The Tata Group was founded by Jamsetji Tata in 1868 as a conglomerate with significant subsidiaries including Tata Steel and Tata Consultancy Services (TCS). TCS, established in 1968, specializes in IT services and consulting, boasting extensive global operations and a strong financial position. Despite its strengths, such as low attrition rates and a wide market presence, TCS faces challenges including employee dissatisfaction, economic uncertainties, and competition from emerging IT firms.