Preview

Tata Consultancy Service(Mnc Company)

Powerful Essays
Open Document
Open Document
1578 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Tata Consultancy Service(Mnc Company)
TATA CONSULTANCY SERVICES
INTRODUCTION
Tata Consultancy Services Limited (TCS) (BSE: 532540, NSE: TCS) is an Indian multinational information technology (IT) services, business solutions and consulting company headquartered in Mumbai, Maharashtra. TCS is a subsidiary of the Tata Group and is listed on the Bombay Stock Exchange and the National Stock Exchange of India. It is one of India's most valuable companies and is the largest India-based IT services company by 2012 revenues. The company is the largest India-based IT services company by employee count as well.
HISTORY
1968 to 2000 Tata Consultancy Services (TCS) was founded in 1968. Its early contracts included providing punched card services to sister company TISCO (now Tata Steel), working on an Inter-Branch Reconciliation System for the Central Bank of India, and providing bureau services to Unit Trust of India.
In 1975, TCS conducted its first campus interviews, held at IISc, Bangalore. The recruits comprised 12 Indian Institutes of Technology graduates and three IISc graduates, who became the first TCS employees to enter a formal graduate trainee programme. In 1979, TCS delivered an electronic depository and trading system called SECOM for the Swiss company SIS SegaInterSettle. TCS followed this up with System X for the Canadian Depository System and automating the Johannesburg Stock Exchange. TCS associated with a Swiss partner, TKS Teknosoft, which it later acquired.
In 1981, TCS established India's first dedicated software research and development centre, the Tata Research Development and Design Centre (TRDDC) in Pune. In 1985 TCS established India's first client-dedicated offshore development centre, set up for client Tandem.
In the early 1990s the Indian IT outsourcing industry grew rapidly due to the Y2K bug and the launch of a unified European currency, Euro. TCS created the factory model for Y2K conversion and developed software tools which automated the conversion process and

You May Also Find These Documents Helpful

  • Powerful Essays

    Watson in 1914 to lead the company and after surviving the Great Depression, Watson changed the name of CTR to International Business Machines (IBM) in 1924 (ANBHF, 2005, p14). From the beginning, IBM has defined itself not by selling products, which ranged from punch card tabulators to electronic computers, but by its research and development (Bellis, 2013).…

    • 2991 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    Toyota Financial Services (TFS) recently undertook a major business transition programme to in-source its back-office functions. This required that a large number of Toyota and Lexus retail finance contracts, together with all their associated transaction data, be converted from an external IBM mainframe-based system to an in-house system. The new system was based on the Lynx "Portfolio" software package using Unix and Oracle technology. ATD consultants worked closely with TFS throughout the data conversion project in the following roles:…

    • 10247 Words
    • 41 Pages
    Powerful Essays
  • Satisfactory Essays

    Tut 6

    • 489 Words
    • 2 Pages

    Tata caotalizes on its family conglomerate networks to enhance its position as government supplier in numerous business sectors.…

    • 489 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Super Bowl Case Study

    • 1513 Words
    • 7 Pages

    TCS on the other hand set up their China operations in 2002 thereby becoming the first Indian IT company…

    • 1513 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Because Tata is a known and popular brand in India, and their benefit of being a domestic firm, they are easily able to maintain their consumer focused operation style.…

    • 550 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    These changes will allow Tata to optimally position its economic, social, and environmental sustainability efforts while addressing the company’s growing global presence, the evolving definitions of sustainability, and the increasing demand from stakeholders for measurement and transparency. Internally, the company will develop a concise definition of sustainability and a “Sustainability Credo” to guide corporate innovation and evaluation efforts. A key element of the ten year sustainability strategy recommendation is the creation of Tata Sustainable Solutions (TSS), a wholly-owned subsidiary that will allow the company to centralize disparate initiatives and provide role clarity, financial and measurement transparency for all Tata companies. While the structure of TSS will allow the company to raise additional capital and expand its sustainability efforts, TSS will be closely integrated with every Tata company, ensuring that the culture of corporate social responsibility continues and that the unique perspective and innovations from each company are nurtured and strengthened. This subsidiary will allow Tata to formalize specific initiatives and goals, putting a formal framework in place for leadership and organizational continuity. The organizational structure and operating processes of TSS will be outlined in detail in our recommendations.…

