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Tata Consultancy Services (TCS) has announced a multi-year partnership with Elopak ASA, a global leader in paper-based packaging and filling equipment, operating in over 40 countries and serving customers in more than 70 markets.
Under this partnership, TCS will be Elopak's strategic IT partner, leading the transformation and management of its global IT s through a process centric operating model. This will help Elopak's IT operations to be better aligned with the business priorities thereby improving agility, efficiency, and digital experience.
Leveraging its AI-first approach, TCS will deploy advanced analytics and automation capabilities, including its proprietary Cognix™ – an AI-powered, future-ready service delivery suite of solutions built on its Machine First™ philosophy.
The strategic IT programme will support Elopak's strategy to modernise its end-to-end IT services. This include setting up an integrated service desk and upgrading key enterprise applications.
The company will leverage its AI-first approach and deploy advanced analytics and automation capabilities, including its proprietary Cognix, an AI-powered service delivery suite built on its Machine First philosophy.
As part of the engagement, the company will support Elopak’s efforts to modernise its end-to-end IT services, including the establishment of an integrated service desk and upgrading key enterprise applications.
Elopak said the partnership will support its strategic roadmap focused on market growth, strengthening leadership in paper-based packaging, and advancing sustainability goals by reducing reliance on plastics. The partnership with TCS will play a critical role in enabling these priorities by creating a robust digital backbone that supports innovation, responsiveness to evolving market demands, and enhanced customer engagement and service delivery.
This collaboration further strengthens TCS’ presence in the Nordic region and reinforces its position as a trusted partner for global enterprises seeking to accelerate digital transformation through AI and cloud-led innovation. With a strong and growing footprint across the Nordics—including multiple offices and delivery centers in key markets such as Sweden, Norway, Denmark, and Finland—TCS continues to invest in local talent and long-term partnerships. Recognized as a Great Place to Work across the region, TCS combines deep domain expertise with a people-first culture, further enhancing its reputation as an employer and partner of choice for organizations driving innovation and sustainable growth.
Merethe Johansen, CIO at Elopak, said, “Our partnership with TCS represents a significant step in advancing our digital ambitions and strengthening our global operations. By modernizing our IT landscape and leveraging AI-driven capabilities, we aim to improve efficiency, enhance user experience and support our growth objectives as we move towards our 2030 vision driving above-market growth, and advancing our strategic priorities.”
Anupam Singhal, President - Manufacturing, TCS, said, “In an increasingly connected and intelligent business environment, enterprises need digital foundations that can continuously adapt and evolve. Through this partnership, we will help Elopak modernize its IT operations with AI, automation, and cloud, enabling greater agility, operational efficiency, and user experience across its global business. Together, we look forward to supporting Elopak’s growth strategy and sustainability ambitions as it continues to deliver innovative and sustainable packaging solutions to customers and consumers around the world.”
Amit Pethe, Country Head, TCS Norway, said: “Elopak is a global leader with a strong heritage of innovation and sustainability. We are proud to partner with them on their transformation journey. By combining TCS’ AIled capabilities with deep domain expertise, we will help build a resilient, agile, and intelligent IT ecosystem that supports Elopak’s long-term growth and enhances its global competitiveness.”
Tata Consultancy Services (TCS) is a digital transformation and technology partner of choice for industry-leading organizations worldwide.
The company had reported a 2.08% rise in consolidated net profit to Rs 13,718 crore on 5.38% increase in revenue from operations to Rs 70,698 crore in Q4 FY26 as compared with Q3 FY26.
The counter rose 0.85% to Rs 2,217.65 on the BSE.
The partnership will focus on enhancing fan engagement, modernising club operations, and strengthening Tottenham Hotspur’s broader digital ecosystem. The English football club, which has a large global fan base, recently won the UEFA Europa League in the 2024–25 season.
As part of the engagement, TCS will deploy its capabilities in Salesforce and cybersecurity to support the club’s digital operations. The company will also leverage advanced analytics to generate insights and improve fan engagement experiences.
