Tata Consultancy Services (TCS)on MondayApril 23,2018 became the first Indian company
to hit the $100 billion mark in terms of market capitalisation .
On BSE, shares of the software major rose 4% or ₹142.60 during the morning session to touch a new all time high of ₹3,549, which pegs the market capitalisation at ₹6.78 lakh crore or a little over $100 billion.
By definition, market capitalisation is the value of a company that is traded on the stock market, calculated by multiplying the total number of shares by the present share price.
TCS is now among the world’s 100 most valued organization and currently ranks 97th.
On BSE, shares of the software major rose 4% or ₹142.60 during the morning session to touch a new all time high of ₹3,549, which pegs the market capitalisation at ₹6.78 lakh crore or a little over $100 billion.
By definition, market capitalisation is the value of a company that is traded on the stock market, calculated by multiplying the total number of shares by the present share price.
TCS is now among the world’s 100 most valued organization and currently ranks 97th.
With almost 4 lakh employees representing 131 nationalities, across 46
countries, TCS is India's largest private sector employer. With 35.3 per
cent women employees, the company can also boast of a respectable
gender ratio in its workforce
Founded in 1969, TCS is celebrating its golden jubilee year. However,
the company has had a stable run as far as the top bosses of the company
are concerned.
Quite astonishingly, TCS has had only four CEOs so far,
with F C Kohli, the first CEO, serving from 1969 to 1996.
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