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Tata Consultancy Services (TCS) is an Indian multinational technology company specializing in information technology services and consulting. Headquartered in Mumbai , it is a part of the Tata Group and operates in 150 locations across 46 countries. [ 4 ]
The company faced cash flow issues and began using cash collected on behalf of vendors for its own expenditures, which delayed payments to those vendors. [ 1 ] By 2017, disagreements over management strategies between Mannan and TCS founder Khalid Awan became apparent. [ 1 ]
Tata Consultancy Services (TCS) – Asia's largest IT company and world's largest software and services company Computational Research Laboratories – Tata initiative in high performance computing; C-Edge Technologies – TCS-SBI joint venture; Tata Elxsi – product design and technology company
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The Tata Group (/ ˈ t ɑː t ɑː /) is an Indian group of companies headquartered in Mumbai. [3] [4] Established in 1868, it is India's largest business conglomerate, with products and services in over 160 countries, and operations in 100 countries.
On 19 August 1977, it was converted into a public limited company, again wholly owned by the GoI. In October 2001, CMC was privatized by the GoI, [6] and was divested to a leading Indian IT firm, Tata Consultancy Services (TCS), which is the largest software services company in Asia. [7] In 1977, the Janata Party government took office in India.
Under Rajesh’s leadership, the market capitalization of the company crossed USD 100 billion during April 2018, [8] making TCS the most valuable company in India. In 2021, TCS’ brand value grew by $1.4 billion over the prior year to USD 15 billion and was ranked among the Top 3 most valuable brands in the IT Services sector globally ...
Palantir , the AI-focused data company whose stock rose almost 340% this year, joined the Nasdaq in December. US Treasuries : The yield on the 10-year US Treasury note edged to 4.57% on Tuesday.