    • 3674 Words
    • 15 Pages
    Best Essays
  • Satisfactory Essays

    Thomas Cook (India) Ltd (TCIL) is the rule engaged travel and travel related exchange related affiliations relationship in for spendable mixture the nation offering a clearing level of affiliations that join Foreign Exchange, Corporate Travel, MICE, Leisure Travel, Insurance, Visa & Passport affiliations and E-Business. The affiliation set up its first office in India in 1881.TCIL's foot formed impression beginning now contacts more than 234 regions (checking 23 air terminal counters) in 96 urban locale crosswise over India, Mauritius & Sri Lanka and is bolstered by an in number extra strategy of 110 Gold Circle Partners and 112 Preferred Sales Agents in more than 134 urban ranges transversely over India. ICRA has doled out entire arrangement…

    • 1206 Words
    • 5 Pages
    Satisfactory Essays
  • Powerful Essays

    T&T Co. is a Cochin-based private construction and Architecture Company, established in 1995 mainly undertaking projects concerning building and bridge constructions. The company is headed by a board of directors, led by Mr. Thahir C.A. The head office of the company is situated in Aluva, Cochin district of Kerala.…

    • 3053 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Case Study

    • 814 Words
    • 4 Pages

    Tata Consultancy Services is a unit of the Tata Group, and a sister division to Tata Motors, a company that will compete in India – and potentially other parts of the world – with Chrysler (see the Chapter 2 opening case). Tata Motors recently purchased the Jaguar and Land Rover brands from Ford Motor Company. One of TCS’s focus markets is the automotive industry. TCS provides services for product development, manufacturing, supply chain, and customer service support to the leading auto manufacturers and suppliers in North America, Europe, and Japan. More than 15 percent of TCS’s $4.3 billion in annual revenue came from the services for auto manufacturers.…

    • 814 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Narayan Murthy

    • 709 Words
    • 3 Pages

    In 1995, Infosys set up development centers across cities in India and in 1996, it set up its first office in Europe in Milton Keynes, UK.…

    • 709 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Applications are invited from the eligible candidates for recruitment of 156 number of Telecom Technical…

    • 4101 Words
    • 17 Pages
    Good Essays
  • Best Essays

    TATA COMMUNICATION is a leading global provider of a new world of communications. Tata Global network includes one of the most advanced technology which is used by them.…

    • 2104 Words
    • 9 Pages
    Best Essays
  • Powerful Essays

    Jamsethpur

    • 2059 Words
    • 9 Pages

    The hand of history has woven the tapestry of the Tatas. Just over a hundred years ago, Jamsetji Tata requested the Secretary of State, Lord George Hamilton, for the co-operation of the British Raj in starting India’s first steel works. On the hundredth anniversary of the registration of Tata Iron & Steel Company, the company won the bid to purchase the Anglo-Dutch steel giant CORUS. And so the wheel has turned a full circle.…

    • 2059 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Government Tenders

    • 1529 Words
    • 7 Pages

    The project and each of the deliverables were incremental in nature. The initial step was to acquire complete understanding of the current system and understand the details of every feature. The next step was to analyze offerings of the competitors and try to develop a checklist of must-have features in the system. The next step being identification of markets in India and other developing countries and simultaneously incorporate the requirements of international markets like the accounting standards, language support and reporting standards specific to the respective regions…

    • 1529 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Consultancy Services

    • 3381 Words
    • 14 Pages

    Indian CST provides its consultancy expertise to Central Governments, State Governments, Central PSUs, Commercial and Cooperative Banks, Other Institutions, Municipal Corporations, Universities and Not-for-Profits organizations. ICS brings on board capabilities in the areas of Innovative Solutions using technology, strategy and planning, implementation, process designing & improvement, and capacity building.…

    • 3381 Words
    • 14 Pages
    Powerful Essays