Tata Consultancy Services Ltd
NSE: TCS BSE: 532540
₹2436.50
-62.60 (2.50%)
Sun, 08 Nov 2026, 10:01 am
Market Cap (in Cr)905462.59
PE Ratio17.08
Dividend2.64
Technology Services
Information Technology Services
24.5KTata Consultancy Services Ltd Company History
2000
- Launched Personal Accountant software in Guwahati.
- Awarded multi-million-dollar contract for Saudi Arabia insurance internet system.
- Signed global alliance with Chordiant Software for e-business infrastructure.
- Set up Rs 40-crore joint venture with Housing Development Finance Corporation for IT-enabled services.
- Entered tie-up with PrimeResponse for e-marketing solutions.
- Entered alliance with Broadvision for e-business solutions in India.
- S Ramadorai appointed Director on Tata Industries Ltd board.
- Emerged as Asia's largest software and services company and launched computer security consultancy practice.
- Proposed three additional development centres including Coimbatore.
- Signed MoU with Jataayu Software for WAP technology.
- Opened four new offices in US for technology services and R&D.
- Bagged two awards from Hyderabad Software Exporters Association.
- Received Global Partnership Award 2000 from AIESEC International.
- Delphi Automotive Systems tied up with TCS for embedded software development.
- Entered strategic partnership with universal description, discovery and integration project.
2001
- Signed MoU with IIT Madras for Centre of Excellence on computational engineering.
- Entered agreement with Institute for Development and Research in Banking Technology for messaging solution.
- Earmarked Rs 200-crore corpus for R&D in bio-informatics and net security.
- Entered partnership with Skandinaviska Enskilda Banken, Ankar Capital, and Compas Venture for wealth management products.
- Tata Infotech may merge with TCS.
- Emerging as leading Indian software exporter with Rs 2,870.26 crore exports.
- Signed up with Ericsson for telecom solutions via Hyderabad Global Development Centre.
- Spread operations to Asia-Pacific with regional headquarters in Singapore.
- Entered multi-year agreement with Centre for DNA Fingerprinting and Diagnostics.
- Initiated spadework for initial public offering.
- Announced as member of Oracle mobile partner initiative.
- Opened new office in Portland, Oregon.
2002
- Bagged Rs 500 crore order from SBI.
2003
- Set up dedicated department to train employees in foreign languages.
- Made turnkey project for Chennai Telephone call centre.
- Became new BPO partner of Aviva.
- Issued digital certificates to 12 delegates.
2004
- Tied up with Bharat Petroleum for medical advisory services at Ghar.
- Acquired Singapore Airlines' 51% stake in Aviation Software Development Consultancy India for Rs 14.03 crore.
- Released PowerPac-G with BHEL for power generation plants.
- Tata Sons transferred 51.12% stake in CMC to TCS for Rs 380 crore.
- Opened automotive centre of excellence in Detroit, US.
- Appointed Fleishman Hillard for international PR operations.
- Acquired Phoenix Global Solutions from Phoenix Companies Inc.
- Entered strategic global OEM partnership with i2.
- PNB mandated TCS to deploy HR solutions.
- Joined hands with PeopleSoft for PNB human capital management project.
- Ratan N Tata, S Ramadorai, and Aman Mehta joined TCS board.
- Signed long-term contract with Bahrain National Holding for insurance services.
- eSeva APOnline launched Home Seva initiative.
- Set up ninth development centre near Chennai.
- Made stock market debut on August 25.
- CHiPS joined TCS as digital certificate issuing authority.
- TCS MD received inaugural Indo-US Business Excellence award.
- Set up office in Brussels.
- Joined hands with US firm for wireless payment platform.
- APTS joined TCS to issue digital certificates.
- Forged alliance with Israeli biotech firm.
- Forged alliance with TAFE Global.
- Announced alliance with MIT Sloan Center for Information Systems Research.
- Tied up with Ferrari for IT and engineering services for 2005 racing car.
2005
- Forged alliance with Hyperion.
- Entered strategic partnership with Computer Associates for eTrust security solutions.
- Entered MoU with NAL for aerospace solutions.
- Set up new development centre in Kochi.
- Introduced two new offerings for pharma and clinical trials market.
