Infosys has come to be the gold standard in the Indian IT industry's success. From humble beginnings in 1981, the company today is the second largest exporter of software services from the country. It is known globally for its world-class management practices and work ethics. It has been making conscious and constant efforts to move up the software value chain and offers services like software development, maintenance, technology consulting, testing and package implementation. Infosys offers all these services through its highly integrated and widely acclaimed global delivery model.
TCS is the largest software company in Asia, having a wide range of offerings and catering to industries like banking and financial services, manufacturing, telecom, and retail. The company was one of the pioneers of the much-acclaimed global delivery model and has the largest employee base (238,583 at the end of FY12) in the Indian software sector. It has grown its revenue and net profit between FY07 and FY12 at average annual rates of 21% and 20% respectively.
TCS has had a dream run in the last five years. Its share price grew from Rs 250 in January 2009, when the world was still recovering from its worst financial crisis, to Rs 2,158 as of December 20, 2013. The big question around its market cap is not if it will cross $100 billion but when and what would that mean to the company. Its CEO N Chandrasekaran has been one of the most praised chief executives in the country (also winning the 2012 Forbes India Leadership Award for Best Private Sector CEO). The stock market surge is backed by the company’s performance: Its sales have grown; its profits are up; its profit margins have improved.