Mint

Big deal: TCS strikes its largest acquisition ever, buys Coastal Cloud for $700 million

Tata Consultancy Services (TCS) on Wednesday made its largest buyout since going public in 2004, agreeing to acquire technology consulting firm Coastal Cloud for $700 million in cash. Significantly, ...
Business Line

TCS to acquire Coastal Cloud for $700 million

Tata Consultancy Services (TCS) will acquire 100 per cent stake in Coastal Cloud, a Salesforce Summit partner, for an all-cash consideration of $700 million. The transaction is expected to be ...
Indiatimes

TCS to buy AI advisory firm for $700 million

BENGALURU: TCS signed a definitive agreement to acquire US-based Salesforce consulting firm Coastal Cloud in an all-cash deal valued at $700 million. Founded in 2012, Coastal Cloud brings AI-led ...
Indiatimes

Maharashtra labour minister Aakash Fundkar gives written reply in Vidhan Parishad on TCS layoffs

Maharashtra Labour Minister Aakash Fundkar confirmed 376 TCS employees were laid off at Pune campuses in the last two quarters. The minister clarified these job cuts were not linked to AI or ...
Mint

$1 bn Telefónica UK win ends mega-deal dry spell for TCS but it's not out of the woods yet

The Telefónica UK deal is the fourth mega deal that TCS has signed under chief executive K. Krithivasan since June 2023 when he took the top job at the company. (Reuters) Tata Consultancy Services Ltd ...
Microsoft

Cognizant, Infosys, TCS and Wipro emerge as Frontier Firms with Microsoft—deploying Copilot and agentic AI across the enterprise

The four companies will collectively deploy over 200,000 Microsoft Copilot licenses, redefining work and innovation at scale. Bengaluru, India, — December 11, 2025 — Microsoft Chairman and CEO Satya ...
moneycontrol.com

Microsoft CEO Satya Nadella announces tie-ups with Infosys, TCS, Cognizant, Wipro for Agentic AI's adoption

Microsoft has inked a strategic partnership with IT giants Cognizant, Infosys, TCS and Wipro to accelerate the adoption of agentic AI, chief executive officer Satya Nadella said on December 11. These ...
Barron's

Boeing Co. Dep. Pfd. (Rep. 1/20th Share 6% Pfd. Series A)

The Boeing Co. is an aerospace company, which engages in the manufacture of commercial jetliners and defense, space, and security systems. It operates through the following segments: Commercial ...
Barron's

U.S. Bancorp Dep. Pfd. (Rep. 1/1000 Interest in a share of Non-Cum Perp Pfd Series A)

About U.S. Bancorp Dep. Pfd. (Rep. 1/1000 Interest in a share of Non-Cum Perp Pfd Series A) U.S. Bancorp operates as a bank holding company, which offers financial services including lending and ...
Investopedia

Understanding the FSA and Its Successors: FCA & PRA

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...
Wall Street Journal

PRA Group Inc.

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations for ...