TCS looks at 5th buyback in 6 yrs, may hit ₹20k cr mark

Indian IT company Tata Consultancy Services (TCS) is considering a fifth share buyback in six years, which could benefit its parent company Tata Sons. TCS’s board, led by N Chandrasekaran, will discuss the proposal on October 11. The move comes as Indian IT firms face a challenging market, particularly in the US.