EngiGuide

Here is another very useful list that I have compiled together for the readers of this blog, especially the ones who seek admissions to engineering colleges in India. The list is of the top 100 engineering colleges in India. These rankings are as of early 2007 and had appeared in Outlook India.

• IC: Intellectual Capital
• I&F: Infrastructure and Facilities
• PS: Pedagogic systems (the art or science of teaching; instructional methods)
• II: Industry Interface
• P: Placements
• T: Total

Indian Business Schools (B-Schools) such as the IIM’s (Indian Institute of Management) at Ahmedabad, Bangalore, Calcutta, XLRI are world famous for the quality of students it churns out year on year. IIMs have historically the highest number of students who become enterpreneurs in their professional life. The demand for these B-School students has consistently grown over a period of last few years.
Here is a list that I thought would be beneficial to the readers who are interested in B-Schools in India. I am also planning to put together a list of Top Engineering colleges too. I have searched the Internet and have not found a comprehensive list of. India has atleast got 100 good engineering colleges. Look out for that list in near future on this blog.

These are the schools that are generally regarded as the top B-Schools in India: (The list given below is in no particular order)

Here is the list of Top business management schools in India:

1. Indian Institute of Management, Ahmedabad (IIM A)

Regarded to be the best of the best business schools in India, IIM Ahmedabad. offers four programmes in Management. The PGP – Post Graduate Program (equivalent to MBA), the FPM – Fellowship Program in Management(equivalent to Ph.D), the FDP – Faculty Development Program for Management teachers and Trainers and the MDP – Management Development Program – a refresher for middle and top level managers.

2. Indian Institute of Management, Calcutta (IIM C)

The oldest of the IIMs, established in Kolkatta, IIM Calcutta is amongst the top three B schools in India. The institute offers three full time programs. The PGDM – Post Graduate Program in Management (equivalent to MBA), the FPM – Fellowship Program in Management, the PGDCM – Post Graduate Diploma in Computer Aided Management. The institute also offer part time PGDBM – Post Graduate Diploma in Business Management for managers with relevant work experience. In addition, MDP – Management Development Programs are held in regular intervals for middle and top level managers.

3. Indian Institute of Management, Bangalore (IIM B)

IIM Bangalore offers two year full time PGP – Post Graduate Program in Management (equivalent to MBA) and a FPM – Fellowship Program in Management. Both these programs require the candidate to take CAT. The institute also offers part time non residential PGSM – Post Graduate Program in Software Enterprise Management. There is a separate entrance test for this program. This business school is ranked amongst the top three business schools in the country.

4. Indian Institute of Management, Lucknow (IIM L)

IIM Lucknow offers a two year full time residential PGP – Post Graduate Program in Management and a four year FPM program. Both these programs require a candidate to take CAT. The institute also has an interesting student exchange program where students of this B-School go to premier B-Schools the world over and do part of their education. Students and faculty from these internationally reputed B-Schools in turn visit IIM Lucknow. It is ranked amongst the top five B-Schools in India.

5. XLRI – Xavier Labour Research Institute, Jamshedpur

Xavier Labour Research Institute, popularly known as XLRI was established in 1949 at Jamshedpur. The institute offers two courses at the post graduation level in management – a post graduate diploma in Business administration and a post graduate diploma in Personnel Management and Industrial Relations (PMIR). Online version of the brochure is also available.

6. ISB – Indian School of Business, Hyderabad

Indian School of Business, Hyderabad is emerging as a preferred choice for MBA aspirants who want to pack in the program into a one year course. As it gradually builds up its permanent faculty base, the ISB has created a unique and sustainable visiting faculty model with some of the world’s leading academicians from Wharton, Kellogg, Harvard, Stanford, Chicago, Duke and Texas among others. The school offers a one year Post Graduate Program in Management.

7. FMS – Faculty of Management Studies, University of Delhi

FMS is amongst the top 10 B-Schools in the country and probably one of the two attached to a university amongst the top ten. The full time program of FMS started in 1967. Generally the demand for students is very high where most of the times students being placed within a day or two.

