History of Tata Infotech Ltd.

1977

- The Comp. was incorporated on 8th December, & the Certificate of Commencement of Business was obtained on 26th May, 1978. It was jointly established by Tata Sons, limited & Burroughs Corporation, U.S.A. [Burroughss], to implement a 100% export oriented project for the manufacture of computer peripherals at Santacruz Electronics Export Processing Zone [SEEPZs].

- The Comp. manufacture, marketing & export of computer systems & peripherals; marketing, installation, maintenance & support of the equipment of UNISYS Corporation, U.S.A. in India & rendering of computer consultancy & development services for Indian and overseas market.

1980

- The entire capital was equally divided between Tata Sons Ltd., and Burroughs Europe-Africa Inc. U.S.A. 1985

- The Comp. issued, linked to the equity issue, 250, 400-12% non-convertible debentures of Rs 100 each for Rs 250.40 lakhs. The debentures were reserved for preferential allotment: 5,008 debentures to friends & business associates of Company; 40,000 debentures on an equitable basis to employees including directors & 17,592 debentures to employees participation trust. The balance 1,87,800 debentures, along with the unsubscribed portion of preferential quota, were offered for public subscription during August-September 1985.

- During August, 6,26,000 Equity shares issued at a premium of Rs 15 per share of which the following shares were reserved for preferential allotment: 12,520 shares to friends & business associates of the Company; 1,00,000 shares on equitable basis to employees [including Indian directorss] & 43,980 shares to employees participation trust. The balance 4,69,500 shares along with the unsubscribed portion of the preferential quota, if any, were offered for public subscription during August-September 1985.

1987

- Upon the Burroughs/Speery merger resulting in the formation of Unisys, the name of Comp. was changed from Tata Burroughs, Ltd. to Tata Unisys, limited in May.

- 12,50,400 bonus shares issued in the ratio 2:5.

1988

- The Comp. undertook to install 2200/400 & 6000/50 Computer Systems at Noida Export processing zone, near New Delhi. The Computer Consultancy Division executed several turnkey projects at SEEPZ and abroad. A major innovation was the setting up of centres in India dedicated to development of software for customers abroad.

1990

- The Comp. was apppointed by Autodesk Inc. as the distributor in India for its products. The Comp. established a UNIX software forms centre at Bangalore.

- The Comp. diversified into airline software. The range of U6000 range systems was expanded by introducing the U6000/51 & U6000/55 systems.

1991

- The Comp. was appointed as a distributor in India for uniplex products.

1992

- 17,50,560 bonus shares issued in prop. 2:5.

1997

- The Comp. added new infrastructure & facilities by setting up an additional facility at its Noida centre, a new building at its SEEPZ centre & a new software development centre in Pune.

- Galaxy Information Systems and Technology, is a subsidiary of the Company.

- 61,26,960 bonus shares issued in proportion 1:1.

- Tata Unisys has been renamed Tata Infotech limited following the approval of both its shareholders & the Central Government.

- Tata Infotech has tied up with Compaq Computers to provide enterprise class solutions to corporate & government clients.

- Tata Consultancy Services [TCSs], India leading software house, has taken on board Tata Infotech, SRA Systems Ltd, Focus & Maxworth Information Technology Ltd [MITLs], as the first four business associates to work with it on the Year 2000 [Y2Ks] projects.

- United States-based CVD International Inc., is entering into a joint venture with Tata Infotech to manufacture digital video disc [DVDs] players in the latter Goa-based 100 per cent export-oriented unit [EOUs].

- Tata Infotech, the system integration Comp. & the U.S.-based Business Objects, world premier provider of integrated enterprise decision support tools, have joined hands to provide the Indian market with top-grade business intelligent decision support systems [DSSs] solutions.

1998

- Tata Infotech has signed a agreement with the Pittsburgh-based SEED Inc to market it `Year 2000 Enterprise' service in India.

- Tata Infotech Ltd [TILs] has signed an agreement with the UK based Edexcel International to offer Edexcel portfolio of qualifications to its students.

- The public sector enterprise Kerala State Electronics Development Corporation Ltd., [Keltrons] has entered into a business tie-up with Tata Infotech for state-of-the-art technology in the field of imaging solutions, geographical information system, video conferencing, decision support systems & IT consultancy.

- Tata Infotech Ltd Tulec has entered into a marketing & technical alliance with the University of Hertfordshire, UK, for providing B.Tech [Honss] degree in information technology in India.

