Tata Consultancy Services

Tata Consultancy Services Limited
Company typePublic
ISININE467B01029
IndustryInformation technology
Consulting
Outsourcing
Founded1968 (1968)
FounderJ. R. D. Tata
HeadquartersMumbai, India
Area served
Worldwide
Key people
Natarajan Chandrasekaran
(Chairman)
K. Krithivasan
(CEO)
RevenueIncrease 245,315 crore (US$31 billion)[1] (2024)
Increase 61,997 crore (US$7.8 billion)[1] (2024)
Increase 46,099 crore (US$5.8 billion)[1] (2024)
Total assetsIncrease 146,449 crore (US$18 billion)[2] (2024)
Total equityIncrease 91,319 crore (US$11 billion)[2] (2024)
Number of employees
601,546[3] (March 2024)
ParentTata Group
Subsidiaries
Websitewww.tcs.com
Footnotes / references
[4][5]

Tata Consultancy Services Limited (TCS) is an Indian multinational information technology (IT) services and consulting company headquartered in Mumbai.[6][7] It is a part of the Tata Group and operates in 150 locations across 46 countries.[8] In March 2024, it was reported that TCS had more than 601,546 employees worldwide.[9][10] TCS is the second-largest Indian company by market capitalization, the most valuable IT service brands worldwide, and the top Big Tech (India) company.[11][12][13] In 2012, it was the world's second-largest user of U.S. H-1B visas.[14]

As of 2021, it was ranked seventh on the Fortune India 500 list.[15] In September 2021, TCS recorded a market capitalization of US$200 billion, making it the first Indian IT tech company to do so.[16][17][18][19][20] In 2016–2017, parent company Tata Sons owned 72.05% of TCS[21] and more than 70% of Tata Sons' dividends were generated by TCS.[22]

  1. ^ a b c "Tata Consultancy Services Consolidated Profit & Loss account, Tata Consultancy Services Financial Statement & Accounts" (PDF). www.tcs.com.
  2. ^ a b "Tata Consultancy Services Consolidated Balance Sheet, Tata Consultancy Services Financial Statement & Accounts" (PDF). www.tcs.com. Retrieved 12 April 2024.
  3. ^ "TCS reports dip in Q4 hiring". Retrieved 12 April 2024.
  4. ^ "Press Release - USD" (PDF). Tata Consultancy Services. 12 April 2019. Retrieved 13 April 2019.
  5. ^ Chandrashekhar, Anandi (22 May 2020). "TCS management takes home smaller pay packets due to COVID-19 impact". The Economic Times.
  6. ^ "Tata Consultancy Services". Forbes. 29 August 2013. Retrieved 3 September 2013.
  7. ^ "Tata Consultancy Services Ltd (TCS.NS)". Reuters. Retrieved 3 September 2013.
  8. ^ "TCS Investor FAQs". TCS. June 2014. Retrieved 30 November 2017.
  9. ^ "TCS employees get salary hikes, workforce strength crosses 6 lakh milestone". 8 July 2022.
  10. ^ "Number of employees at Tata Consultancy Services 2022". Statista. Retrieved 18 November 2023.
  11. ^ "TCS market value crosses Rs 7 lakh crore – stock at all-time-high". Times of India. 2 September 2013.
  12. ^ "TCS market cap crosses Rs. 4 lakh crore". 2 September 2013. Retrieved 3 September 2013.
  13. ^ "TCS brandvalue exceeds 5 billion".
  14. ^ "The data shows: Top H-1B users are offshore outsourcers". ComputerWorld. 14 February 2013. Retrieved 8 September 2013.
  15. ^ "Tata Consultancy Services - Fortune 500 List 2018 - Fortune India". www.fortuneindia.com. Archived from the original on 25 June 2021. Retrieved 5 September 2019.
  16. ^ "TCS 2nd Indian company to hit $200 billion mcap after RIL". The Times of India. 16 September 2021.
  17. ^ "TCS Market Capitalization Hits $200 Billion As Shares Jump To Fresh Highs". 15 September 2021.
  18. ^ Krishnan, Raghu (15 September 2021). "TCS first Indian tech company to cross $200 billion market cap". The Economic Times.
  19. ^ "Top 100 stocks by Market Capitalization | BSE Listed stocks Market Capitalization". www.bseindia.com. Retrieved 19 December 2022.
  20. ^ "Top 100 stocks by Market Capitalization | BSE Listed stocks Market Capitalization". mock.bseindia.com. Retrieved 21 November 2023.
  21. ^ "Ishaat Hussain to Replace Cyrus Mistry as Chairman of Tata Consultancy Services". News18.com. 10 November 2016. Archived from the original on 29 November 2018. Retrieved 8 October 2018.
  22. ^ "TCS has also accounted for at least 70% of Tata Sons dividends in the past three years, which would have worked in Chandrasekaran's favour". 13 January 2017. Retrieved 8 October 2018.

© MMXXIII Rich X Search. We shall prevail. All rights reserved. Rich X Search