8. Indian Institute of Management, Indore (IIM I)

The Indian Institute of Management, Indore (IIMI) is the latest addition to the IIM community. IIMI has a two-year post graduate programme emphasizing on Experiential learning, IT orientation, and Social Sensitivity. IIM-I offers the following programs viz., (a) The Post Graduate Programme (PGP), a two year programme (b) Management Development Programme. These are held throughout the year. (c) Faculty Development Programme (FDP) is designed to assist in the development of teachers, researchers, and trainers for management education and (d) Executive Post-Graduate Programme (Exe-PGP) a 18-months programme, designed for working executives.

9. Indian Institute of Management, Calicut (IIM K – Kozhikode)

Established in 1996, The Indian Institute of Management Kozhikode, IIMK is the fifth Indian Institute of Management. Its academic programmes encompass a range of long term full time diploma programmes such as the Post Graduate Programme in Management, and a number of short duration executive education programmes. The institute also offers an “Interactive Distance Learning Programme”

10. Jamnalal Bajaj Institute of Management Studies, Mumbai (JBIMS)

The Jamnalal Bajaj Institute of Management Studies, (JBIMS) was established by the University of Bombay in 1965 in collaboration with the Graduate School of Business, Stanford University with the objective of pioneering and furthering post – graduate management education in India.JBIMS has been ranked in Asia’s Top 25 business schools by Asia Inc.

11. S. P. Jain Institute of Management Studies, Mumbai (SPJIMR)

The Institute’s PGDM programme amongst the best in the country offers the following specialisation in the second year (fourth and fifth trimester). Finance Management, Marketing Management, Information Management and Manufacturing & Operations Management. Core subjects normally focus on the basic aspects relating to a particular area of specialisation.In addition, each participant can take courses from another specialization as a ‘Minor Specialization’.

12. Shailesh J. Mehta School of Management, IIT Mumbai (Bombay)

The school commenced its operations in 1995 and has been awarding a full time two year masters degree, a doctoral program in management and Executive Education programs in management. One unique feature of the program is that apart from the regular courses onFinance, Accounting, Operations and HR, SJM SOM prepares for technology management with core courses like Technology Policy, R&D Management and Managing technology transfer. To secure an admission, you need to take JMET, the Joint Management Entrance Test.

13. Management Development Institute, Gurgaon (MDI)

Amongst the top management institutes in India, MDI offers a two year Post Graduate Program in Management. The curriculum is spread over six terms of about three months each. The core curriculum is spread over four terms with the bulk of it covered in the first three terms. MDI has student exchange arrangements with Aarus School of Business, Denmark, CBPA, USA; Copenhagen Business School, Denmark; EDHEC, France; ESCP-EAP and Sciences Po, France; Leipzig Graduate School of Management, Germany; McGill University, Canada; Norwegian School of Management, Norway; Queensland University of Technology, Bangkok; Solvay Business School, Belgium; Universita Carlo Cattaneo (LIUC), Itlay and Warsaw School of Economics, Poland.

14. Narsee Monjee Institute of Management Studies, Mumbai (NMIMS)

NMIMS offers a two-year full-time programme, spread over six trimesters and leading to the degree in Master of Business Administration. Number of seats: 240. Students are admitted to the programme if they meet the required standards of the two stage selection process – Stage I: A written admission test; Stage II: Candidates who qualify at stage 1 will be required to appear for the second stage of selection process like the Group Discussion and Personal Interview.

15. Xavier Institute of Management, Bhubaneswar (XIM B)

XIM Bhuvaneswar, offers the following courses: Post Graduate Programme in Management, Executive Post Graduate Programme in Management, Post Graduate Programme in Rural Management and Fellow Programme Management. The PGP in Management is the flagship programme of the Institute. The courses impart a generalist perspective, in addition to training the students in technical and functional business skills such as accounting, finance, marketing and production.

16. Symbiosis Institute of Business Management, Pune (SIBM)

SIBM, Pune offers a Master’s Degree in Business Administration – MBA Dual Specialization. Specializations include Marketing, Finance, Human Resource, Manufacturing, and Materials & Logistics Management. A total of 120 students shall be selected for this course.

