History

Established in 1981, Infosys is a NYSE listed global consulting and IT services company with more than 194,000 employees. From a capital of US$ 250, we have grown to become a US$ 9.50 billion (FY16 revenues) company with a market capitalization of approximately US$ 43.7 billion.
In our journey of over 30 years, we have catalyzed some of the major changes that have led to India's emergence as the global destination for software services talent. We pioneered the Global Delivery Model and became the first IT company from India to be listed on NASDAQ. Our employee stock options program created some of India's first salaried millionaires.
Read more about the defining moments in the history of infosys.

Milestones

2015

• Infosys acquired Noah Consulting LLC, a leading provider of advanced information management consulting services for the oil and gas industry.
• Board decides to increase the dividend pay-out ratio to up to 50% of post-tax profits
• Infosys acquired Skava, a Leading Provider of Digital Experience Solutions for the Retail Industry
• Infosys acquired Panaya, Inc., a leading provider of automation technology for large scale enterprise software management
• Infosys announces USD 250 million ‘Innovate in India Fund’ to support Indian start-ups

2014

• Dr. Vishal Sikka takes over as the CEO and MD from S.D. Shibulal
• Revenue crosses 50,000 crore in rupee terms
• Board decides to increase the dividend pay-out ratio to up to 40% of post-tax profits
• Cash and cash equivalents (including Available-for-sale financial assets and certificates of deposit) cross 5 billion in dollar terms

2013

• Infosys Board appoints N. R. Narayana Murthy as Executive Chairman of the Board
• Infosys begins trading on NYSE Euronext London and Paris markets
• Infosys Edge™ wins the NASSCOM Business Innovation Award for 2013
• Infosys presented with ‘2013 Environmental Tracking Carbon Ranking Leader’ award

2012

• Listed on the NYSE market
• Infosys acquires Lodestone Holding AG, a leading management consultancy based in Switzerland
• Forbes ranks Infosys among the world's most innovative companies
• Infosys among top 25 performers in Caring for Climate Initiative

2011

• N. R. Narayana Murthy hands over chairmanship to K.V. Kamath
• S.D. Shibulal, COO, takes over as the CEO and MD from Kris Gopalakrishnan
• Infosys crosses US$ 6 billion revenue mark, employee strength grows to over 125,000

2010

• Infosys crosses the US$ 5 billion revenue mark

2009

• Infosys selected as a member of The Global Dow
• Employee strength grows to over 100,000

2008

• Infosys crosses revenues of US$ $ 4 billion
• Annual net profits cross US$ 1 billion

2007

• Kris Gopalakrishnan, COO, takes over as CEO. Nandan M. Nilekani is appointed Co-Chairman of the Board of Directors
• Quarterly revenues cross US$ 1billion

2006

• Infosys celebrates 25 years. Employees grow to 50,000+
• Annual revenues double to $ 2 billion. It took 23 years to reach first billion, only 23 months to reach next billion in revenues
• N. R. Narayana Murthy retires from the services of the company on turning 60. The Board of Directors appoints him as an Additional Director. He continues as Chairman and Chief Mentor of Infosys

2005

• Records the largest international equity offering of US$ 1 billion from India
• Selected to the Global MAKE Hall of Fame

2004

• Annual Revenues reach US$ 1 billion
• Infosys Consulting Inc. is launched

2003

• Establishes subsidiaries in China and Australia
• Expands operations in Pune and China, and sets up a development center in Thiruvananthapuram

2002

• Touches revenues of US$ 500 million
• Nandan M. Nilekani takes over as CEO from N.R. Narayana Murthy, who is appointed Chairman and Chief Mentor
• Opens offices in the Netherlands, Singapore and Switzerland
• Sponsors secondary ADS offering
• Infosys and the Wharton School of the University of Pennsylvania set up The Wharton Infosys Business Transformation Awards (WIBTA)
• Launches Progeon, offering business process outsourcing services

