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Tata Consultancy Services Limited - Assignment Example
Finance & Accounting
Pages 4 (1004 words)
Tata Consultancy Services Limited (TCS) is an MNC in IT services, consultancy and business solutions. TCS has it headquarter in Mumbai and it operates in 44 countries with 199 branches in the world. It is listed in BSE and NSE in India. It is considered as the largest IT services company in India by revenue and market capitalization as of 2013…
Tata Consultancy Services Limited
The Tata code of conduct says that any employee of Tata should not engage himself/herself in any relationship, business or any such activity that might cause conflict of interest in the company or in Tata group. A situation of conflict of interest can arise directly or indirectly if an employee of the company engages in relationship, activity or business with a party who is transacting with Tata Company or if an employee is taking undue advantage of his position by influences decisions in the company or an independent decision or judgement that cannot best for the group or the company.
Interaction of TCS with Financial Market
Equity share capital of TCS is traded on BSE and NSE. The company has 1957220996 equity shares with value of 195.72crores traded in the exchange. The company publishes its annual report every year which helps the public and financial market participants to know about the company’s financial and profitability position. It also publishes any news regarding the company’s business operation or any legal changes in the company.
The CSR program of TCS includes education, environment and health around the world. It has developed many innovative solutions to solve various societal problems by utilizing their IT competencies. It also provides support for natural disaster relief as their corporate social responsibility. It also engages itself in various community development programs organized by its clients. In 2011-12 year it had engaged itself 58362 hours for corporate social responsibilities and provides help to 5790604 beneficiaries.
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