Bharti Airtel- Key Fundamentals

Market Cap (Rs Cr.):130,863 EPS - TTM (Rs):16.92 P/E Ratio (x):20.42 Face Value (Rs):5.00 Latest Div. (%):20.00 Div. Yield (%):0.29 Book Value / sh. (Rs) :115.42 P/B Ratio (x):2.99

Bharti Airtel- Future & Options Quote

Futures 25-01-2012 Option Type Strike Price

346.70

+0.50 ( 0.14%)

Open Price347.00 High Price352.35 Low Price344.15 Prev. Close346.20 Average Price347.94 Contracts Traded3295 Turnover (Rs Lakhs)1,1465 Open Interest980,7000 Open Int. Chg-15,7000 Open Int. Chg (%)1.58%

Industry Competitors: Telecommunications - Service

SYMBOL PRICE %CHANGE VOLUME

Idea Cellular Ltd.

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2.69% 191466 Reliance Communications Ltd.

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0.28% 2961147 Tata Communications Ltd.

216.45
1.57% 12788 Tata Teleservices (Maharashtra)

14.31
1.04% 428920 Mahanagar Telephone Nigam Ltd.

27.80
4.14% 117949 OnMobile Global Ltd.

72.40
0.21% 318823 Quadrant Televentures Ltd.

3.97
2.70% 6416 Nu Tek India Ltd.

0.97
4.90% 513669 Nettlinx Ltd.

12.00
4.34% 10

Spice Communications Ltd. [Merge

56.75
1.47% 88191

More about Bharti Airtel Competitors

Bharti Airtel- Comparative Analysis

Today 1 Month 3 Months 1 Year 3 Years

Bharti Airtel Ltd. Sensex NIFTY 1.39% 1.7% 1.91% 2.46% 6.29% 6.78% 9.08% 3.28% 2.94% 0.86% 12.79% 12.15% 8.9% 76.6% 75.61%

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Bharti Airtel Ltd- Research Reports

Buy Bharti Airtel: Ashwani Gujral more
Ashwani Gujral
Wednesday, January 11, 2012 04:20:01 PM HRS IST

BUY Don't get in futures of Bharti at current levels: Mitesh Thacker more
Mitesh Thacker
Monday, January 09, 2012 03:55:24 PM HRS IST

WAIT & WATCH Bharti Airtel looks weak, may head down to 305 levels: Mitesh Thacker more
Mitesh Thacker
Friday, January 06, 2012 03:59:01 PM HRS IST

BEARISH Buy Bharti Airtel with target of 344-345: Vijay Bhambwani more
Vijay Bhambwani
Monday, December 26, 2011 12:50:17 PM HRS IST

BUY Bharti Airtel can see 305 levels: Mitesh Thacker more
Mitesh Thacker
Friday, December 23, 2011 10:53:23 AM HRS IST

BEARISH

Bharti Airtel- Announcements

Bharti Airte - Quarterly Report for Q204/11/2011Bharti Airtel Ltd has submitted to BSE a copy of the quarterly report

being released by th...

Bharti Airte - Results Press Release04/11/2011Bharti Airtel Ltd has informed BSE regarding a Press Release dated

November 04, 2011 title...

Bharti Airtel- Shareholding Pattern

No. of Shares % Holding

Promoters ForeignPromoter

Foreign Institutions 172.93Cr. 86.57Cr. 65.08Cr. 45.54% 22.80% 17.14% More about Bharti Airtel Shareholding

Bharti Airtel- Financials

Q2 / 2011 Ann 2011

Total Income Cr. EBIT Cr. PAT Cr. EPS (Rs.) 10,178 2,178 1,308 3.44 38,171 8,946 7,717 20.32

