Tata Consultancy Services Ltd is a main worldwide IT administration, counseling and business arrangements association. The organization offers a scope of IT administrations, outsourcing, and business arrangements. They likewise offer IT foundation administrations, business process outsourcing administrations, designing and mechanical administrations, worldwide counseling, and resource utilized arrangements. Their fragments incorporate saving money, monetary administrations and protection; fabricating; retail and conveyance, and telecom.
The organization is a piece of Tata Group, one of Indias most regarded business combinations and most regarded brands. They are headquartered in Mumbai. They are having 142 workplaces in 42 nations and additionally, 105 conveyance focuses in 20 nations. The organization shares are recorded on the National Stock Exchange and Bombay Stock Exchange of India.
Tata Consultancy Services Ltd was joined in the year 1968. Tata Sons Ltd built up the organization as a division to benefit their electronic information handling (EDP) necessities and give administration counseling administrations. In the year 1971, they began their first universal task. The organization spearheaded the worldwide conveyance show for IT administrations with their first seaward customer in 1974.
In the year 1981, the organization set up Indias first IT R&D division, the Tata Research Design and Development Center at Pune. In the year 1985, they set up their first customer devoted seaward advancement place for Compaq (at that point Tandem). In the year 1989, they conveyed an electronic store and exchanging framework called SECOM for SIS SegaInterSettle, Switzerland.
In the year 1997, the organization opened their new corporate preparing office at Trivandrum. In the year 1998, they began virtualization of business. In the year 1999, they got SEI-CMM Level 5 confirmation for their Qwest, HP, SEEPZ, and Sholinganallur focus. Additionally, in the year 2000, they got SEI-CMM Level 5 accreditation for their Calcutta, Bangalore, Lucknow, Hyderabad, GEDC, Ambattur and Ahmedabad focus.
In the year 2001, the organization finished the procurement of open division unit, CMC Ltd. In the year 2002, they extended their topography into new developing markets like China/Uruguay. In 2003, TCS turned into the principal Indian programming organization to cross one billion dollars in income. The organization saw outsourcing opportunity in E-Commerce and related arrangements and set up its E-Business division with ten individuals. By 2004, E-Business was contributing a large portion of a billion USD to the organization.
Amid the year 2004-05, the organization obtained WTI Advanced Technology Ltd and TCS Business Transformation Solutions Ltd (Previously, Phoenix Global Solutions (India) Ltd), thusly these two organizations turned into the auxiliaries of the organization. TCS tapped the capital markets in July 2004 in the biggest private area first sale of stock (IPO) in the Indian market, raising almost $1.2 billion. On August 9, 2004, the organization turned into an openly recorded organization.
Amid the year 2005-06, the organization obtained three organizations Comicrom S A, Chile, Financial Network Services (Holdings) Pty Ltd, Australia (FNS) and Swedish Indian IT Resources AB (SITAR). The organization made key cooperations with Diligenta Ltd for Life Insurance business. Likewise, they went into a Joint Venture Agreement with the State Bank of India. The new organization was figured and named C-Edge Technologies Ltd (C-Edge) for giving propelled innovation arrangements and world-class space counseling for the managing an account and budgetary administrations part.
Amid the year, the organization wandered into another territory for an Indian IT Services Company. In April 2005, Tata Infotech Ltd with their three completely possessed backups, to be specific Airline Financial Support Services (India) Ltd, Aviation Software Development Consultancy India Ltd, and TCS Business Transformation Solutions Ltd were amalgamated with the organization.
Amid the year 2006-07, the organization in association with the Government of Madhya Pradesh shaped an organization, to be specific MP Online Ltd, for offering an extensive variety of PC empowered administrations in the State of Madhya Pradesh. The organization through their entirely possessed backups Tata Consultancy Services Asia Pacific Pte Ltd and Tata Consultancy Services Malaysia Sdn Bhd, bought into 100% offer capital of PT Tata Consultancy Services, Indonesia, an organization shaped for giving counseling and IT related administrations in Indonesia
Tata Consultancy Services Netherlands B V, an entirely possessed backup obtained 75% value enthusiasm for Switzerland based TKS - Teknosoft S A, for a thought of Rs 368.06 crore. TCS FNS Pty Ltd, another auxiliary procured 100% value enthusiasm for an Australian based organization, TCS Management Pty Ltd, for an aggregate thought of Rs. 15.75 crore. Additionally, TCS FNS Pty Ltd bought into 100% offer capital of Financial Network Services Beijing Co Ltd to give counseling and IT related administrations in China. The organization, through their completely claimed auxiliaries Tata Consultancy Services BPO Chile SAn and TCS Inversiones Chile Limitada, bought into 100 % share capital Tata arrangement Center S A, to give BPO benefits in Ecuador.