- Crossed $2 billion revenue and $500 million net profit marks.
- SICO selected TCS and Microsoft as strategic partners.
- Forged alliance with US-based QAD Inc.
- Inked pact with Italian company.
- BindView formed alliance with TCS.
- Received UK Trade and Investment Special Recognition Award.
- Entered global partnership with SAP AG for Adaptive Manufacturing Solutions.
2006
- Got interior design deal from Boeing Company.
- Appointed Mrs Laura M Cha as Independent Director.
- Signed seven-year agreement for managed IT services with Somerfield.
- Signed services contract with United Biscuits.
- Gave bonus in 1:1 ratio.
2007
- Bagged $1.2 billion outsourcing contract from Nielsen.
- Assigned BBB corporate credit rating with positive outlook by Standard & Poor's.
- Rolled out new solutions for airlines.
2008
- Signed new multi-year contract with Chrysler LLC for IT services.
- Signed five-year global contract with Ericsson for application maintenance and development.
2009
- Bagged multi-year IT solutions contract from Infineon Technologies for SCM.
- Won $80 million outsourcing contract from UK's Child Maintenance and Enforcement Commission.
- Opened new Global Delivery Center in Buenos Aires, Argentina.
2010
- Bagged multi-year deal from British government for National Employment Savings Trust.
- Signed multi-year outsourcing contract with Norway's Telenor.
- Bagged five-year IT infrastructure management contract from AGL Energy.
- Diligenta strengthened UK position with £250 million life and pension business wins.
- Hilton Worldwide signed multi-year agreement with TCS.
- Hua Xia Bank and TCS won Best Core Banking Project Implementation Award.
2011
- CUA appointed TCS BaNCS for Online Banking Platform transformation.
- Diligenta won $2.2 billion contract with Friends Life.
- Positioned as Leader in Banking Applications Outsourcing by Everest Group.
- Launched major partnership with Amsterdam Marathon.
- Appointed official technology partner to Pro cycling team Garmin-Cervelo.
- Awarded Supplier of the Year by Owens Corning.
- Ranked 7th Greenest Company in Newsweek's Green Rankings 2011 Global 500.
- Won top European award for excellence.
- Launched TCS BaNCS Mobile Trading in India.
- Launched new Trading & Surveillance Platform for Market Infrastructure.
- Ranked third in FinTech 100.
2012
- Won SAP Award of Excellence for Project Spectrum.
- Won innovation award in France.
- Signed deal with South Africa Nedgroup Insurance.
- Named in Achievers 50 Most Engaged Workplaces in US.
- Launched Passport Seva Kendra in Delhi.
- Launched rapid implementation offering for Oracle Fusion HCM.
- Signed agreement with Scandinavian Airlines for F&A platform.
- Entered agreement with UK-based hospitality business chain.
- TCS China ranked among Top 10 Global Service Providers.
- Bagged prestigious contract from UK Home Office Department.
- Bagged Partner Impact Awards from SAP.
- Bagged 2011 Eaton Premier Supplier Award.
- Won People Choice award from US National Science Foundation.
- Ranked Leader in Worldwide Life Science Sales and Marketing IT Outsourcing by IDC MarketScape.
2013
- Placed as Leader in Oracle Application Management Services by leading research firm.
- Designated Leader and 2012 Star Performer in Capital Markets Application Outsourcing by Everest Group.
- Selected by Nokia as global IT partner.
- Added over $1 billion in brand value.
- Expanded UK operations in Liverpool.
- Placed as Leader in Oracle Application Management Services by Gartner.
- Received Partner Excellence Award from Pegasystems.
- Completed acquisition of French IT Services firm ALTI.
- Launched Mobile Telematics Solution for Auto Insurers.
- TCS BaNCS won best custody solution at 2013 Global Custodian Awards.
- Won multiple Corporate Engagement Awards in Europe.
2014
- Launched new Digital Software & Solutions Group for digital commerce and customer centricity.
- Diageo selected TCS as strategic partner.
- Introduced new Software Assurance Solution co-developed with Nissan.
- Recognized as Leader in Retail Banking BPO by NelsonHall.
- TCS UK won Gold Award for Innovation in Learning.
- Named Exclusive Certification Services Provider for CDMI Conformance Testing by SNIA.
