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TCS - Time Customer Service history
TCS - Time Customer Service company history timeline
Tata Consultancy Services launched as a division of Tata Sons on April 1, 1968, as a management and technology consultancy that would create demand for downstream computer services.
Subramanian Ramadorai, who had set up TCS’ operations in the US in 1979 and had subsequently become a Senior Vice President and Deputy COO, was formally named the CEO.
After 22 years at the helm during which he built and shaped the company, F C Kohli stepped down from his executive role in 1996 and was named Vice Chairman.
In the year 2002 they expanded their geography into new growth markets like China/ Uruguay.
During the year 2005-06 the company acquired three companies Comicrom S A Chile Financial Network Services (Holdings) Pty Ltd Australia (FNS) and Swedish Indian IT Resources AB (SITAR). The company made strategic alliances with Diligenta Ltd for Life Insurance business.
In June 21 2007 the company subscribed to 100% share capital of Tata Consultancy Services Morocco SARL AU a company formed for providing a range of computer enabled services in Morocco.
During the year 2007-08 the company opened a centre in Cincinnati USA and a large centre in India at Hyderabad and laid the foundation for a large centre in Pune.
In January 24 2008 the company sold their shareholding interest in their associate Conscripti (Pty) Ltd for Rs.
In March 2008 the company opened their North America Delivery Center called TCS Seven Hills Park.
During the year 2008-09 the company acquired Citigroup Inc.'s (Citi) 96.26% interest in TCS e-Serve Ltd (formerly known as Citigroup Global Services Limited) the India-based captive BPO for a total consideration of USD 504.54 million.
In June 30 2010 Syscrom S.A. Chile merged with Tata Consultancy Services BPO Chile SA a wholly owned subsidiary of TCS Inversiones Chile Limitada.
During the year 2010-11 the company set up five subsidiaries namely MahaOnline Limited Diligenta 2 Limited MS CJV Investments Corporation Retail FullServe Limited and CMC eBiz Inc.
On 16 October 2014 the Board of Directors of TCS and CMC approved merger of CMC with TCS. The swap ratio for the merger was fixed at 79 equity share of Re.
The company Wins 2015 SAP Pinnacle Award - Euroclear Finland launches Infinity powered by TCS BaNCS for Market Infrastructure.
Uber gets into damage control with the story of a changed company post 2017
The company was voted the Overall Most Outstanding Company in India in Asiamoney's 2018 Asia's Outstanding Companies poll.The company was named the Fastest Growing Brand of the Decade in IT Services globally by Brand Finance.
On 26 June 2019 pursuant to exercise of put option by Mitsubishi Corporation Tata Consultancy Services Asia Pacific Pte.
Ltd. acquired additional 15% stake in its joint venture with Mitsubishi Corporation in Tata Consultancy Services Japan Ltd.TCS Financial Solutions Australia Holdings Pty Limited was deregistered with effect from 29 January 2020.
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TCS - Time Customer Service competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Remex | - | - | - | 3 |
| United In One | 1918 | $24.7M | 15 | - |
| United Marketing Group | - | $1.4M | 15 | - |
| Facs | - | $500,000 | 50 | - |
| Coverdell | 1963 | $350,000 | 6 | - |
| Protocol Marketing | 1988 | $420,000 | 2 | - |
| Allegra Marketing Print Mail | 1977 | $6.9M | 83 | 1 |
| Anomaly Squared | 2011 | $81.0M | 100 | 9 |
| YesVideo | 1999 | $11.2M | 200 | - |
| Driven Solutions | 1968 | - | 176 | - |
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TCS - Time Customer Service may also be known as or be related to TCS - Time Customer Service, Tcs - Time Customer Service, Inc., Time Customer Service Inc and Time Customer Service, Inc.