Amid the year 2007-08, the organization opened a middle in Cincinnati, USA, and a huge focus in India at Hyderabad and established the framework for a vast focus in Pune. They propelled a noteworthy brand building activity to verbalize and proliferate its new image situating. Likewise, they marked another multi-year contract with Chrysler LLC for giving an exhaustive arrangement of IT administrations. TKS Services S.A., Quartz Software Technology S.A. what's more, Tata Consultancy Services Financial Solutions Limited converged with Tata Consultancy Services Switzerland Limited with impact from April 1, 2007.
On May 25, 2007, the organization through their completely claimed backup, Tata Consultancy Services Do Brasil Desenvolvimento De Servicos Ltda, gained 100% value enthusiasm for a Brazil-based Company, GT Participacoes S.A. Additionally, Tata Consultancy Services Do Brazil Desenvolvimento De Servicos Ltda and GT Participacoes S.A. have converged with Tata Consultancy Services Do Brazil Ltda with impact from July 1, 2007. On June 21, 2007, the organization brought in to 100% offer capital of Tata Consultancy Services Morocco SARL AU, an organization framed for giving a scope of PC empowered administrations in Morocco. On July 13, 2007, the organization through their entirely possessed auxiliary, Tata America International Corporation, obtained 100% voting power in TCS Financial Management LLC.
On October 23, 2007, the organization brought in to 60% of the offer capital of Tata Consultancy Services (Africa) (Pty) Limited, a Company framed for giving IT administrations and putting resources into organizations in South Africa. On January 24, 2008, the organization sold their shareholding enthusiasm for their partner Conscripti (Pty) Ltd, for Rs. 3.83 crore. In March 2008, the organization opened their North America Delivery Center called TCS Seven Hills Park.
Amid the year 2008-09, the organization gained Citigroup Inc.s (Citi) 96.26% enthusiasm for TCS e-Serve Ltd (some time ago known as Citigroup Global Services Limited), the India-based hostage BPO, for an aggregate thought of USD 504.54 million. What's more, Citi consented to an arrangement with the organization to give process outsourcing administrations to Citi and their offshoots for a total measure of USD 2.5 billion over a time of 9.5 years.
Amid the year, the organization through their backup, Tata Consultancy Services Asia Pacific Pte Ltd, bought into 100% offer capital of Tata Consultancy Services (Thailand) Ltd and Tata Consultancy Services (Philippines) Inc. In June 2008, the organization got $11.5 million transformational arrangement to the configuration, introduce and incorporate an assessment organization framework for the Uganda Revenue Authority (URA). On July 29, 2008, the organization won the most astounding incremental change honor and moved to the Industry Leader position in the Tata Business Excellence Model (TBEM) at the JRD QV Awards service.
On October 22, 2008, the Tata Infotech Deutschland GmbH has converged with Tata Consultancy Services Deutschland GmbH. The combined element is an entirely possessed backup of the organization. On December 11, 2008, the organization bought into half share capital of National Power Exchange Ltd, built up to advance exchanging of electrical power in India.
On June 5, 2009, the organization, through their entirely claimed backup, Tata Consultancy Services Canada Inc, gained 100% enthusiasm for ERI Holdings Corp. On January 1, 2010, the organization, through their entirely possessed backup, TCS Iberoamerica S.A., bought into 100% enthusiasm of TCS Uruguay S.A. On January 1, 2010, they obtained 100% enthusiasm of MGDC S.C., Mexico, through their entirely possessed backups, TCS Uruguay S.A. what's more, TCS Argentina S.A.
In June 2010, the organization marked a multi-year outsourcing contract with Telenor Norway. On June 30, 2010, Syscrom S.A., Chile converged with Tata Consultancy Services BPO Chile SA, an entirely claimed backup of TCS Inversiones Chile Limitada. Additionally, Custodia De documents Internets Limitada, Chile converged with Tata Consultancy Services BPO Chile SA, an entirely possessed backup of TCS Inversiones Chil Limitada.
Amid the year 2010-11, the organization set up five backups, in particular, MahaOnline Limited, Diligenta 2 Limited, MS CJV Investments Corporation, Retail FullServe Limited and CMC eBiz Inc. Additionally, Financial Network Services (H.K.) Limited was sold and de-enlisted amid the year.
The Company went into a concurrence with the Government of Maharashtra as per which another auxiliary organization, MahaOnline Ltd (MahaOnline) was set up on July 28, 2010, with value cooperation from TCS and Government of Maharashtra. MahaOnline gives online web-based native administrations to the occupants in Maharashtra. This native administration entry is coordinated with DigiGov, a best in class e-Governance arrangement created by TCS.
On August 31, 2010, Diligenta Limited, a larger part claimed auxiliary, obtained the whole offer capital of Unity
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