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    TCS   INE467B01029

TATA CONSULTANCY SERVICES LTD.

(TCS)
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Delayed NSE India Stock Exchange  -  12:36:29 2023-01-30 am EST
3403.50 INR   -0.22%
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Chief Executives for Corporate Purpose, Tata Consultancy Services, and PYXERA Global: The Digital Empowers 2023 Summit

11/29/2022 | 11:09am EST

NEW YORK - Chief Executives for Corporate Purpose (CECP) in partnership with Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) and PYXERA Global, announced a two day online event Digital Empowers 2023 Summit. Digital Empowers is a yearlong program that builds better futures by inviting the brightest minds and boldest companies to collaborate and break down how technology can accelerate solutions to critical social issues.

This Digital Empowers 2023 Summit is the culminating event for Digital Empowers 2022. Digital Empowers fosters cross-sector collaboration using leading-edge technology and digital innovations to make progress on core social issues such as the transition to a circular economy, food security, access to mental health resources, and more.

On January 10 and January 11 at 12 p.m. ET, the event will explore cross cutting themes from the 8-part virtual Forum series in 2022. Participants will:

- Learn from disruptive thinkers who are applying innovative solutions to critical social issues in the areas of food security, health equity, the circular economy, the future of work, disaster response, and the digital divide.

- Engage with experts who are proposing partnership-based technology solutions to help create a more equitable future of work.

- Understand how food security, health equity, the circular economy, the future of work, disaster response, and the digital divide-albeit individual issues-are connected to each other in certain ways, such as equity.

- Examine the role of today's technology in identifying innovative ways to create greater impact.

The Digital Empowers 2023 Summit will leverage the ingenuity and resources of the private sector, the innovative capacity of entrepreneurs, and the collective assets of governments, NGOs, and civil society, to create sustainable, scalable solutions to alleviate our most pressing societal and sustainability challenges.

"Digital Empowers connects business and community leaders shaping the future of innovation and social impact by showcasing the creative applications and partnerships that are accelerating innovation and bringing greater equity and access to individuals and communities around the world," said Alison Vultaggio, Director, Corporate Engagement, CECP.

Register for Digital Empowers 2023 Summit here. https://whova.com/web/LJkMbHP7Wh@@IEAOB0pTAen5dEyh4-w456v-hCJBCAg=/

CECP Media Contact

Katie Leasor

kleasor@cecp.co

####

About Chief Executives for Corporate Purpose (CECP)

CECP is a CEO-led coalition that believes that a company's social strategy - how it engages with key stakeholders including employees, communities, investors, and customers -determines company success. Founded in 1999 by actor and philanthropist Paul Newman and other business leaders to create a better world through business, CECP has grown to a movement of more than 200 of the world's largest companies that represent $11.2 trillion in revenues, $23 billion in societal investment, 14 million employees, and $21 trillion in assets under management. CECP helps companies transform their social strategy by providing customized connections and networking, counsel and support, benchmarking and trends, and awareness building and recognition. For more information, visit http://cecp.co.

About Tata Consultancy Services

Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world's largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive-powered, integrated portfolio of business, technology and engineering services and solutions. This is delivered through its unique Location Independent Agile(TM) delivery model, recognized as a benchmark of excellence in software development.

A part of the Tata group, India's largest multinational business group, TCS has over 592,000 of the world's best-trained consultants in 46 countries. The company generated consolidated revenues of US $25.7 billion in the fiscal year ended March 31, 2022, and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS' proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit www.tcs.com

About PYXERA Global

Our goal is simple: to enrich lives and livelihoods worldwide, inclusively and sustainably.

For over thirty years, PYXERA Global has leveraged the unique strengths of corporations, governments, and social sector organizations to create groundbreaking partnerships that leverage the innovation in each to create meaningful change worldwide. For more information, visit https://www.pyxeraglobal.org

.

(C) 2022 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials
Sales 2023 2 252 B 27 620 M 27 620 M
Net income 2023 423 B 5 192 M 5 192 M
Net cash 2023 248 B 3 044 M 3 044 M
P/E ratio 2023 29,5x
Yield 2023 3,09%
Capitalization 12 481 B 153 B 153 B
EV / Sales 2023 5,43x
EV / Sales 2024 4,89x
Nbr of Employees 613 974
Free-Float 27,7%
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Mean consensus OUTPERFORM
Number of Analysts 42
Last Close Price 3 411,05 INR
Average target price 3 479,18 INR
Spread / Average Target 2,00%
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Managers and Directors
Rajesh Gopinathan CEO, MD & Non-Independent Executive Director
Samir Seksaria Chief Financial Officer
Natarajan Chandrasekaran Non-Executive Chairman
K. Ananth Krishnan Chief Technology Officer
N. Ganapathy Subramaniam COO & Non-Independent Executive Director
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