TCS Gives $35 Million Gift To Carnegie Mellon

<p>Tata Consultancy Services (TCS) is giving Carnegie Mellon University (CMU) $35 million to develop a facility promoting education and leading-edge research by CMU's faculty and students.</p><p>The gift from TCS is the fifth largest gift in Carnegie Mellon's history and the biggest the school has received either from outside the US or from a corporation.</p><p>The gift also will endow presidential fellowships and scholarships, increasing the availability of a CMU education to outstanding students.<br><br>"With our shared commitment to education and research in areas that help address many challenges of our time, the partnership with TCS is both natural and extraordinarily promising," said Subra Suresh, president of Carnegie Mellon.</p><p>"Together, our two organisations have the capabilities and capacity to make breakthrough discoveries, and the scale to make societal impact on a global scale."<br><br>"TCS is proud to invest in this landmark partnership with CMU to promote market-driven innovation and accelerate advancements in technology," said Natarajan Chandrasekaran, chief executive officer and managing director, TCS.</p><p>"As global leaders, Carnegie Mellon and TCS have the intellectual power, creativity, institutional nimbleness, and global reach to capitalize on new opportunities and have a lasting impact on society and industry through cutting-edge digital research and a long-term commitment to education."</p><p>TCS is part of the Tata group, India's biggest industrial conglomerate.&nbsp;</p>