Current Affairs Business

TCS Displaces Accenture As Largest IT Firm Servicing Banks

Category : Business

 Tata Consultancy Services (TCS) Ltd’s quarterly earnings from the financial sector have edged past that of Accenture Plc, which is nearly double its size, making company theworld’s largest pure-play information technology (IT) and consulting firm servicing megabanks and insurers. During the July-September period, TCS got $2.07 billion in business from banking, financial services and insurance, or the BFSI sector. This included $1.63 billion from work across application development and maintenance, and other traditional solution offerings, besides $445.9 million from its proprietary platforms such as TCS iON. 
Source- The Livemint


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