2010 has been a very important year for all the Enterprises around the world. Almost all the developed countries in the world have been reeling under worst economic crisis. And 2009 is the peak of all for all the western countries. As you know, Greece, Spain and Portugal have already gone bankrupt. The US economy is believed to be slipping into double dip depression since the last 2 months June and July have shown steady decline in the growth in all sectors predominantly the manufacturing. Ironically the automobile sales for the last 2 months have been pretty good for the companies based out of US but most of sales for them has come from developing countries like China. The first quarter(Apr - June) for this financial year of 2010-11 is good one for all the India based Software companies. TCS, Infy, Wipro, HCL and Tech Mahindra have shown a impressive results. Among them TCS proved it's mettle by showing a whooping Rs.1900 Crores of Profit After Tax. A broad based growth has helped them sustain the march in the league of Five. Congratulations TCS!!!
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