Tag: Tata Consultancy Services

Commercial

Cognizant to invest $183 million for to build new campus in Vishakapatanam

BENGALURU: Software services firm Cognizant Technology Solutions will invest 15.82 billion rupees ($182.76 million) to build a new campus in south Indian city of Vishakapatanam that will create about 8,000 jobs, the state government announced on Friday. Commercial operations will begin in March 2029, an Andhra Pradesh government press release said. Cognizant did not immediately respond to a request for comment. The announcement comes just months after India’s top IT firm, Tata Consultancy Services, unveiled plans for 13.70 billion rupee campus in the same city, and is expected generate 12,000 jobs. The move aligns with Cognizant’s strategy to optimise real…

Commercial

TCS leases over one million sq ft of office space in Hyderabad

Representative image In one of Hyderabad’s largest commercial real estate deals, Tata Consultancy Services (TCS) has leased more than one million square feet of office space in the city’s Financial District, signalling its continued expansion and long-term commitment to the region. The Grade-A property—jointly owned by Rajapushpa Asset Management LLP and Paradigm Corporation Pvt. Ltd.—has been leased for 15 years at an annual rent of Rs 52.44 crore, with a 12% escalation each year, according to a lease document accessed via Propstack. The lease spans all 19 floors of the building, from ground to the 18th floor, at a monthly…