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Tata
Consultancy
ServicesĀ (TCS)
is
an
IndianĀ multinationalĀ information
technologyĀ (IT)
services
andĀ consultingĀ company
with
its
headquarters
inĀ Mumbai.Ā It
is
a
part
of
theĀ Tata
GroupĀ and
operates
in
150
locations
across
46
countries.Ā In
July
2022,
it
was
reported
that
TCS
had
over
600,000
employees
worldwide.
TCS
is
the
second
largestĀ Indian
companyĀ by
market
capitalisation
and
is
among
the
most
valuable
IT
service
brands
worldwide.Ā In
2015,
TCS
was
ranked
64th
overall
in
theĀ ForbesĀ "World's
Most
Innovative
Companies"
ranking,
making
it
one
of
the
highest-ranked
IT
services
companies
and
a
topĀ Indian
company.As
of
2018,
it
is
ranked
eleventh
on
theĀ Fortune
India
500Ā list.
In
2021,
TCS
recorded
a
market
capitalisation
of
US$200
billion,
making
it
the
first
Indian
IT
firm
to
do
so.
TCS
is
one
of
the
largestĀ private-sectorĀ employers
inĀ India,
and
the
fourth-largest
employer
among
listedĀ Indian
companiesĀ (afterĀ Indian
Railways,Ā Indian
Army,
andĀ India
Post).
TCS
has
crossed
more
than
600,000
employees
as
of
8
July
2022.
The
number
of
non-IndianĀ nationals
was
21,282
as
of
31
March
2013
(7.7%).
The
employee
costs
for
the
FY
2012ā13
were
US$4.38
billion,
which
was
approx.
38%
of
the
total
revenue
of
the
company
for
that
period.Ā In
the
fiscal
year
2012ā13,
TCS
recruited
a
total
of
69,728
new
staff,
of
whom
59,276
were
based
inĀ IndiaĀ and
10,452
were
based
in
the
rest
of
the
world.
In
the
same
period,
the
rate
of
attrition
was
10.6%.
The
average
age
of
a
TCS
employee
is
28
years.Ā The
employee
utilisation
rate,
excluding
trainees,
for
the
FY
2012ā13
was
82%.
TCS
was
the
fifth-largest
United
States
visa
recipient
in
2008
(afterĀ Infosys,Ā CTS,Ā Wipro,
andĀ Mahindra
Satyam).Ā In
2012,
theĀ Tata
GroupĀ companies,
including
TCS,
were
the
second-largest
recipient
of
H-1B
visas.Ā As
of
Jan
2020,
TCS
has
over
4,00,000+
employees.
It
is
the
world's
third-largest
IT
employer
behindĀ IBMĀ andĀ HP.