India's TCS rises as investors cheer growth in international business, AI-related revenue
09/10/2026 04:50
India's TCS rises as investors cheer growth in international business, AI-related revenue Oct 9 (Reuters) - Shares of information technology firm Tata Consultancy Services TCS.NS rose on Friday on accelerating AI-related revenue and growth in its international business.
TCS shares were up 3.5% at 2,149.10 rupees in early trade.
AI-related revenue jumped nearly 20% quarter-on-quarter to $3.1 billion from $2.6 billion in the July-September quarter.
The company's earnings come amid US government suspending participation in the Permanent Labor Certification(PERM) programme for several IT services firms, including TCS.
(Reporting by Saikeerthi in Bengaluru; Editing by Jochelle Mendonca)
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