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Tata Consultancy Services (TCS) has launched the TCS Industrial Autonomy & Engineering Lab – Lights-Out Factory, at its Sahyadri Park campus in Pune.
As India's maiden lights-out factory lab, this facility will simulate how self-optimising factories can automate operations using the TCS Human+AI Service Autonomy Model. It brings together technologies such as digital twins, robotics, industrial AI, factory control systems and real-time operational intelligence and seamlessly combines them for live manufacturing environments.
A lights-out factory is a manufacturing unit where autonomous systems can run production with minimal human intervention. The Pune lab houses a fully robotic battery pack assembly line, making it India's first lab to demonstrate the principles of lights-out manufacturing. Simulations on this live set-up which has multiple stages of production will help manufacturers prototype, validate and scale AI-first production systems. The Pune lab addresses a key challenge faced by manufacturers: translating Industry 4.0, AI, and robotics concepts into practical operating models. It gives customers a controlled setting to explore industrial scenarios, assess their suitability for production environments, and reduce deployment risk.
The TCS Industrial Autonomy & Engineering Lab – Lights-Out Factory, is the latest addition to TCS' Industrial Autonomy & Engineering innovation footprint. Earlier this year, TCS launched the TCS Industrial Autonomy & Engineering Lab Powered by NVIDIA in Bengaluru to accelerate Physical AI innovation for industrial and mobility applications.
As part of TCS' Industrial Autonomy & Engineering capabilities, the facility supports a range of industry use cases including predictive maintenance, automated quality inspection, real-time process optimisation, human-machine collaboration, and autonomous factory operations.
The upgraded platform will integrate workflow automation, system integration, analytics, security and AI-enabled capabilities on a common digital foundation, enabling government departments to process files digitally, undertake electronic approvals, track workflows in real time and access records more efficiently.
The engagement builds on TCS's long-standing involvement with OSWAS, which has been in use since 2009 and currently supports more than 4,600 government offices and nearly 50,000 users across Odisha.
OSWAS 3.0 will move the system to a more scalable microservices-based and mobile-first architecture, with enhanced interoperability, security and AI capabilities, including support for the Odia language.
Sushil Jain, head-Public Services India, TCS, said, 'Odisha has been ahead of the curve in using technology to make governance more efficient and transparent.
OSWAS 3.0 will build on this strong digital foundation with a more secure, scalable and mobile-first platform. It will empower officials to work with greater speed and visibility, strengthen accountability, and enable a more connected and responsive administration across the state.'
Tata Consultancy Services (TCS) is a digital transformation and technology partner of choice for industry-leading organizations worldwide.
The IT major reported a consolidated net profit of Rs 13,349 crore for the quarter ended 30 June 2026 (Q1 FY27), down 2.7% from Rs 13,718 crore in Q4 FY26. Revenue from operations rose 2.2% sequentially to Rs 72,275 crore in Q1 FY27 from Rs 70,698 crore in the preceding quarter.
The scrip shed 0.50% to end at Rs 2260 on the BSE today.
HyperVault, a subsidiary of Tata Consultancy Services (TCS) has secured 264 acres of land to develop a large-scale AI data center campus of up to 1GW capacity in Hyderabad.
The Hyderabad AI data center campus will be purpose-built to serve the needs of frontier AI companies and hyperscalers, enabling high-density GPU deployments for AI training, inference and advanced computing workloads. The development of the data center campus will be executed in a phased manner, in line with customer demand and technology requirements.
At full build-out, the campus is expected to rank amongst the most advanced and largest AI infrastructure campuses in India. The campus will also leverage green energy and water-neutral design principles as part of the build-out. This reinforces Telangana's position as a strategic hub for artificial intelligence and advanced digital infrastructure. Beyond the campus, the project is expected to catalyze India's AI infrastructure ecosystem across power, cooling, networking, construction, engineering and operations. The project will generate several thousand direct and indirect jobs in the region. HyperVault and its partners are expected to invest up to Rs 70,000 crore to build and manage this infrastructure.
With this new facility, TCS Interactive is strengthening its global network of studios, building on the launch of its New York studio in 2025. The London studio gives clients greater access to AI-led creative engineering capabilities. The studio launch comes at a time when demand for AI-enabled services is at an all-time high and AI is reshaping how content is created. Through this new studio, TCS will help clients turn concepts into scalable business outcomes at speed with its multidisciplinary AI-led capabilities. The hub will act as an extension of TCS Interactive – TCS' digital design, marketing, and experience-led transformation arm. It will enhance the division's global network by providing clients with an environment to co-create with hybrid teams of designers, strategists, domain experts, and engineers, with flexibility to scale capabilities in line with evolving needs.
The London studio will serve as a gateway for regional clients to access TCS' global network of studios, bringing together local market insight and global expertise.
