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TCS Net Worth: TATA Consultancy Services (TCS) is undoubtedly one among the most important IT companies of the planet which was made in India. TCS may be a multinational information technology (IT) company that was created by the TATA sons way back in 1968. it’s its headquarters situated in Mumbai, Maharashtra, and has the most important workplace located in Chennai, Tamil Nadu , India. TCS is found all round the world and it operates during a total of 149 locations across 49 different countries
In recent years, TCS has seen a huge rise within the market. TCS became the second Indian company to cross the $100 billion market capitalisation after Reliance industries. Though, as far because it companies are concerned, TCS remains the primary Indian IT company to cross $100 billion in market capitalisation . TATA sons were the founding father of TCS and in 2017, they owned 72.05% of TCS shares.
Recently, due to the Covid-19 pandemic, all the workers of TCS were allowed to figure from home. There was an entire shutdown within the company due to the pandemic, but the work from home idea suited everyone well. Now, everything seems to get on track and therefore the company is functioning just like the youth .
TCS Net Worth
TCS may be a multinational company which features a very huge market capitalization , net worth, and total assets. it’s a net worth of $160 billion which may be a very massive figure and it also makes the corporate one among the most important within the world. the entire assets of TCS are $17 billion and therefore the total market capitalization is $160 billion. TCS is looking better than ever and that they are producing some very outstanding works. they’re going to continue to grow more and more, because the IT sector remains growing.
Name TATA Consultancy Services
Net Worth 2021 $160 Billion
Net Worth in Indian Rupee s 12 Lakh Crore
Net income 2020: US$4.5 billion
Revenue ₹1.62 trillion (US$23 billion, 2020)
Total Assets (2020) US$17 billion
Total Equity (2020) US$160 billion
Founder: Faquir Chand Kohli, J. R. D. Tata, Tata Sons
CEO Rajesh Gopinathan (21 Feb 2017–Present)
Founded: 1 April 1968
TCS Subsidiaries: TCS China AND TRDDC
Inception
Whenever we hear anything associated with TATA, we already know that the matter is large . Same during this case is well. TATA Consultancy Services (TCS) is an IT company that was founded by the division TATA sons limited way back in 1968. During those days, India was growing at a really high rate and corporations like TCS et al. helped the state . TCS wont to provide punch card services to its sister company TISCO (TATA steel now). the worth and price of TCS began to grow exponentially. In 1975, they delivered an electronic trading and depository system to Swiss company named SIS. There are many other electronic systems that were developed by TCS for various Purposes.
TCS was also working in partnership with a Swiss company named TKS Technosoft. Although it had been later acquired by TCS. In 1993, TCS partnered with another Canadian company, Integrity Software Corp, which was also acquired by TCS.
This is how TCS got its roots spread throughout the planet . They made much amazing software and electronic systems which made an enormous impact.
Points Information
Company Name Tata Consultancy Services limited
Founder Name Faquir Chand Kohli, J. R. D. Tata, Tata Sons
Parents Company Tata Sons
Date of Establishment 1 April 1968
Headquarter Mumbai, Maharashtra
Revenue (in 2020) INR 1.62 lakh crores
CEO Rajesh Gopinathan (21 Feb 2017–Present)
Registered Address 9th floor, Nirmal Building Nariman Point, Mumbai, MH 400021, India
Company Status Active
Website www.tcs.com
Evolution
The evolution of the corporate started since its inception. That’s the simplest part about TCS. it had been introduced way back in 1968 and since its inception, the corporate started performing some good not only in India but all round the world. Few years after its inception, the corporate started working in several countries and also started making software and electronic systems.
In 2004, the corporate finally made itself a publically listed company. the corporate became the primary Indian IT company to enter within the bioinformatics market.
TCS made history in 2011, because it overtook RIL to become India’s biggest company of any type and also achieved the very best market capitalisation . In 2017, TCS China was presented with the Chinese government. TCS surpassed Accenture to be the world’s most precious IT company, by the top of 2020. TATA Consultancy Services has quite 380,000 offices in around 46 countries. TCS also features a total of 58 subsidiary companies.
Awards & Achievements
For a corporation as big as TCS, awards and achievements don’t matter tons , but as for records, TCS features a very long list of awards and accolades. it’s won a complete of 6 Asia Pacific Stevie Awards for its amazing performance, agility, friendly environment, and lots of more. it’s also won The Know List award for outstanding achievement in IT sector.
Conclusion
TCS may be a multinational company and there isn’t tons which we will say about it. TCS is that the biggest IT company of the planet and is serving since a really while . Since it’s inception in 1968, the corporate never looked back and kept performing some amazing things. They developed many outstanding electronic systems and software which helped many in their businesses and works. the corporate has served the whole nation and lots of other countries is well. Having quite 380,000 offices all round the world may be a record in itself. There are many employees who serve the corporate and therefore the company also gives them the respect and standing which they deserve.
