TATA DOCOMO Launches GSM Service in Karnataka

TATA DOCOMO, the GSM brand of Tata Teleservices Limited, today announced the commercial launch of its operations in Karnataka, just a few days after it announced its launch in Tamil Nadu, Kerala and Orissa. The company’s Next Gen GSM service started on a heady note, with TTSL Managing Director Anil Sardana announcing a novel “Pay-for-what-you-use” model, with a pulse of one second, and a pricing of 1 paisa per second. TATA DOCOMO’s pan-India service rollout will be completed this year, with the entire South India set to go going ‘live’ next week.

In a message at the launch press conference, Mr Ratan Tata, Chairman, Tata Sons, said: “The value proposition offered by Tata-DOCOMO is a unique and revolutionary idea which symbolizes the spirit of innovation and inventive genius. This launch is truly a moment of triumph for the consumer. The launch of pay-per-use, per-second concept offered by Tata-DOCOMO will create a paradigm shift in the overall telecom experience for the customer and provide a service that is refreshingly different.”

Introducing the One-Second Pulse—Local. STD. ISD.
TATA DOCOMO also unleashed a wide array of products and services at the launch, riding on the back of path-breaking innovative products and services, and never-before tariff options. “We had made a promise that we would bring to the country products and services that would redefine the telecom experience,” Mr Anil Sardana said. “It is a privilege to be fulfilling that promise in Karnataka—where subscribers are discerning and seek transparency, innovation and differentiation. Our partnership with NTT DOCOMO will help us provide our subscribers with tremendous technological and service differentiation. Keeping in view the century of trust associated with the House of Tata, we are launching the concept of fare being fair. From today, TATA DOCOMO subscribers will now be able to enjoy the benefits of ‘pay-as-you-use’, at only one paisa per second for all voice calls across India ,” he added.

NTT DOCOMO is acknowledged as the global leader in 3G technology and respected worldwide for its futuristic product innovations.

In a video-address, Mr Toshinari Kunieda, Senior Vice-President and Managing Director, Global Business Division, NTT DOCOMO, said: “NTT DOCOMO has provided technical inputs to make the TATA DOCOMO GSM network world-class. Progressively, NTT DOCOMO shall bring to India the various products and services that we offer in Japan and many other countries—such as i-modeTM, Location-based Services (LBS) and mobile payment—and give TATA DOCOMO customers a flavor of tomorrow. TTSL and NTT DOCOMO are closely engaged in integrating technology, value-added services, products and applications through the mechanism of Business and Technology Cooperation Committee (BTCC). This should see TATA DOCOMO change the way India communicates.”

Announcing some very aggressive pricing and customization options, Mr Deepak Gulati , President, TATA DOCOMO, said: “In a market that is cluttered with many operators and throws up confusing options, we will offer simplicity to consumers by being the country’s most transparent, innovative and liberating telecom brand. The first move on this front is to cut through the clutter and redefine the entire pricing paradigm—from Day One of our launch, we will work on a per-second pricing model for almost everything, be it voice calls, VAS services, IVR interactions. Above all, we promise to always listen to our subscribers.”

“We are focusing strongly on network superiority, coverage and service offerings. Our presence in 427 towns and 2,642 villages makes our network footprint the largest among all telecom operators in Karnataka, at the time of launch. We have already made large investments in the Circle, and further expansion this year itself is on the anvil,” Mr Yatish Mehrotra , TATA DOCOMO’s Hub-head for South India , said. “TATA DOCOMO will unveil a portfolio of Value-Added Services that will reinvent mobile telephony in India , with products and services like Free Voicemail, Timed SMS Service, Free Missed Call Alerts, Call-me Tunes, etc—all of them customized to liberate and refresh our subscribers,” he added.

The company has earmarked an investment of $2 billion on its pan-India GSM network rollout.

Superior Technology and Network
From the day of the launch, the reach and coverage of the TATA DOCOMO network is greater in Karnataka than that of any other operator at the launch stage. The TATA DOCOMO GSM mobile service will have extensive coverage in 427 towns and cities and 2,642 villages in Karnataka, along 505 km of the state’s highways, at airports, along 220 km of rail routes and at places of tourist interest.

