memory inefficiency, and synchronization overheads that...