Weekly Recap: TCS MHP acquisition and shares fall on broker risk

Tata Consultancy Services Limited (NSE:TCS) is buying Germany’s MHP for €320M to add ~4,500 staff and an AI Mobility Centre while also issuing a LoI to Tejas Networks for a Rs 1,537 crore BSNL RAN order; shares slipped amid integration and revenue concerns, pay and H‑1B localization noted.Previous…

Aug 31, 2026 - 05:00
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Weekly Recap: TCS MHP acquisition and shares fall on broker risk
Tata Consultancy Services Limited (NSE:TCS) is buying Germany’s MHP for €320M to add ~4,500 staff and an AI Mobility Centre while also issuing a LoI to Tejas Networks for a Rs 1,537 crore BSNL RAN order; shares slipped amid integration and revenue concerns, pay and H‑1B localization noted.Previous…

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