As Tata Consultancy Services completes 50 years, top executives expected big cash bonus or Tata products such as jewellery, homes, and cars. But they got Titan wrist watch.

Tata Consultancy Services announced the long-awaited 50th anniversary gift for its employees across the globe. And, as expected by most employees, it was indeed a product from the Tata stable — a Titan watch.

However, nobody was excited and some, including few key vertical heads of the company, were thoroughly disappointed. “There is total disappointment all across. Many of us were guessing what the gift could be, for over a year. Some thought it would be cars from Tata Motors, homes, jewellery or anything like that from the Tata Group. Others guessed it would a big cash bonus. People have been waiting for a year until April 12, the day of the Q4 announcement,” said a top executive, who did not want to be named.

TCS CEO & MD Rajesh Gopinathan, in a statement on Monday on the company’s internal portal said, “As we close the end of our fiftieth year, it is a good moment to reflect on the year gone by, and years ahead, to celebrate our diversity, and the agility of our global workforce, to rejoice at our success in being the partner of choice for our customers in this shared journey of growth and transformation.” “At the heart of this success is the incredible energy and focus that you bring to this company, and the valuable role each one of you played in building TCS as one of the most-respected and valued IT companies in the world.”

Mr. Gopinathan said, “To celebrate this occasion, I am happy to share that we have created a special souvenir for all our associates. This souvenir represents the boundless energy that makes TCS tick round the clock and will help remind us of our glorious journey and inspire us to step ahead, fearlessly, into the future.” He signed off the 50th anniversary note saying, “Keep ticking”.