The company named TCS ( Tata Consultancy Services ) has got 1860% dividend from its subsidiary company named TCS America International Corporation amounting to Rs 1900 Cr. in FY11-12 compared to Rs 32 Cr in FY10-11. TCS America International has tinny paid up capital of Rs just 1.02 Cr. But The company has reported fabulous growth of 35% in FY11-12 revenue to Rs 20000 Cr.(Approximately). Fact is that this subsidiary of TCS is earning more money as compared to other Tata Group Companies like Tata Global, Titan Industries etc.TCS has earned total dividend income of Rs 2428 Cr. in FY11-12 compared to Rs 39 Cr. in FY10-11.
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