21 Nov 2025 | 3 Mins Read
TCS-TPG data centre deal met with cautious optimism
Flipitmoney
Tata Consultancy Services (TCS) signed an agreement with TPG's Terabyte Bidco to invest up to ₹18,000 crore in HyperVault, its AI-ready data centre subsidiary. TPG will invest up to ₹8,820 crore in a 49% stake, with TCS investing 51% and retaining board control. Analysts rate TCS as 'Overweight', with price targets at ₹4,050 and ₹3,430.