Tata Consultancy Services Ltd

TCS introduces Intelligent Testing System at CA World 2013 Tata Consultancy Services has announced its Intelligent Testing System (ITS) solution, designed to help customers automate the testing lifecycle. The new solution is being developed through TCS` existing partnership with CA Technologies and combines TCS` innovative process and automation tools with CA LISA Service Virtualization software. TCS is premiering this new offering, which will be generally available in May 2013, at CA World 2013 in Las Vegas, NV. ITS features engineering-based accelerators and built-in agile tools and will allow TCS and CA Technologies customers to automate the entire test cycle, reduce dependency on components, and provide faster time to market, leading to higher quality while minimizing cost. For use across all industries, ITS will allow users to test their applications intelligently while adhering to industry specific regulatory requirements. The company made this announcement after the trading hours on 23 April 2013.

TCS earns top-ranking Platinum Big Tick for corporate responsibility Tata Consultancy Services has successfully earned Platinum Big Tick status in Business in the Community`s (BITC) 2013 Corporate Responsibility Index (CR Index). The award, the highest ranking within the index, represents the software major`s commitment to improving its corporate responsibility throughout its business operations. The CR Index is the UK`s leading and most in-depth voluntary benchmark of corporate responsibility. Run by BITC for over a decade, the annual index enables companies to accurately manage and measure all aspects of their social and environmental performance, as well as benchmark themselves against competitors. The Platinum Big Tick status is a new banding introduced for this year`s index and is designed to acknowledge companies that have displayed a clear, long-term business strategy, and demonstrated the contributions their company can make to create transformational change and help create a sustainable economy. The company made this announcement during the trading hours today, 22 April 2013.

Tata Consultancy Services recommends final dividend Of Rs 13 per equity share The board of Tata Consultancy Services in its meeting on 17 April 2013 has recommended a final dividend of Rs 13 per equity share.

Tata Consultancy Services to announce financial results Board meeting on 17 April 2013 The board meeting of Tata Consultancy Services will be held on 17 April 2013 to consider and take on record the audited financial results of the company for the year ended 31 March 2013 and to recommend final dividend for the year ended 31 March 2013.

TCS ranked as the #1 top employer in Europe Tata Consultancy Services has announced that it has been ranked as number one top employer in Europe for 2013, by the CRF Institute. TCS was chosen as first among the final 20 companies participating at a continental level. In order to reach the continental level, each company was required to have been previously certified as a top employer in at least five individual countries in Europe. The final group of 20 companies had participated at a national level in 26 European countries with their 129 certified subsidiaries. In national rounds, TCS had been adjudged a top employer for the first time in Belgium, Netherlands, Germany and Switzerland; while its UK unit secured the certification for a third year in a row.

TCS positioned as a leader in sustainable technology services Awarded `best-in-class` scores for manufacturing plant energy systems and residential smart meters Tata Consultancy Services has announced that it has been positioned as a leader in sustainable technology services by specialist energy, environment and sustainability analyst firm Verdantix. According to Verdantix`s report, Green Quadrant: Sustainable Technology Services (Global) 2013, TCS is ranked as a leader as a result of the company`s expertise in manufacturing plant energy systems, renewable energy systems, residential smart meters and data centre energy management. TCS has invested significantly to build on its strong track record in corporate sustainability. The company has created a dedicated sustainability practice, and during the last 12 months has also enhanced its energy management and environmental capabilities in numerous specialist areas. In recognition of this, Verdantix has awarded TCS with best-in- class` scores for manufacturing plant energy systems and residential smart meters. The company made this announcement during the trading hours today, 28 March 2013.

Southern Water partners with TCS to transform customer service and revenue management Customer-Centric Programme will reduce operating costs and streamline billing process Tata Consultancy Services today announced that it has been selected by Southern Water to implement a customer services and revenue transformation programme. The programme will combine front and back-end technology deployments with internal process redevelopment. Southern Water will benefit from enhanced customer service capabilities, improved cash collection and debt management, and will see a reduction in operating expenditure. The company made this announcement during the trading hours today, 26 March 2013.

Norway Post selects TCS to drive its strategic transformation Six year, multi-million deal to make postal services more competitive Tata Consultancy Services today announced that it has been selected by Norway Post to drive its strategic transformation by leveraging information technology (IT). The contract encompasses delivery of a wide range of application development and support services across Norway Post`s core portfolio of 55 applications. Through this next generation initiative, Norway Post is implementing a structured multi-sourcing model to drive efficiency and support their Nordic integrated business strategy. Norway Post delivers over 36 million packages and 2.2 billion letters every year. Apart from being selected to deliver application services across the core postal value chains, TCS has also been entrusted to coordinate and drive the overall transition and transformation program across multiple vendors. The services will be delivered through its travel, transportation and hospitality group, which has developed significant capability in the post and parcel segment. TCS`s Nordic operations (an operating area cutting across Sweden, Finland, Norway, Denmark and Iceland) comprise over 5,000 professionals, servicing leading Nordic companies such as Nokia, Ericsson, TDC, ABB, Telenor, NETS, and SAS. TCS was recently recognized by a KPMG survey of 340 top Nordic companies as the number one company in terms of customer satisfaction for the third consecutive year. The company made this announcement during the trading hours today, 25 March 2013.