NTT DOCOMO has played a major role in the evolution of mobile telecommunications through its development of cutting-edge technologies and services. Over the years, technologists at NTT DOCOMO have defined industry benchmarks for 3G technology, as also products and services such as i-mode and a plethora of lifestyle-enhancing applications. Today, while most global telecom players are only beginning to talk of 4G technology and its possible applications, NTT DOCOMO has already recorded a downlink transmission rate of 250 Mbps over a high-speed wireless network in an outdoor test of an experimental system for Super 3G, also known as LTE, and is targeting to complete the commercial development by the end of 2009. This will hold Tata DOCOMO in good stead as it launches GSM services.

TCS Launches New Business Intelligence Solution for Hospitals and Healthcare Providers

Tata Consultancy Services (TCS) (BSE: TCS.BO, NSE: TCS.NS), a leading IT services, business solutions and outsourcing firm, has launched Provider Performance Insight, a business intelligence (BI) solution built on SAP® BusinessObjects™ software for hospitals and other healthcare providers. Using its proprietary BI framework, TCS has developed an out-of-the-box dashboard that will simplify projects, reduce costs and dramatically shorten time to value related to both hospital administration and patient care.
Hospitals have traditionally not embarked on end-to-end data warehousing and analysis due to perceived high costs, high complexity and long gestation period. Typical business intelligence projects in other industries can take 12 months for initial results and up to 18 months for completion. In response, TCS’ Provider Performance Insight takes just three to five months to deploy and provides end-to-end solutions for both administrative and clinical processes to enhance patient services and improve strategic decision making.
“The escalating cost of healthcare makes it imperative for all healthcare providers to evaluate efficiencies in every aspect of their business,” said Debashis Ghosh, head of Life Sciences and Healthcare at TCS. “Both patient care and operational effectiveness need to be evaluated, improved and tracked on an ongoing basis and this will be enabled by our solution.”
The dashboard has been developed using TCS’ hBIDS (healthcare analytics framework) and built on the SAP BusinessObjects Xcelsius™ software. The hBIDS framework has a comprehensive list of performance indicators covering most of the operational and clinical areas of a hospital, including customer care and satisfaction, resource utilization, staff satisfaction, staff utilization, clinical outcomes, and financial measurements.
The Provider Performance Insight solution provides the following:- A snapshot of patient care delivery activities- Effective performance evaluations of patient service - Ability to optimize staffing levels to reduce overall cost- Power to track and trend staffing ratios over multiple periods - Real-time assessment of overall financial status- Ability to compare revenue across peer organizations or departments- Increase revenue across clinical service lines
“SAP BusinessObjects Xcelsius is an intuitive and robust tool set with rich analytic capabilities, making it an ideal solution for healthcare providers to enhance visibility into their patient care and business operations,” said John Papandrea, senior vice president and Global Healthcare Sector Head, SAP. “SAP’s vision for healthcare is to provide applications that support the ability of healthcare provider organizations to focus on improving quality, helping maintain or reduce costs, and increasing transparency of the quality of care that is provided to consumers. We applaud TCS on the delivery of this new solution to healthcare providers, which will help to improve these fundamental metrics of performance.”
About TCS Life Sciences and Healthcare Industry Solution UnitTCS Life Sciences and Healthcare division is a decade old, sixth largest group within TCS, serving Healthcare, Pharmaceutical, Bio technology and Medical Device companies for their Business and IT needs. From Bioinformatics to Clinical Trials to Healthcare, TCS delivers solutions and services across varied business areas with a experienced 6000+ work force. With its proven Hospital Management System, Electronic Medical Records, Telemedicine Solution, Clinical Decision Support System, TCS enables its customers provide and manage Healthcare Anywhere Anytime. The geographically diverse healthcare client base includes Governments, Large private hospital network, Research Institutions and Hospital Trusts who collaborate with TCS in their Healthcare Technology Advancement Initiatives.

CMC Signs Agreement with Wonderware

CMC Ltd., India ’s leading IT solutions company, announced the expansion of its partner network with the signing of a Value-Added Reseller Agreement with Wonderware, part of the Operations Management Division of Invensys. This mutually-beneficial partnership will help facilitate the delivery of real-time operations management software solutions to customers.

CMC Ltd., being selected as a Value-Added Partner in India , will deliver HMI / SCADA and MES solutions built around Wonderware software products serving various vertical industries like Food & Beverage, Power, Water & Wastewater, Facilities, Transportation, Upstream Oil & Gas, Mining, Metals and others. Wonderware will work closely with CMC Ltd. to increase market presence, participate in new business development and joint marketing activities in India . Being the leading software supplier of real-time operations management software solutions, Wonderware is legendary for providing software solutions that are easy to use and for providing exceptional integration benefits. CMC Ltd. will help ensure effective delivery of Wonderware software solutions to customers.

