TATA Consultancy Services (TCS)

IT Services and IT ConsultingMaharashtra, India

Tata Consultancy Services Limited (TCS) is an Indian multinational information technology (IT) service, consulting company headquartered in Mumbai, Maharashtra.[2][3] It is part of the Tata Group and operates in 46 countries.[4]

TCS is one of the largest Indian companies by market capitalization.[5][6] TCS is now placed among the most valuable IT services brands worldwide.[7] In 2015, TCS is ranked 64th overall in the Forbes World's Most Innovative Companies ranking, making it both the highest-ranked IT services company and the top Indian company.[8] It is the world's 2nd largest IT services provider.[9] As of 2017, it is ranked 10th on the Fortune India 500 list. In April 2018, TCS became the first Indian IT company to breach $100 billion market capitalization,[10] and second Indian company ever (after Reliance Industries achieved it in 2007)[11] after its m-cap stood at Rs 6,79,332.81 crore ($102.6 billion) in Bombay Stock Exchange.[12][13][14]

In 2016-2017, Parent company Tata Sons owned 70% of TCS;[15] and more than 70% of Tata Sons'​ dividends were generated by TCS.[16] In March 2018, Tata Sons decided to sell stocks of TCS worth $1.25 billion in a bulk deal.[17]

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