TCS wins TheKnowList Award for `outstanding achievement` For implementing its LMS at Abreu Advogados, Portugal Tata Consultancy Services, a leading IT services, consulting and business solutions organisation, announced that it had been awarded in the outstanding achievement category at the TheKnowList awards, the most prestigious event in business strategy and technology in the UK. TCS won the award for implementing its legal management solution (LMS) at Abreu Advogados, Portugal in a record time of 26 weeks. TCS was chosen after a rigorous selection process to implement an integrated enterprise resource planning (ERP) solution and help manage Abreu Advogados` core applications. By deploying its propriety legal management solution (LMS) and adopting the rapid deployment solutions (RDS) approach, the firm has achieved the quickest turnaround for a successful implementation in the legal industry. TCS` LMS integrates all offices in one platform, drives productivity and improves decision making ability for the law firm.

Tata Consultancy Services` research on `cultural challenges impact success of big data initiatives` TCS global resport says that harnessing cultural change will harvest greater adoption The toughest challenges for businesses implementing big data initiatives is getting different business units to share information across organisational silos and determining what data to use for different business decisions according to `The emerging big returns from big data` global trend report. These two cultural challenges were being closely followed by the technological challenge of being able to handle the large volume, velocity and variety of big data. Commissioned by Tata Consultancy Services, the leading IT services, consulting and business solutions firm, the research also reveals how the big data leaders differ from the laggards and the returns business are expecting. Leaders in big data differ most from the laggards in three main ways - where they analyse and process big data, the mix of data they use and their big data spend. Leaders in big data are doing analysis outside of business units (BUs), 79% of them are using the IT function or a separate big data team, with only 21% doing the analysis in BUs. The laggards on the other hand are doing only 68% of their analysis outside of the BUs. The leaders are also using more unstructured and semi-structured data (55%), and external data (37%), than the laggards who are using 46% unstructured and semi-structured data and 26% external data. The most marked difference is that leaders spent $24 million in 2012 and expect to spend $26 million by 2015, whereas the laggards spent $7 million in 2012 and expect to spend $13 million by 2015. Regardless of whether they`re leaders of laggards, nearly half (44%) of big data investments are going to business functions on the revenue side: sales, marketing and R&D/new product development. Much less (24%) is going to back-office functions: IT, finance and HR. A regional breakdown shows that US companies are leading adoption of big data initiatives (68%), followed by Latin America (51%), Europe (45%) and Asia Pacific (39%). Despite the challenges and disparity in success, many businesses are confident of high ROIs from big data. Of those that had programs in 2012, 43% predicted an ROI of more than 25% in 2012. Retail businesses have the greatest number of leaders in big data with 35% of respondents expecting ROIs greater than 50% in 2012. They were closely followed by energy & resources (33%), banking and financial services (33%), high tech (27%), and media and entertainment (25%). In last place were consumer goods businesses with just 17% expecting ROIs greater than 50% in 2012. Aside from the vertical disparity, geographies also differ greatly in their ROI predictions. Asia-Pacific expected the highest ROI (71%), followed by Latin America (64%) and Europe (43%). The lowest expected ROI was in the US (37%).

TCS wins Best Performing Consultancy Brand award in Europe Leadership category award for exceptional growth in the company`s brand value and strength Tata Consultancy Services has announced that it has been named the Best Performing Consultancy Brand` at the MPF Awards for management excellence, which are held in association with Harvard Business Review. Organized since 2002 in London, the MPF Awards (formerly called the European Leadership Awards), recognize the best managed professional firms in the world. The judges  a panel of 45 leading international management consultants and experts based in the UK, Europe, North America and Australia  look for commercial success and leadership, innovation, continuous performance improvement, and teamwork in the management team. Recently, TCS announced an over US$ 1 billion increase in brand value as measured by Brand Finance, the world-leading brand valuation firm. Brand Finance`s assessment also confirms that TCS has improved its brand strength and now belongs to its industry`s top club of three AA+ rated IT services brands. The TCS brand value stands at US$ 5,247 million in 2013, up from US$ 4,068 million in 2012, consolidating the company`s position as a Big Four` IT services brand. The company made this announcement during the trading hours today, 14 March 2013.

TCS Named Official IT Consulting Company Of The NYC Half 2013 TCS to introduce the "NYC Half 2013 Mobile App Powered by TCS" for runners and spectators Tata Consultancy Services has been named the Official IT Consulting Company sponsor for the flagship NYC Half 2013, owned and operated by New York Road Runners (NYRR), on Sunday, 17 March 2013. This is the fourth consecutive year that TCS has sponsored major US road races, including the Boston, INC New York City and Bank of America Chicago marathons. TCS and New York Road Runners will introduce the "NYC Half 2013 Mobile App Powered by TCS". Successfully deployed at the Chicago, Mumbai, Bangalore and Amsterdam marathons, also sponsored by TCS, the customized mobile app provides a range of exciting, race-specific features for runners as well as enthusiasts who want to keep track of the event, including race results, an interactive course map, a race calendar with details on local attractions, and elite athlete information, as well as event communications and alerts. This sponsorship is part of the company`s expanded relationship with NYRR. In 2012, TCS served as a partner company for NYRR`s Mighty Milers Youth Running Programs and as a gold level partner for NYRR`s Youth Jamboree in October 2012. The company made this announcement after the trading hours on 13 March 2013.