As a leading IT solutions company in India with proven customer base, CMC Ltd. will be a valuable partner for Wonderware as this partnership seeks to expand the reach of world-class solutions to the vast India market. This partnership will enable both entities to tap each other’s expertise.

“Together with CMC Ltd., we will be able to bring world-class HMI / SCADA and MES software solutions to various verticals in India, and CMC’s ability to create virtualized solutions centered around Wonderware offerings will bring huge benefit to our mutual customers,” said Rashesh Mody, Wonderware President.

“CMC Ltd. and Wonderware will setup a Centre of Excellence in India to nurture the internationally-renowned Wonderware software solutions. This will augment CMC Ltd.’s range of solutions for all the major verticals further ensuring alignment to CMC Ltd.’s business focus and vision for the market,” said Mr.Ramanan, CEO CMC Ltd.


CMC Ltd. will act as a strategic solution partner for Wonderware. The company will be representing the complete Wonderware product range and have a key stake in offering Wonderware-based solutions to the industrial operations management marketplace in India . CMC Ltd., with their all-India presence and inroads into most of the industry verticals, is keen to address their customer's combined automation and information requirements with Wonderware software solutions. Further, Wonderware and CMC Ltd. are very keen to provide the required technology through an ecosystem of other independent system integrators.

TOP BRITISH AWARD FOR MR. S RAMADORAI

Mr. S Ramadorai, Chief Executive Officer & Managing Director, Tata Consultancy Services, has been awarded a CBE (Commander of the Order of the British Empire ) by Her Majesty Queen Elizabeth II for his contribution to Indo-British economic relations. The Award was conferred on Mr Ramadorai in Mumbai by the British Deputy High Commissioner, Western India , Mrs Vicki Treadell.

The CBE is conferred as an acknowledgement of an individual’s exceptional contribution in their field. Mr Ramadorai has been instrumental, since taking over as CEO in 1996, in transforming Tata Consultancy Services (TCS) into a US$6 billion global software company with a geographical reach across 42 countries. Under Mr Ramadorai’s leadership, TCS UK ’s estimated turnover has grown to over $1 billion, helping to create over 4200 jobs in the UK . TCS is also an instrumental player in the Tata Group’s role as the largest Indian investor in the UK . Apart from building business in the Great Britain, TCS through its services to UK clients (such as Boots, BT, British Airways, Marks & Spencer, Somerfield, P4U and United Utilities), helps British businesses to deliver certainty of outcomes. TCS also delivers a range of projects and services to a number of British Government institutions, most notably the Child Support Agency.

Commenting on the award, Mr Ramadorai said, “ United Kingdom and India share a special economic, cultural and political relationship that continues to grow and TCS is very proud to have played a role in strengthening these ties. We have been present in the UK for over a quarter of a century and it continues to be a strategic region for TCS for new opportunities and talented professionals.” He added: “I am proud to have been a part of this growth journey and I would like to thank Her Majesty’s office for this great privilege and honour."

Mr Ramadorai is one of India ’s most distinguished and decorated corporate leaders, and sits on the boards of several Indian and multinational companies. Amongst the many honours and distinctions conferred on him, Mr Ramadorai was presented, by then UK Prime Minister The Rt. Hon Tony Blair, with the UK Trade & Investment Special Recognition Award in 2005, for TCS’s contribution to India-UK economic ties. He has also played an active part in supporting activities which raise awareness of opportunities for partnerships between Indian and UK industry and academia, for example with the Oxford Said Business School ’s Oxford India Forum.

Mr Ramadorai is also a champion of Corporate Social Responsibility. In the course of his CSR interests he has supported the work of The Prince’s Trust “Seeing is Believing” programme in India to share experience and knowledge with UK companies in developing and delivering CSR initiatives and programmes.

Tata Elxsi's Visual Computing Labs nominated for India's first-ever VES Award

Tata Elxsi Ltd, today announced it has been nominated by Hollywood-based Visual Effects Society (VES) for delivering outstanding animation in “Roadside Romeo”, India ’s pioneering CGI animated theatrical contemporary entertainment movie. It has been nominated in the category of “Outstanding Animation in an Animated Motion Picture” and will compete with “Bolt” (Walt Disney Pictures), “Kung Fu Panda” (DreamWorks Animation), “Wall-E” (Disney-Pixar), and “Waltz With Bashir” (Sony Pictures Classics).


