Share Market: Amidst the turmoil in global markets due to the crisis in West Asia, continuous selling by foreign investors (FIIs) and deteriorating investor sentiment, brokerage firm InCred Equities has suggested some stocks that can make you profitable. In its recent report, it has selected some of the leading large-cap stocks like HDFC Bank, TCS, which have the power to give returns of up to 49% even in this challenging situation. Let us take a look at these profitable stocks.

HDFC Bank- InCred Equities has set a target price of Rs 1,160 for HDFC Bank, which represents an upside of about 42% from its current market price of Rs 818.

Tata Consultancy Services- The brokerage has set a target price of Rs 3,052 for TCS, which shows an upside of about 48.9% from its current market price of Rs 2,050.

Bajaj Finance- InCred Equities has a target price of Bajaj Finance of Rs 1,250, which indicates an upside of 25% from its current market price of Rs 1,004.

Axis Bank- InCred Equities has set a target price of Rs 1,580 for private sector Axis Bank, which indicates a possible upside of 22% from its current market price of Rs 1,298.

Hindustan Unilever (HUL)- InCred Equities has set a target price of Rs 2,790 for this FMCG sector giant, which means there is a possibility of an increase of 30% from its current market price of Rs 2,145.

Maruti Suzuki- The target price for auto sector company Maruti Suzuki is ₹ 15,280, which is 11% more than its current market price of ₹ 13,728.

UltraTech Cement- InCred Equities has given a target price of Rs 14,215 to UltraTech Cement, which means it can gain 23% from its current market price of Rs 11,524.

Tata Steel- InCred Equities has set a target price of Rs 224 for Tata Steel, which implies a potential upside of 19% from its current market price of Rs 188.

Tata Motors- InCred Equities has set the target price of Tata Motors at Rs 496, which indicates an upside of 18% from its current market price of Rs 420.

Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)

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TCS-Cloud AI: Tata Consultancy Services has announced a global strategic partnership with Anthropic, the artificial intelligence company behind Cloud AI models, to help enterprises drive AI adoption across business functions and industries. Under the partnership, TCS will set up a dedicated business unit focused on providing deep expertise around AI solutions, industry-specific propositions and cloud models.

50000 TCS associates will be equipped with Cloud AI

As part of the collaboration, TCS will provide enterprise-wide access to Cloud AI to 50,000 associates across engineering, finance, legal, marketing and sales functions. The company said internal deployment of the cloud will help transform its own operations, while generating practical implementation insights that can be applied to customer engagement. Focused on regulated industries, the partnership will target highly regulated sectors including financial services, public services, healthcare, life sciences, aviation, telecommunications and medtech. ‘

According to the companies, the collaboration aims to address the challenges that often prevent AI projects from progressing beyond pilot stages, especially in industries where accuracy, governance, auditability and regulatory compliance are critical.

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Joint Development of AI Solutions TCS and Anthropic will jointly go to market with AI-powered solutions focused on domain-specific workflows, modernization initiatives, and customer experience transformation. The offerings will be supported by TCS’s consulting, engineering and managed services capabilities, enabling enterprises to deploy AI solutions at scale. TCS iON will provide AI certifications. The partnership also extends to TCS’s education and assessment platform, TCS iON, which conducts over 75 million assessments every year across 1,500 cities in India. Through this collaboration, TCS iON Claude will offer learning and certification programs focused on AI models, supporting the development of an AI-ready workforce in India.

Management Comment. Kritivasan, CEO and MD, TCS, said. “The value of enterprise AI comes from understanding the business context, coordinating 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 into production, especially in industries where trust, resiliency, and regulatory discipline are critical. This partnership reflects TCS’s broader strategy to help customers become increasingly adaptive enterprises by turning AI into enterprise-scale transformation.”

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Dario Amody, Co-Founder and CEO, Anthropic, said. “We designed Claude to be secure, reliable, and helpful, especially in contexts where accuracy matters most. This partnership deepens our commitment to India, our second largest market, with TCS bringing Claude to enterprises and professionals in the region and globally, including its 50,000 employees.”

N Chandrasekaran, Chairman, Tata Sons, said, “This partnership reflects our shared belief that AI will be foundational and transformative for enterprises around the world. By combining Anthropic’s capabilities with the Tata Group’s scale, trusted relationships, and commitment to nation-building, we will accelerate enterprise reinvention and equip India’s youth with the skills to lead in the AI ​​age.”