CS adds over US$ 1 billion in brand value Consolidates position as "Big Four" IT Services brand Tata Consultancy Services has announced today that it has added US$ 1,179 million in brand value over 2012, growing by 28.9% annually to reach the US$ 5 billion brand value mark. It also retained its position among the "Big 4" most valuable IT services brand worldwide - in the ranking carried out by Brand Finance, the world leading brand valuation firm. Brand Finance assesses the dollar value of the reputation, image and intellectual property of the world`s leading companies. Brand Finance`s brand valuations are frequently peer-reviewed by top audit practices, accepted by various regulatory bodies and used by leading global brands as a performance benchmark. TCS has developed a strong reputation in the IT Services market for reliably delivering business results, providing leadership to drive transformation and partnering with its clients. The company has been investing heavily to build up its brand presence worldwide through a full range of award winning activities. Recently, TCS had won the ITSMA Diamond award for Global Marketing and Communications excellence. The company has been awarded Platinum + Status globally in the Corporate Responsibility Index carried out by BiTC. Its employee brand has been recognized through multiple certifications and the company and its CEO have received several business leadership awards in 2012. TCS is also the single largest contributor to the overall Tata Brand, which is now ranked as the world`s 39th most valuable brand with a combined brand valuation of US$ 18,169 million. The company made this announcement during the trading hours today, 04 March 2013.

TCS named as a leader in Life Science Drug Safety Services by IDC Report cites TCS` significant industry expertise and wide range of capabilities as key leadership characteristics Tata Consultancy Services has announced that it has been designated as a Leader in Life Science Drug Safety Services (DSS) by the prominent global market intelligence firm IDC. Among the attributes that earned TCS its leadership position in the `IDC MarketScape: Worldwide Life Science Drug Safety Services 2013 Vendor Assessment` (Document # HI239221) are the company`s significant industry expertise, strong drug safety IT and KPO delivery capabilities and investment in drug safety specific IP assets. IDC MarketScape reports are designed to identify factors conducive to success in a particular market, both long term and short term, and then assess vendors participating in the market against these factors. The criteria for each IDC MarketScape report is developed by IDC analysts and can include discussions, surveys and interviews. For this report, the key criteria for defining excellence included: breadth of service offerings, diversity of resources and infrastructure-supporting services delivery, project experience in the Life Sciences DSS outsourcing market, customer service strategy and customer satisfaction, pricing model, go-to-market capabilities and commitment to growth and innovation in the R&D DSS space. The company made this announcement after the trading hours on 28 February 2013.

TCS expands UK operations in Liverpool New centre is dedicated to public sector service delivery Tata Consultancy Services has expanded its operations in the UK. The company has invested in a new delivery centre in Liverpool, dedicated to delivering government services that require Impact Level 3 (IL3) security constraints. TCS has decided to use the facility to deliver services to the Home Office, following a multi-million, multi-year contract that was awarded in November 2012, to manage the technology needs and support services of the newly formed Disclosure and Barring Service (DBS). The new facility will provide a secure applications development and maintenance centre for business applications and operational delivery centre for outsourced business process and IT services. The new facility in Liverpool will be fully operational in July 2013 and will house over 300 employees. As part of the agreement with the Home Office, TCS will implement a programme to transform DBS, including the introduction of electronic applications and improved online services to enhance user experience. The two organisations, DBS and TCS, will also collaborate to update the organisation`s business processes to help improve decision-making, reduce processing times and improve information gathering between disclosures and barring services. TCS combines government specific domain expertise with a world-class set of delivery capabilities to enable service transformation for some of its key government clients in the UK, such as, the National Employment Savings Trust, the Cardiff City Council, the Child Maintenance Group (CMG is a division of DWP) and The Big Lottery Fund, amongst others. The company made this announcement during the trading hours today, 18 February 2013.

TCS positioned as a Leader in Enterprise Mobility Services by Forrester Research TCS recognized for providing end-to-end mobility solutions, innovation in several industries, and strong pool of technical talent Tata Consultancy Services (TCS) has been designated as a leader in Enterprise Mobility Services by Forrester Research, Inc., a leading independent research company, in its report The Forrester Wave: Enterprise Mobility Services, Q1 2013. Among the attributes cited in the report are the company`s end-to-end enterprise mobility solutions, which are strongest in technology and technology development, its innovation in enterprise mobility in areas such as transportation, energy, retail, healthcare, and insurance, and its strong pool of technical developers and integration experts. The Forrester Wave reports evaluate vendors based on criteria set through past research, user need assessments, vendor strategy and expert interviews. After examining all components, a set of initial evaluation criteria is developed. In this particular report, Forrester Research used this information to evaluate the strengths and weaknesses of 13 enterprise mobility providers and users. The 13 companies were evaluated based on 15 criteria including current offering, strategy and market presence. TCS` mobility team is headquartered within the TCS Customer Collaboration Center in Santa Clara, at the heart of Silicon Valley, and has delivery centers around the world. TCS` mobility experts serve more than 140 global customers located in all major geographies. TCS provides a comprehensive set of enterprise mobility products and services as well as wide-ranging ecosystem partnerships that leverage the power of today`s mobile devices to transform enterprise business processes and customer interfaces. The company made this announcement after the trading hours on 15 February 2013.