2001

• Touches revenues of US$ 400 million. Opens offices in UAE and Argentina, and a development center in Japan
• N. R. Narayana Murthy is rated among Time Magazine/CNN's 25 most influential businessmen in the world
• Infosys is rated as the Best Employer by Business World/Hewitt

2000

• Touches revenues of US$ 200 million
• Opens offices in France and Hong Kong, a global development center in Canada and UK, and three development centers in the US
• Re-launches Banks 2000, the universal banking solution from Infosys, as Finacle™

1999

• Touches revenues of US$ 100 million. Listed on NASDAQ
• Infosys becomes the 21st company in the world to achieve a CMM Level 5 certification
• Opens offices in Germany, Sweden, Belgium, Australia, and two development centers in the US
• Infosys Business Consulting Services is launched

1998

• Starts Enterprise Solutions (packaged applications) practice

1997

• Opens an office in Toronto, Canada
• Infosys is assessed at CMM Level 4

1996

• The Infosys Foundation is established

1995

• Opens first European office in the UK and global development centers at Toronto and Mangalore. Sets up e-Business practice

1994

• Moves corporate headquarters to Electronic City, Bangalore. Opens a development center at Fremont

1993

• Introduces Employee Stock Options (ESOP) program
• Acquires ISO 9001/TickIT certification
• Goes public

1987

• Opens first international office in Boston, US

1983

• Relocates corporate headquarters to Bangalore

1981

• Infosys is established by N. R. Narayana Murthy and six engineers in Pune, India, with an initial capital of US$ 250
• Signs up its first client, Data Basics Corporation, in New York

HISTORY OF Tata Consultancy Services

Tata Consultancy Services Limited (TCS) is an Indian multinational information technology (IT) service, consulting and business solutions company headquartered in Mumbai, Maharashtra.^[4][5] It is a subsidiary of the Tata Group and operates in 46 countries.^[6] TCS is one of the largest Indian companies by market capitalization ($80 billion).^[7][8] TCS is now placed among the ‘Big 4’ most valuable IT services brands worldwide.^[9] In 2015, TCS is ranked 64th overall in the Forbes World's Most Innovative Companies ranking, making it both the highest-ranked IT services company and the first Indian company.^[10] It is the world's 10th largest IT services provider, measured by the revenues.^[11] As of December 2015, it is ranked 10th on the Fortune India 500 list.^[12]

1968 to 2000

Tata Consultancy Services Limited was founded in 1968 by a division of Tata Sons Limited.^[13] Its early contracts included punched card services to sister company TISCO (now Tata Steel), working on an Inter-Branch Reconciliation System for the Central Bank of India,^[14] and providing bureau services to Unit Trust of India.
In 1979, TCS delivered an electronic depository and trading system called SECOM for the Swiss company SIS SegaInterSettle (deutsch); it also developed System X for the Canadian Depository System and automated the Johannesburg Stock Exchange.^[15] It associated with a Swiss partner, TKS Teknosoft, which it later acquired.^[16]
In 1980, TCS established India's first dedicated software research and development centre, the Tata Research Development and Design Centre (TRDDC) in Pune.^[17] In 1985, it established India's first client-dedicated offshore development centre, set up for clients Tandem. TCS later (1993) partnered with Canada-based software factory Integrity Software Corp, which TCS later acquired.
In anticipation of the Y2K bug and the launch of a unified European currency, Euro. Tata Consultancy Services created the factory model for Y2K conversion and developed software tools which automated the conversion process and enabled third-party developer and client implementation.^[18]

