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In September 2021, TCS recorded a market capitalization of US$200 billion, making it the first Indian IT company to achieve this valuation. [6] [7] [8] In 2012, it was the world's second-largest user of U.S. H-1B visas. [9] In 2024, parent company Tata Sons owned 71.74% of TCS, [10] and close to 80% of Tata Sons' dividend income came from TCS. [11]
The ex-dividend date is almost always on a Thursday, and the associated record date is the Friday immediately following. Exceptions to this timetable are usually special dividends, and dividends provided by overseas issuers who only have a secondary listing on the London Stock Exchange. Before 9 October 2014, the ex-dividend date was usually ...
Tranzum Courier Service, commonly known as TCS, is a Pakistani courier and logistics company which is based in Karachi. It was founded as a joint venture with DHL by a former Pakistan International Airlines (PIA) flight engineer, Khalid Nawaz Awan and his brother Sadiq Awan in 1983.
The dividend yield or dividend–price ratio of a share is the dividend per share divided by the price per share. [1] It is also a company's total annual dividend payments divided by its market capitalization, assuming the number of shares is constant. It is often expressed as a percentage.
Rajesh Gopinathan (born 1971) is an Indian Executive who was former CEO and MD of Tata Consultancy Services (TCS), an Indian IT services and consulting organization and one of the country's largest employers. [1] He was elevated to the role of Chief Executive in February 2017 after serving as the Chief Financial Officer since 2013. [2]
The Tata Sons board voted to remove Cyrus Mistry from the Chairmanship of Tata Sons on 24 October 2016. [9] [10]In July 2018, the National Company Law Tribunal (NCLAT), issued a verdict in favour of Tata Sons on charges of mismanagement levelled by Mistry in 2016, two months following his ousting as chairman through a vote of non-confidence. [11]
Faqir Chand Kohli (19 March 1924 – 26 November 2020) was a co-founder and the first CEO of TCS Tata Consultancy Services, India's largest software services company.He was also associated with other companies within Tata Group, including Tata Power Company and Tata Elxsi, and had been President of Indian Information Technology (IT) services advocacy body NASSCOM.
TCS BaNCS is a core banking software suite developed by Tata Consultancy Services for use by retail banks. [ 2 ] It includes functions for universal banking , core banking , payments, wealth management, forex and money markets, compliance, insurance, securities processing, custody, financial inclusion, Islamic banking and treasury operations.