TCS Exceeds $10B In Revenue
This month, Tata Consultancy Services became the first Indian technology company to cross the $10 billion mark in sales. Annual revenue surged 24 percent to $10.17 billion. TCS' Infrastructure Services, Enterprise Solutions and BPO units each brought in more than $1 billion in revenue. However, for the fourth quarter, growth was much slower: Revenue was up only 2.4 percent to $2.64 billion.