- Won Association of Management Consulting Firms Award.
- Won Leading Vendor Award for Quality Assurance Services.
- Positioned as Leader in Capital Markets BPO by Everest Group.
- TCS UK recognized at Hr Network National Awards 2014.
- Received Top Workforce Award at 2014 Diversity and Inclusion Awards.
- Launched User Experience Center of Excellence in Cincinnati, Ohio.
2015
- Signed multi-year partnership with Virgin Atlantic Airways.
- Virgin Atlantic selected TCS for Digital Transformation programme.
- Research Scholarship Programme expanded to 200 more Computer Science PhDs in India.
- Consolidated long-term partnership with City of Amsterdam.
- Recognised as leader in Ovum Decision Matrix.
- Recognized as Leader and Star Performer in Capital Markets Application Outsourcing by Everest Group.
- Ranked #1 on performance and customer satisfaction in Europe's largest business leaders survey.
- Won three Brandon Hall Group Awards.
- Singapore Airlines and TCS introduced mobile solution for cabin crew.
- Recognized as industry's fastest growing brand over last five years.
- Entered strategic partnership with iRise.
- Launched Business Process Innovation, Simulation & Visualization as a Service (VaaS).
- Expanded operations with new Banking and Financial Services center in Singapore.
- Declared one-time bonus worth Rs 2,628 crore to employees.
- Won 2015 SAP Pinnacle Award.
- Euroclear Finland launched Infinity powered by TCS BaNCS for Market Infrastructure.
- Ranked 57th leading brand in US by Brand Finance.
- Announced Premier Partnership with Adobe for Digital Marketing Solutions.
- Released study showing over 80% of companies increased revenue via IoT investments.
- Announced Global Strategic Partnership with FICO.
2016
- TCS Japan started Cloud Communication Infrastructure Service ASTEPLUG Cl for Mitsubishi Corporation Group.
- Recognized as Leader in Workplace Services by independent research firm.
- Launched Optumera and OmniStore Retail Solutions.
- Recognized as Leader in Manufacturing Service Life-Cycle Management by IDC Marketscape.
- Launched Voice over LTE solution.
- Launched Digital Reimagination Studio in Silicon Valley.
- Recognised as Superbrand in UK.
- Recognized as Global Top Employer.
- Recognized as Leader and Star Performer in Healthcare Payer IT Services for second year by Everest Group.
- Recognized as Leader in Magic Quadrant for Application Testing Services for third year by Gartner.
2017
- Certified as Top Employer in North America 2017.
- Ranked as one of top 3 global brands in IT Services by Brand Finance.
- Launched new centre in Patna for Digital India opportunities.
- Recognized as Leader in Gartner Magic Quadrant for Application Testing Services.
- Won Oracle Integrated Cloud Partner of the Year Award in UK & Ireland.
- TCS Japan launched ignio AI for IT Operations.
- Collaborated with SATS on world-first smart watch solution for airport ramp operations.
- Named winner of CA Technologies 2017 Partner Award.
- Honored with Best Supplier Award by Infineon.
- Partnered with Aurus to enhance omnichannel payment solutions with OmniStore.
- Recognized as Leader in Workplace Services PEAK Matrix by Everest Group.
- Recognized as Leader and Star Performer in Digital Services by Everest Group.
- Won Veritas AMS Global Strategic Partner of the Year Award.
- National University signed pact with TCS to enhance employability skills.
- Recognized as Leader in NelsonHall Big Data and Analytics NEAT Report 2017.
- Recognized as Leader for Life Sciences Drug Safety Services by IDC MarketScape.
- Partnered with Fairfax on three major running events in Australia.
- Recognized as Leader in Life Sciences Social Media Analytics by IDC MarketScape.
- BNP Paribas Securities Services and TCS joined forces on blockchain for asset servicing.
- Launched Connected Clinical Trials Platform on Advanced Drug Development Suite.
- Recognized as Leader in BI Platform Implementation Services.
- Launched Engineering Environment as a Service on Red Hat OpenStack Platform.
- Collaborated with ACORD on digital transformation for insurance industry.
- Launched first Drones Research Lab in Cincinnati, Ohio.
2018
- Launched Next-Generation Private Cloud in Canada.