About TCS

Tata Consultancy Services is one of the world’s largest IT services, consulting and business solutions companies. Established in 1968 and part of the Tata Group, the company operates in 56 countries and has 194 delivery centers worldwide. For FY26, TCS reported consolidated revenues of over US$30 billion and it focuses on helping enterprises adopt emerging technologies such as artificial intelligence, cloud computing and digital transformation solutions.

TCS vs Infosys: TCS and Infosys, included in the list of India’s largest IT companies, do not need any introduction. People have great interest in both the companies. Recently, big information has come to light regarding the CEOs of both the companies. According to the annual records revealed from both the companies, there is a big difference in the salary of the CEOs of the companies, but why so? Let’s find out.

Difference in CEO salary
In fact, recently the annual report of Infosys and TCS for the financial year 2025-26 has come out. According to which, Infosys CEO Salil Parekh received Rs 82.6 crore as salary this year. Whereas TCS CEO K Krithivasan got Rs 28 crore as salary. This means that in terms of salary, Salil Parekh has earned about Rs 55 crore more than the CEO of TCS.

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big company small earning
Such a huge difference in the salary of both the CEOs is also a matter of discussion because TCS business is much bigger than Infosys business. TCS’s FY 2026 revenue is Rs 2.67 lakh crore. In which the company’s profit is being reported as Rs 49,210 crore.

So the revenue of Infosys for the financial year 2026 is Rs 1.79 lakh crore. In which the company’s profit is being said to be Rs 29,440 crore. This means that despite the company being small, the CEO of Infosys has received a higher salary.

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Why is Salil Parekh’s package so big?
Salil Parekh’s total package is Rs 82.6 crore. Which is divided as follows:

Fixed salary: Rs 7.97 crore
Retirement and other benefits: Rs 0.53 crore
Performance based bonus: Rs 8.5 crore
Stock based incentive: Rs 23.35 crore
Profit from selling/exercising share options: Rs 50.75 crore

If we look at this mathematics, a major part of his income has come from company shares and stock incentives.

How much and what is the package of K Krithivasan?
Infosys CEO K. The total annual package of Krithivasan is Rs 28 crore. Which is divided as follows:

Basic Salary: Rs 1.67 crore
Allowances and other facilities: Rs 1.43 crore
Performance based commission: Rs 25 crore

This means that the majority of his salary came from cash salaries and bonuses, while stock-based payments were much less.

TCS is still a big company
Although TCS is a bigger and more profitable company than Infosys, Infosys CEO Salil Parekh earns much more. The main reason for this is that their salary package includes a large portion of shares and stock based incentives. This is why his total earnings are almost three times more than the CEO of TCS.

Party’s national spokesperson Waris Pathan has reacted to the arrest of the main accused Nida Khan in the Nashik TCS case and the allegations of protection against the AIMIM councilor. He said that our party has always respected every religion and caste. We are people who follow rules and regulations. We are people who believe in the Constitution, we express our views within the ambit of the Constitution. Now these allegations that are being leveled against our party are baseless.

Attacking him, he said, “They make useless allegations against our party. Their stomachs ache just by looking at us. Now that Nida Khan has been arrested, there is police administration and investigation is going on. After arresting him he has been taken to court.

Mumbai, Maharashtra: On arrest of key accused Nida Khan in Nashik TCS case, AIMIM National Spokesperson Waris Pathan says, ”I don’t want to talk about sub judice matters, but what do you see in this case from the beginning? First, it was said that she was the head of the HR… pic.twitter.com/kJsYTksmZ3

— IANS (@ians_india) May 8, 2026

Waris Pathan’s attack on Sanjay Shirsat

On the allegations of Shiv Sena leader Sanjay Shirsat, Waris Pathan said, “Our party leader Imtiaz Jaleel had exposed all the scams, corruption and scams of Sanjay Shirsat. In front of the entire media in Aurangabad, he had told how he had committed scams. The entire scam of Sanjay Shirsat was exposed. So if they have got a chance, they are blaming our party completely. Hey brother, please check. We also know the rules and regulations. The police will take them on remand and whoever comes forward in the investigation will face them, but before that it is wrong to defame everyone.

AIMIM councilor had given shelter to TCS case accused Nida Khan, Nashik police revealed.

