February 2019: Inside the issue
Technology companies in India, long used to being outsourcing options for Western markets, particularly the US, have consequently had to change their game and adopt digital offerings rapidly to survive and grow.
Our cover story this month tells you how India’s biggest infotech firm Tata Consultancy Services , the jewel in the Tata crown, is undergoing a similar transformation driven mainly by the need of its clients for the latest in digital solutions.
As part of an exclusive interaction, current CEO and managing director Rajesh Gopinathan told deputy editor T. Surendar, the author of the story that TCS has fundamentally changed itself over the past two-three years. And clients are liking what they see. So are markets, with TCS hitting the $100 billion market cap mark in April 2018.
This issue also features Fortune India’s annual list of India’s most profitable public sector undertakings (PSUs) for the year 2019. The biggest takeaway from the list is the near absence of public sector banks in the list. On a sectoral basis, the banking sector’s gross profits fell 68.62% this year, while those of non-banking finance companies grew 10.46%.
T Surender and Aveek Datta, senior associate editor and editor (special projects) discuss some key takeaways from the list and the cover story in details.
Read more in our latest cover story, issue on stands and Amazon: https://amzn.to/2CNXW7S