- Tata Infotech Limited has signed an agreement with US-based CBT Systems to introduce the concept of interactive computer education in the country.

1999

- Nisso Iwai & Tata Infotech [TILs] have signed in agreement for providing software services in Japan. The venture has received orders from several software companies in Japan.

- Tata Infotech core business is software development, training and selling of software products. It also distributes software for SCO Unix.

- TATA Infotech Ltd, Mumbai-based software major, will launch FoneMAIL, an innovative software product that enables an e-mail Acc. holder to 'listen' to his mailbox using a telephone.

- Tata Infotech Limited has launched the first computer education centres that will conduct training through interactive software courses. These centres have been launched in association with the US-based CBT Systems & will provide computer-based training using technology, software & methodology developed by US company.

- HCL Perot & Electronic Data Systems, USA, have joined leading computer major IBM & Tata Infotech to bid for Tata Iron and Steel Company [Tiscos] infotech division & its 300 software personnel.

- Tata Infotech has launched some software products like SignBank, a signature verification system, Easideal, a forex dealing system, FingerScan, Zenview, etc.

2000

- The Comp. has entered into an agreement with Kale Consultants to offer integrated decsion support systems.

- Tata Infotech has built an international reputation for being a highly competent systems integrator & solutions provider. Having executed more than 5,000 projects worldwide with a strong presence in the USA, UK, Continental Europe, Japan, Australia & India the company is now gearing itself to meet the challenges of next century

- In the year 2000, the Comp. finalised a strategic relationship with Wausau Financial Systems [WFSs], US, & the major part in this relationship is the manufacture of ATMs for WFS. WFS will distribute the ATMs in the international market while Tata Infotech will market them under its brand name in India. The Comp. intends to launch these ATMs by Jan.-Feb. 2001. 2001

- Tata Infotech one of IT arms of Tata group, is planning to hive off its education business into a separate subsidiary & rope in a strategic partner.

- Tata Infotech has signed an agreement with Consilience Technologies, a joint venture between Tata Africa holdings & J&J group of South Africa, to provide services in the South African market.

- Haryana has tied up with Tata Infotech to introduce computer education in the schools, colleges, polytechnics & industrial training institutes from the ensuing academic session.

- Tata Infotech limited signed an agreement with the Indian Institute of Technology, Mumbai, renewing the joint research & development activities for next three years.

- In order to service better in the US, the Comp. has set up a new intermediate development centre in Chicago in addition to the existing 11 offices. In its efforts to increase its geographical coverage it signed a MoU with Consilience Technologies [Ptys], South Africa to market & support its products & services in the key sectors & to facilitate the business of company Education Service division. The company has set up a subsidiary in Canada in May 2001 to increase its presence in the North American markets.

- In Oct. 2001, Tata Infotech has signed a Rs 9-crore agreement with Air India to provide comprehensive IT systems maintenance & facility managementservices for Air India mission-critical applications. Tata Infotech Limited plans to set up 850 education centers both in Indiaand overseas by 2004.

2002

-Retrenches few of employees due to global economic recession & to cut costs.

-Changes in the Directorship of company: Mr S Gupta resigns from the Board, Mr N A Soonawala resigns from the BOD, & appoints Mr D B Engineer as the Director.

-Signs a pact with Spectrum Software of Atlanta for marketing & providing product support & training for Spectrum products.

-Fortune Informatics Ltd ties up with the Comp. towards former range of products & solutions.

-Dr Nirmal Jain gives resignation as the Managing Director from the BOD of company.

-Diebold Incorporation enters into a contract manufacturing agreement with the company, where the Comp. will manufacture Diebold Automated Teller Machine in India.

-Forges an alliance with University of Mumbai to offer various career oriented courses in the field of IT.

2003

-Inducts Charles Antony as Chief Operating Officer in place of Mr Nirmal Jain.

-Tata Teleservices & Tata Infotech inpact to set up wireless application laboratory at IIT-Mumbai.

-Ties up with SAS India Ltd to provide customer analytics & organizational intelligence solutions.

2004

-Tata Infotech Limited has informed that Mr. S Ramadorai has resigned as a Director from the Board of Directors of Tata Infotech Ltd

-Former IDFC MD selected as additional director on Tata Infotech board

-Tata Infotech Ltd has informed that the BoD have appointed two senior executives of Comp. as Additional Directors & Wholetime Directors wef July 1, 2004