Project
Project
Project
TCS is part of Tata group which is India's largest multinational business group. It offers a
consulting-led, cognitive powered, integrated portfolio of business, technology and
engineering services and solutions in 46 countries. TCS is ranked among the top ten global IT
service providers.
After 50 years of its establishment, TCS has been recognized among the top 3 brands in IT
services globally and also the fastest growing brand by value in the sector globally, growing
14.4% year-on-year. TCS has taken giant strides in the world of IT services and has emerged
as a true Indian multinational with operations in over 46 countries worldwide.
TCS is the largest Indian company in terms of market capitalization. Its headquarters are
located in Mumbai, India. TCS has also earned its place in leading sustainable indices such as
MSCI global sustainability index and the FTSE4 Good emerging Index. In terms of revenue
generated, TCS is ranked as the world’s 10th largest IT service provider. Having cemented a
place in the big league, TCS is now rated as one of the ‘Big 4’ most valuable IT brands
worldwide.
Company Milestones
TCS or TATA Consultancy Services was founded in 1968 as a division of Tata Sons
Limited, headquartered in Mumbai
TCS has emerged as one of the largest Indian companies in terms of market capital,
overtaking the RIL in late 2011 with a market value of $80 billion and above
Founded in the year 1968 as an internal arm of the TATA conglomerate, the
company’s earliest contracts included providing punched card service to Tata Steel,
formerly known as TISCO
A pioneer in the Indian software industry, TCS established the Tata Research
Development and Design Centre, in Pune, India in 1981
The first campus recruitment by TCS was in the year 1979 when it recruited 12 IIT
and 3 IISc graduates. These 15 graduates were the first to enter a formal graduate
training program at TCS
In 2001, TCS acquired the government-owned CMC Limited which now contributes
to up to 69% of its India revenues
TCS became a publicly listed company on 25 August 2004
By 2008, TCS was generating more than US $500 million through its e-business
activities as annual revenues
The company’s abilities and resources were further enhanced and improved by the
internal restructuring exercise of 2008. This made the company agile and customer
friendly
In the year 2011, TCS started its cloud-based services thus entering the small and
medium enterprise for the first time
TCS became the first Indian company to cross the market capitalization of Rs. 5 lakh
crores in the year 2014
In January 2015, with ever-growing revenues and profits, TCS ended RIL’s 23-year
run as the most profitable Indian firm