Wrong: TCS is a reputed software company in India.
Right: TCS is a reputable software company in India.
Explanation: Both reputable and reputed are used to define the reputation of an organization. However, when you say TCS is a reputed organization, it essentially means you’re not very sure of its reputation. On the other hand, when you say TCS is a reputable organization, it means there’s not an iota of doubt that TCS is a company of national repute.
However, the following example is acceptable:
Example: The company hired her because of her reputed skills as a content writer. (The company is fairly sure of her skills in content writing)
via Susant
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