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TCS returns 77.5% of its total cash to shareholders
The Daily Guardian
|August 26, 2024
On Sunday, Tata Consultancy Services (TCS), India's largest IT services company, celebrated the 20th anniversary of its initial public offering (IPO).
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Managing Director and CEO K Krithivasan highlighted the company's commitment to a strong future, reflecting on its transformative journey since 2004.
In a landmark move, TCS executed India's first $1 billion IPO, with Tata Sons reducing its equity stake by 14 percent. Over the past two decades, TCS has navigated numerous technology cycles, redefined the global IT landscape, built long-term careers for its employees, and significantly enhanced shareholder value.
Cette histoire est tirée de l'édition August 26, 2024 de The Daily Guardian.
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