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In-Depth Countrywise Survey of Asian Portfolio Managers positions Tata Consultancy Services among the Best Managed Companies in India
PRESS RELEASE
HONG KONG | MUMBAI, March 8, 2019: Tata Consultancy Services, (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organization, has won three awards in the recently published country-wise results of FinanceAsia’s 2019 Asia’s Best Managed Companies survey.
The 19th edition of this annual survey captured the opinions of 240 portfolio managers and buyside analysts across Asia on how the region’s leading corporations are managed, their investor relations, and commitment to environmental, social and governance policies. In the India rankings, TCS won three awards: Best Managed Company (#2), Best Investor Relations (#1) and Best ESG (#1).
“It is immensely gratifying to be recognized by the investor community for our industry leadership, corporate governance, investor engagement initiatives, and community outreach efforts,” said Kedar Shirali, Global Head – Investor & Analyst Relations, TCS.
These survey results from investors in Asia reinforces the findings of two other recent surveys from the region. In the Institutional Investor’s 2018 All-Asia Executive Team survey, TCS was among the Most Honored Companies in Asia, winning six awards: Best CEO (#1), Best IR Professional (#1) and Best Corporate Governance (#1), Best CFO (#2), Best Investor Relations (#2) and Best ESG (#2), in the Technology/IT Services & Software sector. In Asiamoney’s 2018 Asia's Outstanding Companies poll, TCS was voted the Overall Most Outstanding Company in India.
About Tata Consultancy Services (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. This is delivered through its unique Location Independent Agile™ delivery model, recognized as a benchmark of excellence in software development.
A part of the Tata group, India's largest multinational business group, TCS has over 606,000 of the world’s best-trained consultants in 55 countries. The company generated consolidated revenues of US $25.7 billion in the fiscal year ended March 31, 2022, and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS' proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit www.tcs.com
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