TCS chief financial officer retires On 09 February 2013 Tata Consultancy Services has announced that S Mahalingam, executive director and chief financial officer will retire from his executive and board position on 09 February 2013, on reaching the retirement age of 65 years as per the company`s policy. Further, Rajesh Gopinathan would take over as the chief financial officer (CFO) of the company with effect from 10 February 2013.

Red Hat awards TCS as System Integrator Partner of the year Tata Consultancy Services has been awarded the prestigious recognition of system integrator partner of the year by Red Hat, the world`s leading provider of open source solutions, as part of its annual Red Hat North America Partner Awards. TCS was given the designation as a reflection of its strong relationship with Red Hat, and, in particular, its strong system integrator capabilities, expertise and innovations that have enabled the seamless and exceptional integration of Red Hat solutions. The Red Hat North America Partner Awards recognized the top commercial and public sector channel, system integrator, alliance and distributor partners in North America for their outstanding performance in 2012.

TCS designated as leader and 2012 star performer in capital markets application outsourcing By Everest Group research Tata Consultancy Services has announced that it has been designated as a leader and 2012 star performer in capital markets application outsourcing (AO) by the Everest Group, an advisory and research firm on global services, in its December 2012 report - Application Outsourcing in Capital Markets: PEAK Provider Landscape - Need for Speed: Capturing the Capital Markets Momentum. Among the attributes that earned TCS the prominent position are its strong customer base, partnerships with capital markets technology vendors, extensive portfolio of proprietary solutions for capital markets AO delivery and the capital markets-related modules of TCS BaNCS. In this report, Everest Group analyzed the capabilities of 20 leading AO service providers in the global markets sector. The providers were examined through the lens of Everest Group`s PEAK (performance, experience, ability, knowledge) Matrix, a composite index of distinct metrics related to each provider`s capability and market success. Leaders exhibit top quartile performance across market success (transaction activity) and capability (scale, scope, domain investments and delivery footprint). The star performer designation is awarded to providers with the strongest forward movement over time. TCS`s position as a leader is a reflection of the strength of its universal financial services platform BaNCS and other proprietary solutions, the enhancements it has made to its suite of data management tools, including those for data cleansing, data generation, data migration solutions and data masking, as well as its capital markets product implementation and market infrastructure partnerships. Further attributes that contributed to TCS`s position as a leader include its continued growth in scale - over 20 percent in capital markets AO revenue year on year - and breadth of areas served within the capital markets domain, including depository, custody, reconciliation, investment banking, risk and compliance, wealth management and clearing, among others. TCS earned the distinction of one of three star performers because it reported 30% revenue growth in capital markets AO revenue, won more than 20 large AO deals (with a total contract value of more than $25 million), expanded its capital markets AO practice significantly, and made continued investments in next-gen technologies such as mobility, cloud analytics, and big data as well as investments in an expanding proprietary suite of solutions and third-party alliances. The company made this announcement during the trading hours today, 28 January 2013.

TCS BaNCS to support BNP Paribas` custody operations in US Tata Consultancy Services has announced that its flagship product, TCS BaNCS has gone live in the United States at BNP Paribas for its custody operations. The platform is used for post-trade services for local custody of all major asset classes in the US market and connects directly to the US Depository Trust & Clearing Corporation (US DTCC). TCS BaNCS is a best-in-class solution encompassing all facets of securities services like trade processing, clearing and settlement, corporate actions processing, custody, position & collateral management and cash processing. The solution is built on the latest technology, a web-based application with J2EE architecture. TCS BaNCS provides real-time processing and has multi-entity capability to service operational units in a 24/7 environment. The solution provides ease of integration with external market infrastructure such as brokers, depositories, custodians, counterparties and clients internal systems. The company made this announcement during the trading hours today, 22 January 2013.

TCS selected by Nokia as a global IT partner Long-term partnership to help transform and modernize Nokia`s IT Tata Consultancy Services has announced that it has entered into a long- term agreement with Nokia, a global leader in mobile communications, to help transform its IT landscape. TCS was selected as a global IT partner after a rigorous selection process aimed at consolidating Nokia`s global internal applications suite with a single provider. The company`s core applications for enterprise resource planning (ERP), customer relationship management (CRM), product lifecycle management (PLM), supply chain management (SCM), enterprise information management (EIM) and corporate functions (COF) will be supported and developed by TCS across the world. As a part of this engagement, TCS will work with Nokia in realizing its future IT roadmap, driving consolidation, rationalization and simplification of applications and also enabling business transformation across the core portfolios.

Tata Consultancy Services declares third interim dividend Of Rs 3 per equity share The board of Tata Consultancy Services in its meeting on 14 January 2013 has declared a third interim dividend of Rs 3 per equity share of Re 1 each of the company.

