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Tata Consultancy Services

About Tata Consultancy Services

Tata Consultancy Services is an IT services, business solutions and outsourcing organization that delivers real results to global businesses, ensuring a level of certainty no other firm can match. TCS is the biggest software exporter in India.

TCS offers a consulting-led, integrated portfolio of IT and IT-enabled services delivered through its unique Global Network Delivery Model, recognized as the benchmark of excellence in software development. A part of the Tata Group, India's largest industrial conglomerate, TCS has over 116,000 of the world's best trained IT consultants in 50 countries. The company generated consolidated revenues of US $5.7 billion for fiscal year ended 31 March 2008 and is listed on the National Stock Exchange and Bombay Stock Exchange in India.


On September 4, 2009, the Board of Directors appointed S. Ramadorai as Vice Chairman and confirmed N Chandrasekaran as New CEO & MD.


  • December 08: Announced completion of acquisition of Citigroup Inc.'s interest in Citigroup Global Services Limited (CGSL), the India-based captive business processing outsourcing (BPO) for all cash consideration of $512 million. Citi has signed an agreement for TCS to provide process outsourcing services to Citi and its affiliates for an aggregate amount of US$ 2.5 billion over a period of 9.5 years. The acquisition broadens TCS's portfolio of end-to-end IT and BPO services in the global Banking and Financial Services (BFS) sector.
  • June 15, 2009: Launch of Provider Performance Insight, a business intelligence (BI) solution built on SAP BusinessObjects software for hospitals and other healthcare providers. Using its proprietary BI framework, TCS has developed an out-of-the-box dashboard that will simplify projects, reduce costs and dramatically shorten time to value related to both hospital administration and patient care.


In January 15, 2009, TCS reported its consolidated financial results according to US GAAP for the quarter ended December 31, 2008. The company revenues are at $1,483 million, net income at $276 m (18.0%) Y-o-Y; (3.5%) Q-0-Q, EPS at $0.28 in Q3, 41 new clients added in Q3, 11,773 employees joined the company in Q3, Attrition rate declined to 11.9 LTM and a Quarterly dividend of Rs 3 per share - 18th consecutive Quarterly dividend

TCS reported 27% jump in net profit for its October-December third quarter of 2012-13. Jan 14, 2013

Awards and recognition

  • November 08: Gold Award for Marketing Excellence in the category of Sharpening Brand and Competitive Differentiation presented by ITSMA, the leading marketing association fortechnology, communications, and professional services providers
  • November 08: #6 in FinTech 100 as Leading Indian IT Provider
  • January 09: Signs a $100 million agreement to provide a full range of managed IT services to 4uGroup, the holding company behind Phones 4u and other organisations in the UK telecommunication and financial services marketplaces.
  • January 09: CIG Kozep-Europai Biztosito Zrt., branded as Pannonia Insurance in Hungary, a recently-incorporated Insurance company based in Budapest, Hungary, has gone live with TCS BaNCS Insurance.
  • TCS Financial Solutions named leader in global banking technology landscape evaluation as per The Forrester Wave: Global Banking Platforms, Q1 2009
  • June 2010: #5 Overall, and topped the list for IT services, in Bloomberg Businessweek's 12th annual "Tech 100," a ranking of the world's best performing tech companies.

Tata Consultancy Services in News

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Computerworld's 2016 Premier 100 Awards Recognize Technology Leaders Leveraging Transformative Technologies and Strategies in the Business
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ESI's 3rd OpenFOAM User Conference will take place October 19-21 in Stuttgart, Germany
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Tricentis and TCS Announce Partnership to Assure Best in Class Quality of Enterprise Applications
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Parks Associates: Global Sales of Connected Digital Fitness Trackers Will Exceed 82 Million in 2019
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Parks Associates: 67% of U.S. Broadband Households Use Either a Health Portal or Healthcare App at Least Once a Month
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Parks Associates: Consumer Comfort With Sharing Health Data in Exchange for Insurance Discounts Varies From 26-42% Depending on Connected Fitness Device Owned
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Over 80% of Companies Increased Revenue by Investing in Internet of Things: TCS Study
Average increase in revenue as a result of IoT initiatives is 15

