Shares Homepage - BSE Sensex, NSE Nifty, Latest Prices, Live News, Company Search, Result Annoucements, Company News, Top stories, Gainers Losers, Top Performers, Market Commentary, Live Quotes, Bulk Deals
India's preferred Personal finance destination
Home Shares News Centre F&O Mutual Funds IPO Portfolio Commodity Loans Financial Planning Insurance About Us
Markets Companies Research Industries E-Mail Page
Wealth Tracker      Tax Corner NRI Centre Chat Masala Feedback
my Last 5 Scrips
Company BSE Price(Rs) % Chg
Tata Stl 499.75 0.98
I T C Lt 272.90 1.71
Reliance 1103.90 1.22
State Ba 260.15 0.44
Tata Mot 252.45 0.20
Clear All Clear Last
Shares
NSE Live
Nifty Live Prices
Live Quotes
Top Gainers/Losers
Top 10 Turnover
No Delivery Stocks
BSE Live
BSE30 Live Prices
Live Quotes
Top Gainers/Losers
Top 10 Turnover
No Delivery Stocks
Market Pulse
Leaders
Laggards
FII Activity
Mutual Fund Activity
Meetings
Results Watch
Results Calendar
Results Announced
IPO Watch
Company
Snapshots
Quotes
Charts
Financials
Recent News
Broker Research
Meetings
Research Tutorial
Discussion Forum
Research
Research Reports
Sector Watch
Economy Watch
 
Tata Consultancy Services Limited
Sector:IT IT - Software - Large
BSE:532540NSE:TCSBloomberg:TCS@INReuters:TCS.BO
Market Lot: 1Face Value: 1ISIN Demat: INE467B01029
QuotesSnapshotChartsFinancialsResearchRecent News
Peer GroupAGM/AMMF HoldingDiscussion ForumBSE/NSE NoticesBSE/NSE Deals

 
10-Jul-2018
Business Profile
Tata Consultancy Services (TCS), a part of the Tata group, provides information technology and management consultation services to organizations in more than 53 countries. The company offers e-business, application development and maintenance, architecture and technology consulting, engineering, security, infrastructure development and management and quality consulting services.

In addition, TCS offers software packages for electronic banking, insurance billing, customer relationship management, and hospital management. It caters to finance and banking, insurance, telecommunication, transportation, retail, manufacturing, pharmaceutical, energy and utility industries. The company generates around 19% of its revenues from the manufacturing industry, and 6% of its revenues from its engineering and industrial services (EIS) business.

The company was founded in the year 1968 and is based in Mumbai. It has over 89,000 trained IT consultants in 47 countries. The company generated consolidated revenues of USD 4.3 billion for the fiscal year ended March 2007. TCS went public in 2004, raising USD 1.17 billion in one of the largest initial public offerings.

Financials
The company reported fall of 3.95% in consolidated net profit on y-o-y basis to Rs 65.45 billion, while total income rose 2.74% y-o-y basis to Rs 317.74 billion for the quarter ended December 2017.

Recent Developments
10-JUL-18
Tata Consultancy Services (TCS), a leading IT services, consulting and business solutions firm, witnessed a 23.5% rise in the consolidated net profit on year-on-year basis (a 6.3% rise on sequential basis) to Rs 73.40 billion for the quarter ended June 2017.

29-JUN-18
Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization announced that its flagship product TCS BaNCS has been implemented by Euroclear Finland for all asset classes.

13-JUN-18
Tata Consultancy Services (TCS) will hold a meeting of the board of directors of the company on June 15, 2018, to consider a proposal for buyback of equity shares of the company.

12-JUN-18
Tata Consultancy Services, (TCS), a leading global IT services, consulting and business solutions organization announced today that its Customer Intelligence & Insights (CI&I),

07-JUN-18
Tata Consultancy Services (TCS), a leading IT services, consulting and business solutions organization, announced that Bahrain National Holding (BNH) has selected TCS BaNCS for Insurance as part of its ambitious transformation strategy to enhance both Enterprise Agility and Customer- centric growth in Bahrain.

06-JUN-18
Tata Consultancy Services (TCS), a leading IT services, consulting and business solutions organization, today announced the expansion of its strategic partnership with Alcatei-Lucent Enterprise (ALE), a leading provider of On-premise and Cloud-hosted Communications and Networking solutions for small, medium and large enterprises.

05-JUN-18
Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization announced that its flagship product TCS BaNCS was ranked the number two best-selling Universal Banking system by UK based IBS Intelligence.

23-MAY-18
Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization, today welcomed more than 430 new employees to St. Petersburg, Florida, as part of its ground breaking agreement with Transamerica to transform the administration of its U.S. insurance and annuity business lines.



Future Plans
Diligenta, a subsidiary of TCS, has announced that it has entered the UK BPO life assurance market having secured a USD 486 million deal with Pearl, the Peterborough based closed fund group. Diligenta will provide BPO services over an initial 12-year period for Pearl group in processing and administration.

TCS has been recommended enterprise-wide for ISO 9001:2000, BS 7799-2:2002 and BS 15000-1:2002 certifications. This is the largest, enterprise-wide multiple certification of an IT solutions organization to date. It is the company`s second enterprise-wide achievement after it became the first company to be assessed enterprise-wide, for CMMI and PCMM at Level 5 in 2004.

TCS has planned a CAPEX of Rs 10,000 million for the current financial year. It employs more than 60,000 people and will be adding more than 30,000 this year. This will amount to net addition of around 25,000 employees. The company plans to increase its headcount in Hyderabad to 10,000 by 2010 from over 4,200 now.

TCS is planning to open an outsourcing center in Poland and thereby mark its presence in 34 countries across the world.

Tata Consultancy Services is negotiating about 5 to 10 IT services deals of USD 50 to USD 100 million each across various verticals.

In Brief

 
Home | Shares | F&O | Mutual Funds | Loans | Insurance | News Centre
Wealth Tracker | Tax Corner | NRI Centre | Search in myiris | Advertise
All rights reserved. IRIS Business Services Limited
Disclaimer