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Vijay Kelkar joins board of directors of TCS

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IT services, business solutions and outsourcing firm Tata Consultancy Services (TCS) has announced that it has appointed former Finance Secretary Vijay Kelkar and Tata Sons finance director Ishaat Hussain to the board of directors of the company with effect from January 5, 2010.

With the addition of these two new directors, the total board strength of the company has increased to 12 directors, including six independent directors, including Mr Kelkar, a press release from TCS said.

Mr Kelkar holds a doctorate in development economics from the University of California at Berkeley. He was Chairman of the 13th Finance Commission, which submitted its report to the President recently. He has also served the Government as Adviser to the Minister of Finance and Secretary, Ministry of Petroleum & Natural Gas.

He also served on several government task forces including as chairman of Implementation of the Fiscal Responsibility and Budget Management Act. He represented the Government of India on global forums as an executive director at the International Monetary Fund; and as director at United Nations Conference on Trade and Development.

Mr Hussain joined the board of Tata Sons as an executive director on July 1, 1999, prior to which he served as executive director, finance at Tata Steel for almost ten years. He is also the chairman of Voltas and Tata Sky and serves on the boards of several Tata group enterprises including Tata Steel, Tata Industries, Tata Teleservices and Titan Industries. He is also a public interest director of the Bombay Stock Exchange.

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