Try GOLD - Free
AI-driven growth of TCS makes its M&A strategy more aggressive
Business Standard
|December 12, 2025
Even as Tata Consultancy Services (TCS) on Wednesday announced one of its largest ever acquisitions, the market reaction remained subdued.
Coastal Cloud will be the second acquisition of TCS focused on acquiring Salesforce capability
While analysts considered the deal expensive, many agreed that Al-driven growth is pushing TCS to become more aggressive in its mergers and acquisitions (M&A) strategy.
India’s largest IT services provider announced the acquisition of US-based Coastal Cloud in an all-cash transaction of $700 million. The last such acquisition TCS did was in 2008, when it acquired Citigroup's captive BPO arm Citigroup Global Services for $505 million.
On Thursday, TCS stock opened at 3,206 per share, up marginally by 0.56 per cent. The stock closed at 3,191.6 per share, marginally up from the previous day’s close of %3,188.15 per share.
This story is from the December 12, 2025 edition of Business Standard.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business Standard
Business Standard
AI-driven growth of TCS makes its M&A strategy more aggressive
Even as Tata Consultancy Services (TCS) on Wednesday announced one of its largest ever acquisitions, the market reaction remained subdued.
2 mins
December 12, 2025
Business Standard
State to table 2nd edition of Jan Vishwas Bill
‘The Chhattisgarh government will bring out the second edition of the Jan Vishwas Act, which decriminalises minor offences by replacing prison terms with fines to facilitate investment and a business-friendly atmosphere.
1 min
December 12, 2025
Business Standard
Risk factor
Railways too must carefully assess duty hours
2 mins
December 12, 2025
Business Standard
Policy divisions
US policy differences will require monitoring
2 mins
December 12, 2025
Business Standard
Reorient PLI scheme on labour-intensive sectors to create more jobs: NCAER
Reorienting the production-linked incentive (PLI) schemes by focusing on labour-intensive industries instead of the current focus on capital-intensive ones could help increase job creation, according to a report released by the National Council of Applied Economic Research (NCAER).
1 mins
December 12, 2025
Business Standard
Flipkart Minutes plans to double dark stores by Apr
Flipkart Minutes, the quick-commerce (q-com) arm of e-commerce major Flipkart, plans to double its dark-store numbers to 1,000 by March-April next year, up from a little over 500 currently.
2 mins
December 12, 2025
Business Standard
RBI issues revised norms for cash credit, overdraft facility
THESE AIM TO STRENGTHEN CREDIT DISCIPLINE AND FACILITATE BETTER MONITORING OF TRANSACTIONS AND UTILISATION OF FUNDS
1 min
December 12, 2025
Business Standard
Prudential sells 4.5% in ICICI Pru AMC ahead of IPO
British insurer Prudential said on Thursday it has sold a 4.5 percent stake in ICICI Prudential Asset Management for ₹49 billion (about $545 million) ahead of the Indian fund manager's $1.2 billion initial public offering (IPO) that opens on Friday.
1 mins
December 12, 2025
Business Standard
Use global funds and gold to hedge against currency risk
RUPEE’S DEPRECIATION AGAINST DOLLAR
3 mins
December 12, 2025
Business Standard
IndiGo shares, earnings estimates for FY26 slide
Airline may have to hire expat pilots at high salary: Analysts
3 mins
December 12, 2025
Listen
Translate
Change font size