Tata Consultancy Services to announce Q3 results Board meeting on 14 January 2013 The board meeting of Tata Consultancy Services will be held on 14 January 2013 to approve and take on record the audited financial results of the company for the quarter and nine months ended 31 December 2012 and to consider declaration of third interim dividend to the equity shareholders of the company.

Tata Consultancy Services - Change of Chairman With Effect From 28 December 2012 Cyrus Mistry is appointed as chairman on the board of the Tata Consultancy Services with effect from 28 December 2012.

TCS ranked as a leader in `IT organization redesign consultancies, Q4 2012` By independent research firm Tata Consultancy Services, the leading IT services, consulting and business solutions organization, today (19 December 2012) announced that it has been designated a leader in IT organization redesign consultancies by Forrester Research Inc., a leading independent research company, in its November 2012 report `Forrester Wave: IT organization redesign consultancies, Q4 2012`. Among the attributes that forrester cited in the report were the company`s evaluation and design work around IT processes; and its ability to help IT shops reduce costs, consolidate applications, or upgrade processes for a global organization. In addition, TCS was recognized for having built up its assets library, which includes an extensive array of reusable assets such as questionnaires, benchmark data, job descriptions, process models, and others. The Forrester wave reports evaluate vendors based on criteria such set through past research, user need assessments, vendor strategy, and expert interviews. After examining all components, a set of initial evaluation criteria is developed. In this particular report, Forrester Research used this information to evalulate the strengths and weaknesses of seven top IT redesign consultancies. The seven consultancies were evaluated against 28 criteria including current offering, strategy, market presence and non reference clients.

Independent research Firm names TCS as a leader in global banking platforms report In 62-criteria evaluation Tata Consultancy Services, a leading IT services, consulting and business solutions organization, announced that Forrester Research Inc has named its flagship brand TCS BaNCS as a leader among a select group of global core banking software platforms. In its 62-criteria evaluation of global banking platform vendors, the research firm identified the eight most significiant software providers. TCS scored highest in banking platform functionality, platform agility and product strategy.

Tata Consultancy Services wins prestigious `supply chain project of the year` award in UK Award won for implementing "SMART" solutions at Co-operative Tata Consultancy Services has won the prestigious "Supply Chain Project of the Year" at the Hermes Retail Weekly UK Supply Chain Awards 2012. TCS won the award along with the Co-operative Group for implementing "Store Merchandise and Replenishment System" (SMART), a major transformation program for the Co-operative Group`s food business, a key player in the UK grocery sector. The Co-operative Group chose to partner with TCS to develop and deliver the SMART initiative, which has affected the Co-operative Group`s food business positively. This ambitious project introduced new systems to enable effective stock forecasting and replenishment and range control at all the Co-operative Group`s food stores. The initiative also delivered a significant improvement in stock availability. The Hermes Retail Week Supply Chain Awards is a reputed industry award that recognizes and rewards excellence in all aspects of supply chain in the retail industry. This year, the award event was held at London on 12 September 2012, and was attended by over 500 of the UK`s top retailers and their supply chain partners. The company made this announcement during the trading hours today, 18 December 2012.

TCS enters into a multi-year agreement with Mitchells & Butlers UK`s leading hospitality chain to adopt TCS` cloud-based Human Capital Management Platform Tata Consultancy Services (TCS) today announced that it has entered into a multi-year agreement with Mitchells & Butlers (M&B). The UK`s leading hospitality business chain is partnering with TCS to streamline the management of its HR and Payroll operations, which serve 38,000 employees across 1600 restaurants and pubs across the country. The agreement underscores TCS` non-linear growth strategy in key markets. TCS HCM Platform is an integrated and global solution that encompasses key areas of payroll, time management, workforce administration, compensation, recruitment, learning management and performance management. It comes with full self-service, actionable analytical reporting and comprehensive mobile enablement. Customers have the choice to adopt the platform under SaaS, BPaaS (SaaS + BPO Process Delivery) or a hybrid model. The company made this announcement during the trading hours today, 12 December 2012.

Everest Group designates TCS as leader and market star performer in Insurance Application Outsourcing Tata Consultancy Services has announced that it has been rated as a leader in Insurance IT Application Outsourcing (AO) by the Everest Group, an advisory and research firm on global services. Everset Group`s PEAK Matrix, published in October 2012 also recognized TCS as a `2012 Insurance AO Market Star Performer`- a distinction that is awarded to providers with the strongest year-on-year forward movement in market success and capability advancements.

Tata Consultancy Services wins multi million contract from the United Kingdom`s Home Office Tata Consultancy Services has announced that it has won a multi-million, multi-year contract from the Home Office, a key department of the United Kingdom government to manage the technology needs and support services of the newly formed Disclosure and Barring Service (DBS). TCS will implement a programme to transform DBS, including the introduction of electronic applications and improved online services to enhance user experience. The company will provide end-to-end process, technology and operations support for an initial period of five years, as per the agreement. The two organisations, DBS and TCS, will also collaborate to update the organisation`s business processes to help improve decision making and reduce processing times. TCS will also build new integrated case management system to support seamless integration and information gathering between disclosure and barring services.

