How a nudge from Cyrus Mistry helped TCS unlock a USD1 billion opportunity

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Cyrus Mistry (R) and N Chandrasekaran (L) during the TCS AGM in Mumbai in 2013.

Synopsis

Cyrus Mistry wanted TCS to tap into Tata Group’s business. In FY14, the company made INR197.71 crore in revenue, including reimbursements, from Tata Group. By FY17, that amount had grown to INR2,400 crore. Here’s how TCS worked its way deeper into Tata Group’s business.

For years, Tata Consultancy Services (TCS) – the crown jewel of the Tata Group – built its fortune servicing global giants. But quietly and steadily, its fortunes within the family have…



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How a nudge from Cyrus Mistry helped TCS unlock a USD1 billion opportunity


Cyrus Mistry (R) and N Chandrasekaran (L) during the TCS AGM in Mumbai in 2013.

Synopsis

Cyrus Mistry wanted TCS to tap into Tata Group’s business. In FY14, the company made INR197.71 crore in revenue, including reimbursements, from Tata Group. By FY17, that amount had grown to INR2,400 crore. Here’s how TCS worked its way deeper into Tata Group’s business.

For years, Tata Consultancy Services (TCS) – the crown jewel of the Tata Group – built its fortune servicing global giants. But quietly and steadily, its fortunes within the family have…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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