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TCS’ R&D spending increases over 17% to Rs 15 billion in FY18

28 May 2018 Evaluate

Tata Consultancy Services (TCS) has increased its spending on research and development (R&D) and innovation initiatives by over 17 percent to Rs 15 billion in 2017-18, compared to the previous year. The company’s total R&D and innovation expenditures stood at Rs 12.78 billion in 2016-17.

TCS is an IT services, consulting and business solutions provider that has been partnering with the world’s largest businesses in their transformation journeys for the last fifty years.

Peers
Company Name CMP
TCS 2354.45
Infosys 1111.00
HCL Technologies 1363.30
Wipro 173.70
Tech Mahindra 1648.70
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