TCS collaborates with SAP on development of SAP Retail Execution 3.0 Mobile App Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions firm, announced it is collaborating with SAP AG on development of the SAP Retail Execution mobile app version 3.0. The collaboration is based primarily on TCS` extensive experience in consumer packaged goods (CPG) industry implementation projects and mobile application product development.

TCS appoints Cyrus Mistry as deputy chairman With immediate effect Tata Consultancy Services has announced that the board of directors of the company has appointed Cyrus Mistry as deputy chairman of the company with immediate effect and chairman designate to take over as chairman from Ratan N Tata on his retirement in December 2012.

TCS and AGL Project win SAP Customer Award of Excellence 2012 Project Spectrum Transformation Program Recognized in SAP`s Best Run Value Realization Category Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organisation, announced that AGL, one of Australia`s leading integrated renewable energy companies, and TCS have jointly won the SAP Award of Excellence for best run value realisation for `Project Spectrum`, a major initiative to transform AGL`s billing processes and services. AGL selected TCS as its IT services partner for Project Spectrum, a major transformation program started in 2010 to implement the SAP Industry Specific Utility (IS-U) billing solution. The goal of the project was to move all AGL customers into a single instance of SAP. Whilst simplifying from 45 disparate systems to one, AGL improved data integrity and brought new efficiencies to account management and servicing, greatly reducing total cost of ownership while enhancing customer service. Project Spectrum has been highly successful and well-received by AGL and its 20,000 commercial and industrial customers representing $3 billion of annual revenues for AGL. The TCS-driven implementation of the SAP IS-U solution has assisted AGL to further differentiate its service offering in the competitive Australian energy market. The company made this announcement during the trading hours today, 06 November 2012.

TCS named a NYRR Senior Sponsor and the Exclusive IT Consulting Sponsor of the ING New York City Marathon Tata Consultancy Services has been named a New York Road Runners (NYRR) senior sponsor and the exclusive IT consulting sponsor for the 2012 ING New York City Marathon to be held on Sunday, 04 November 2012. This is the third consecutive year that TCS has sponsored all three major US marathons, including the 2012 Boston Marathon (April 16) and 2012 Bank of America Chicago Marathon (October 07). At the ING New York City Marathon, TCS will serve as the inaugural presenting sponsor of the Marathon Lounge held at the Time Warner Center, a new initiative that will be open to the public throughout the marathon weekend. The lounge will serve to provide visitors at the Time Warner Center with a slice of the marathon experience including an interactive treadmill activity, pre-programmed with the marathon course, and a photo booth with backdrops of the course. In addition, there will be large plasma TV screens with continuous coverage of the marathon, free Wi-Fi internet service and mobile charging stations in a comfortable lounge setting. TCS is also the presenting sponsor of the Blue Line Lounge, the VIP finish line hospitality event, which will be held on marathon day at the Marathon Pavilion. The company made this announcement on 01 November 2012.

TCS to set up large software development campus in Indore Phase I investment put at Rs 550 crore Tata Consultancy Services has announced that it will set up operations in the state of Madhya Pradesh by building a new integrated campus in Indore for IT and BPO, with an initial investment of Rs 550 crore in the first phase. The total development area of the campus is expected to be around 1.5 million square feet. Once all the applicable permissions are received, the construction of phase I, is expected to be completed by March 2016. The TCS Indore campus will be located on a 100 acre property allotted by Madhya Pradesh government. An agreement to this effect was signed by TCS and officials of the state government at a function in the city today and presided over by the Chief Minister of Madhya Pradesh, Shivraj Singh Chauhan. On completion, the TCS campus will provide direct job opportunities to 10,000 associates in phase I. Besides direct job opportunities, there is an estimated indirect job opportunity for another 10,000 people in supporting functions and professions like e-waste management, facilities management, transportation, hotel and hospitality, restaurants, utilities and financial, banking and other services. Moreover, during the design and construction phase of approximately four years, there will be employment opportunities for about 2,500 construction workers. The TCS Indore campus will be a state-of-the-art facility with a distinct style that blends local culture and aesthetics with several world-class features. The facility is designed with an inherent flexibility and will comprise software engineering blocks, training centre, amphitheatre, customer care centre, auditorium as well as facilities to offer a holistic environment to knowledge professionals. Designed with water bodies and green areas, the TCS Indore campus will incorporate several green building concepts such as zero discharge with 100% recycling of sewage, energy efficient systems, rain water harvesting systems and integrated building management systems. A high rating will be targeted to highlight the sustainable and eco-friendly nature of the campus. The company made this announcement during the trading hours today, 29 October 2012.

Everest group PEAK Matrix ranks TCS as a leader in Banking BPO Everest group analyzed the position of 12 service providers Tata Consultancy Services, a leading IT services, consulting and business solutions organization, announced today (23 October 2012) that it has been designated as a leader in banking BPO in the Everest group report, A PEAK into the leaders, major contenders and emerging players of the banking BPO markets. Among the attributes that earned TCS the prominent position are its scale, the number of large banks in its client base, robust technology capabilities and global delivery footprint. In this report, Everest group analyzed the position of 12 service providers on the Everest group performance / experience / ability / knowledge (PEAK) Matrix for Banking BPO. These service providers are dividend into three categories based on performance: leaders, major contenders and emerging players. The PEAK Matrix is a framework to assess the absolute matrix success and overall capability of service providers.

