Tata Consultancy Services Ltd

HSL Code: TCSLTD | BSE Code: 532540 | NSE Symbol: TCS | ISIN: INE467B01029

Tata Consultancy Solutions Ltd (TCS) is an technology (IT) organization. The organization offers a range of IT services, outsourcing and company solutions. They also offer IT facilities services, company process outsourcing services, technological innovation and commercial services, international talking to and resource utilized solutions. Their sections include financial, financial services and insurance; manufacturing; retail store and submission, and phone system.

The organization is a part of Tata Team, one of India`s well-known company conglomerates and well-known brands. They are located in Mumbai. They are having 142 offices in 42 nations as well as 105 distribution centres in 20 nations. The organization shares are detailed on the NSE and BSE. TCS Ltd was incorporated in the season 1968. Tata Kids Ltd recognized the organization as department to support their digital pc (EDP) requirements and offer control talking to services. In the season 1971, they began their first worldwide assignment. The organization developed the international distribution style for IT services with their first overseas customer in 1974. 

In the season 1981, the organization set up India`s first IT R&D department, the Tata Analysis Design and Growth Center at Pune. In the season 1985, they set up their first client-dedicated overseas development middle for Compaq (then Tandem). In the season 1989, they delivered a digital depository and dealing plan known as SECOM for SIS SegaInter Settle, Swiss. In the season 1997, the organization began out their new corporate training service at Trivandrum. In the season 1998, they began virtualization of company. In the season 1999, they got SEI-CMM Stage 5 documentation for their Qwest, HP, SEEPZ & Sholinganallur centers. Also, in the season 20000, they got SEI-CMM Stage 5 documentation for their Calcutta, Bangalore, Lucknow, Hyderabad, GEDC, Ambattur and Ahmedabad centers. In the season 2001, the organization completed the getting public market unit, CMC Ltd. In the season 2002, they extended their location into new growth markets like China/ Uruguay.

 The organization saw outsourcing opportunity in E-Commerce and relevant solutions and set up its E-Business department with ten people. By 2004, E-Business was contributing half a billion dollars USD to the organization. During the season 2004-05, the organization obtained WTI Advanced Technology Ltd and TCS Business Transformation Solutions Ltd (Previously, Phoenix Global Solutions (India) Ltd), subsequently these two organizations became the subsidiaries of the organization. In Aug 9, 2004, the organization became a publicly detailed organization. During the season 2005-06, the organization obtained three organizations Comicrom S A, Chile, Financial Network Services (Holdings) Pty Ltd, Australia (FNS) and SITAR. The organization made ideal alliances with Diligenta Ltd for Lifestyle Insurance Policy Company. Also, they joined into a Combined Project Agreement with the SBI bank in India. 

The new organization was formulated and named C-Edge Technologies Ltd (C-Edge) for offering advanced technology solutions and excellent domain talking to for the banking and financial services market. During the season, the organization stepped into a new area for an Indian IT Solutions Company. In Apr 2005, Tata Infotech Ltd with their three completely possessed subsidiaries, namely Airline Financial Support Services (India) Ltd, Aviation Software Development Consultancy India Ltd and TCS Business Transformation Solutions Ltd were combined with the organization. During the season 2006-07, the organization in partnership with the Govt of Madhya Pradesh recognized a organization, namely MP On the internet Ltd, for offering a variety pc allowed services in the Condition of Madhya Pradesh. 

The organization subsidiaries TCS Asia Pacific Pte Ltd and TCS Malaysia Sdn Bhd, decided upon 100% discuss investment of PT TCS, Malaysia, a organization recognized for offering talking to and IT relevant services in Malaysia TCS Holland B V, a completely possessed additional obtained 75% value attention in Swiss centered TKS - Teknosoft S A, for a concern of Rs 368.06 crore. TCS FNS Pty Ltd, another additional obtained 100% value attention in an Australia centered organization, TCS Management Pty Ltd, for a complete concern of Rs 15.75 crore. In addition, TCS FNS Pty Ltd decided upon 100% discusses investment Financial Network Services Beijing Co Ltd to offer talking to and IT relevant services in Chinese suppliers. The organization, through their completely possessed subsidiaries TCS BPO Chile S A and TCS Inversions Chile Limited, decided upon 100 % discuss investment Tata remedy Center S A, to offer BPO services in Ecuador. During the season 2007-08, the organization began out a centre in Cincinnati, USA, and a huge centre in Indian at Hyderabad and laid the foundation for a huge centre in Pune. They released a major product building initiative in order to communicate and distribute its new product positioning. 

Also, they finalized a new multi-year contract with Chrysler LLC for offering a comprehensive profile of IT services. TKS services S.A., Quarta movement Application Technological innovation S.A. and TCS Financial Solutions Limited combined with TCS Swiss LTD with impact from Apr 1, 2007. In May 25, 2007, the organization through their completely possessed additional, Tata Consultancy Services Do Brazil Desenvolvimento De Servicos Ltda, obtained 100% . Also, Tata Consultancy Services Ltd Do Brazil Desenvolvimento De Servicos Ltda and GT Participacoes S.A. have combined with Tata America International Corporation with impact from summer 1, 2007. 

In summer 21, 2007, the organization decided upon 100% discuss investment of Tata Consultancy Services Ltd The other agents SARL AU, a organization recognized for offering a variety pc allowed services in The other agents. In summer 13, 2007, the organization through their completely possessed additional, Tata America International Corporation, obtained 100% voting energy in TCS Financial Management LLC. In Oct 23, 2007, the organization decided upon 60% of the discuss investment of Tata Consultancy Services Ltd (Africa) (Pty) Limited, a Company recognized for offering IT services and investing in organizations in South African-American. 

