The Race To $10 Billion Who'll Get There First: TCS, Infosys, or Wipro?
Business Today, April, 2006 by Venkatesha Babu additional reporting by Rahul Sachitanand
Tata Consultancy Services (TCS), Infosys Technologies and Wipro, three Indian companies the world knows best, members of the exclusive club that is Tier-I of the Indian software services business and darlings of the stock market won't admit it, but they are, all of them, participants in a race to touch the $10-billion-in-revenues (Rs 45,000 crore) mark. All three should reach this mark by 2010, maybe sooner. At stake are bragging rights and universal recognition that the company in question has indeed arrived on the international it firmament.
They have size on their side and in industry-lingo, this provides traction. As Nandan Nilekani, CEO, President, and Managing Director of Infosys, points out, it took his company 23 years to reach the $1 billion (Rs 4,500 crore) mark and...
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