2000 to present

On 25 August 2004, TCS became a publicly listed company.^[19]
In 2005, TCS became the first India-based IT services company to enter the bioinformatics market.^[20] In 2006, it designed an ERP system for the Indian Railway Catering and Tourism Corporation.^[21] By 2008, its e-business activities were generating over US$500 million in annual revenues.^{[22] [23]}
TCS entered the small and medium enterprises market for the first time in 2011, with cloud-based offerings.^[24] On the last trading day of 2011, it overtook RIL to achieve the highest market capitalisation of any India-based company.^[25] In the 2011/12 fiscal year, TCS achieved annual revenues of over US$10 billion for the first time.^[26]
In May 2013, TCS was awarded a six-year contract worth over ₹ 1100 crores to provide services to the Indian Department of Posts.^[27] In 2013, the firm moved from the 13th position to 10th position in the League of top 10 global IT services companies ^[28] and in July 2014, it became the first Indian company with over Rs 5 lakh market capitalization.^[29][30]
In Jan 2015, TCS ends RIL's 23-year run as most profitable firm^[31]

List of Indian IT companies 

This is a list of notable companies in the information technology sector based in India. Top 10 companies are listed in descending order of their market capitalization,^[1] and other companies are listed alphabetically, grouped by the cities in which they are headquartered. Certain companies have main offices in more than one city, in which case they are listed under each, but minor offices and resources are not listed. Foreign companies are only listed if they have one of their main offices in India.

Infosys Media Centre in Electronic City, Bangalore.

Wipro Floating Learning Centre in Electronic City, Bangalore.

International Tech Park, Bangalore.

Oracle Financial Services campus at Bagmane Tech Park, Bangalore

Tidel Park—one of the largest software parks in Asia—was set up on 4 July 2000 in Chennai.

Tidel Park and ELNET on Rajiv Gandhi Salai

Cognizant's original corporate headquarters in Chennai, now an offshore delivery center.

Tidel Park in Coimbatore.

Tech Mahindra Campus, HITEC City

Entrance Crystal IT Park, Indore

Tech Mahindra Center at Bahadurpally, Hyderabad

InfoPark, Kochi in Kochi

Millenium Tower in Kolkata, Salt Lake Sector-5, a major IT hub in the city.

Tata Consultancy Services campus at Lucknow

Patni Knowledge Park, Airoli, Navi Mumbai

Infosys has the largest corporate university in the world, located on its Mysore campus.

HCL Technologies Noida SEZ campus.

Nila, one of the first buildings in Technopark, Trivandrum, the largest IT park in India^[2]

Fulcrum Worldwide’s software delivery centre in Pune.

Top 10 companies

Name	Headquarters	City
Tata Consultancy Services	Mumbai	Ahmedabad
		Bangalore
		Bhubaneswar
		Chennai
		Coimbatore
		Delhi
		Gandhinagar
		Gurgaon
		Guwahati
		Hyderabad
		Indore
		Kochi
		Kolkata
		Lucknow
		Patna
		Mumbai[3]
		Noida
		Pune
		Trivandrum
		Vadodara
Infosys	Bangalore	Bangalore
		Bhubaneswar
		Chandigarh
		Chennai
		Delhi
		Hyderabad
		Indore
		Jaipur
		Mangalore
		Mysore
		Pune
		Trivandrum
Wipro	Bangalore	Ahmedabad
		Bangalore
		Bhubaneswar
		Chennai
		Coimbatore
		Gurgaon
		Guwahati
		Hyderabad
		Indore
		Jaipur
		Kochi[4]
		Kolkata
		Mumbai
		Mysore
		Noida
		Pune
		Visakhapatnam
HCL Technologies	Noida	Bangalore
		Chennai
		Gurgaon
		Hyderabad
		Kochi[5]
		Kolkata
		Mumbai
		Noida
		Pune
Tech Mahindra	Pune	Ahmedabad
		Bangalore
		Bhubaneswar
		Chandigarh
		Chennai
		Gandhinagar
		Gurgaon
		Hyderabad
		Kolkata
		Mumbai
		Noida
		Pune
		Visakhapatnam
Oracle Financial Services Software	Mumbai	Bangalore
		Chennai
		Hyderabad
		Mumbai
		Pune
		Surat
Mindtree	Bangalore	Bangalore
		Bhubaneswar
		Chennai
		Hyderabad
		Mumbai
		Noida
		Pune
Mphasis	Bangalore	Bangalore
		Chennai
		Mangalore
		Mumbai
		Pune
Hexaware Technologies	Navi Mumbai	Bangalore
		Chennai
		Mumbai
		Pune
Tata Elxsi	Bangalore	Bangalore
		Pune
		Trivandrum