Ram Gupta Joins Aryaka's Board of Directors
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China State Construction Tops Institutional Investor's 2015 All-Asia Executive Team
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Symphony EYC Names Gregg Monastiero President, United States, G.O.L.D. Solutions
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C-Edge Partners With Sanovi to Ensure Recovery Readiness
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Appian World 2015: Reinvent. Innovate. Deliver.
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Andhra Pradesh News on July 10 , 2015
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Andhra Pradesh News on June 17, 2015
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Protecode Announces 2014 Corporate Update
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Neotys Partners With Tata Consultancy Services to Deliver Application Performance Testing for Web and Mobile Applications
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HCL Infosystems Reports Consolidated Revenue of Rs. 1683 Cr. for Quarter Ending 30th Sept, 2014
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Missing TCS employee found murdered
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Andhra Pradesh News on February 22, 2014
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Templeton Releases Closed-End Funds' Portfolio Allocation Updates
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bXb Group Appoints Eric Rozenberg to Its Executive Team in Dual Role
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Lex Witness presents IT Legal Summit 2013
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QAI Announces The Best of the Best Awards at 1st Program and Portfolio Management Conference Awards 2013
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Ferranti Unveils Version 2.0 of its MECOMS™ 2012 System: a New Generation of Smart ERP Software for Utilities
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Gemalto Joins the Partnership for Cyber Resilience from the World Economic Forum
Regulatory News:

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Citi Volunteers in India Commemorate Company’s 200th Anniversary on Annual Global Community Day
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Krishna dedicates 13 Passport Seva Kendras to people of Kerala
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ITT Exelis and Tata Advanced Systems Limited Partner to Manufacture Generation 3 Night Vision Devices in India
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D2E Consulting Launches in India
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TCS gains top slot as India's most valued company
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China Tops the Ranks of Asia's Best Executives
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Partners Continue to Leverage Oracle Technology and Enablement Resources to Deliver Differentiated Value to Customers Around the Globe

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Bombardier Inaugurates Engineering Service Office in Bangalore, India
Today, at a special ribbon-cutting ceremony, Bombardier Aerospace announced the official inauguration of its Engineering Service Office located in Bangalore, India. The Bombardier Engineering Service Office began operation in December 2011 and currently employs approximately 20 people.

Montek says closer economic cooperation can mutually benefit India, China over next 20 years
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USC's School of Cinematic Arts' Entertainment Technology Center Selects Kenneth S. Williams as New CEO and Executive Director
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Tata Consultancy Services Showcases Pegasystems Social and Mobile BPM
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Templeton Releases Closed-End Funds' Portfolio Allocation Updates
The Templeton closed-end Funds referenced below, which trade on the New York Stock Exchange, today released portfolio allocation updates containing the following information as of November 30, 2012:

Anita Borg Institute for Women and Technology Second Grace Hopper Celebration of Women in Computing India Opens in Bangalore
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Monadnock Research Publishes Compilation of 2011 Consulting Rate Research
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The Entertainment Technology Center @ USC Appoints Bob Lambert Chief Strategic Officer
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Thunderhead Delivers Aggressive Growth in 2010
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TELUS Signs on as Gold Sponsor of the Entertainment Technology Center @ USC
Canadian telecommunications company TELUS is joining the Entertainment Technology Center at University of Southern California's (ETC@USC) exploration of the issues facing the entertainment and technology industries.

4th Edition of Bangalore Nano Successfully Concluded
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CII’s CFO Summit to be held on 3 December 2011 in Mumbai
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Internet and Diplomacy in a changing world highlighted at Sonepat meet
Public involvement in some key global issues and how the internet could be used more effectively in a changing global scenario was highlighted at an interaction of cyber experts at the Sonepat-based Jindal School of International Affairs (JSIA) of O.P. Jindal Global University (JGU) on Friday.

Vikram Sud Appointed as Head of Operations & Technology, Citibank Asia Pacific
Citi today announced the appointment of Vikram Sud as Head of Operations and Technology (O&T) for Asia Pacific

Teleos Names Asia's Most Admired Knowledge Enterprises
Teleos, in association with The KNOW Network, has announced the Winners of the 2011 Asian Most Admired Knowledge Enterprises (MAKE) study. This year's 20 Asian MAKE Winners are (in alphabetical order):

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