Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. India
  4. NSE India Stock Exchange
  5. Tata Consultancy Services Ltd.
  6. News
  7. Summary
    TCS   INE467B01029

TATA CONSULTANCY SERVICES LTD.

(TCS)
  Report
Delayed NSE India Stock Exchange  -  06:25 2022-12-09 am EST
3292.75 INR   -1.73%
12/08Barclays and Tcs Join Hands to Help More Kids with Special Needs with Tcs Vhab Gamified Solution
CI
12/07Indian shares set to fall for third day on Fed rate-hike worries
RE
12/05Nomura Adjusts Tata Consultancy Services' Price Target to 2,850 Indian Rupees From 2,620 Rupees, Keeps at Reduce
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Tata Consultancy Services : GoI Selects TCS to Drive Next Phase of Passport Seva Program

01/07/2022 | 02:28am EST

Tata Consultancy Services is Poised to Bring Advancements to the Initiative Using Next-Gen Technologies, and Further Enhance Citizen Experience

NEW DELHI | MUMBAI, January 07, 2022: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) has been selected by the Ministry of External Affairs (MEA), Government of India for the second phase of the immensely popular Passport Seva Program, the country's largest mission-critical e-governance program till date, following its successful implementation of the first phase.

Launched in 2008, the Passport Seva Program saw TCS transforming the delivery of passport-related services, digitizing the processes, and setting global benchmarks in timeliness, transparency, and reliability. The world-class experience delivered at the TCS-run Passport Seva Kendras (PSK) across the country made the service immensely popular and a source of national pride. Accessibility was further enhanced by extending the service through designated post offices and through Indian missions and posts across the world.

In the next phase of the program, TCS will refresh existing facilities and systems, and develop innovative new solutions to enable the issuance of e-passports and further enhance the citizen experience using technologies such as biometrics, artificial intelligence, advance data analytics, chatbots, auto-response, natural language processing, and the cloud.

"TCS has been playing a vital role in building a Digital India, driving transformation programs of national importance.Our partnership with MEA over the last decade has become a benchmark in public-private partnership for citizen services.We are pleased to be selected for the next phase of the Passport Seva Program and look forward to driving further innovations and improving citizen experiences using our contextual knowledge and digital technologies," said Tej Bhatla, Business Unit Head, Public Sector, TCS.

About Tata Consultancy Services (TCS)

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™ 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 528,000 of the world's best-trained consultants in 46 countries. The company generated consolidated revenues of US $22.2 billion in the fiscal year ended March 31, 2021, 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

TCS Media Contacts Asia Pacific

Email: wenjian.lin@tcs.com

Phone: +65 9695 9948

Australia and New Zealand

Email: Kelly.ryan@tcs.com

Phone: +61 422 989 682

Canada

Email: Tiffany.fisher@tcs.com

Phone: +1 416-456-7650

Europe

Email: joost.galema@tcs.com

Phone: +31 615 903387

India

Email: saxena.kritika@tcs.com| vanshika.sood@tcs.com

Phone: +91 22 6778 9999 | +91 22 67789098

Japan

Email: douglas.foote@tcs.com

Phone: +81 80 2115 0989

Latin America

Email: martin.karich@tcs.com

Phone: +569 6170 9013

USA

Email: william.thomas@tcs.com

Phone: +1 203-984-3978

UK

Email: peter.devery@tcs.com

Phone: +44 20 3155 2421

Disclaimer

TCS - Tata Consultancy Services Ltd. published this content on 07 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 January 2022 07:27:03 UTC.


ę Publicnow 2022
All news about TATA CONSULTANCY SERVICES LTD.
12/08Barclays and Tcs Join Hands to Help More Kids with Special Needs with Tcs Vhab Gamified..
CI
12/07Indian shares set to fall for third day on Fed rate-hike worries
RE
12/05Nomura Adjusts Tata Consultancy Services' Price Target to 2,850 Indian Rupees From 2,62..
MT
11/30Rail Delivery Group Selects TCS to Help Create the UK Government's Rail Data Marketplac..
CI
11/29Chief Executives For Corporate Purpo : The Digital Empowers 2023 Summit
AQ
11/29Tata Consultancy Services Limited and ICICI Bank Announces the Launch of `iLens', Digit..
CI
11/17Tata Consultancy Services Secures Contract from Dutch Human Resources Services Company
MT
11/17Tata Consultancy Services Announces Expansion of Its Partnership with Randstad
CI
11/15INDIA STOCKS-Indian shares may open lower as Polish deaths raise market concerns
RE
11/15Tap Air Portugal Selects Tcs to Accelerate Its Digital Transformation Journey and Drive..
CI
More news
Analyst Recommendations on TATA CONSULTANCY SERVICES LTD.
More recommendations
Financials
Sales 2023 2 219 B 26 903 M 26 903 M
Net income 2023 423 B 5 126 M 5 126 M
Net cash 2023 343 B 4 162 M 4 162 M
P/E ratio 2023 28,5x
Yield 2023 2,31%
Capitalization 12 048 B 146 B 146 B
EV / Sales 2023 5,28x
EV / Sales 2024 4,79x
Nbr of Employees 592 195
Free-Float 27,7%
Chart TATA CONSULTANCY SERVICES LTD.
Duration : Period :
Tata Consultancy Services Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TATA CONSULTANCY SERVICES LTD.
Short TermMid-TermLong Term
TrendsNeutralBullishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 39
Last Close Price 3 292,75 INR
Average target price 3 406,70 INR
Spread / Average Target 3,46%
EPS Revisions
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
Sector and Competitors
1st jan.Capi. (M$)
TATA CONSULTANCY SERVICES LTD.-11.92%146 090
ACCENTURE PLC-30.43%181 721
INTERNATIONAL BUSINESS MACHINES CORPORATION10.02%132 952
AUTOMATIC DATA PROCESSING, INC.5.46%106 694
INFOSYS LIMITED-16.87%79 779
SNOWFLAKE INC.-57.82%46 481