Has being a Muslim become a crime?- Waris Pathan

The AIMIM leader further said, “I do not want to speak on pending cases, but what are you seeing from the beginning in this case? Earlier it was said that she was the head of HR. TCS said, no, she was not our head. It was said that she was just a tele-replyer. A girl was blamed, someone declared her a terrorist and someone else said something else. Has it become a crime to be a Muslim?

Will you defame the entire Muslim community?- Waris Pathan

Waris Pathan raised the question and said that if a Muslim is seen like this, will you defame the entire Muslim community? If there is an allegation against him, then the matter is pending in the court, whatever decision the court takes, you and all of us will accept it, but before that, saying that AIMIM is doing this or that is completely wrong. We believe in rules and regulations. Before that, will you blame everyone?

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Ways to refund money: If you have also bought a car worth more than Rs 10 lakh, then this news is for you. Actually, now if you buy a car costing more than Rs 10 lakh, it will become very important for you to pay an additional amount in the form of TCS (Tax Collected at Source). According to the information, under Income Tax rules, TCS of 1 percent is deducted by the showroom on purchasing expensive vehicles worth more than Rs 10 lakh. But, the special thing in this is that your money does not sink anywhere, rather you can also get your money back.

Know here how this scheme works?

Everyone knows that as soon as you buy a new car, the dealer collects 1 percent tax of the car price from you, where the tax collected is deposited with the government. This is reflected in your Form 26AS and AIS (Annual Information Statement), which is actually your tax paid in advance.

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In what ways can you get your money?

You can find your zodiac sign very easily through three main methods. First of all, you can file your Income Tax Return (ITR) completely at the end of the year. On the other hand, if your tax liability is much less than TCS, then your money will be easily refunded directly into your bank account. Not only this, if you have to pay tax on the entire year’s income at once, then if you want, you can also completely reduce your TCS amount of 1 percent.

However, those who are in employment are given a best option here, where the employees have to submit the vehicle purchase receipt properly. Where, the company completely reduces the TDS deducted from your salary.

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Work will not be possible without these important documents

You will have to keep these important documents with you during this entire process. In which the first TCS certificate (Form 27D), where the car dealer will definitely ask for this certificate from you. Apart from this, keep special attention that while checking AIS, whether the car dealer has deposited this tax on your PAN or not.

The investigating agencies have made new revelations in the case of sexual harassment and religious conversion of girls in TCS company of Nashik. Special Public Prosecutor Ajay Misar told during a closed-door hearing in Nashik court on Monday (April 27, 2026) that many clues have reached the investigators. The investigating agency has opposed the anticipatory bail plea of ​​Nida Khan, one of the main accused in the case, who is still missing.

These allegations have been leveled against the main accused Nida Khan

Nida Khan and other associates are accused of pressurizing Hindu female employees to convert, forcing them to wear burqa, follow Islamic practices and sexually harassing them. At Deolali police station, a woman has accused Nida Khan of hurting her religious sentiments. He has also accused one of his colleagues, Danish Shaikh, of sexual exploitation on the pretext of marriage. He has accused another accused Tausif Attar of sexual harassment.

Promised to provide job in Malaysia

The prosecution argued in the court that the complainant alleged that Nida Khan allegedly changed her name to ‘Haniya’ and promised her a job in Malaysia. At the same time, she kept convincing the complainant to convert to religion. She also alleged that Nida Khan warned the complainant that if she did not convert, trouble would befall her family.

Nida Khan used to give training on wearing hijab

According to the report of Hindustan Times, the officer investigating the case said that Nida Khan had allegedly given training to the complainant in offering namaz and wearing hijab at her home. Nida Khan also allegedly installed Islamic applications in the complainant’s mobile phone and shared religious things with him. The complainant also told that he belonged to Scheduled Caste, after which the police registered a case under the SC/ST Act.

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IT Sector Crash: The weakness that has been seen in the stock market in recent times. In this, the impact on the IT sector is also clearly visible. In fact, even before tensions increased in the Middle East, IT companies were under pressure due to the increasing use of Artificial Intelligence. The effect of which has become more visible after the results of the fourth quarter.

In this environment, there was a significant decline in the shares of big IT companies like Wipro, Tata Consultancy Services Ltd, Infosys and HCL Technologies. This is the reason that last week, the biggest decline in the last five years has been recorded in the entire IT sector. Let us know about this.

