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Last 2,606 INR
Change Today +13.80 / 0.53%
Volume 1.2M
TCS On Other Exchanges
Natl India
As of 7:06 AM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

tata consultancy svcs ltd (TCS) Snapshot

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52 Week High
10/7/14 - 2,840
52 Week Low
12/16/14 - 2,345
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tata consultancy svcs ltd (TCS) Details

Tata Consultancy Services Limited provides information technology (IT) and IT enabled services worldwide. The company offers assurance services, such as test consulting and advisory, test services implementation, and managed services; business intelligence and performance management, including business intelligence, business process management, enterprise data management, and integration services; and business process services. It also provides consulting services comprising business change, and business and technology optimization; eco-sustainability services; and engineering and industrial services, including new product development, plant, product lifecycle management, geospatial technology, and computing-based engineering services. In addition, the company offers enterprise security and risk management services; enterprise solutions; iON, a cloud-based ERP solution for small and medium businesses; and IT infrastructure services consisting of end user computing, IT service desk, converged network, managed security, and transformation solutions, as well as data center, application, and enterprise system and IT service management. Further, it provides IT services comprising system custom application development, application management and modernization, system integration, performance engineering, and open source platform services; platform solutions; and supply chain management services. Additionally, the company offers software products, such as digital software and solutions, as well as ignio, TCS BaNCS, TCS MasterCraft, and TCS technology products. It serves banking and financial services, energy, utilities, government, healthcare, high tech, insurance, life sciences, manufacturing, media and information services, resources, retail and consumer products, telecom, travel, transportation, and hospitality industries. The company was founded in 1968 and is based in Mumbai, India. Tata Consultancy Services Limited is a subsidiary of Tata Sons Limited.

Founded in 1968

tata consultancy svcs ltd (TCS) Top Compensated Officers

Chief Executive Officer, Managing Director, N...
Total Annual Compensation: 18.0M
Chief Financial Officer, Vice President and M...
Total Annual Compensation: 4.3M
Global Head of Delivery Excellence Group and ...
Total Annual Compensation: 167.0K
Vice President, Compliance Officer, Company S...
Total Annual Compensation: 2.9M
Compensation as of Fiscal Year 2015.

tata consultancy svcs ltd (TCS) Key Developments

Mercantile Bank Goes Live with TCS BaNCS for Reconciliations

Tata Consultancy Services announced that its client, Mercantile Bank Limited in South Africa, has gone live with TCS BaNCS for nostro Reconciliations within an eight week implementation period. Mercantile Bank started its technology modernization and harmonization program six years ago with the selection of TCS BaNCS for Core Banking in 2008, which subsequently went operational in 2010. The Bank continued to build on its strategy of moving all of its solutions onto an integrated architecture and IT platform by deploying TCS BaNCS for Treasury in 2012. With the Reconciliations solution now going operational, the Bank has a totally integrated Core, Treasury and Reconciliations solution. The deployment of TCS BaNCS for Reconciliations at Mercantile Bank was planned to be completed in 11 weeks but instead went operational in 8 weeks due to pressing needs of the Bank. With the new solution, auto-matching of the same volume of data takes a minute now compared to the previous five minutes, which is an improvement of 80% on the time taken. With a highly configurable rules engine to support auto-matching, there are 70% more transactions automatically matched off in each run, thereby, improving operational efficiencies and sharply reducing risk. Auto-matches are now configured for auto-authorization, almost eliminating manual intervention. Further, the ability to sort, search, filter and export data has gone a long way in improving the user experience for team members at the bank. The integrated solution has provided Mercantile Bank with a true, single view of its customers and products. This integrated platform can, in the future, be used by the Bank for securities and other cash reconciliations.

Tata Consultancy Services Announces the Inauguration of A Japan-Centric Delivery Center

Tata Consultancy Services announced the inauguration of a Japan-centric Delivery Center, located within TCS Sahyadri Park in Pune. The new center augments delivery capabilities of TCS’ 2, 400 strong Japan-based workforce, established in July 2014 in joint venture with Mitsubishi Corporation as part of a strategic expansion in the Japan market. The JDC facilities will cater to specific business needs of Japanese corporations in alignment with their unique expectations enabled by way of localization of global business practices and enhanced language support. Japanese-associates will work closely with Pune center to engender a deliver-environment conducive to customer needs and resonating with the Japanese quality mindset.

Tata Consultancy Services Wins Multiple Awardees Contract for Application Development and System Integration Services

Tata Consultancy Services Ltd., Mumbai, India, won a multiple awardees contract award from Thames Water Utilities Ltd. to provide application development and system integration services. No contract amount was specified (Contract Award Notice No.: 2015/S 159-293047; Lot No.: 1). This OJEU notice covers 2 separate Lots which will be assessed separately: 1. Lot 1 - The establishment of a framework agreement for application development and system integration work. 2. Lot 2 - The selection of a system integrator for the customer relationship management and billing tool being implemented for TW's retail, non-household business. Lot 1 - Suppliers will implement new business applications and associated processes undertake major changes to current and legacy applications and deliver associated infrastructure solutions over the next 2 to 5 years. The total spend going through the framework has been estimated at over GBP 200,000,000 over 5 years with projects ranging in value from GBP 500,000 to GBP 75,000,000. The work will include all facets of IS project delivery, system integration and associated services for new or legacy systems including but not limited to: Service strategy, IT strategy, technical advice and planning, Enterprise architecture planning, Process improvement and design, Feasibility analysis and blueprinting, Requirements analysis, Solution design, Service design, Application development, Testing strategy and test planning, Data quality improvement and migration for service transition, Data management and information management, Information security management, IT asset management, Programme and project management, Quality control, quality assurance and quality management, Design assurance, System integration, Service validation and testing, Business continuity management and IT disaster recovery management, Transition into 'Business-as-usual' operations (and potentially application support and service hosting).


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Price/Sales 5.0x
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