17. Symbiosis Center for Management & Human Resources Development, Pune (SCMHRD)

Please click on above link to visit the Business School site to get more information

18. Institute of Management & Technology, Ghaziabad (IMT)

Please click on above link to visit the Business School site to get more information

19. International Management Institute, Delhi (IMI)

Please click on above link to visit the Business School site to get more information

20. Bharathidasan Institute of Management, Trichy (BIM)

Please click on above link to visit the Business School site to get more information

21. Mudra Institute of Communications, Ahmedabad (MICA)

Please click on above link to visit the Business School site to get more information

22. Indian Institute of Foreign Trade, Delhi (IIFT)

Please click on above link to visit the Business School site to get more information

23. T. A. Pai Management Institute, Manipal (TAPMI)

Please click on above link to visit the Business School site to get more information

24. Loyola Institute of Business Administration, Chennai (LIBA)

Please click on above link to visit the Business School site to get more information

25. Institute of Management Development Research, Pune (IMDR)

Please click on above link to visit the Business School site to get more information

If you had Infosys Technologies on your mind, you are right!

According to the survey conducted by Wall Street Journal on Top 200 most admired companies in Asia, Infosys Technologies has been named the most Admired company in India.

Here is a run down on the most admired Indian Companies:

Top 10 Most admired companies in India

1. Infosys Technologies (Annual Sales of over $4 billion)
2. Tata Consultancy Services (largest Indian Outsourcer by Sales)
3. Bharti Airtel (In mergers talks with MTN Group)
4. Larsen & Toubro (in deal to build nuclear reactors)
5. Wipro (Global workforce of close to 100k)
6. Tata Steel (Manufacturing units in 27 countries)
7. Hindustan Lever (has more than 400 brands)
8. HDFC Bank (Incorporated in 1994)
9. State Bank of India (planning to add 1000 branches) 
10. ITC (Wide-range Conglomerate)

Infosys Technologies is adjudged as the most admired company in India followed by TCS and Bharti Airtel in 2 and 3rd position respectively.

The ranking has broadly taken 5 different aspects into consideration.

• Financial Reputation
• Corporate Reputation
• Quality
• Innovation
• Vision

Following are the individual ranking of various parameters:

Fiancial Reputation

With the biggest reserves and deposits than any other bank in India, SBI takes the numero Uno position when it comes to Financial Reputation. Reliance Industries, followed by HDFC bank complete the top 3 positions.

Corporate Reputation

Infosys Technologies known for its exemplary Governance and transparency in corporate dealing comes at top followed by 2 Tata companies, TCS and Tata Steel

Quality

Again with excellent quality of Software deliveries, Infosys takes the top position, followed by L&T and Bharti Airtel.

Innovation

Now this is a big surprise to me, TCS takes in the top position in Innovation. I always related TCS as a Volume player without much innovation, but I seem to be completely wrong here.

Infact, TCS is the most admired company for innovation, followed by Bharti Airtel and Infosys Technologies

Vision

With visionaries like Narayan Murthy and Nandan Nilekani at the helm, Infosys Technologies had to take the top position when it comes to vision. Tata Steel surprisingly (at least for me) comes at 2nd followed by Reliance Industries.

A programmer always tries to learn as much as programing language he/she can . There are some must known programming languages like C , Java , html etc . It does not mean that these are the only languages on which every programmer or coder would depend . If one would think out of the box, there are several programming languages that have proved themselves capable to solve the common problems in programming . why shouldn’t programmers opt for newer languages to adopt new and various other features which the dominant languages do not offer? let’s take a look at some of the niche languages , learning them could boost your career .

1. JAVA SCRIPT
Every browser downloads the code and recompiles it every time someone loads a Web page. The increasing dominance of AJAX-savvy Web pages, JavaScript is rarely thought of as a language that runs on the big iron.

2. PHP
PHP is one of the most powerful scripting language .It provides web developers with a full suite of tools for building dynamic websites . Popular websites like facebook are built on it .

3. PYTHON
Now when organizations are in plans to shift their applications to the cloud, Python could be the niche language they were longing for. Python has the kind of structure that is easily scalable in the cloud. Python is supposed to be the most preferred programming language for two kinds of people-one who hate using brackets and those who hate scientists. Brackets helped in the creation of Python by building a version of Perl, that is easier to read as it does not involve many opening and closing of brackets.This language never offered any data structures or elements explicitly tuned to meet the needs of scientists.

4. RUBY
Like Python, Ruby is another promising tool often pushed to the margin despite many arguing about Ruby and Python not being niche languages.Ruby is becoming popular for prototyping.Its entrance was marked with the Web 2.0 explosion and during this time many websites experimented on Ruby. Ruby on Rails sites are devoted to cataloging data that can be stored in tables. Well-known examples include Web applications like Basecamp, Backcamp, and Campfire from 37Signals, a collection of websites that knits together group discussions, debates, and schedules.