More about Bharti Airtel Financials

NTPC, India's largest power company, was incorporated on November 7, 1975 to accelerate power development in India. Today, it has emerged as an Integrated Power Major, with a significant presence in the entire value chain of power generation business. With a current generating capacity of 30,144 MW, NTPC has embarked on plans to become a 75,000 MW company by 2017. NTPC is emerging as a diversified power major with presence in the entire value chain of the power generation business. Apart from power generation, which is the mainstay of the company, NTPC has already ventured into consultancy, power trading, ash utilization and coal mining. The total installed capacity of the company is 30, 144 MW (including JVs) with 15 coal based and 7 gas based stations, located across the country. In addition under JVs, 3 stations are coal based & another station uses naptha/LNG as fuel. By 2017, the power generation portfolio is expected to have a diversified fuel mix with coal based capacity of around 53000 MW, 10000 MW through gas, 9000 MW through Hydro generation, about 2000 MW from nuclear sources and around 1000 MW from Renewable Energy Sources (RES). NTPC has adopted a multi-pronged growth strategy which includes capacity addition through green field projects, expansion of existing stations, joint ventures, subsidiaries and takeover of stations. NTPC has been operating its plants at high efficiency levels. Although the company has 18.79% of the total national capacity it contributes 28.60% of total power generation due to its focus on high efficiency. In October 2004, NTPC launched its Initial Public Offering (IPO) consisting of 5.25% as fresh issue and 5.25% as offer for sale by Government of India. NTPC thus became a listed company in November 2004 with the government holding 89.5% of the equity share capital. The rest is held by Institutional Investors and the Public. The issue was a resounding success. NTPC is among the largest five companies in India in terms of market capitalization. At NTPC people before Plant Load Factor is the mantra that guides all HR related policies. NTPC has been awarded No.1, Best Workplace in India among large organizations for the year 2008, by the Great Places to Work Institute, India Chapter in collaboration with The Economic Times. The concept of Corporate Social Responsibility is deeply ingrained in NTPC's culture. Through its expansive CSR initiatives NTPC strives to develop mutual trust with the communities that surround its power stations. Right from social to developmental work of the community and welfare based dependence to creating greater

self reliance; the constant endeavour is to institutionalize social responsibility on various levels. Presently, NTPC generates power from Coal and Gas. With an installed capacity of 30,144 MW, NTPC is the largest power generating major in the country. It has also diversified into hydro power, coal mining, power equipment manufacturing, oil & gas exploration, power trading & distribution. With an increasing presence in the power value chain, NTPC is well on its way to becoming an Integrated Power Major.NTPC was the first among power utilities in India to start Environment Impact Assessment (EIA) studies and reinforced it with Periodic Environmental Audits and Reviews. Business area of the company:

Power Generation Consultancy services Power trading Ash utilisation Coal mining

Business divisions : Hydro Power: In order to give impetus to hydro power growth in the country and to have a balanced portfolio of power generation, NTPC entered hydro power business with the 800 MW Koldam hydro project in Himachal Pradesh. Two more projects have also been taken up in Uttarakhand. A wholly owned subsidiary, NTPC Hydro Ltd., is setting up hydro projects of capacities up to 250 MW. Coal Mining: In a major backward integration move to create fuel security, NTPC has ventured into coal mining business with an aim to meet about 20% of its coal requirement from its captive mines by 2017. The Government of India has so far allotted 7 coal blocks to NTPC, including 2 blocks to be developed through joint venture route. Coal Production is likely to start in 2009-10. Power Trading: 'NTPC Vidyut Vyapar Nigam Ltd.' (NVVN), a wholly owned subsidiary was created for trading power leading to optimal utilization of NTPCs assets. It is the second largest power trading company in the country. In order to facilitate power trading in the country, National Power Exchange Ltd., a JV between NTPC, NHPC, PFC and TCS has been formed for operating a Power Exchange. Ash Business: NTPC has focused on the utilization of ash generated by its power stations to convert the challenge of ash disposal into an opportunity. Ash is being used as a raw material input for cement companies and brick manufacturers. NVVN is engaged in the business of Fly Ash export and sale to domestic customers. Joint ventures with cement companies are being planned to set up cement grinding units in the vicinity of NTPC stations. Power Distribution: NTPC Electric Supply Company Ltd. (NESCL), a wholly owned subsidiary of NTPC, was set up for distribution of power. NESCL is actively engaged in Rajiv Gandhi Gramin Vidyutikaran Yojanaprogramme for rural electrification and also working as 'Advisor cum Consultant' for Ministry of Power for implementation of Accelerated Power Development and Reforms Programme(APDRP) launched by Government of India. Equipment Manufacturing: Enormous growth in power sector necessitates augmentation of power equipment manufacturing capacity. NTPC has formed JVs with BHEL and Bharat Forge Ltd. for power plant equipment manufacturing. NTPC has also acquired stake in Transformers and Electricals Kerela Ltd. (TELK) for manufacturing and repair of transformers. Subsidiaries of the company: 1. 2. 3. 4. 5. 6. NTPC Hydro Ltd 'NTPC Vidyut Vyapar Nigam Ltd NTPC Electric Supply Company Ltd Pipavav Power Development Co. Ltd. (PPDCL) Kanti Bijlee Utpadan Nigam Limited Bharatiya Rail Bijlee Company Limited