In Jan 24, 2008, the organization sold their shareholding attention in their associate Conscripti (Pty) Ltd, for Rs 3.83 crore. In Goal 2008, the organization began out their Northern America Delivery Center known as TCS Seven Hills Park. During the season 2008-09, the organization obtained Citigroup Inc. `s (Citi) 96.26% attention in TCS e-Serve Ltd (formerly known as Citigroup Global Solutions Limited), the India-based attentive BPO, for a complete concern of USD 504.54 thousand. In addition, Citi finalized a binding agreement with the organization to offer procedure-outsourcing services to Citi and their associates for a combination amount of USD 2.5 billion dollars over a period of 9.5 years. 

During the season, the organization through their additional, Tata Consultancy Services Ltd Asia Hawaiian Pte Ltd, decided upon 100% discuss investment of Tata Consultancy Services Ltd (Thailand) Ltd and Tata Consultancy Services Ltd (Philippines) Inc. In summer 2008, the organization got $11.5 thousand life changing deal to style, install and incorporate a tax administration system for the Uganda Revenue Authority (URA). In summer 29, 2008, the organization won the highest systematic improvement award and moved to the Industry Leader position in the Tata Business Excellence Model ("TBEM") at the JRD QV Prizes ceremony. In Oct 22, 2008, the Tata InfoTech Deutschland GmbH has combined with Tata Consultancy Services Ltd Deutschland GmbH. The combined entity is a completely possessed additional of the organization. 

In Dec 11, 2008, the organization decided upon 50% discusses investment of Nationwide Power Return Ltd, recognized to promote dealing of electrical energy in Indian. In summer 5, 2009, the organization, through their completely possessed additional, Tata Consultancy Services Ltd North America Inc, obtained 100% attention in ERI Holdings Corp. In Jan 1, 2010, the organization, through their completely possessed additional, TCS Iberoamerica S.A., decided upon 100% attention of TCS Uruguay S.A. In Jan 1, 2010, they purchased 100% attention of MGDC S.C., Mexico, through their completely possessed subsidiaries, TCS Uruguay S.A. and TCS Argentina S.A. In summer 2010, the organization finalized a multi-year outsourcing contract with Telenor Norwegian. In summer 30, 2010, Syscrom S.A., Chile combined with Tata Consultancy Services Ltd BPO Chile SA, a completely possessed additional of TCS Inversiones Chile Limitada. Also, Custodia De documentos Interes Limitada, Chile combined with Tata Consultancy Services Ltd BPO Chile SA, a completely possessed additional of TCS Inversiones Chil Limitada.

 During the season 2010-11 , the organization set up five subsidiaries namely, MahaOnline LTD, Diligenta 2 LTD, MS CJV Investment strategies Organization, Retail FullServe LTD and CMC eBiz Inc. Also, Financial Program Solutions (H.K.) LTD was liquidated and de-registered during the season. The Company joined into a binding agreement with the Govt of Maharashtra pursuant to which a new additional organization, MahaOnline Ltd (MahaOnline) was installation on summer 28, 2010 with value contribution from TCS and Govt of Maharashtra. MahaOnline provides online internet-based resident services to the citizens in Maharashtra. This resident support website is incorporated with DigiGov, a state-of-the-art e-Governance remedy designed by TCS. In Aug 31, 2010, Diligenta LTD, a majority possessed additional, obtained the entire discuss investment of Unisys Insurance Services Solutions LTD (UISL), which provides life and retirement benefits services to its clients in the UK. On this purchase, UISL was relabelled as Diligenta 2 LTD. 

In Oct 4, 2010, Tata America International Organization - a completely possessed additional, obtained 100% discuss investment of MS CJV Investment strategies Organization. Consequently, the team holding in Tata Consultancy Services Ltd (China) Co., Ltd. has increased from 65.94% to 74.63%. In Oct 8, 2010, the Company obtained 100% value discuss investment of SUPERVALU Solutions Indian Pvt Ltd from SUPERVALU Inc., one of the largest grocery retailers in Northern America. In Dec 2010, the organization released their new company procedure outsourcing (BPO) middle in the Malaysia. The organization won a legal obtain establishing and managing the Condition Details Center for situations of Uttar Pradesh. 

In Feb 2011, they finalized five-season contract with du, the incorporated telecommunications support agency in the United Arabic Emirates. In addition, they released iON - a fully incorporated technology remedy for Small and Medium Business (SMB). iON provides on-demand company solutions using scalable reasoning processing technology. It has been designed to deliver IT in the third generation support style to SMBs. In Aug 2011, the organization and the Singapore Management University (SMU) declared the establishment of the TCS-SMU iCity Lab to be located at SMU. The cooperation agreement finalized states the two organizations are integrating to create a new information service to develop market requirements and IT frameworks for the emerging brilliant city (iCity) style of urban development. 

In Dec 2011, Call Genie Inc. declared that it has joined into a five-season reseller agreement with TCS the IT services, talking to and company solutions firm, whereby TCS will sell the complete package of Call Genie and UpSnap Mobile products worldwide. In Feb 2012, the organization finalized a multi-year, multi-million European contracts with Europcar. After a extensive assessment procedure, Europcar Information Solutions (EIS), the company`s IT additional, selected TCS to manage ideal IT Solutions development for its French functions. In addition, the organization and Mitsubishi Organization declared a new joint venture, Nippon TCS Solution Center Ltd, for the Japanese people market. Nippon TCS Solution Center will offer a complete support package of IT, BPO and Facilities services to Japanese people organizations. TCS Asia will have 60% share with Mitsubishi Organization having a 40% share. The joint venture will also establish a near shore distribution middle in Asia.