The collaboration aims to help Tottenham Hotspur streamline data systems, enhance operational efficiency, and build a future-ready digital platform.
The partnership is a testament to TCS’ commitment to being a trusted innovation partner for leading businesses in the UK. With a 50-year presence, TCS works with over 200 of the nation’s top brands and recently committed to creating 5,000 new jobs across the UK in the next three years. The organisation holds a leadership position in software and IT services and has also been ranked the number one IT service provider for customer satisfaction in the UK in an independent survey of CIOs from the largest IT spending organisations in the country.
Ryan Norys, Chief Revenue Officer at Tottenham Hotspur said, 'Our ongoing digital transformation at Spurs underpins our wider aims to deepen fan engagement and enhance user experiences across our growing range of digital touchpoints. We are delighted to be able to take a true industry leader in TCS on this exciting journey with us - their expertise in delivering large-scale infrastructure projects with some of the world's biggest brands will be invaluable to us moving forward.'
“We are delighted to partner with Tottenham Hotspur, a club with a rich legacy and a strong global fan following. This collaboration brings together their ambition to enhance fan experiences with TCS’ capabilities in building secure, scalable digital platforms. By combining data, technology, and design, we aim to help the Club deepen engagement with fans, create more connected and intuitive digital experiences across touchpoints”, said Girish Ramachandran, President, TCS Growth Markets.
'Sport and entertainment are becoming some of the most compelling proving grounds for real-world technological impact, and Tottenham are well placed to lead that charge. As a Spurs fan of many decades, I have watched this club build one of the most technologically ambitious stadiums on the planet. What this partnership with TCS represents is the next step: moving from world-class infrastructure to a genuinely connected ecosystem where digital innovation touches fan experience, operations, and performance intelligence in a coherent way. Come on you Spurs.' said Phil Fersht, CEO and Founder of HFS Research.
Shares of TCS added 1.72% to end at Rs 2,198.85 on the BSE.
Tata Consultancy Services (TCS) has expanded its collaboration with Oracle by launching India's first Oracle AI Data Platform Lab and Center of Excellence (CoE) in Kolkata. The new facility is designed to help organizations shape the next wave of AI-powered enterprise transformation. TCS also plans to roll out the Oracle AI Data Platform Labs and CoEs across four additional cities in India over the next three years.
Housed in Delta Park Lords, Kolkata, the facility will help customers overcome common barriers to AI adoption, including fragmented data landscapes, slow analytics cycles, limited AI scalability, and operational inefficiencies. Using reusable architectures, industry solutions, and accelerators, TCS will help customers turn enterprise data into actionable intelligence and deploy AI-driven automation at scale.
Oracle AI Data Platform makes data AI-ready and enables the creation and deployment of agentic applications by harnessing the combined capabilities of Oracle Cloud Infrastructure (OCI), Oracle Autonomous AI Database, and OCI Enterprise AI.
As part of the partnership, TCS will establish a dedicated business unit focused on developing industry-specific AI solutions, customer offerings and implementation capabilities leveraging early access to Claude models.
TCS has been designated a Global Premier Partner in the Claude Partner Network and will deploy Claude across its workforce through enterprise-wide licensing covering 50,000 employees across engineering, finance, legal, marketing and sales functions.
The companies will jointly develop and market AI solutions across industries including financial services, public services, healthcare, life sciences, aviation, telecom and medtech.
The partnership will also extend to TCS products and platforms. Diligenta, TCS' UK-based life and pensions business, will use Claude for agentic process transformation, while TCS iON will offer AI learning and certification programs focused on Claude models.
TCS will additionally contribute domain-specific capabilities and reusable tools to the Claude Code ecosystem.
K Krithivasan, CEO and MD, TCS, said: 'Enterprise AI value comes from understanding business context, orchestrating complex systems, and applying deep AI engineering talent.