Tata Consultancy Services Ltd dropped for a fifth straight session today. The stock is quoting at Rs 2268.8, down 1.53% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.6% on the day, quoting at 23754.05. The Sensex is at 76038.44, down 0.62%.Tata Consultancy Services Ltd has lost around 6.47% in last one month.Meanwhile, Nifty IT index of which Tata Consultancy Services Ltd is a constituent, has eased around 5.49% in last one month and is currently quoting at 30695.1, down 2.61% on the day. The volume in the stock stood at 14.92 lakh shares today, compared to the daily average of 25.66 lakh shares in last one month.
The benchmark September futures contract for the stock is quoting at Rs 2271.3, down 2.17% on the day. Tata Consultancy Services Ltd tumbled 24.85% in last one year as compared to a 4.11% slide in NIFTY and a 12.87% fall in the Nifty IT index.
The PE of the stock is 15.46 based on TTM earnings ending June 26.
Market participants remained focused on the upcoming speech by Kevin Warsh, who is set to deliver his first major address as Federal Reserve chair at the annual Kansas City Fed economic symposium in Jackson Hole, Wyoming. The address is being closely watched for indications of the US central bank’s monetary policy outlook.
Buying interest was seen in IT, media and pharma shares, while FMCG, auto and realty stocks lagged.
At 13:25 IST, the barometer index, the S&P BSE Sensex advanced 118.93 points or 0.15% to 77,049.29. The Nifty 50 index rose 5.75 points or 0.02% to 24,096.60.
The broader market outperformed the frontline indices. The BSE 150 MidCap Index added 0.20% and the BSE 250 SmallCap Index jumped 0.33%.
The market breadth was positive. On the BSE, 2,146 shares rose and 1,975 shares fell. A total of 277 shares were unchanged.
Gainers & Losers:
Tata Consultancy Services (up 4.35%), HCL Technologies (up 3.27%), Tech Mahindra (up 3.22%), Infosys (up 2.93%) and Wipro (up 2.85%) were the top gainers.
Shriram Finance (down 1.32%), ICICI Bank (down 1.27%), Asian Paints (down 1.25%), Mahindra Ultratech Cement (down 1.20%) and Tata Steel (down 1.18%) were the top losers.
Stocks in Spotlight:
Tejas Networks jumped 8.65% and Tata Consultancy Services (TCS) gained 4.35% after Tejas Networks received a Letter of Intent (LoI) from TCS for supplying equipment for Bharat Sanchar Nigam’s (BSNL) 4G mobile network.
Great Eastern Shipping Company advanced 1.06% after the company’s board approved a share buyback of up to Rs 900 crore through the open market route at a maximum price of Rs 1,530 per equity share. Under the buyback, the company will purchase up to 58,82,352 fully paid-up equity shares of face value Rs 10 each, representing up to 4.12% of the company’s total paid-up equity share capital as on 27 August 2026.
RailTel Corporation of India shed 0.05%. The company announced that it has secured a work order worth Rs 38.59 crore from the Cotton Corporation of India (CCI) for cloud data centre services.
Ather Energy surged 8.84% and Hero MotoCorp rose 1.52% after Hero MotoCorp's board approved the purchase of additional shares in Ather Energy. Hero MotoCorp currently holds 29.88% of Ather on a fully diluted basis. Following the purchase, its stake will increase to up to around 32.8%. The transaction will be completed by 3 September 2026. Hero MotoCorp will pay cash consideration of up to Rs 1,758 crore for the additional shares.
Yatharth Hospital & Trauma Care Services rose 1.15% after a report said Advent International and Blackstone-backed Aster DM Quality Care were in discussions to acquire a controlling stake in the hospital chain.
Wipro rose 2.43% after the company announced an expansion of its partnership with Google Cloud to accelerate enterprise-wide adoption of Gemini Enterprise and agentic artificial intelligence (AI).
Global Markets:
European equities climbed alongside Asian stocks, with technology shares spearheading gains following Nvidia’s strong results and upbeat outlook.
Meanwhile, inflation in Tokyo, a leading indicator of nationwide price trends, remained close to the Bank of Japan's 2% target in August. Core consumer prices, which exclude volatile fresh food prices, rose 1.8% year-on-year, up slightly from 1.7% in July and broadly in line with expectations. A measure excluding both fresh food and fuel was around 2%, keeping attention on the Bank of Japan's monetary policy outlook.
All three major US indices closed higher on Thursday, led by a sharp rally in technology stocks following Nvidia's results and upbeat revenue outlook. The Dow Jones Industrial Average rose 0.20% to 53,569.00, while the S&P 500 gained 0.72% to 7,730.99 and the Nasdaq Composite advanced 1.57% to 26,541.00. Nvidia surged 8.7% after its strong results and forecast reinforced expectations of sustained demand for AI infrastructure. Salesforce jumped 22.6%, while CrowdStrike gained 20.5%, adding to the technology-led rally.