Apart from this the company is having 13 different Joint ventures as well.

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13.

PTC India Limited Utility Powertech Limited (UPL) NTPC-SAIL Power Company Pvt. Ltd. NTPC-Alstom Power Services Private Limited NTPC Tamil Nadu Energy Company Ltd. Ratnagiri Gas and power Pvt. Limited Aravali Power Company Private Ltd. NTPC-SCCL Global Venture Pvt. Ltd. Meja Urja Nigam Private Limited NTPC BHEL Power Projects Pvt Ltd. BF-NTPC Energy Systems Limited Nabinagar Power Generating Company Private Limited National Power Exchange Limited

Achievements/ recognition: Company Rankings: Forbes' Global 2000 list of top listed firmsPlatts Top 250 Global Energy Company Rankings - 2010NTPC - the Most Respected Company in Power SectorIndias Biggest News Makers SurveyBusiness Standard's 'BS1000' companies Environment Awards: Golden Peacock Environmental Management Award: NTPC's National Capital Thermal Power Project, Dadri was awarded the Golden Peacock Environment Management Award for the year 2010. CII Sustainability Award: NTPC's Talcher Thermal Power Station bagged the prestigious 'Commendation Certificate' for strong commitment under Sustainability Awards Scheme instituted by CII for sustainable performance of the station in the areas of Environment, Society and Economics. 3rd Green Globe Foundation Awards: Green Globe Foundation is partnered by knowledge partners TERI and Wizcraft International Entertainment. Award ceremony took place on 2nd February, 2011 at the Taj Palace in New Delhi. The Sunday Indian Special Mega Excellence Indias Best Environment Driven Company Award 2009: NTPC awarded The Sunday Indian Special Mega Excellence - 'India's Best Environment Driven Company Award-2009'. This award is a special award to recognize and applaud the commitment of NTPC Limited towards environment and ecology HR Awards: Exemplary Leadership Award to Shri Arup Roy Choudhury for People Excellence: Bhaskar Chatterjee, Secretary, Department of Public Enterprises presented the Exemplary Leadership Award for People Excellence to Shri Arup Roy Choudhury, Chairman and Managing Director, NTPC at the Global HR Excellence Awards under the aegis of world HRD Congress held at Mumbai on 11th February 2011. NTPC wins Star TV Talent Leadership and HR Award: NTPC received the HR Excellence Award for PSU Sector for Innovative HR Practices at the World HRD Congress at the Star TV Talent Leadership and HR Awards. Two Awards for NTPC at Asia Best Employer Brand Awards: NTPC bagged two awards at the Asia Best Employer Brand Ceremony held at Singapore recently for Best HR Strategy in line with Business and Award for Talent ManagementOverall 7th in Indias Best Companies to Work for 2010, 1st amongst the PSUs and 1st in Manufacturing & Production Industry Segment: NTPC has been ranked 7th overall in Indias Best Companies to Work for 2010, a study by The Great Places to Work Institute India and The Economic Times. Great Places to Work Award 2010: NTPC, New Delhi has been ranked 7th in the Top 10 Great Places to Work (GPTW) and has the distinction of being only PSU in the Top 10 Best Companies to Work For. NCPEDP-Shell Helen Keller Award 2009: NTPC was awarded for NCPEDP Shell Helen Keller Awards 2009 in the Category'C':Companies/organizations /institutions who share NCPEDP's vision and through their policies and practices demonstrate their belief in equal rights and gainful employment for persons with

