TCS, India’s largest IT service provider, has long been outshined by the likes of Wipro and Infosys, but in past few years they clearly have been able to stand ahead of the race. By leveraging its technical and domain capabilities, refurbishing the performance management system and giving a face lift to its weak spots, TCS have been able to become the most valuable company in India by market capitalization.
Here’s our list of top 10.
This amazing space is the recreational centre at the Infosys Development Campus, located in the SEZ area, Hyderabad. The Hyderabad campus houses 8,000 employees (or “infoscions”, as Infosys terms them) has training facilities with on-campus accommodation for 700 students. There are two large food courts, the obligatory cricket ground, mini-golf and all kinds of recreational facilities for the employees. Infosys is known for its sprawling, vast campuses full of amenities and facilities.
A marginal growth in business and a weak rupee vis a vis the dollar has had Indian IT giant Infosys laughing all the way to the bank. And the highest beneficiary of the gains is Infosys CEO Vishal Sikka, who has recently had a 55% pay hike and received an additional 1 crore over his 28 crores variable pay.
At an event organised by Indian School of Business (ISB), Hyderabad, Narayana Murthy, the co-founder and emeritus Infosys, who was conferred an honorary doctorate at the premium management school, has made a rather controversial statement.
The Infosys founder was reported as saying that Indian IT companies act as “Immigration agents”, referring to the huge onslaught of employees that are sent abroad every year to work onsite in US companies.