Tata Consultancy Services
Indian multinational technology company / From Wikipedia, the free encyclopedia
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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] As of June 2023, it was the world's second-largest user of U.S. H-1B visas.[14]
Company type | Public |
---|---|
ISIN | INE467B01029 |
Industry | Information technology Consulting Outsourcing |
Founded | 1968; 56 years ago (1968) |
Founder | J. R. D. Tata |
Headquarters | Mumbai, India |
Area served | Worldwide |
Key people | Natarajan Chandrasekaran (Chairman) K. Krithivasan (CEO) |
Revenue | ₹245,315 crore (US$31 billion)[1] (2024) |
₹61,997 crore (US$7.8 billion)[1] (2024) | |
₹46,099 crore (US$5.8 billion)[1] (2024) | |
Total assets | ₹146,449 crore (US$18 billion)[2] (2024) |
Total equity | ₹91,319 crore (US$11 billion)[2] (2024) |
Number of employees | 601,546[3] (March 2024) |
Parent | Tata Group |
Subsidiaries | |
Website | www |
Footnotes / references [4][5] |
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]