Top 10 software companies in India

1 Tata Consultancy Services TCS Founded in 1968, TCS is one of India's largest corporate  houses It is also India's largest IT employer with a staff  strength of 174,417 (As on 30 September 2010) employees .The company began as a division of the Tata Group,  called the Tata Computer Centre.Its main business was to offer computer services to other group companies. Soon the company was spun off as Tata Consultancy Services after it realised the huge potential of the booming  IT services.The company has remarkable figures in terms of it's  Revenue 30,028.92 crore (US$ 6.82 billion)(2010) Operating income 8,305.73 crore (US$ 1.89 billion)(2010) Profit 5,618 crore (US$ 1.28 billion)[1](2010) Total assets  $6.112 billion (2010) S. Ramadorai, is the chief executive officer and managing director of TCS. TCS is IDC-Dataquest IT best employer in IT services in 2007. TCS also topped DataQuest DQTop 20 list of IT service providers in 2007. 2. Wipro                               What started off as a hydrogenated cooking fat company, Wipro is today is a $5 billion revenue generating  IT, BPO and R&D services organisation with presence in over 50 countries. Premji started Wipro with the 'idea of building an organisation which was deeply committed to values,  in the firm belief that success in business would be its inevitable, eventual outcome'. The company has over 115,900 (September 2010) employees. Revenue  $6.03 billion (March 2010)[1] Operating income  6,268.40 crore (US$ 1.42 billion)(March 2010)[1] Profit  $1.02 billion (March 2010)[1] Total assets  $7.498 billion (March 2010)[1] Wipro was the only Indian company to be ranked among the top 10 global outsourcing providers in IAOP's 2006 Global  Outsourcing100 listing. Wipro has also won the International Institute for Software Testing's Software Testing Best Practice Award. 3. Infosys                                 Infosys Technologies Ltd was started in 1981 by seven people with $250. Today, the company boasts of revenues of over $ 4 billion and 94,379 employees. Under the leadership of N R Narayana Murthy, the company has become a global brand. The company is now headed  by Kris Gopalakrishnan. The income for the quarter ended June 30 2008 was Rs 4,854 crore (Rs 48.54 billion).  The net profit stood at Rs 1,302 crore (Rs 13.02 billion). Revenue  21,140 crore (US$ 4.8 billion)(31st March, 2010)[1] Operating income  7,472 crore (US$ 1.7 billion)(2010)[1] Profit 5,803 crore (US$ 1.32 billion)(2010)[1] Total assets  $6.150 billion (2010)[2] Forbes magazine named Infosys in its list of Global High Performers. Waters magazine rated Infosys as the Best Outsourcing  Partner. The Banker magazine conferred two Banker Technology Awards on Infosys to acclaim its work in wholesale  and capital markets in two categories - Payments and Treasury Services, and Offshoring and Outsourcing. The International Association of Outsourcing Professionals (IAOP) ranked Infosys at No. 3 in its '2008 Global Outsourcing 100'. 4. HCL Technologies                          HCL is a leading global it company headquartered in noida, India and led by its CEO Vineet Nayar It is the IT services arm of HCL, a US$5 billion global Technology and IT Enterprise.The HCL Enterprise comprises two companies listed in India,HCL Technologies and HCL Infosystems. Founded in 1976, HCL is one of 'India's original IT garage start ups'. The HCL team comprises 71,000 (2010) professionals of diverse nationalities, operating across 18 countries. At a time when India had a total of 250 computers, Shiv Nadar led a young team which passionately believed in the growth of the IT industry 5. Tech Mahindra Tech Mahindra was incorporated as a joint venture between Mahindra & Mahindra and BT plc in 1986 under the  name of 'Mahindra-British Telecom'. Later, the name was changed to 'Tech Mahindra', in order to reflect the diversification and growth of the client base  and service offerings. The company was incorporated in 1986. Tech Mahindra is a global systems integrator and  business transformation consulting firm focused on the communications industry. At the helm of the fast expanding  organisation is Vineet Nayyar. In a career spanning over 40 years, he has worked with the government, international multilateral agencies and  the corporate sector.with employee strength of 35,200 (2010) Revenue  $984.9 million (2009)[1] Total assets  $560.6 million (2009 6. Patni Computer Systems Patni Computer Systems Ltd one of the leading global providers of information technology services and business  solutions. The company has clients across the Americas, Europe and Asia-Pacific locations. The company has serviced more than 400 Fortune 1000 companies, for over two decades.  Patni Computer Systems Limited was incorporated on 10 February 1978 under the Companies Act, 1956.  On 18 September 2003, the Company converted itself from a private limited company into a public limited company. The company headed founded by Narendra K Patni by has a staff strength of over 15000 (As on May 20090 professionals. On 18 December 2008, the company announced the appointment of Mr. Jeya Kumar as Chief Executive Officer Jeya Kumar, who joined Patni in Feb 2009, was hired by Naren Patni after 2 years of global search to find the  ‘right man’ for the job. Revenue  3,164.75 crore (US$ 718.4 million)(2010) Net income  586.61 crore (US$ 133.16 million)(2010) 7. i-flex Solutions iflex started as a division of Citicorp (now Citigroup),  wholly owned subsidiary called Citicorp Overseas  Software Ltd.  (COSL) in 1991. Later, a separate company Citicorp  Information Technologies Industries Ltd. (CITIL)  was formed  and Rajesh Hukku was appointed as its head. CITIL started off with the universal banking product,  MicroBanker which became very successful.  In the mid-90s, CITIL developed Flexcube at its Bangalore  development centre. After the launch of Flexcube,  all of CITIL's transactional banking products were  brought under a common brand umbrella. CITIL changed its name to i-flex solutions to  reflect its growing independence from Citicorp and to strengthen its Flexcube brand. In 2006, i-flex became a majority-owned subsidiary of Oracle Corporation i-flex posted a top line growth  of 8 per cent QoQ with revenue for the quarter ended March 31, 2008 at Rs 672 crore (Rs 6.72 billion)  as compared to Rs 601 crore (Rs 6.01 billion) for the corresponding quarter during the previous year representing  a 12 per cent YoY growth. 8. MphasiS MphasiS Limited was formed in June 2000 after the merger of the US-based IT  consulting company MphasiS  Corporation (founded in 1998) and the Indian IT services company BFL Software  Limited (founded in 1993). Jeya Kumar is CEO of MphasiS, which has a staff strength of 38,000 employees  as of 2010 For the year ended 31 March 2008, the MphasiS Group recorded revenues of Rs 2,423 crore  (Rs 24.23 billion),  growth of Rs 662 crore, which is 38 per cent over the previous year. 9. L&T Infotech L&T Infotech is a global IT services and solutions provider. It is a subsidiary company of is Larsen & Toubro Ltd. (L&T),  an engineering, manufacturing and construction conglomerate, with global operations. A M Naik is the chairman of the company. Originally founded as L&T Information Technology Ltd (LTITL), a wholly-owned  subsidiary of Larsen & Toubro Ltd (L&T), the company changed its name to L&T Infotech on 1st April, 1997. In 2004 , it tied up with Fidelity Information Services, a division of Fidelity National Financial to provide banking solutions for the  Indian banking industry. In 2007-08, L&T had recorded revenues of Rs 29,600 crore (Rs 296 billion) with an employee  strength of 11,500