IT index broken due to weak signals

The fourth quarter results of IT companies have not been good. Also, the management has not expressed much hope for the future. This had a direct impact on the market and the Nifty IT index fell by about 10 percent in a single week. Due to which the momentum of the last few weeks ended.

The pressure of decline has been so great that the total market value of tech companies has seen a decline of about Rs 2.5 lakh crore. Talking about the figures, it is considered to be the biggest weekly decline after March 2020. Earlier, such a huge decline was seen during the time of Covid-19. At that time the index had fallen by about 13.6 percent.

IT sector under selling pressure

The recent decline has had the biggest impact on those big IT companies, which remain the reason for the growth of the entire sector. Charts of big stocks like Infosys, Tata Consultancy Services Ltd, Wipro and HCL Technologies have also weakened. Due to which the concern of investors has increased.

Amidst such an environment, along with retail investors, FIIs are also continuously withdrawing their money. Especially foreign investors have sold about Rs 20,000 crore till April 15 this year. Due to which there is pressure on the entire sector.

Currently cautious stance on IT sector

Market experts are not very positive about big IT stocks right now. He believes that not only the prices in this sector may also see further decline in future. In such a situation, investors should not expect any big or good returns for the next 2 to 3 quarters. At present the entire sector may remain under pressure.

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TCS Nashik Case: Amidst the investigation into allegations of religious conversion and sexual misconduct related to Tata Consultancy Services (TCS) Nashik, the company gave a clarification on Friday. The company has said that it has not received any complaint regarding such matters through any of its internal channels. Let us know, what does the company have to say on this subject?

What does the company have to say?

According to TCS, even in the initial investigation of the systems and records related to Nashik unit, no complaint of any such allegation has come to light. According to TCS, neither the Ethics Channel nor any platform related to POSH (Prevention of Sexual Harassment) has filed any such report.

Committee formed to investigate

To further strengthen the investigation of the case, the company has decided to constitute an oversight committee. There is also talk of involving external organizations in the investigation process. The reason behind forming the committee is to ensure impartial investigation of the case. According to the company, the responsibility of this committee has been handed over to Keki Mistry, the independent director of the board.

Police have so far arrested 7 people in this investigation. Which also includes 1 female HR head. At the same time, another employee, Nida Khan, is said to be absconding.

TCS Nashik Case

According to police investigation, this matter came to light after a complaint by a woman. In which she accused her co-worker Danish Shaikh of having physical relations with her by promising to marry her in 2022, even though he was already married.

According to the police, Danish Sheikh’s sister Nida Khan has also been facing serious allegations. It has been said in the report that Nida said objectionable things about the religion of the complainant and also put pressure on him for religious conversion.

It is also alleged that Nida Khan hid the fact that Danish was already married. 7 more women have come forward in the police investigation. Who has accused his senior employees of mental and physical harassment.

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Tata Consultancy Services: Tata Consultancy Services (TCS), the country’s largest software company, has said that the phase of layoffs is now over. Now the company will return to its standard increment cycle. This means that now the company will return to its old normal situation, due to which there will be no uncertainty regarding salary increment nor will there be a long wait. The standard cycle of TCS starts from April 1, which was delayed last year.

In fact, in July 2025, the company had announced large-scale layoffs, which was 2 percent of its global workforce (about 12,261 employees). The reason behind this was the need to adapt to technologies like structural restructuring and AI (Artificial Intelligence). Due to this decision of the company, employees were facing uncertainty regarding salary hike and their job security. However, these employees are now expected to get relief from the company’s new decision.

How did the company return to its old position?

CEO of the company. According to Kritivasan, the company has returned to its previous position in view of strong financial performance, improvement in demand and increasing confidence in the business environment. TCS earned a profit of Rs 13718 crore in Q4, which is 12.2 percent more than the same quarter last year. The company’s revenue has also increased by 9.6 percent to Rs 70698 crore. The company has also won new contracts worth $12 billion in the recent past, which also includes many mega deals. All this has helped the company to return to its old position.

Salary hike in TCS

In TCS, salary increases every year on the basis of performance. If reports are to be believed, top performing employees at TCS generally get double digit salary growth. A typical salary increase for most employees typically ranges between 4.5 percent to 7 percent depending on performance rating and grade.