History of Indian IT Sector

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Information technology in India is an industry consisting of two major components: IT services and business process outsourcing (BPO). The sector has increased its contribution to India's GDP from 1.2% in 1998 to 7.5% in 2012.According to NASSCOM, the sector aggregated revenues of US$147 billion in 2015, where export revenue stood at US$99 billion and domestic at US$48 billion, growing by over 13%.India's prime minister Narendra Modi has started 'Digital India' project to give IT a secured position inside & outside India.

Information technology is playing an important role in India today and has transformed India's image from a slow moving bureaucratic economy to a land of innovative entrepreneurs.

The IT sector in India is generating 2.5 million direct employments. India is now one of the biggest IT capitals of the modern world and all the major players in the world IT sector are present in the country

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Bangalore is considered to be the Silicon Valley of India because it is the leading IT exporter.Exports dominate the industry and constitute about 77% of the total industry revenue. However, the domestic market is also significant with a robust revenue growth.The industry’s share of total Indian exports (merchandise plus services) increased from less than 4% in FY1998 to about 25% in FY2012. According to Gartner, the "Top Five Indian IT Services Providers" are Tata Consultancy Services, Infosys, Cognizant, Wipro , and HCL Technologies

Regulated VSAT links became visible in 1994.Desai (2006) describes the steps taken to relax regulations on linking in 1991In 1991 the Department of Electronics broke this impasse, creating a corporation called Software Technology Parks of India (STPI) that, being owned by the government, could provide VSAT communications without breaching its monopoly

STPI set up software technology parks in different cities, each of which provided satellite links to be used by firms; the local link was a wireless radio link. In 1993 the government began to allow individual companies their own dedicated links, which allowed work done in India to be transmitted abroad directly. Indian firms soon convinced their American customers that a satellite link was as reliable as a team of programmers working in the clients’ office.

Videsh Sanchar Nigam Limited (VSNL) introduced Gateway Electronic Mail Service in 1991, the 64 kbit/s leased line service in 1992, and commercial Internet access on a visible scale in 1992. Election results were displayed via National Informatics Centre's NICNET

Technopark is a technology park in Thiruvananthapuram, Kerala, India. It is the largest information technology park in India in terms of built up area.^[1]The park is dedicated to IT ventures. Launched in 1990, Technopark as of 2015 has 9.33 million square feet of built-up area, and is home to over 350 companies, employing nearly 50,000 professionals. Technopark is currently on an expansion mode by adding another 37 hectares as part of Phase III expansion and 423 acres as Technocity—an integrated IT township near Pallippuram. The policy of economic liberalisation initiated by the government of India in 1991 and the rapid growth of the global software industry during the 1990s substantially contributed to its growth. During the global financial crisis of 2007–2010, the park saw a period of reduced growth in 2009-10, where the exports recorded was only 2.8% more than the previous year.^[2][3] As of 2014, Technopark accounts for about 55% of IT exports from Kerala.^[2][3][4]

The units in Technopark include domestic firms, joint ventures and subsidiaries of foreign companies engaged in a wide variety of activities, which include embedded software development, smart card technology, enterprise resource planning (ERP), process control software design, engineering and computer-aided design software development, IT Enabled Services (ITES), process re-engineering, animation and e-business. Technopark is owned and administered by the Government of Kerala and is headed by a chief executive officer. In addition to this, it has a Governing Council and a Project Implementation Board, both of which include top officials of the government.^[5] Administrative offices, including that of the CEO, are housed in the Park Centre building. Technopark also hosts a Technology Business Incubation Cell under Kerala Startup Mission.

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