Tata consultancy services is an Indian multinational information technology (IT) services, business solutions and consulting company headquartered

in Mumbai . TCS operates in 44 countries and has more than 199 branches across the world. It is a subsidiary of the Tata group and is listed on the Bombay stock exchange and the National stock exchange of India. It is one of India's most valuable companies and is the largest India based IT service company by 2012 revenues. The company is the largest India-based IT services company by employee count as well. Tata Consultancy Services Limited (TCS) was founded in 1968. Its early contracts included providing punched card services to sister company TISCO (now Tata steel) working on an Inter-Branch Reconciliation System for the Central bank of India, and providing bureau services to Unit trust of India. In 1975, TCS conducted its first campus interviews, held at IISc, Bangalore. The recruits comprised 12 Indian institute of technology graduates and three IISc graduates, who became the first TCS employees to enter a formal graduate trainee programme. In 1979, TCS delivered an electronic depository and trading system called SECOM for the Swiss company SIS SegaInterSettle. TCS followed this up with System X for the Canadian Depository System and automating the Johannesburg stock exchange. TCS associated with a Swiss partner, TKS Teknosoft, which it later acquired. In 1981, TCS established India's first dedicated software research and development centre, the Tata Research Development and Design Centre (TRDDC) in Pune. In 1985 TCS established India's first client-dedicated offshore development centre, set up for client tandem. In the early 1990s the Indian IT outsourcing industry grew rapidly due to the Y2K bug and the launch of a unified European currency, Euro. TCS created the factory model for Y2K conversion and developed software tools which automated the conversion process and enabled third-party developer and client implementation. GEOGRAPHICAL EXPANSION India: TCS has development centres and/or regional offices in the following Indian cities: Ahmadabad, Bangalore, Baroda, Chennai, Delhi, Jamshedpur, kochi, Kolkata, Mumbai, Nagpur, Indore, Pune etc. Africa: TCS has regional offices in South Africa and Morocco. Asia (ex. India): TCS has regional offices in Bahrain, Beijing, Hong Kong, Shanghai, Indonesia, Israel, Japan, Malaysia, Philippines, Saudi Arabia, Singapore, South Korea, Taiwan, Thailand, UAE Australia: TCS has a regional office in Australia.

Europe: TCS has regional offices in Belgium, Denmark, Finland, France, Germany, Hungary, Iceland, Ireland, Italy, Luxembourg, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom. North America: TCS has regional offices in Canada, Mexico and the United States. South America: TCS has regional offices in Argentina, Brazil, Chile, Colombia, Ecuador, Peru and Uruguay. Income and expenses in foreign currency: TCS mostly gets their foreign currency revenue from Consultancy services, FOB value of exports of equipment and licences, Interest income, Dividend income and many others. In some services TCS has increased their revenue collection up to 6 times in less than a decade. In 2004 they were getting revenue of 7471 crore and at present they are getting the revenue of 44721 crore. When it comes to other like income from interest and dividend there is drastic increase. In the year 2004 the revenue collection from dividend was 6.51 crore but now it has increased to 1049 crore. When it comes to expenses there expense is mainly in royalty, interest, professional fees, Business associate expenses, communication expenses, foreign taxes, Overseas business expenses, software expenses and travel and conveyance. In 2004 there total expense was approx 3078 crore and now it is 15597 crore which is much larger and it shows the expansion of business in last 10 years. REVENUE FROM INTERNATIONAL OPERATION

Growth by market
2.1 7.3 8.8 North America Latin America 9.4 52.1 16.8 3.5 UK Continental Europe India Asia Pacific MEA

GROWTH BY DOMAIN

REVENUE
2.1 3.4 5.1 5.7 8.5 43.5 5.2 3.8 BFSI TELECOM RETAIL AND DISTRIBUTION MANUFACTURING HI-TECH HEALTHCARE TRAVEL AND HOSPITALITY ENERGY AND UTILITIES 13.4 9.3 MEDIA AND ENTERTAINMENT OTHERS

CURRENCY DISTRIBUTION IN REVENUE USD GBP EURO OTHERS 57 14 7 20

It clearly shows that their most of the revenue collection is in USD.