Brief History of Tcs

TCS was established in 1968 with its headquarters in Mumbai. It was formed as a division of Tata Sons Limited (TSL), one of India's largest business conglomerates. FC Kohli was appointed as the first CEO. The purpose of establishing TCS was to enable Indian companies manage themselves better, through effective use of IT. During its early days, TCS, with a staff of 10 consultants and 200 operators, undertook IT consulting assignments with other Tata Group companies. For instance, TCS managed the punch card operations of Tata Iron and Steel Company (TISCO). When the entire initial money invested by TSL was exhausted, TCS started looking for outside clients to sustain its operations. In 1969, TCS bagged the first banking software project - the Inter Bank Reconciliation System (IBRS)6 from the Central Bank of India (CBI), one of its earliest clients.

TCS was established in 1968 with its headquarters in Mumbai. It was formed as a division of Tata Sons Limited (TSL), one of India's largest business conglomerates. FC Kohli was appointed as the first CEO. The purpose of establishing TCS was to enable Indian companies manage themselves better, through effective use of IT. During its early days, TCS, with a staff of 10 consultants and 200 operators, undertook IT consulting assignments with other Tata Group companies. For instance, TCS managed the punch card operations of Tata Iron and Steel Company (TISCO). When the entire initial money invested by TSL was exhausted, TCS started looking for outside clients to sustain its operations. In 1969, TCS bagged the first banking software project - the Inter Bank Reconciliation System (IBRS)6 from the Central Bank of India (CBI), one of its earliest clients.