TCS gives 77.5% cash returns to investors

As India's largest information technology (IT) services company, TCS, on Sunday marked 20 years of its listing, its Managing Director and Chief Executive Officer K Krithivasan said the firm would remain equally focused on building a stronger future.

- SHIVANI SHINDE

In 2004, TCS made history with the first $1 billion initial public offering (IPO) by a private-sector company in India. Tata Sons diluted 14 per cent of its equity shares.

"In these two dynamic decades, we have helped our clients navigate many technology cycles, reshaped the global IT industry, built rewarding long-term careers for our colleagues, and created wealth for our investors," said Krithivasan in a LinkedIn post.