US initial jobless claims fell by 4,000 to 203,000 in the week ended August 22, compared with economists' expectations of 208,000, signalling continued resilience in the labour market. The data could reinforce the case for the Federal Reserve to remain cautious on rate cuts, particularly as inflation remains above its 2% target.
Separately, the US goods trade deficit widened sharply to $118.8 billion in July from the previous month, the widest gap since March 2025. Exports fell 2.9%, while imports rose 3.7%, with strong imports of capital goods linked to artificial intelligence investment contributing to the increase. The wider trade deficit could weigh on third-quarter economic growth.
Crude oil prices rose on Thursday after a media report said the Trump administration was not interested in returning to the terms of a June memorandum of understanding with Iran, raising doubts over efforts to ease supply disruptions around the Strait of Hormuz. Brent crude settled 2.1% higher at $89.70 a barrel. Oil prices, however, eased in early Asian trading on Friday.
Attention now shifts to Warsh, who is set to deliver his first major address as Federal Reserve chair at the annual Kansas City Fed economic symposium in Jackson Hole, Wyoming. Investors will closely parse his comments for clues on the Fed's approach to inflation and interest rates, particularly as inflation remains above the central bank's 2% target and longer-term Treasury yields remain elevated.
SunShine Pictures will list today on the stock exchanges. The issue opened for bidding on 18 August 2026 and it closed on 20 August 2026. The price band of the IPO was fixed between Rs 342 and 360 per share. The offer received bids for 58.04 crore shares as against 54.86 lakh shares on offer. The issue was subscribed 105.81 times.
Sankesh Jewellers IPO will list on the bourses today. The offer received bids for 7.74 crore shares as against 2.76 crore shares on offer. The issue was subscribed 2.80 times. The issue opened for bidding on 18 August 2026 and it closed on 20 August 2026. The price band of the IPO was fixed between Rs 88 and 93 per share.
Stocks To Watch:
Tata Consultancy Services (TCS) announced a strategic partnership with Porsche AG for enabling AI services across the mobility value chain for Porsche. As part of the deal, TCS will establish a dedicated AI Mobility Centre of Excellence for Porsche to drive innovation across manufacturing, engineering, operations and customer experience. The company will acquire Porsche AG arm MHP Management for 320 million euros
ICICI Bank priced $1 billion Senior Unsecured Fixed Rate Notes under its $7.5 billion Global Medium Term Note Programme. The notes have a five-year tenure and will mature on 27 August 2031. The notes carry a coupon rate of 5.410%, with interest payable semi-annually on 27 February and 27 August each year until maturity.
Hindustan Copper said the Government of India will sell a 3% stake in the company through an offer for sale (OFS), with an additional 3% stake available under the green shoe option in case of oversubscription. The OFS has a floor price of Rs 514 per share.
Afcons Infrastructure has received an arbitral award of Rs 335.50 crore, comprising a principal amount of Rs 152.25 crore and pre-award and pendente lite interest of Rs 183.25 crore. The interest was calculated at the SBI Base Rate with quarterly rests for the period from 1 May 2019 to 24 August 2026.
UCO Bank's board has approved raising of foreign currency fund to the extent of $1.00 Billion , in one or more tranches, by issuance of Debt Instruments through Medium Term Note (MTN) Programme.
Brigade Hotels Ventures announced the appointment of Vinay Gupta as Chief Executive Officer (CEO).
Great Eastern Shipping (GE Shipping)’s board is scheduled to meet on 27 August 2026, to consider buyback proposal.
Tata Consultancy Services (TCS) announced a strategic partnership with Porsche AG (ETR: P911) for enabling AI services across the mobility value chain for Porsche. The partnership is reinforced by a five-year strategic deal from Porsche.
As part of the deal, TCS will establish a dedicated AI Mobility Centre of Excellence for Porsche to drive innovation across manufacturing, engineering, operations and customer experience. TCS, through its subsidiary, will acquire 100% of MHP Management- und IT-Beratung GmbH (MHP), Porsche's Germany-based management and IT consulting subsidiary.
MHP brings strong automotive and industrial consulting and implementation experience, with strengths in business transformation, AI, SAP, manufacturing digitalization, and connected mobility. Its long-standing track record in delivering complex automotive and industrial transformation programs will complement TCS' global scale and engineering prowess.
In the cash market, the Nifty 50 index advanced 153.55 points or 0.64% to 24,231.85.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, dropped 6.57% to 10.58.
HDFC Bank, Tata Consultancy Services and Infosys were the top-traded individual stock futures contracts in the F&O segment of the NSE.
The August 2026 F&O contracts will expire on 25 August 2026.