disabilities.Vishwakarma Rashtriya Puraskar (VRP) 2007: 22 NTPC employees were awarded Vishwakarma Rashtriya Puraskar for the year 2007. Best Companies to Work For 2009: NTPC has been ranked Second in the Core Sector with Index Score of 98 out of 100 and ranked 21st in the 25 toppers list based on a survey of 8,742 respondents in 1000 organizations across 800 cities. SCOPE Meritorious Award for Best Practices in Human Resource Management- NTPC has been awarded the Gold Trophy for SCOPE Meritorious Award for Best Practices in Human Resource Management for the year 2008-09. Corporate Governance Awards: Golden Peacock Global Award for Excellence in Corporate Governance 2009 . ICSI National Award for Excellence in Corporate Governance 2009 Performance Awards: Top Liner Maharatna Award to NTPC SCOPE Excellence Award to Shri Arup Roy Choudhury, CMD, NTPC PSU Excellence Award for NTPC Enertia Awards for NTPC Projects & Shri D K Jain, Director (Technical), NTPC Ltd receives award for Excellence in Nuclear, Thermal (Conventional Energy) Vishwakarma Award for 12 NTPC Employees Prime Ministers Shram Award to NTPCs Misri Lal Choudhary India Pride Awards Energy and Power Category SAFA Best Presented Accounts Awards 2008 Enertia Award 2010 SAFA Best Presented Accounts Awards 2008 CII-EXIM Excellence Award, 2010 National Awards for Meritorious Performance CSR Awards: 2nd India Power Awards 2009 CII ITC Sustainability Award

ICICI Bank is India's second-largest bank with total assets of Rs. 4,062.34 billion (US$ 91 billion) at March 31, 2011 and profit after tax Rs. 51.51 billion (US$ 1,155 million) for the year ended March 31, 2011. The Bank has a network of 2,556 branches and about 7,440 ATMs in India, and has a presence in 19 countries, including India. ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries in the areas of investment banking, life and non-life insurance, venture capital and asset management.

The Bank currently has subsidiaries in the United Kingdom, Russia and Canada, branches in United States, Singapore, Bahrain, Hong Kong, Sri Lanka, Qatar and Dubai International Finance Centre and representative offices in United Arab Emirates, China, South Africa, Bangladesh, Thailand, Malaysia and Indonesia. Our UK subsidiary has established branches in Belgium and Germany. Board Members Mr. K. V. Kamath, Chairman
....................................................

Mr. Sridar Iyengar

....................................................

Mr. Homi R. Khusrokhan

....................................................

Mr. Arvind Kumar

.................................................

Mr. M.S. Ramachandran

..................................................

Dr. Tushaar Shah

..................................................

Mr. V. Sridar

Ms. Chanda Kochhar, Managing Director & CEO

.........................................................

Mr. N. S. Kannan, Executive Director & CFO

.........................................................

Mr. K. Ramkumar, Executive Director

.........................................................

Mr. Rajiv Sabharwal, Executive Director

nfosys Limited (NASDAQ: INFY) was started in 1981 by seven people with US$ 250. Today, we are a global leader in the "next generation" of IT and consulting with revenues of US$ 6.825 billion (LTM Q3FY12). Infosys defines, designs and delivers technology-enabled business solutions for Global 2000 companies. Infosys also provides a complete range of services by leveraging our domain and business expertise and strategic alliances with leading technology providers. Our offerings span business and technology consulting, application services,systems integration, product engineering, custom software development, maintenance, reengineering, independent testing and validation services, IT infrastructure services and business process outsourcing.

Infosys pioneered the Global Delivery Model (GDM), which emerged as a disruptive force in the industry leading to the rise of offshore outsourcing. The GDM is based on the principle of taking work to the location where the best talent is available, where it makes the best economic sense, with the least amount of acceptable risk. Infosys has a global footprint with 64 offices and 68 development centers in US, India, China, Australia, Japan, Middle East, UK, Germany, France, Switzerland, Netherlands, Poland, Canada and many other countries. Infosys and its subsidiaries have 145,088 employees as on December 31, 2011. Infosys takes pride in building strategic long-term client relationships. 97.4% of our revenues come from existing customers (Q3 FY 12).

