Tata Consultancy Services Share price

Our HistoryIn the late 1960's the foundation of Tata Consultancy Services as adivision of Tata Sons was laid. Over the last four decades TCSdivision has assisted in shaping the IT industry in India. We got ourfirst international client in 1971 established the first Burroughsmainframe data centre in India the first IBM mainframe in India andset up our own software research and development division. The 1980ssaw a period of growth for us as we set up software centres for many ofour clients. We were one of the first companies to use the concept ofoffshore development in India. By the late 1990s we crossed the Rs. 10billion mark in revenue. For a substantial period of the existence ofTCS Division it was led by Mr. F.C. Kohli who is one of the pioneersin globalising Indian IT business. Until the mid 1990s our executivecommittee was chaired by the late Mr. N.A. Palkhivala an eminentjurist.History of TCS LimitedTata Consultancy Services Limited was incorporated as RR Donnelley(India) Private Limited on January 19 1995. RR Donnelley and SonsCompany ("RRD") had through its wholly owned subsidiary RR Donnelley(Mauritius) Holdings Limited ("RRDM") invested in 100% of the shares ofRR Donnelley (India) Private Limited. The main object of RR Donnelley(India) Private Limited was to invest and hold the paid up capital ofTata Donnelley Limited subsequently renamed as Tata Infomedia Limited(25.37% initially which was subsequently increased). In June 2000Tata Sons acquired entire shareholding of RRDM in RR Donnelley (India)Private Limited whereby it became wholly owned subsidiary of TataSons. Thereafter the name of RR Donnelley (India) Private Limited waschanged to Orchid Print India Limited on March 19 2001. The name waschanged to Tata Consultancy Services Limited on December 17 2002.