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Tata Consultancy Services


Founded in 1968, Tata Consultancy Services (TCS) is one of the oldest providers of IT and business process outsourcing (BPO) services in India.

The IT services powerhouse is part of Tata Group, one of Asia's largest conglomerates, and is headquartered in Mumbai, India.

In October, TCS announced plans to buy over all of Citigroup's stake in Citigroup Global Services--the India-based BPO arm of Citigroup--for US$505 million. With this acquisition, TCS is now the No. 2 BPO company in India.

Meanwhile, TCS continues to expand its footprint in China. The Indian IT services giant recently unveiled a 300-seat global delivery center in Tianjin, China, its fourth Chinese delivery center after Beijing, Shanghai and Hangzhou. TCS' China operation currently employs 1,300 people.

This company is listed in Software infrastructure, Business applications, Security, Services.



Financials
Fiscal year-end March FY08 FY07 FY06 FY05 FY04
Global revenue (US$millions) 5,816.2 4,319.0 3,017.3 2,258.7 —
Global full-year net income (US$millions) 1,260.3 971.4 676.0 455.4 —
Average year-on-year revenue growth over 4 years 37.13%
Average year-on-year net income growth over 4 years 40.62%
Percentage of revenue from Asia (including Japan/Korea) 14.2%

Operations
Founded 1968 India
First Asian office 1968 India
Global employees 114,007
Global employees in Asia 5,000
Asian economies: Total 8 China, Hong Kong, India, Indonesia, Malaysia, Singapore, Taiwan, Thailand

* Data correct as of October 2008. Information was compiled by ZDNet Asia from sources such as official reports, corporate Web sites and financial news sites. ZDNet Asia strived to get the latest information but does not guarantee the correctness or completeness of the data. The information provided on this site is for general informational purposes only and is not an offer to buy or sell any securities.

ZDNet Asia Top Tech categories
Systems  |   Networking and communications  |   Storage management  |   Security  |   Software infrastructure  |  
Services  |   Business applications  |   Internet services  |  


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