Tata Consultancy Services declares second interim dividend Of Rs 3 per equity share The board of Tata Consultancy Services in its meeting on 19 October 2012 has declared a second interim dividend of Rs 3 per equity share of Re 1 each of the company.

Tata Consultancy Services to hold board meeting On 19 October 2012 The board meeting of Tata Consultancy Services will be held on 19 October 2012 to consider the restructuring of its following unlisted subsidiary companies namely, TCS e-Serve, TCS e-Serve International, Retail FullServe and Computational Research Laboratories.

Tata Consultancy Services to announce Q2 results Board meeting on 19 October 2012 The board meeting of Tata Consultancy Services will be held on 19 October 2012 to consider and take on record the audited financial results of the company for the quarter and six months ended 30 September 2012 and to consider declaration of second interim dividend.

TCS named the exclusive information technology consultancy for the 2012 Bank of America Chicago Marathon Tata Consultancy Services (TCS) has been named the exclusive information technology consultancy for the 2012 Bank of America Chicago Marathon to be held on Sunday, 07 October 2012. This is the third consecutive year TCS will sponsor all three major US marathons, including the 2012 Boston Marathon (April 16) and 2012 ING New York City Marathon (November 04). TCS has partnered with the Chicago Marathon to sponsor and enhance information areas that will be posted throughout the marathon weekend at both the Bank of America Chicago Marathon Health & Fitness Expo and Grant Park. The two-day health and fitness expo will take place at Chicago`s McCormick Place Convention Center. This year TCS will field more than 40 runners at the marathon. The company made this announcement on 04 October 2012.

TCS launches Firebird Plus rapid deployment offering for Oracle Fusion Human Capital Management Tata Consultancy Services (TCS) has announced the launch of Firebird Plus, a new rapid implementation offering for Oracle Fusion Human Capital Management (HCM). A Diamond level partner in Oracle PartnerNetwork (OPN), TCS will leverage its Firebird / Firebird Plus solution along with its proven experience in Oracle Fusion HCM to deploy best-in-class human resource functionality within a fixed scope. Oracle Fusion HCM applications combine advanced technology - including a complete set of enterprise services in the Oracle Cloud - with integration and best HR practices to enable businesses to proactively manage HR operations while focusing on strategic business initiatives. With Firebird Plus, customers can move from a transaction-based to a process-based approach to streamline HR functions and realize greater return-on- investment. In addition, Firebird Plus provides customers with the flexibility to extend or add on optional services to Oracle Fusion HCM based on their unique needs. The Firebird approach also enables customers to build on their current investment in Enterprise Resource Planning (ERP) by implementing Oracle Fusion HCM in a coexistence model. The company made this announcement on 27 September 2012.

TCS releases 2011-12 sustainability report Tata Consultancy Services has released its sixth Corporate Sustainability Report under the Global Reporting Initiative (GRI) 3.1 framework. The report highlights TCS` perspective on sustainability including corporate governance, human resources, corporate social responsibility, health, safety and environment management, including the activities of its Eco- sustainability team during the financial year April 2011-March 2012. The TCS Sustainability Report has been externally assured by KPMG Advisory Services and has received an A+ rating check for having reported on a maximum number of parameters. This rating check has been further validated by the GRI. The GRI framework serves as a generally accepted framework for reporting on an organization`s economic, environmental and social performance. It is designed for use by organizations of any size, sector or location. Creating conditions for sustainable growth and building awareness about the need for sustainability among its base of over 240,000 employees globally are key ongoing initiatives across TCS. The TCS Sustainability report 2011-12 focuses on TCS` global operations, and on significant economic, environmental and social factors that affect the way TCS does business, including its relationships with key stakeholders. The sustainability reporting guidelines of GRI are used to illustrate TCS` progress and performance in corporate sustainability activities. The company made this announcement during the trading hours today, 25 September 2012.

TCS ranked as a leader in banking application outsourcing by Everest Group`s research Report cites TCS`s growth in banking application outsourcing revenue, breadth of clients and solutions as key leadership characteristics Tata Consultancy Services has announced today that it has been designated a leader in IT Application Outsourcing (AO) for banking by the Everest Group, an advisory and research firm on global services, in the Everest Group banking AO PEAK (performance, experience, ability and knowledge) Matrix, published in August 2012. TCS was also the only company in the leader category to also be recognized as a `2012 Banking AO Market Star Performer`. This distinction is awarded to those providers with the strongest forward movement over time - both in terms of market success and capability advancements. Among the attributes that garnered TCS this honor are its strong focus on the banking vertical, its large and growing base of over 100 active banking AO clients, its more than 50 other products / solutions for the banking industry to support all banking line of businesses across all AO functions and its proprietary banking solutions, which includes the BaNCS platform. The report is part of the Everest Group`s nine-part series of reports focused on AO in BFSI (banking, financial services and insurance industry) in 2012. In this research, Everest Group analyzed the capabilities of twenty five leading AO service providers, specific to the global banking sector. The providers were mapped on the Everest Group PEAK Matrix, which is a composite index of a range of distinct metrics related to a provider`s capability and market success. The company made this announcement on 18 September 2012.

