Financial Analysis of Hcl
Financial AnalysisTCS & HCL
October 23
2010
CF ASSIGNMENT1 SUBMITTED BY: Amrita Pratap (043009) Hitaishi Gupta (043026) SaurabhDugar (043049)
Analyzing the Profit and Loss Account, Share price and Balance Sheets of the two companies and understanding the condition of the companies in terms of its top and bottom line.
Financial Analysis-TCS & HCL
Tata Consultancy Services (TCS) is a Software services consulting company headquartered in
Mumbai, India. TCS is the largest provider of information technology and business process outsourcing services in Asia.TCS has offices in 42 countries with more than 142 branches across the globe. The company is listed on the National Stock Exchange and Bombay Stock Exchange of India. TCS is a flagship subsidiary of one of India's largest and oldest conglomerate company, the Tata Group, which has interests in areas such as energy, telecommunications, financial services, manufacturing, chemicals, engineering, materials, government and healthcare.
HISTORY:
In the early 1970s, Tata Consultancy Services started exporting its services. The company pioneered the global delivery model for IT services with its first offshore client in 1974. TCS's first international order came from Burroughs, one of the first business computer manufacturers. TCS was assigned to write code for the Burroughs machines for several US-based clients.This experience also helped TCS bag its first onsite project - the Institutional Group & Information Company (IGIC), a data centre for ten banks, which catered to two million customers in the US, assigned TCS the task of maintaining and upgrading its computer systems. In 1981, TCS set up India's first software research and development center, the Tata Research Development and Design Center (TRDDC). The first client-dedicated offshore development center was set up for Compaq (then Tandem) in 1985. In 1989, TCS delivered an electronic depository and trading system called SECOM for SIS
October 23
2010
CF ASSIGNMENT1 SUBMITTED BY: Amrita Pratap (043009) Hitaishi Gupta (043026) SaurabhDugar (043049)
Analyzing the Profit and Loss Account, Share price and Balance Sheets of the two companies and understanding the condition of the companies in terms of its top and bottom line.
Financial Analysis-TCS & HCL
Tata Consultancy Services (TCS) is a Software services consulting company headquartered in
Mumbai, India. TCS is the largest provider of information technology and business process outsourcing services in Asia.TCS has offices in 42 countries with more than 142 branches across the globe. The company is listed on the National Stock Exchange and Bombay Stock Exchange of India. TCS is a flagship subsidiary of one of India's largest and oldest conglomerate company, the Tata Group, which has interests in areas such as energy, telecommunications, financial services, manufacturing, chemicals, engineering, materials, government and healthcare.
HISTORY:
In the early 1970s, Tata Consultancy Services started exporting its services. The company pioneered the global delivery model for IT services with its first offshore client in 1974. TCS's first international order came from Burroughs, one of the first business computer manufacturers. TCS was assigned to write code for the Burroughs machines for several US-based clients.This experience also helped TCS bag its first onsite project - the Institutional Group & Information Company (IGIC), a data centre for ten banks, which catered to two million customers in the US, assigned TCS the task of maintaining and upgrading its computer systems. In 1981, TCS set up India's first software research and development center, the Tata Research Development and Design Center (TRDDC). The first client-dedicated offshore development center was set up for Compaq (then Tandem) in 1985. In 1989, TCS delivered an electronic depository and trading system called SECOM for SIS