5. MATLAB
Due to the large volumes of data which the organizations need to analyze, Matlab which has been built for mathematicians to solve systems of linear equations, has found rising interest in the enterprise . Many of the more sophisticated statistical techniques that match people with advertisements, songs, or Web pages depend upon the power of algorithms like those solved by Matlab.

Having an idyllic career is a dream for all. For those, who are standing on the threshold of stepping into the corporate world and the ones in it, facing peer pressure to perform, a need arises to plan a career..!
You need to figure out what you want to do and find out more about what sort of training, education, and skills you will need to accomplish your career goal. Assess your skills and interests. Think vigorously about what you enjoy, what you are good at, what kind of personality you are and the values you hold.
he vital issue is to know what you actually want. For this you need to answer questions like:

• What kind of a company are you willing to work in?
• Which work culture will facilitate you to perform?
• The kind of people you want to work with? Do you want their conduct to be formal or you want to work in an exuberant environment?
• Work profile you desire? Do you aspire to be a leader or a follower? The roles and responsibilities you wish to take?
• What kind of benefits and reimbursements you want from the company?
• How strong is your emotional quotient for some not so sought-after work situations?

Answers to these questions will lead to a picture of what kind of a career you aspire for..

We all have some anticipations for our work environment. Some segments are needed to be made of our expectations on the bases of- Must Have, Don’t Want, Delightful and Entertaining wishes.

• We must have guidelines to decide which company to work with. This shall also comprise of the decision that you want to work in the same city or you can and are willing to move out of it.
• The kind of work you want to do. The designation or post you want to work at. This depends entirely on your competence in terms of your educational qualification and past experience.
• You must consider the Culture and people of the work place. We can’t amend these factors, but can choose not to work in a place where it’s not comfortable.
• The other benefits, facilities like health insurance, working hours, working from home, vacations etc. that are available, you wish for and the ones that are vital.
• Emotional analyses of one’s own self is a must! It will give you an insight to your short falls and will assist you in improvement.
• Also take into consideration what kind of fun you prefer in a work place or you just want to work and return to home! Be sure of what you decide as the second option can lead to boredom, tediousness and depression.

Finally we can say that to develop a successful career plan for yourself you need to:

1. Analyze and evaluate your interests, skills, capabilities, qualifications, and experiences if any.

2. If required, have a coach or a career counselor to objectively assess your natural talents, skills and professional strength. Compare your skills and interests with the occupations you’ve selected. The career that matches your skills, interests and personality to the closest may be the career for you.

3. Set career goals after deciding what occupation matches you. Plan yourself to meet the goals. Learn about job hunting tips as you prepare to graduate or move into the job market. Use an approach that meets your needs.

4. Create a high profile resume i.e a resume that is a strong sales tool to represent you.

5. Grab information on Industry Trends and specific companies you want to work with. Do necessary market research and company research.

6. Develop sophisticated networking capabilities.

7. Develop winning interview skills.

8. Prepare yourself for salary negotiations.

9. Use marketing techniques to get a competitive edge.

Building an ideal career is similar to building your home, with your own architecture that suits your requirements. So analyse yourself finely and choose the most conducive career or the field that complements you more than any other.

Blending learning is more interesting that combine various formats of learning programs to achieve the single final goal. Usually online programs are merged with class room learning for a quick elaboration of a subject in detail with different source of information brought together at a single place.  It also includes materials of learning that comprises varied forms that are effectively made to use.

What is blended learning?

Blending learning shows variation in the learning format and also with the place of learning that gives a quick observative type of e-learning. Traditional class room learning included various teaching methodologies to give the students different experience with the learning activities that includes class room, virtual classroom, shifting to places to make the concept registered quicker with image recognizance and learning programs.

Advantages of blending learning

Blending learning has its own track of teaching field that makes the learning effective and lively creating more interest and involvement. Blending learning has marked its name in the instructional designing for variety of reasons and curriculum. Curricular advantages include self-paced, distance, instructed classroom delivery more easy and improves the strand of instruction. Advantages of blended learning are more suitable for self interested and enthusiastic people who go crazy about learning new stuff.

Experiencing difference of learning with varied learning tools, diversity of approaches and balance over different source of learning methodologies, comfortable training when required, concentration over the learning activity is more specific and focused as long as we keep committed to the technique of learning. Learning classes can be scheduled as per our plan or professional and personal works, reducing travel and more cost spent with materials.

