Tata Consultancy Services
Indian multinational technology company
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March 2025 | TCS acquired Darshita Southern India Happy Homes, a real estate company in India, for $260 million. |
2025 | TCS was named Top Employer in Europe by the Top Employers Institute, recognizing the company's excellence in workplace practices and employee satisfaction. |
2025 | TCS became the 2nd Global IT Services Brand to cross $20 billion in brand value. |
2024 | Tata Sons owned 71.74% of TCS, with close to 80% of Tata Sons' dividend income deriving from TCS. |
November 2023 | The trade secret lawsuit concluded with TCS agreeing to pay US$125 million. |
June 1 2023 | K. Krithivasan assumes the role of CEO and Managing Director of TCS. |
May 2023 | Rajesh Gopinathan concludes his tenure as CEO and Managing Director of TCS. |
2021 | TCS underwent a millennial rebranding, updating its tagline from 'Experience Certainty' to 'Building on Belief'. The company was also one of the largest job providers in India, hiring 43,000 new employees in the first half of the fiscal year 2021–22. |
October 2021 | N. Ganapathy Subramaniam announced that TCS's platforms and products business, including SaaS-based platforms, is valued at approximately $3 billion. |
September 2021 | TCS recorded a market capitalization of US$200 billion, becoming the first Indian IT company to achieve this significant valuation milestone. |
May 2021 | TCS, in collaboration with Neurotechnology, was selected by the Unique Identification Authority of India (UIDAI) to provide biometric technology for the Aadhaar digital ID program. |
January 25 2021 | TCS briefly reclaimed the title of the world's most valuable IT company from Accenture with a market cap of $170 billion, and became India's most valuable company, surpassing Reliance Industries. |
2020 | An appeals court ruled that the US$280 million in punitive damages was 'constitutionally excessive', but upheld US$140 million in compensatory damages. |
November 2020 | TCS acquired two IT services companies: Postbank Systems in Germany and Pramerica Systems Ireland, with the latter adding 1,500 employees. |
October 8 2020 | TCS surpassed Accenture in market capitalization, becoming the world's most valuable IT company with a market capitalization of over $144 billion. |
2019 | An employee filed a sexual harassment complaint with the Kancheepuram labour court, alleging mishandling of the case by Tata Consultancy Services' internal complaints committee. The worker claimed the company delayed investigations and engaged in workplace retribution, including unexplained transfers and biased performance reviews. |
2019 | TCS received four Stevies at the American Business Awards. |
November 2018 | TCS acquired BridgePoint Group, a management consulting firm in the United States. |
March 2018 | Tata Sons sold TCS shares worth $1.25 billion in a bulk transaction. |
2017 | The initial US$940 million fine was reduced to US$420 million. |
2017 | Rajesh Gopinathan becomes CEO and Managing Director of TCS, succeeding Natarajan Chandrasekaran. |
January 2017 | TCS announced a partnership with Aurus, a payments technology company, to deliver payment solutions through TCS OmniStore. In the same year, TCS China entered into a joint venture with the Chinese government. |
April 2016 | A US jury imposed a US$940 million fine on TCS and Tata America International Corp in the trade secret case. |
December 2015 | The lawsuit was further amended by Epic Systems in December. |
January 2015 | The initial lawsuit was amended by Epic Systems in January. |
January 2015 | TCS became India's most profitable company, ending Reliance Industries Limited's 23-year streak of profitability. |
October 2014 | Epic Systems filed a lawsuit against TCS and Tata America International Corp, accusing them of stealing trade secrets in the US District Court in Madison. |
October 6 2014 | Subramaniam Ramadorai concludes his role as Vice-Chairman of TCS. |
May 2013 | TCS was awarded a six-year contract to provide services to the Indian Department of Posts. The company moved from 13th to 10th place on the list of global IT services companies by revenue. |
April 2013 | TCS acquired Alti SA, an IT services company in France, for $97.5 million with 1,200 employees. |
August 2012 | TCS acquired Computational Research Laboratories, a high-performance computing company in India, for $34 million with 80 employees. |
2011 | TCS entered the small and medium enterprises market with cloud-based solutions. On the final trading day of the year, it surpassed RIL to achieve the highest market capitalization of any India-based company. In the fiscal year, TCS achieved annual revenues exceeding US$10 billion for the first time. |
September 2010 | TCS acquired SuperValu Services India, an IT services and BPO company, for $100 million with 600 employees. |
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