Tata Consultancy Services (TCS) is an Indian multinational information technology (IT) services and consulting company with its headquarters in Mumbai. It is a part of the Tata Group and operates in 149 locations across 46 countries. In July 2022, it was reported that TCS had crossed 6 lakh or 600,000 Employees worldwide.
TCS is the second largest Indian Company by market capitalisation and is among the most valuable IT service brands worldwide. In 2015, TCS was ranked 64th overall in the Forbes “World’s Most Innovative Companies” ranking, making it one of the highest-ranked IT services companies and a top Indian company. As of 2018, it is ranked eleventh on the Fortune India 500 list. In April 2018, TCS became the first Indian IT company to reach $100 billion in market capitalisation and the second Indian company ever (Reliance Industries achieved it in 2007) after its market capitalisation stood at ₹6.793 trillion (equivalent to ₹7.7 trillion or US$97 billion in 2020) on the Bombay Stock Exchange.
In 2016–2017, parent company Tata Sons owned 72.05% of TCS and more than 70% of Tata Sons’ dividends were generated by TCS. In March 2018, Tata Sons sold stocks of TCS worth $1.25 billion in a bulk deal. As of 15 September 2021, TCS has recorded a market capitalisation of US$200 billion, making it the first Indian IT firm to do so.
As of March 2021, TCS had a total of 50 subsidiary companies and operated in 46 countries.
TCS has operations in the following locations:
Ahmedabad, Bengaluru, Baroda, Bhubaneswar, Chennai, Coimbatore, Delhi, Gandhinagar, Goa, Gurugram, Guwahati, Hyderabad, Bhopal, Indore, Jamshedpur, Kalyan, Thane, Kochi, Kolkata, Lucknow, New Delhi, Mumbai, Nagpur, Noida, Nashik, Patna, Pune, Thiruvananthapuram, and Varanasi.
Asia (excluding India):
Bahrain, China, Israel, UAE, Hong Kong, Indonesia, Japan, Malaysia, the Philippines, Saudi Arabia, Singapore, South Korea, Taiwan, Thailand, and Qatar.
Belgium, Bulgaria, Denmark, Finland, France, Germany, Hungary, Iceland, Republic of Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, and the United Kingdom.
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