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2022
1968
Tata Consultancy Services is founded. The initial assignments include bank reconciliation services, payroll and accounting for several Indian companies including from the Tata group
Wins a project from an electric company in Iran, the first overseas assignment
Read moreJRD Tata with the Shah of Iran on a visit to India
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1973
Partners with Burroughs Computer to sell and service its systems in India and to develop software for its machines worldwide
1973
Executes the first offshore delivery project from India for a hospital in the city of Detroit, United States
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1974
Delivers a financial accounting solution for a housing society in the UK on behalf of Burroughs, the first full software development lifecycle project
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1976
Crosses $1 million in revenues
Read MoreF C Kohli receives the Engineering Exports Promotion Council top exporter award from Mohan Dharia, Union Minister for Commerce Government of India
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1978
Parts ways with Burroughs Computers; pivots as an independent software entity
Read MoreThe cover of the 1976 TCS brochure
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1979
Sets up the New York office, the first sales office overseas
Read moreThe office was set up in Park Avenue, Manhattan
1979
Wins a three-year contract with IGIC that fully leverages the onsite-offshore model and introduces a 24-hour service delivery cycle
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1981
Sets up Tata Research Development and Design Centre in Pune, India's first software research centre
Engages with Swiss National Bank for the first offshore project from TCS Delhi
Read moreThe Swiss National Bank in Berne, Switzerland. Photo: Wikimedia Commons
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1987
Sets up the IBM Centre of Excellence in Chennai; the IBM 3090 Mainframe opens up several mainframe opportunities
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1989
Signs the Swiss Securities Corporation deal for the world's first real-time securities clearing and settlement system
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1992
Sets up the core banking platform for India's newly created National Stock Exchange
Read MoreThe NSE building in Mumbai. Photo: Wikimedia Commons
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1996
Faqir Chand Kohli retires; S Ramadorai takes over as CEO
Read moreFC Kohli and S Ramadorai
1996
Builds the core platform for the National Securities Depository Limited, the first electronic depository in India in less than five months
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1997
Participates in the Y2K rectification opportunity
Read MoreThe TCS Y2K facility in Ambattur, Chennai
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2000
Sets up the ebusiness division in Mumbai, which grows to $500 million in five years
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2001
Sets up the first nearshore development centre in Budapest, Hungary
Read moreThe TCS centre in Budapest
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2002
Launches Ultimatix, a company-wide ERP system
2002
Sets up development centres in Uruguay and China, strengthening the Global Network Delivery Model
read moreThe present TCS facility in Montevideo, Uruguay
2002
Wins a $100 million GE Medical Systems project, till then the largest IT services deal by an Indian company
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2003
Crosses $1 billion in revenues, the first Indian IT services company to achieve the milestone; articulates vision statement of Global Top 10 by 2010
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2004
Issues an IPO; lists on Indian bourses and becomes the third-most valuable company immediately
Read moreThen Chairman Ratan N Tata and CEO Ramadorai at the IPO
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2005
Wins $847 million deal to provide insurance back-office transaction processing services to the UK-based Pearl Group (later renamed as the Phoenix Group).
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2008
Partners with the Government of India to reimagine passport services; also acquires Citigroup's back office operations in India for $505 million
Read moreN Chandrasekaran with chairman emeritus Ratan N Tata
2017
Unveils the Business 4.0 thought leadership framework to help customers leverage digital to fuel their growth and transformation
read more(L-R) CHRO Ajoy Mukherjee, CEO Rajesh Gopinathan, COO N Ganapathy Subramanian and CFO V Ramakrishnan at the launch of Business 4.0
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2018
Completes 50 years; ranks among the top 3 most valuable brands in the global IT services sector and named the fastest growing IT services brand by Brand Finance
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2022
TCS is named the second most valuable global IT services brand by Brand Finance