Company Profile
Description
Tata Consultancy Services Limited is engaged in the business of IT consulting & software. Its market capitalization is worth INR 11,81,218.07 Cr as of 16th April 2021. Founded in 1968, the company has reported quarterly revenue of INR 36,017.00Cr at the end of March 2021. This company is found listed on the Bombay Stock Exchange (BSE), having the code 532540 and on the National Stock Exchange (NSE) with the symbol TCS.
Headquartered in Mumbai and it is an Indian multinational company that deals in information technology services and consulting. TCS claims to be the largest company in the IT sector in the world by Market capitalization as of February 2021.
Tata Consultancy Services Ltd is a part of India's biggest multinational group, Tata Group. With a presence in over 46 countries, Tata Consultancy Services is a leading global IT consulting services and business solutions organization. TCS is operational through 147 delivery centres in 21 countries and 285 offices across 46 countries. The company was established in 1968, and MD CEO Rajesh Gopinathan is now in charge. Following their takeover in 2004-05, WTI Advanced Technology Ltd and TCS Business Transformation Solutions Ltd became its subsidiaries.
The global presence of TCS is marked by various acquisitions, which include TCS Netherlands BV (a wholly owned subsidiary) acquiring 75% stakes in Technosoft SA (Switzerland) and TCS FNS Pty Ltd. (another subsidiary) acquiring a 100% stake in TCS Management Pty Ltd., in Australia. As of March 2018, TCS had 50 subsidiaries and was ranked as the fastest growing IT service brand making it one among the top 3 such ventures. In 2020, the company incorporated another wholly-owned subsidiary in Ireland, whereas the one in the USA was liquefied in December 2020.
The company was awarded the Best Patents Portfolio when it applied for a record 5.634 patents as of December 2020. TCS also rolled out the Secure Borderless Workspaces model during the pandemic induced lockdown. Israel's first fully digital bank signed up with the Banking Service Bureau of TSC BaNCS as its first customer. It reported a 15% rise in Q4 profits and added the highest ever number of employees in the quarter. TCS also stayed highlighted when it was named the leader in the 2021 Gartner Magic Quadrant, Asia Pacific, for Managed Workplace Services.
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Tata Consultancy Services Limited is engaged in the business of IT consulting & software. Its market capitalization is worth INR 11,81,218.07 Cr as of 16th April 2021. Founded in 1968, the company has reported quarterly revenue of INR 36,017.00Cr at the end of March 2021. This company is found listed on the Bombay Stock Exchange (BSE), having the code 532540 and on the National Stock Exchange (NSE) with the symbol TCS.
Headquartered in Mumbai and it is an Indian multinational company that deals in information technology services and consulting. TCS claims to be the largest company in the IT sector in the world by Market capitalization as of February 2021.
Tata Consultancy Services Ltd is a part of India's biggest multinational group, Tata Group. With a presence in over 46 countries, Tata Consultancy Services is a leading global IT consulting services and business solutions organization. TCS is operational through 147 delivery centres in 21 countries and 285 offices across 46 countries. The company was established in 1968, and MD CEO Rajesh Gopinathan is now in charge. Following their takeover in 2004-05, WTI Advanced Technology Ltd and TCS Business Transformation Solutions Ltd became its subsidiaries.
The global presence of TCS is marked by various acquisitions, which include TCS Netherlands BV (a wholly owned subsidiary) acquiring 75% stakes in Technosoft SA (Switzerland) and TCS FNS Pty Ltd. (another subsidiary) acquiring a 100% stake in TCS Management Pty Ltd., in Australia. As of March 2018, TCS had 50 subsidiaries and was ranked as the fastest growing IT service brand making it one among the top 3 such ventures. In 2020, the company incorporated another wholly-owned subsidiary in Ireland, whereas the one in the USA was liquefied in December 2020.
The company was awarded the Best Patents Portfolio when it applied for a record 5.634 patents as of December 2020. TCS also rolled out the Secure Borderless Workspaces model during the pandemic induced lockdown. Israel's first fully digital bank signed up with the Banking Service Bureau of TSC BaNCS as its first customer. It reported a 15% rise in Q4 profits and added the highest ever number of employees in the quarter. TCS also stayed highlighted when it was named the leader in the 2021 Gartner Magic Quadrant, Asia Pacific, for Managed Workplace Services.
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