Stir in TCS

Recently there was a sensational revelation of sexual harassment and forced conversion in the BPO unit of TCS in Nashik, Maharashtra. Some women working here made shocking claims of alleged sexual harassment, severe exploitation and attempts at forced conversion. Nashik Police has registered 9 FIRs in this case and arrested many people. According to police sources, two suspended employees named Tausif Attar and Nida Khan are being said to be the masterminds of this entire matter.

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TCS Nashik Unit Sexual Harassment Case: Big updates have come out in the cases of sexual harassment, rape and religious conversion. Here HR Nida Khan has absconded in TCS Nashik case. At present an FIR has been registered in this matter. This case is also in discussion because it is related to the country’s largest IT company. The entire incident has been recorded in the FIR. In such a situation, let us know what has happened so far in this entire matter.

Information has been received from the FIR that no timely action was allegedly taken on the complaints made in the last several years. In the case, eight female employees have alleged that from 2022 to the beginning of 2026, they were subjected to continuous sexual harassment, rape, attempts to forcibly convert colleagues, and forceful insults. Apart from this, HR department-POSH is also under question. The officials associated with POSH have not taken any action on this. SIIT is investigating this matter. 7 people have been arrested in the entire case.

Those arrested are Asif Ansari, Danish Sheikh, Shafi Sheikh, Shahrukh Qureshi, Raza Memon and Tausif Attar. Operations Manager Ashwin Chainani associated with POSH has also been arrested. HR Nida Khan is absconding.

What has the company said in the whole matter?

Here, TCS has said that it has suspended all the employees who came under the investigation. The company is cooperating with legal agencies. Chairman N. Chandrasekaran has described the allegations as extremely worrying and sad. This matter is being taken seriously at the company level. Investigation is underway to ascertain the facts and identify the culprits.

What does company policy do in this type of case?

People associated with the company can complain about harassment and human rights related matters on the basis of formal grievance redressal structure. The company believes that complaints are reviewed. If they are found to be true, action is taken against them. The entire matter is dealt with confidentially. Apart from this, no retaliatory action is taken against the complainant. The company adopts zero tolerance policy in this matter.

What does the law say?
Complaints of sexual harassment are formally registered under the POSH Act. The internal committee looks into this entire matter. The matter is resolved within the time limit.

This entire matter should be investigated within 90 days. Both sides get a chance to present their views. Complaints are dealt with confidentially. In such a situation, the complainant should get protection, but this does not happen. The complaint should not be limited to the supervisor’s session only. Nor should they be dealt with informally.

What information is given in the FIR?

• 9 FIRs have been registered in this case. It describes a pattern of alleged misconduct within multiple teams over different time periods. Employees including Tausif Attar, Danish Sheikh, Raza Memon, Shahrukh Qureshi and Shafi Sheikh have been accused of these things.
• Apart from this, touching inappropriately inside the office premises, trying to create physical closeness. Making obscene comments and talking about women’s married life and personal life. Staring inappropriately and making obscene gestures during meetings. Repeatedly trying to forcefully initiate conversation or establish physical closeness, such as the allegation mentioned.

Made physical relations with promise of marriage, alleges woman

According to India Today news, the women alleged that Attar promised marriage. Create physical relations on the same basis. The girl accused three colleagues of sexual harassment, bullying and trying to force her to convert to Islam.

Other women have repeatedly spoken of being humiliated. This includes taunting for not having children. It involves trying to get physical despite refusal. Apart from these, he was also accused of making derogatory remarks on Hindu religion. In a complaint, the woman alleges that a complaint about Raza Memon and Shahrukh Qureshi was made to a senior officer. But no action was taken.

Increase in sexual harassment cases in TCS in last several years

In the last few years, it has come to light that there has been an increase in sexual harassment cases. In the last three years, it has been revealed that there has been a steady increase in the complaints of sexual harassment registered in TCS. According to a report of Money Control, the company has given partial credit for this to increasing awareness. TCS filed 125 complaints in financial year 2025, 110 in 2024 and 49 in 2023. Also, 36 cases have been reported in 2022 and 27 in 2021.

78 complaints were found registered in 2025. 23 complaints were not resolved. Among the complainants, only 0.06 were female employees. There would be 0.05 percent women in 2024 and 0.03 percent women in 2023.

Internal investigation of the company handed over to them

TCS Chief Operating Officer Aarti Subramaniam will lead the investigation in this matter. He said that appropriate and strict action will be taken against those found guilty. Any process improvements or corrective measures will be implemented immediately.

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