Top Ranking Company

Twenty-one Indian firms, including Infosys and Tata Consultancy Services, are among the top 100 outsourcing companies in the world.

According to the study - '2008 Global Outsourcing 100' - compiled by the International Association of Outsourcing Professionals five Indian firms aspect among the top ten -- Infosys (3rd), TCS (6th), Wipro (7th), Genpact (9th) and Tech Mahindra (10th) in the top 10.

Other Indian companies in the list are HCL Technology (11th) Mastek (16th), WNS Global Services (19th), Hexaware (22nd), ExlService (26th), 24/7 Customer (28th), Cambridge (36th), ITC Infotech (40th), KPIT Cummins (42nd), Patni (46nd), Zensar (53rd), MindTree (54th), Mphasis (56th), Aditya Birla Minacs (62nd), FirstSource Solutions (73rd) and Cross-Tab (78th).

According to IAOP, the key power of Wipro and TCS is their 'employee management' while 'executive leadership' is cited as the strong point of Infosys and Genpact.

To know more of these Indian IT companies, read on...

Infosys (Rank 3)

The Bangalore-headquartered information technology major is one of India's largest IT companies, with nine development centres in the country and over 30 offices worldwide.

Infosys employs over 88,000 professionals.

Infosys Technologies Limited was founded on July 2, 1981 in Pune by N R Narayana Murthy and six others: Nandan Nilekani, N S Raghavan, Kris Gopalakrishnan, S D Shibulal, K Dinesh and Ashok Arora.

Raghavan was officially the company's first employee.

Murthy started the company by borrowing Rs 10,000 from his wife Sudha Murthy. The company was incorporated as 'Infosys Consultants Pvt Ltd', with Raghavan's house in Matunga, north-central Mumbai as the registered office.

Infosys announced a consolidated net profit of Rs 4,659 crore (Rs 46.59 billion) for the year ended March 31, a 20.82 per cent increase over 2008.

TCS (Rank 6)

Tata Consultancy Services Limited is one of the world's largest providers of information technology and business process outsourcing services. As of 2008, it is Asia's largest information technology firm and has the largest number of employees among Indian IT companies with strength of over 110,000 employees in 47 countries.

It began as the Tata Computer Centre, in 1968, providing computer services to other Tata group companies. Things changed when Fakir Chand Kohl, joined the company as it's first general manager.

TCS' profit after tax for 2008-08 stood at Rs 5,026 crore ($1.25 billion); up 19.31% Y-on-Y.