The Visual Effects Society, with more than 1,800 members in 17 countries, is the entertainment industry's only organization representing the full breadth of visual effects practitioners including artists, technologists, studio leaders, supervisors and producers in all areas of entertainment from film, television and commercials to music videos and games. The 7th Annual VES Awards will be presented on Saturday, February 21 in Los Angeles .

A co-production of Walt Disney Pictures and India ’s Yash Raj Films, “Roadside Romeo”, created by Tata Elxsi Ltd’s Visual Computing Labs (VCL) studios in Mumbai, was released globally in the Hindi language, with English subtitles, in October, 2008. Earlier this month, “Roadside Romeo” was named “Best Animated Film” at the 15th Annual Star Screen Awards in Mumbai.

“Roadside Romeo” is considered to be India ’s first purely-entertainment animated theatrical motion picture, including eight original songs and five fully-choreographed ‘Bollywood’ musical numbers. This film departs significantly from the previous crop of animation films in India , in that it is a fully 3D animation movie, and follows a classic Bollywood formula as compared to the scores of 2D animated films based on mythology. Tata Elxsi - VCL’s lead creative team on “Roadside Romeo,” individually named by the VES, includes Pankaj Khandpur - Creative Director and Head of Production, Sherry Bharda - Creative Supervisor; Shrirang Sathaye - Animation Director, and Suhael Merchant - Animation Director.


“This is indeed a proud moment for us and a great achievement for the Indian animation industry. Roadside Romeo is an innovation because it exhibits and brings together the intricate technological detailing that goes into making a detailed 3D film. Indian animation has truly come a long way and we are happy that through this movie we have been able to raise the bar on the quality of animation in India ”, said Mr. Pankaj Khandpur, Creative Director, VCL, Tata Elxsi Ltd.



Detailing the production process, Mr. Khandpur said, “Our VCL team got involved in the creative process right from the beginning. When Jugal Hansraj, the director of the movie shared with us the script, we began conceptualizing each individual character and their environments and we began to draw them, the old fashioned way, using pencil and paper. This process lasted three months. Once this stage was completed, we began storyboarding the film, illustrating each and every scene throughout the film. This was followed by the animatics’ process --- our first look at how all characters will move and interact with each other. The animation pre-production process took about 4 months, eventually overlapping the start of actual production.”


“For the full-blown production,” Mr. Khandpur further explained, “VCL had an entirely in-house crew averaging 120 artists who worked on Roadside Romeo for over 15 months. The VCL team included modelers, riggers, animators, lighters and compositors, supported by texture artists, render wranglers and a core team of technical programmers. At the peak, we had a 170 member team working on this project. We have earned this nomination though the quality of our work, and yet the production costs of Roadside Romeo was a fraction of the production costs for major Hollywood CGI animated films. ”



In addition to animating Roadside Romeo, Tata Elxsi Ltd’s VCL division --- now considered India’s preeminent motion picture visual effects studio has created special effects for many significant films in like “Rab ne Bana di Jodi, “Jodhaa Akbar, ” “Taare Zameen Par” (India’s official Entry to the Oscars), “Rang De Basanti, ” “Dhoom 2” and many more.VCL has also worked with other leading US entertainment companies including Sony Pictures Imageworks, Industrial Light and Magic (ILM), Lionsgate, Mike Young Productions, MGM, STARZ/Film Roman, and others.

Tata logo on Ferrari FI car

Building on our existing long-term relationship of over 3 years, Tata Consultancy Services has entered into a historic agreement with Ferrari for an enhanced technology and marketing partnership. As part of the deal, the Tata logo will be displayed on Ferrari FI car for the 2009 Formula One season. We will announce more details shortly. Tata Consultancy Services was the first Indian company to enter the Formula One arena in 2005 when it became the technology partner of Ferrari.

Ernst & Young Entrepreneur Of The Year Awards 2008

Mr. Anil Agarwal, Executive Chairman, Vedanta Resources, one of the leading metals & mining company, has been named the Ernst & Young Entrepreneur Of The Year 2008. Eight other successful entrepreneurs received these coveted awards across various categories at a magnificent award banquet here on Wednesday night.



This is the tenth year of these awards in India and as many as 400 of the country’s top industrialists and leading corporate personalities participated at this occasion, the only global business award program in India, which is celebrated in over 135 cities spanning across 50 countries. Mr Anil Agarwal will now represent India at the Ernst & Young World Entrepreneur of the Year Award in Monte Carlo , Monaco in May 2009.



