TCS shares in focus as IT major sets up new AI transformation unit

Shares of Tata Consultancy Services (TCS) are likely to be in focus on Thursday after reports said India’s largest IT services firm has set up a dedicated artificial intelligence (AI) and services transformation unit, highlighting its push to leverage the fast-evolving technology.

According to a company memo reviewed by Reuters, the new unit will consolidate TCS’ existing AI capabilities to develop deeper domain-specific solutions and accelerate innovation across client industries.