Disadvantages of blended learning

As we came across various merits we also have certain disadvantages of blended learning in the process. Poor learning habits and lack of interest to initiate learning is one of the most common drawback among some learners. Lack of motivation and self initiation, slow or unreliable internet connectivity, instructors unavailable on demand are some of the drawbacks. Maintenance of the software, more referential stuff on material sources creates frustration with lack of familiarity with the structure and routine to get along with the streams of learning.

Understanding the important of the blended e-learning process helps to make more achievements over learning with the available source of learning. Online courses are generally flexible and more convenient to learn. You can possess educational helps from experts and professionals from different field at one single place of e-learning assistance.

If you are looking for some money spinning and productive career opportunities then IT is one of the most popular fields. Tech jobs have completely revolutionized the career front for all the young people who have a creative urge and knack of technical knowledge. Communication facilities, entertainment media, and information technology are three of the crucial facets of present day working scenario.

The recruitment of the technological team invigorates modern society to run efficiently and effectively.This provides the developers of the technology as well as the supporting staff enhanced work opportunities and career prognosis.

Some time ago it was fore-said by the analysts seeing the declining I.T stocks that technological degrees wont remain important now on and techies wont be able to fetch good jobs with handsome salaries they could not have been more incorrect then.

Now for the techies who want to know the latest ratings provided by the govt. unfolding the top 10 varieties of the tech jobs then they are as stated follows:-

1.The very first job is for the designation of information systems manager. The responsibility of this manager is to determine the overall technological strategies.With the combination of computers training with business intelligence, the managers take various decisions regarding desktop tools, bandwidth, and servers for the corporation.

2. Database Administrator. These administrators work is to assure the accessibility and security of the information for various customers and the employees. Various degree programs in computer science foster only the basic skills of a database administrator. For being a successful DBA u need to instigate continuous training and stay up to date about recent products their upgrades etc.

3. Operating System Developer. Operating systems have of late popped in various devices besides computers as well. Now the various manufacturers of cars, mobile phones, and refrigerators are relying heavily on the skilled technology graduates.

4. Application developers. The application developers work for large corporations that are involved in the development of spreadsheet tools, word processors, and various other software tools.  They design the basic applications for your gadgets like computers, mobiles etc.

5. Computer systems analyst. They usually dig deep in the types of tools that the corporation uses to solve the challenges of computing working with the managers of the information systems.

6. Computer systems designer. Various designers focus exclusively on the particular section or the single function of large software project. for developing a software it is divided into modules and various computer system designers are hired for developing each functionality.

7. Data processing specialist. Various administrators and mangers provide a platform for the data of their corporation where as the team of the data processing specialists provides assurance for data€™ being accurate. In huge corporations these specialists make use of their degrees and knowledge for handling highly complex tasks and data.

8. Web hosting technician. Folks and companies rely heavily on promoting their sites, applications, and photo libraries to meet their needs Web hosting companies stalk for expert professionals, with appropriate training in computers for client servicing.

9. Computer support specialist. Computer support specialist help people use computers. They solve their problems figuring out what went wrong. they also work on free lancer basis or in companies to solve problems of their customers.

10. Desktop publisher. big companies rely on their staff who have appropriate IT training for producing internal documents such as manuals and other reports. Desktop publishers are hired for this work and paid heavily.

So techies now Google around the listed jobs and select the job best suitable for you..

Hi guys today i am going to post some thing useful for IT/COM people, Top 10 IT companies in india.

1. Tata Consultancy Services (TCS)

S Ramadorai

The Indian software industry is set to keep up its growth rate despite the slowdown in the economy. The National Association of Software and Services Companies (Nasscom) has forecast a strong outlook for FY08-09 strong with software and services revenue seen growing by 21-24 per cent. The software and services exports are set to hit the $50 billion-mark.The software and services exports segment grew by 29 per cent (in USD) to register revenues of $40.4 billion in FY07-08, up from $31.4 billion in FY06-07. The domestic segment grew by 26 per cent (in INR) to register revenues of $ 11.6 billion in FY07-08. According to the latest Nasscom rankings, Tata Consultancy Services Ltd., Infosys Technologies Ltd. and Wipro Technologies Ltd are the top 3 revenue generators in India. Check out the top ten players in the Indian IT industry.
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 111,000 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 posted a consolidated net profit of Rs 1,290.61 crore (Rs 12.90 billion) for the first quarter ended June 30, 2008, an increase of 7.3 per cent compared to the year-ago period.