By combining Claude with our industry expertise, engineering rigor, and large-scale transformation capabilities, we will help customers move faster to production, especially in industries where trust, resilience, and regulatory discipline are critical.
This partnership reflects TCS’ broader strategy to help clients become perpetually adaptive enterprises by turning frontier AI into transformation at enterprise scale.'
The scrip shed 0.93% to currently trade at Rs 2133.85 on the BSE.
Bharti Hexacom Ltd gained 1.19% today to trade at Rs 1494.05. The BSE Teck index is up 0.35% to quote at 14763.88. The index is up 0.07 % over last one month. Among the other constituents of the index, Zee Entertainment Enterprises Ltd increased 0.62% and Tata Consultancy Services Ltd added 0.35% on the day. The BSE Teck index went down 18.9 % over last one year compared to the 10.2% fall in benchmark SENSEX.
Bharti Hexacom Ltd has added 1.89% over last one month compared to 0.07% gain in BSE Teck index and 2.67% drop in the SENSEX. On the BSE, 2609 shares were traded in the counter so far compared with average daily volumes of 22188 shares in the past one month. The stock hit a record high of Rs 2051 on 01 Jul 2025. The stock hit a 52-week low of Rs 1438.55 on 02 Apr 2026.
Tata Consultancy Services Ltd fell for a fifth straight session today. The stock is quoting at Rs 2140.6, down 0.5% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.35% on the day, quoting at 23203.85. The Sensex is at 73757.04, up 0.32%.Tata Consultancy Services Ltd has eased around 10.54% in last one month.Meanwhile, Nifty IT index of which Tata Consultancy Services Ltd is a constituent, has eased around 3.33% in last one month and is currently quoting at 28653.55, down 1.05% on the day. The volume in the stock stood at 23.9 lakh shares today, compared to the daily average of 59.96 lakh shares in last one month.
The benchmark June futures contract for the stock is quoting at Rs 2144.9, down 0.86% on the day. Tata Consultancy Services Ltd tumbled 38.18% in last one year as compared to a 7.57% slide in NIFTY and a 25.98% fall in the Nifty IT index.
The PE of the stock is 14.91 based on TTM earnings ending March 26.
As part of the agreement, TCS will leverage its AI & digital capabilities to modernise and manage Canada Life's data centres, core infrastructure, end-user computing, and software lifecycle management. The transformation will help improve operational resilience, increase automation, and enhance user experience for its customers.
The partnership combines TCS' technology prowess with the knowledge and experience of Canada Life teams. Together they will build a strong foundation for Canada Life's long-term technology modernisation journey. The program aims to deliver high-quality, cost-effective, performance driven IT services while helping Canada Life accelerate its technology strategy and achieve stronger business outcomes. The partnership will also help Canada Life scale its technology services more effectively and be nimble to changing business needs.
In the cash market, the Nifty 50 index lost 243.70 points or 1.04% to 23,123.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, jumped 7.85% to 17.03.
HDFC Bank, Tata Consultancy Services and Reliance Industries were the top-traded individual stock futures contracts in the F&O segment of the NSE.
The June 2026 F&O contracts will expire on 30 June 2026.
Tata Consultancy Services (TCS) has announced a strategic partnership with Nokian Tyre PLC, a premium tire manufacturer headquartered in Finland. As part of the engagement, TCS will expand Nokian Tyres' use of artificial intelligence across application management, development, and onsite support services.
The collaboration will strengthen Nokian Tyres' IT operations by improving efficiency, resilience, and scalability. The AI-led transformation will accelerate the adoption of new ways of working, help address evolving business needs, and enable greater use of automation and data-driven services to drive long-term growth and agility in a rapidly evolving market. With AI-led and agentic automation embedded at the core of IT operations, the engagement will accelerate issue resolution, reduce operational cost, and strengthen resilience through unified digital infrastructure. TCS will deliver end-to-end application management services across Nokian Tyres' application landscape. This will include development, maintenance, and support for systems that will be supporting engineering, manufacturing, supply chain, commercial, and corporate functions.