- Ranked #1 Top Employer in Asia Pacific.
- Collaborated with Red Hat to build next-gen solutions accelerating digital transformation.
- Launched new version of Connected Clinical Trials Platform at TCS ADD Vantage.
- Scored Gold in EcoVadis CSR Assessment for fifth year.
- Named Leader in Capital Markets BPO Services by Everest Group for sixth consecutive year.
- TCS and Singapore Airlines launched solution for digital ground operations.
- Won Association for Talent Development’s 2018 BEST Award.
- Launched Intelligent Power Plant Solution for utilities operations.
- Expanded longstanding partnership with Phoenix Group.
- Acquired BridgePoint Group.
- Named Leader in IDC MarketScape for Global DevOps Services.
- Teamed up with SAP to build Intelligent Rail Digital Maintenance Solution.
- Won Company of the Year Award for achievements in Canada.
- Won Hr NETWORK Scotland National Award 2018 for IT Futures Program.
- Recognized as Leader in Open Banking IT Services by Everest Group.
- Ranked #1 for customer satisfaction in survey of leading Swiss organizations.
2019
- Positioned as Leader in Financial Crime and Compliance Operations Services by Everest Group.
- Won Big Data and Analytics Innovation Award for Intelligent Urban Exchange Software.
- Launched Microsoft Business Unit to accelerate Business 4.0 transformation.
- Won Asia IP Elite Award 2019 for creating value through intellectual property.
- Named Leader in Life Sciences Digital Services by Everest Group.
- Launched SaaS platform for financial institutions to automate end-to-end asset servicing.
2020
- Recognized as Leader in Gartner Magic Quadrant for Application Testing Services Worldwide.
- Recognized as Leader in IDC MarketScape for Oracle Implementation and Oracle Cloud Implementation Services.
- Ranked #1 for customer satisfaction by leading German companies.
- Launched IoT-powered Clever Energy solution to accelerate net zero emissions.
- Launched blockchain-based digital bank guarantee platform in Israel with Bank Hapoalim first to sign up.
- Positioned as Leader in Mortgage Operations by Everest Group.
- Recognised as UK Superbrand for customer reputation and community contribution.
- Named Leader in Industry 4.0 Services by Everest Group.
- Recognized as Leader in Data and Analytics Services by Everest Group.
2021
- Ranked among top 3 data and decisions services providers by HFS Research.
- Launched all-women innovation lab in Riyadh contributing to KSA Vision 2030.
- Launched assessment and migration factory for AWS mainframe modernization.
2022
- Tied up with Gujarat Government to impart digital skills in schools.
- New York State Energy Agency certified TCS Clever Energy for smarter energy-efficient buildings.
- Expanded partnership with The Sun-Herald City2Surf.
- Inaugurated Pace Port Pittsburgh co-innovation and advanced research center at Carnegie Mellon University.
- Received Regional Asian Investor Award in Ireland.
2023
- Launched new Generative AI practice in partnership with AWS.
- Launched Gen AI-powered Cyber Insights Platform on Amazon Security Lake.
- Helped VIAVI build O-RAN test solutions to accelerate 5G product launches.
- Won National Intellectual Property Award 2023 and WIPO Users Trophy.
- Named market leader in supply chain services by HFS Research.
- Launched innovative digital solution for life cycle assessment and reporting.
- Won three 2023 Google Cloud Partner of the Year Awards.
- TCS and Marks & Spencer won Retail Partnership of the Year Award.
- Aviva won Celent Model Insurer Award for data and analytics transformation by TCS.
- Great Southern Bank won Model Bank Award with TCS.
- Named leader in multi-cloud managed services by independent research firm.
- Won five 2023 Microsoft Partner of the Year Awards.
- Launched Clever Energy solution on Google Cloud for net zero goals.
2024
- Expanded strategic partnership with Aviva with new 15-year agreement in UK.
- Awarded India's Best Employer Brand by LinkedIn.
- Partnered with Landis+Gyr to deliver next-generation energy efficiency solutions.
- Launched 2025 Cybersecurity Outlook highlighting GenAI, cloud security, and zero trust priorities.
- Inked deal with Bank of Bhutan to modernize digital core and enhance customer experience.
