Deals, data centres, AI: Can TCS sell its future-ready story to investors?
BENGALURU : Tata Consultancy Services Ltd (TCS) is attempting to shake off its reputation as a staid IT outsourcer. In the last three months alone, the company has announced its largest acquisition since going public, committed billions of dollars to data centre infrastructure, and moved closer to securing a rare billion-dollar contract. On 10 December, TCS agreed to acquire tech consulting firm Coastal Cloud for $700 million in cash—its biggest deal since listing in 2004—a move expected to bolster its Sal ...