A six-member jury comprising eminent personalities, chaired by Mr. KV Kamath, Managing Director & CEO, ICICI Bank, selected the finalists from over 291 nominations received this year, the highest since the Awards were launched in 1999.



The Lifetime Achievement Award was conferred upon Mr. PRS Oberoi, Chairman & CEO,

The Oberoi Group, who is credited with redefining architectural and design standards in luxury hospitality both in India and overseas.



The Entrepreneur Of The Year Infrastructure & Construction Award was presented to Shri. Jaiprakash Gaur, Founder Chairman, Jaypee Group, who has established the group as a diversified infrastructure conglomerate.



Mr. Gautam Thapar, Chairman & CEO, Avantha Group, credited with the transformation of Ballarpur Industries Limited was announced as the winner in the Manufacturing Category.



The Award for the Start-Up Entrepreneur Of The Year was given to Mr. Arvind Rao, CEO & Co-Founder, OnMobile Global, the leading value-added services player in the media verticals and telecom sector.



The Services Category Award was bestowed upon Mr. Rohinton Screwvala, CEO, UTV Software Communications, who has established India’s first global media conglomerate, with a presence across movie-production, broadcasting, television-content and gaming businesses



Mr. Sanjeev Bikhchandani, CEO & Managing Director & Hitesh Oberoi, Director & COO, Info Edge ( India ) were honoured with the award for Entrepreneur Of The Year – Business Transformation for revolutionizing the online recruitment in India with the launch of Naukri.com,



The award for the Manager Entrepreneur Of The Year was given to Mr. A. M. Naik, Chairman & Managing Director, Larsen & Tourbo, who is responsible for directing a transformation process that has not only sharpened the strategic focus of L&T but also helped expand its international footprint.



The Health Care & Life Sciences Award was awarded to Dr. P Namperumalsamy, Chairman, Aravind Eye Care Systems for his contribution to super-specialty ophthalmology and his pioneering work in medical and surgical treatment of diseases of retina & vitreous in India .



Says Rajiv Memani, Country Managing Partner, Ernst & Young, “all the winners are

outstanding individuals who have built exceptional enterprises. They have challenged existing business models, created markets where none existed, led innovation and also built global scale and structure.”

Bangalore is the fourth largest eCommerce Hub in the eBay Census

eBay India (www.eBay.in), India’s leading online marketplace, announced that Bangalore is the fourth largest eCommerce Hub* in the country, according to the eBay India Census. Sharat Digumarti, Head – Category Management, eBay India today unveiled the eBay Census Guide which documents the key findings and trends in buying and selling across Indians in the Top 100 eCommerce Cities and 28 States & 6 Union Territories .



India’s Top 5 eCommerce Hubs are the metro cities of Mumbai, closely followed by Delhi, Hyderabad , Bangalore & Chennai. According to the eBay India Census, Mr. Sharat Digumarti revealed:



· eCommerce has become mainstream: Over 2421 cities had online transactions in 2007. The IT Hubs of Andhra Pradesh, Kerala, Maharashtra, Tamil Nadu and Karnataka were the most wired states of India with the maximum number of towns where eCommerce originates.



· eCommerce helps bridge distribution inefficiencies: Online marketplaces like eBay help create trade between metros and class B & C cities by bridging the demand and supply gap. Over a third of all products bought by eBayers in the Hilly areas (North East, Jammu & Kashmir and Himachal Pradesh) are tech gadgets (Mobile Phones, Digital Cameras and USB Drives). While women from Metros are buying a lot of sarees, the sellers are spread across various cities & towns of India including manufacturing hubs & handicraft hubs like Devanagere (Karnataka), Chittaurgarh (Rajasthan); Lucknow, Kunnamkulam (Kerala)



· Bharat displays very different shopping behavior from India : Metro eBayers & Non-Metro eBayers have distinct product preferences. Bharat is looking for a good deal in their online shopping habits and buy more value handsets and discounted branded apparel online. Non-Metro women are buying short kurtis, skirts while Women in Metros are buying hand woven sarees and shawls.



· Traditional Handicrafts find an unlikely partner in eCommerce:
The handicraft industry in India has always been the forte of craftsmen belonging to smaller villages and towns. However, many of those sellers are now using eBay to reach out to retail buyers in top cities. Kashmiri entrepreneurs sell the most carpets across India . Jodhpuri craftsman sell the most ethnic wooden furniture.



