Home » Business » What is TCS? When was it set up?
What is TCS? When was it set up?
June 17, 2004 07:30 IST
TCS, the IT giant
What is TCS? When was it set up? Take the Rediff Business Quiz and find what you know about TCS, India's largest IT company.
Biz Quiz is best viewed in Internet Explorer (IE) and Netscape above version 6.0.
1. What is TCS? a) Tata Community Services b) Tata Computer Software c) Tata Consultancy Services
Wrong! Try again..
Wrong! The correct answer is Tata Consultancy Services. Tata Consultancy Services is the largest software services company in Asia. TCS, a part of the Tata Group, has become the first Indian company to cross the $1-billion mark, clocking revenue of Rs 5,100 crore (Rs 51 billion) in FY03. TCS had a turnover of more than Rs 7,000 crore (Rs 70 billion) in FY04. Over 60 per cent of the company's revenues are from its businesses in the United States, through onshoring and offshoring. TCS on June 10 filed draft IPO papers with SEBI for a listing on the stock market. TCS employs 28,000 persons.
Correct! Tata Consultancy Services is the largest software services company in Asia. TCS, a part of the Tata Group, has become the first Indian company to cross the $1-billion mark, clocking revenue of Rs 5,100 crore (Rs 51 billion) in FY03. TCS had a turnover of more than Rs 7,000 crore (Rs 70 billion) in FY04. Over 60 per cent of the company's revenues are from its businesses in the United States, through onshoring and offshoring. TCS on June 10 filed draft IPO papers with SEBI for a listing on the stock market. TCS employs 28,000 persons.
2. On which stock exchanges does TCS plan to list? a) BSE and NSE b) CSE, BSE and NSE c) BSE, NSE and Nasdaq
Wrong! Try again..
Wrong! The correct answer is on BSE and NSE. TCS plans to sell 55 million equity shares through its initial public offering. The offer is being made through the book-building process and the retail investors will receive 25% of the shares on offer. Analysts expect the shares to be priced between Rs 900 and Rs 1,000 per share. The current shareholders of TCS -- Tata Sons, various Tata trusts and construction magnate Pallonji Mistry and family -- are expected to be richer by Rs 4,000 crore (Rs 40 billion) after the public offer. The issue is to be listed on the Bombay Stock Exchange and National Stock Exchange India.
Correct! TCS plans to sell 55 million equity shares through its initial public offering. The offer is being made through the book-building process and the retail investors will receive 25% of the shares on offer. Analysts expect the shares to be priced between Rs 900 and Rs 1,000 per share. The current shareholders of TCS -- Tata Sons, various Tata trusts and construction magnate Pallonji Mistry and family -- are expected to be richer by Rs 4,000 crore (Rs 40 billion) after the public offer. The issue is to be listed on the Bombay Stock Exchange and National Stock Exchange India.
3. When was TCS set up? a) 1980 b) 1975 c) 1968
Wrong! Try again..
Wrong! The correct answer is 1968. TCS was founded in 1968 as an internal arm of the Tata conglomerate. The company -- which has locations in 32 countries -- employed some 30,000 workers at the end of 2003. Fakir Chand Kohli, former deputy chairman of Tata Consultancy Services, is universally regarded as the father of the Indian software industry. He has been instrumental in scripting the success story of company. Kohli has been awarded the Padma Bhushan, one of India's highest civilian honours, for his contribution to the Indian software industry. Kohli currently serves on the TCS' executive committee.
Correct! TCS was founded in 1968 as an internal arm of the Tata conglomerate. The company -- which has locations in 32 countries -- employed some 30,000 workers at the end of 2003. Fakir Chand Kohli, former deputy chairman of Tata Consultancy Services, is universally regarded as the father of the Indian software industry. He has been instrumental in scripting the success story of company. Kohli has been awarded the Padma Bhushan, one of India's highest civilian honours, for his contribution to the Indian software industry. Kohli currently serves on the TCS' executive committee.
4. Which public sector firm did TCS acquire in 2001? a) Balco b) VSNL c) CMC
Wrong! Try again..
Wrong! The correct answer is CMC. CMC Limited commenced operations as Computer Maintenance Corporation in 1976. In 2001, TCS acquired the government's 51% stake in CMC through the divestment route. CMC contributes around 69% to its revenues from India. The company, which successfully completed India's census project for 2001, has plans to bid for similar projects across the world including in the United States. CMC has also announced its intentions to hire about 500 professionals in the current financial year.
Correct! CMC Limited commenced operations as Computer Maintenance Corporation in 1976. In 2001, TCS acquired the government's 51% stake in CMC through the divestment route. CMC contributes around 69% to its revenues from India. The company, which successfully completed India's census project for 2001, has plans to bid for similar projects across the world including in the United States. CMC has also announced its intentions to hire about 500 professionals in the current financial year.
5. Who is the CEO of TCS? a) R Ramanan b) S Ramadorai c) Ratan Tata
Wrong! Try again..
Wrong! The correct answer is S Ramadorai . S Ramadorai joined TCS as a junior engineer. In 1979, he had been entrusted with the charge of setting up and developing TCS' base in the United States. He became the CEO of the company in 1996. Ramadorai also received several top prizes including CNBC Asia Pacific's Asia Business Leader of the Year award. In 2002, the US-based Consulting magazine named him among the top 25 most influential consultants in the world, the only Indian CEO on the list. He is also the vice chairman of the National Association of Software and Services Companies.
Correct! S Ramadorai joined TCS as a junior engineer. In 1979, he had been entrusted with the charge of setting up and developing TCS' base in the United States. He became the CEO of the company in 1996. Ramadorai also received several top prizes including CNBC Asia Pacific's Asia Business Leader of the Year award. In 2002, the US-based Consulting magazine named him among the top 25 most influential consultants in the world, the only Indian CEO on the list. He is also the vice chairman of the National Association of Software and Services Companies.