Tata Consultancy Services inaugurates new center in Minneapolis Tata Consultancy Services has today announced the official opening of the TCS Solutions Center - Minneapolis in Bloomington, Minnesota. The inauguration of TCS` newest facility was celebrated on 14 September 2012. The center will serve as a hub for delivering technology services to customers in the region and is an integral part of TCS` Global Network Delivery Model, which provides a quality of service and certainty of outcome that TCS` customers have come to rely on. The company made this announcement during the trading hours today, 18 September 2012.

Tata Consultancy Services helps boost UK graduate employment prospects Tata Consultancy Services has announced its support to the Study India Programme (SIP) 2012, a UK-India Education and Research Initiative. The programme is designed to nurture the essential skills that business will look for in developing a best-of-breed workforce in an increasingly competitive global business environment.

TCS appointed official information technology partner to BMW Berlin Marathon Marks increased focus on Germany as a key growth region for the company Tata Consultancy Services has signed an agreement with Sport-Club Charlottenburg Events Gmbh. (SCC) to become the `Official Main Sponsor of the BMW Berlin Marathon` over the three year period 2012-2014. TCS will also serve as the marathon`s information technology partner, providing technologies such as mobile applications, to improve the experience of the sport. This announcement comes during a period when TCS has been focusing on significantly expanding and localizing its German operations, which have tripled in size over the past five years. TCS has over 3,000 consultants working for over 80 German and Austrian clients, including 14 of the DAX 30 companies. The TCS Central Europe head office is located in Frankfurt am Main, with offices in D|sseldorf, Hamburg, Stuttgart, Walldorf, Wolfsburg and Vienna. The appointment takes TCS` tally of partnerships with the world`s leading marathons to four. The company has tie ups with four of the five marathons considered the most prestigious `Major` races - Boston, Chicago, New York City and now Berlin. It is also a title sponsor of the TCS Amsterdam Marathon, the TCS World 10K in Bangalore and an associate sponsor of the Standard Chartered Mumbai Marathon. The company made this announcement during the trading hours today, 04 September 2012.

Tata Consultancy Services recognised as one of achievers 50 most engaged workplaces in the United States Tata Consultancy Services has announced today that it has been recognised as one of Achievers 50 Most Engaged Workplaces in the United States. This annual award recognises top employers that display leadership and innovation towards engaging their employees. The Achievers 50 Most Engaged Workplaces award is judged by a panel of judges that evaluate each applicant based on the eight elements of employee engagement, communication, leadership, culture, rewards & recognition, professional & personal growth, accountability & performance, vision & values and corporate social responsibility.

TCS acquires Pune based start-up CRL for Rs 188 crore Tata Consultancy Services has announced that it has entered into a definitive agreement to acquire 100% equity of Computational Research Laboratories (CRL), a wholly-owned subsidiary of Tata Sons, for a cash consideration of Rs 188 crore (US $34 million). The acquisition of CRL, a pioneering start-up firm in the arena of High Performance Computing (HPC) solutions in India, will enable TCS to extend its suite of solutions and offer integrated HPC applications and Cloud services to its large base of customers. HPC applications are finding increasing relevance and use among large enterprises, as they look to solve complex business problems like reducing their time-to-market. This is driving an increase in adoption of HPC-based applications for modeling, simulations, visualization and big data analysis across the business. TCS` global base of customers across multiple industries including automotive, aerospace and energy are investing in the use of HPC applications and services. CRL`s core strength in creating and managing HPC environments enriches TCS` capabilities in infrastructure management, engineering and industrial services and strengthens the focus on creating Cloud-based industry platforms.

Ziraat Bank, Turkey selects TCS BaNCS to power its international banking operations Tata Consultancy Services has announced that Ziraat Bank, Turkey, has selected the TCS BaNCS core banking platform for a multi-country implementation as part of its international growth strategy. This transformational engagement, which commenced in July 2012, follows a model office solution approach towards the deployment across multiple countries in Europe. The company made this announcement on 02 August 2012.

Kuwait clearing company completes successful upgrade to TCS BaNCS Tata Consultancy Services has announced that its customer, the Kuwait Clearing Company (KCC), has upgraded from the existing version of TCS BaNCS to the new version with highly scalable architecture for market infrastructure, which has also helped KCC eliminate legacy systems like the Registrar services system thereby minimizing operational risks. TCS BaNCS is a comprehensive, web-enabled product suite addressing Straight-Through-Processing across the entire capital market infrastructure value chain, encompassing Exchange Trading and Clearing with CCPs, Central Depository/ Registry Services and Market Surveillance. From leading depositories, exchanges and clearing organizations to central banks across the globe, TCS BaNCS has enabled transformation in markets worldwide. Equipped with high-speed, high-quality communication interface capabilities, this new version also deploys Web Services to allow clients/ participants to perform transactions in real time. Further, with SWIFT messaging, improved security, bulk authorization features and a complete multilingual system, providing Arabic reports, this enhanced solution was implemented by KCC well ahead of the timeline for the new trading software at the Kuwait Stock Exchange. The company made this announcement on 30 July 2012.