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Tata Consultancy Services (TCS) is an Indian multinational technology company specializing in information technology services and consulting. Headquartered in Mumbai, it is a part of the Tata Group and operates in 150 locations across 46 countries.It is the second-largest Indian company by market capitalization.

As of 2024, TCS is ranked seventh on the Fortune India 500 list.In September 2021, TCS recorded a market capitalization of US$200 billion, making it the first Indian IT company to achieve this valuation In 2012, it was the world’s second-largest user of U.S. H-1B visas.In 2024, parent company Tata Sons owned 71.74% of TCS, and close to 80% of Tata Sons’ dividend income came from TCS.[11]

History Of TCS
TCS Delta Park in Salt Lake Sector-V, Greater Kolkata  Tata Consultancy Services Limited, originally known as Tata Computer Systems, was established in 1968 by Tata Sons Limited The company’s initial contracts involved providing punched card services to its sister company TISCO (now Tata Steel), developing an Inter-Branch Reconciliation System for the Central Bank of India,and offering bureau services to the Unit Trust of India.

In 1975, TCS implemented an electronic depository and trading system named SECOM for Swiss company SIS SegaInterSettle. It also developed System X for the Canadian Depository System and automated the Johannesburg Stock Exchange.TCS also partnered with the Swiss firm TKS Teknosoft, which it later acquired. In 1980, TCS established India’s first dedicated software research and development center, the Tata Research Development and Design Centre (TRDDC), located in Pune. The following year, it created India’s first client-dedicated offshore development centre, established for Tandem.

Company typePublic
ISININE467B01029
IndustryInformation technology
Consulting
Outsourcing
Founded1968; 57 years ago
FounderJ. R. D. Tata
HeadquartersMumbai, Maharashtra, India
Area served
Worldwide
Key people
Natarajan Chandrasekaran
(Chairman)
K. Krithivasan
(MD & CEO)
RevenueIncrease ₹248,315 crore (US$29 billion) (2024)
Operating income
Increase ₹61,997 crore (US$7.2 billion) (2024)
Net income
Increase ₹46,099 crore (US$5.4 billion) (2024)
Total assetsIncrease ₹146,449 crore (US$17 billion) (2024)
Total equityIncrease ₹91,319 crore (US$11 billion) (2024)
Number of employees
612,724[1] (September 2024)
ParentTata Group
Subsidiaries