Its annual sales worldwide stands at $5.7 billion for the fiscal year ending March 2008. During the year 2007-08,

TCS’ consolidated revenues grew by 22 per cent to Rs 22,863 crore ($5.7 billion). 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

Azim Premji

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 72,000 employees.

Wipro’s revenues grew by 33 per cent to Rs 19,957 crore (Rs 200 billion) for the year ended March 31, 2008. The net profit grew by 12 per cent to Rs. 3,283 crore (Rs. 32.83 billion). The revenues of the combined IT businesses was $4.3 billion with 43 per cent YoY growth.

Wipro was the only Indian company to be ranked among the top 10 global outsourcing providers in IAOP’s 2006 Global Outsourcing 100 listing. Wipro has also won the International Institute for Software Testing’s Software Testing Best Practice Award.

3. Infosys

N.R.Narayana Murthy

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).

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. Tech Mahindra

Managing Director of Mahindra & Mahindra Anand Mahindra during a press conference to launch the Tech Mahindra foundation in Mumbai.

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. Tech Mahindra’s net profit rose 8.57 per cent to Rs 196.4 crore (Rs 1.96 billion) on 6.09 per cent growth in net sale to Rs 911.6 crore (Rs 9.11 billion) in Q3 December 2007 over Q2 September 2007.

5. 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).

6. HCL Technologies

Chairman and CEO of HCL Infosystems Ajai Chowdhry

HCL is a leading global technology player with annual revenues of $4.9 billion. 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 53,000 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.

Three decades later, he succeeded in creating a $ 4.9 billion global enterprise. The company has reported consolidated revenue of Rs 3017.5 crore (Rs 30.17 billion) during the quarter ended March 31, 2008. The profit after tax stood at Rs. 81.5 crore (Rs 815 million).

7. Patni Computer Systems

Model of a software park in Chennai.

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 14,000 professionals. The revenues for the quarter ended March 2008 stood at $ 176.4 million (Rs. 7,061.2 million) up 13.1% YoY from $ 156.0 million (Rs. 6,724.1 million). The net income for the quarter at US$ 18.1 million (Rs. 724.6 million) down 35.0 per cent YoY from $ 27.8 million (Rs. 1,200.3 million).Frost & Sullivan ranked Patni 1st among ‘Top 5 Engineering Service Providers’.

8. i-flex Solutions

Chairman and Managing Director of i-flex Solutions Limited, Rajesh Hukku

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.

The net income for quarter stood at Rs 185 crore (Rs 1.85 billion) representing 73 per cent growth QoQ. The revenue for the full year ended March 31, 2008 stood at Rs 2,380 crore (Rs 23.80 billion), up 15 per cent as compared to the previous year.

9. 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 27,000 people. For the year ended 31 March 2008, the MphasiS Group recorded revenues of Rs 2,423 crore (Rs 24.23 billion), a growth of Rs 662 crore, which is 38 per cent over the previous year.

The net profit increased by 42 per cent from Rs 180 crore (Rs 1.8 billion) to Rs 255 crore (Rs 2.55 billion) during the year ended 31 March 2008. MphasiS was named among amongst the Top 100 Companies in Global Outsourcing.

Image: IT sector grows despite slowdown.

10. Satyam Computer Services(Hired By Tech M)

Employees of Satyam group standing out side the city centre in Hyderabad

Established in 1987 by Ramalinga Raju, Satyam has a staff strength of 51,000 employees. In 2008, the company’s revenues crossed the $ 2-billion mark.

‘A simple, yet extensive management model to create value, which promotes entrepreneurship, a focus on the customer, and the constant pursuit of excellence,’ is the company’s mantra for success. In FY2008, its revenues saw a growth of 30.7 per cent to Rs 8,473.49 crore (Rs 84.73 billion) compared to fiscal 2007.

The net profit stood at Rs 1,687.89 crore (Rs 16.87 billion), a growth of 20.2 per cent over fiscal 2007. Satyam is among the youngest IT service companies to reach $1 billion in annual revenues. It is ranked No. 1 in the ASTD (American Society for Training and Development) BEST Award, 2007.