TATA CONSULTANCY SERVICE LTD

Introduction:

Tata Consultancy Services (TCS) provides information technology and management consulting services to organizations in more than 53 countries. The company offers e-business, application development and maintenance, architecture and technology consulting, engineering, security, infrastructure development and management, and quality consulting services. In addition, TCS offers software packages for business functions such as applications for electronic banking, insurance billing, customer relationship management, and hospital management. It caters to finance and banking, insurance, telecommunication, transportation, retail, manufacturing, pharmaceutical, and utility industries. The company was founded in 1968 and is based in Mumbai, India. It has more than 150 offices worldwide. TCS operates as a subsidiary of Tata Sons Ltd.

S. Ramadorai serves as Chief Executive Officer of Tata Consultancy Services (TCS). Mr. Ramadorai is Chairman of Tata Technologies Ltd. and Chairman of CMC Ltd. He has been a Director of CMC Ltd. since October 16, 2001. Mr.Ramadorai holds a Bachelors degree in Physics from Delhi University, a Bachelor of Engineering in Electronics and Telecommunications from Indian Institute of Science, Bangalore and a Masters degree in Computer Science from the University of California. Mr. Ramadorai took the Senior Executive Development Program at MIT's Sloan School of Management in 1993.

One of India's oldest software-services companies, Tata Consultancy Services took a big step in 2004: It went public, raising $1.17 billion in India's largest initial public offering. However, a one-time $23.5 million charge on employee incentives kept profit growth to 27.5%, lagging peers in a fast-growing industry -- and leaving investors momentarily disappointed. Already the market leader, TCS is looking for forward growth in high-value businesses such as technology consulting, software embedded in electronic chips, and radio frequency identification (RFID). And, excited about combining India's software skills with China's electronic hardware prowess, CEO S Ramadorai is expanding rapidly in Hangzhou.

Company Information:

STOCK INFO	NA
Revenues*	$2.2 BILLION
Revenue Growth	36.6%
Return on Equity	70.5%
Total Return	44.3%†
Profits*	$502.7 MILLION
Industry	SERVICES

Historical Background of TATA Consultancy Service:

TCS founder of Fakir Chand Kohili it was formed in July 1998 to address demand from mid-sized businesses for a cost-effective, user-friendly, and highly flexible financial management package capable of scaling with a growing organisation. TCS required a high performance database upon which to build our application, and selected Caché from InterSystems. Caché uniquely combined robust object and relational technologies, enabling ORCA Financial users to manipulate and access data faster and with ease.

The first ORCA Financial installation was completed in March 2000. Continual enhancements ensure that the application stays competitive at all times while leveraging the business benefits derived from using the latest technologies.

The quality and inventiveness of ORCA Financial was recognized in 2000 with an honorable mention at the Caché Innovators Awards, presented by InterSystems at its annual Worldwide Developers Conference.

TCS Vision & Mission

Vision:

To continually strive to achieve excellence - both on and off the job.

"TCS will be recognized and respected as professional, innovative, profitable information, and knowledge based logistics/services enterprise. TCS embeds internet based technologies into its internal operating structures and as business solutions for customers; with customer, employee and shareholder interests at the core of its operations; demonstrating a clear concern for ethical conduct and good corporate citizenship; with the objective of growing into a regional and global player, with emphasis on the Middle East, Europe and North America".

Mission:

"To direct all our organizational efforts at building upon the existing organizational strengths and brand recognition to achieve enhanced levels of profitable growth in the core business, and diversify into new areas that compliment and supplement the core business, with the diversification aimed at achieving excellence and industry leader status in the new areas. The TCS People will however be encouraged to be open to unconventional ideas and services and recognize new trends at very early stages".

BOARD OF DIRECTORS

Tata Consultancy Service:

Ramodorai Subramanian (CEO)

Jayant Pendharkar

(Chief Marketing Officer)

Ajoyendra

Mukherjee

Seturaman

Manhalingam. (CFO)

Chandraskarao.N

(COO)

Yogesh

Thakoor

Santosh Mohnth

Girija Pande (EVP)

Vishawawanthan

Anantha Krishnan