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Tata Consultancy Services Limited, originally known as Tata Computer Systems, was established in 1968 by Tata Sons Limited. [12] The company's initial contracts involved providing punched card services to its sister company TISCO (now Tata Steel ), developing an Inter-Branch Reconciliation System for the Central Bank of India , [ 13 ] and ...
BSE: 532663: 1989 US$93 million (2010) US$12 million (2010) 1,916 [10] Sonata Software: BSE: 532221: 1986 US$220 million (2010) NA 2,951 [11] Tata Consultancy Services (TCS) BSE: 532540: 1968 US$13.44 billion(31 March 2014) US$2.59 billion(31 March 2014) 3,85,809 Tata Elxsi: BSE: 500408: 1989 US$100 million (2013) US$3.5 million (2013) 3,500 ...
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.
In financial accounting, a balance sheet (also known as statement of financial position or statement of financial condition) is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity.
Earlier named the Investment Corporation of India, the company is primarily involved in investing in long-term investments such as equity shares, debt instruments, listed and unlisted, and equity-related securities of companies in a wide range of industries.
On 16 October 2014, thirteen years after the Tatas had acquired a majority stake in CMC, the Board of Directors of CMC decided to merge the company into Tata Consultancy Services Limited. The merger took effect on 1 October 2015. CMC employees become TCS employees with same CMC daily wage package.
Normal Balances refer to whether the balance for an account in a properly-formed trial balance is usually a debt or a credit. A normal balance also reflects the accounting equation. If a trial balance for an account is reversed, such an account is called a "contra-account" (e.g. accumulated depreciation as an asset or owners drawings as equity ...
Tata Consultancy Services: TCS.BO 532540 IT Services & Consulting: Tata Motors: TATAMOTORS.BO 500570 Automobile: Tata Steel: TATASTEEL.BO 500470 Steel: 21 June 2021 [10] Tech Mahindra: TECHM.BO 532755 IT Services & Consulting: Titan Company: TITAN.BO 500114 Diamond & Jewellery: 23 December 2019 [7] UltraTech Cement: ULTRACEMCO.BO 532538 Cement ...
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