· Women Shoppers online are balancing traditional values with more contemporary interests: Women eBayers bought the most Jewellery (Loose Diamonds and Gemstones as investments and Jewellery Sets, Rings & Pendants for daily and occasion wear) followed by Apparel, Women’s Accessories & Health & Beauty.



The eBay Census also revealed many interesting trends about the online shopping habits of Bangaloreans including:



Trend 1: Bangalore says Abracadabra

Bangalore eBayers bought the most magic tricks on eBay



Trend 2: The Garden City says yes to picnics and no to insects.

Bangalore eBayers bought the maximum picnicware & insect repellants to keep them hassle free.



Trend 3: Bangalore has a large heart

Bangaloreans bought the most charity products in India .



Trend 4: Mommy City Bangalore

Bangalore eBayers bought the most maternity wear and books on pregnancy across the country.



Trend 5: Bangaloreans have the best kept homes

Bangalore eBayers bought the most furniture and home fragrances in the country.



Trend 6: My Face is my Fortune

Bangalore eBayers bought the most face care in India .



Trend 7: Dancing to my tune

Bangalore eBayers’s top purchase was an MP3 Player.



Trend 8: Women from East and South East Bangalore are the savviest online shoppers

Bangalore City



· North and West Bangalore bought the most mobiles & gaming consoles along with maximum home décor products.



· The top buys for men from Central Bangalore were Blackberry handsets, laptop accessories, Electric shavers and Puja accessories.



· South Bangalore bought a lot of Telegu Movies and most precious and semi precious stones like diamonds, sapphire, etc. They also emerged as the Collectors hub buying the maximum British Coins, Indian Stamps and Europe Coins.



· East and South East Bangalore bought most MP3 players, USB Drives and Memory cards. Women from South East Bangalore are the most savvy when it comes to online shopping and they buy maximum Apparel, Lingerie, Rings, Pendants, Nose-pins, anklets & toe rings.



Bangalore’s Top 5 Bought & Sold

USB Drives, MP4 Players, USB MP3 Players, Value Handsets and Indian Stamps are the Top 5 purchases by eBayers in Bangalore .



Bangalore’s Entrepreneurs Top Sold Products include Computer Components, Indian Coins, World Notes, USB Drives and College Bags.



For your own copy of the eBay Census Guide with more India facts, please log onto www.eBay.in/census.



The eBay Census is the first of its kind research, designed to throw light on online buying and selling behavior amongst India . By analyzing eBay activity within the 28 Indian states, 6 Union Territories , and the Top 100 cities, eBay identified their top online buying and selling communities based on the number of transactions that have happened on the eBay India site over the year 2007.



Interesting fun facts, unusual purchases and national and local trends come to light via the eBay Census. We’ve revealed the who, what, and where of eBay India transactions. From Jammu & Kashmir to Andaman & Nicobar to Nagaland to Daman & Diu, and from Cricket Balls to Bollywood Memorabilia to iPods – we covered it all in the eBay Census. Log onto www.eBay.in/census to know how your community ranked.

Tata Consultancy Services ranked 6th in FinTech 100

Tata Consultancy Services (TCS), (BSE: TCS.BO, NSE: TCS.NI), a leading global IT services and consulting firm, announced today that American Banker and leading research firm Financial Insights, an IDC company, was ranked 6^th in the FinTech 100, an international annual listing of the top technology providers for financial institutions. According to this year’s list, TCS is the highest ranked Indian IT firm on this annual list.

TCS has also found a place among the top ten of the three sub-categories listed in the FINTECH 100 report namely Banking, Capital Markets and Insurance. The FinTech 100 is an annual, internationally recognized ranking that is categorized and evaluated based on fiscal year-end revenues and the percentage of revenue attributed to financial services. More than 40 per cent of TCS’ revenues were attributed to financial services in financial year 2007-08.

“Our steady growth and firm commitment to the global financial services industry is being recognized by the leap in our rankings” said N. Ganapathy Subramaniam, President, TCS Financial Solutions “We will continue to solve deep customer problems and enable them to accomplish their key goals in these turbulent times”.

“TCS is the only company that is consistently moved up the rankings in the last three years by demonstrating growth around the world” said Jeanne Capachin, Research Vice President, Global Banking and Insurance, Financial Insights. As financial institutions are grappling with upheavals, they are pressed for solutions that can pervade across the enterprise and TCS is best positioned to address such opportunities.”