Infosys, India's No. 2 software services exporter, grew nearly 50% in 2004, to $1.59 billion in revenues. And it's well on its way to cross $2 billion this year. Progeon, the unit that manages business processes, is doubling every year and expects to reach $80 million in sales this year. Thrilled investors in India value it more than rival Tata Consultancy Services, which is two-fifths bigger in revenues. Infosys customers are happy too: 19 out of 20 come back to the Bangalore company with repeat orders. Now, Infosys has its eye on China. Of the 12,600 people it will hire this year, nearly 1,000 will be at its Shanghai offices.

Company Info
STOCK INFO REVENUES* REVENUE GROWTH RETURN ON EQUITY TOTAL RETURN PROFITS* INDUSTRY INFY $1.6 BILLION 49.8% 33.4% 75.2% $419 MILLION SERVICES

Tata Consultancy Services Ltd is an information technology (IT) company. The company offers a range of IT services, outsourcing and business solutions. They also offer IT infrastructure services, business process outsourcing services, engineering and industrial services, global consulting and asset leveraged solutions. Their segments include banking, financial services and insurance; manufacturing; retail and distribution, and telecom. The company is a part of Tata Group, one of India's most respected business conglomerates and most respected brands. They are headquartered in Mumbai. They are having 142 offices in 42 countries as well as 105 delivery centers in 20 countries. The company shares are listed on the National Stock Exchange and Bombay Stock Exchange of India. Tata Consultancy Services Ltd was incorporated in the year 1968. Tata Sons Ltd established the company as division to service their electronic data processing (EDP) requirements and provide management consulting services. In the year 1971, they started their first international assignment. The company pioneered the global delivery model for IT services with their first offshore client in 1974. In the year 1981, the company set up India's first IT R&D division, the Tata Research Design and Development Centre at Pune. In the year 1985, they set up their first client-dedicated offshore development center for Compaq (then Tandem). In the year 1989, they delivered an electronic depository and trading system called SECOM for SIS SegaInterSettle, Switzerland. In the year 1997, the company opened their new corporate training facility at Trivandrum. In the year 1998, they started virtualization of business. In the year 1999, they got SEI-CMM Level 5 certification for their Qwest, HP, SEEPZ & Sholinganallur centres. Also, in the year 20000, they got SEI-CMM Level 5 certification for their Calcutta, Bangalore, Lucknow, Hyderabad, GEDC, Ambattur and Ahmedabad centres. In the year 2001, the company completed the acquisition of public

sector unit, CMC Ltd. In the year 2002, they expanded their geography into new growth markets like China/ Uruguay. The company saw outsourcing opportunity in E-Commerce and related solutions and set up its EBusiness division with ten people. By 2004, E-Business was contributing half a billion USD to the company. During the year 2004-05, the company acquired WTI Advanced Technology Ltd and TCS Business Transformation Solutions Ltd (Previously, Phoenix Global Solutions (India) Ltd), subsequently these two companies became the subsidiaries of the company. In August 9, 2004, the company became a publicly listed company. During the year 2005-06, the company acquired three companies Comicrom S A, Chile, Financial Network Services (Holdings) Pty Ltd, Australia (FNS) and Swedish Indian IT Resources AB (SITAR). The company made strategic alliances with Diligenta Ltd for Life Insurance business. Also, they entered into a Joint Venture Agreement with the State Bank of India. The new company was formulated and named C-Edge Technologies Ltd (C-Edge) for providing advanced technology solutions and world-class domain consulting for the banking and financial services sector. During the year, the company ventured into a new area for an Indian IT Services Company. In April 2005, Tata Infotech Ltd with their three wholly owned subsidiaries, namely Airline Financial Support Services (India) Ltd, Aviation Software Development Consultancy India Ltd and TCS Business Transformation Solutions Ltd were amalgamated with the company. During the year 2006-07, the company in partnership with the Government of Madhya Pradesh formed a company, namely MP Online Ltd, for offering a wide range of computer enabled services in the State of Madhya Pradesh. The company through their wholly owned subsidiaries Tata Consultancy Services Asia Pacific Pte Ltd and Tata Consultancy Services Malaysia Sdn Bhd, subscribed to 100% share capital of PT Tata Consultancy Services, Indonesia, a company formed for providing consulting and IT related services in Indonesia Tata Consultancy Services Netherlands B V, a wholly owned subsidiary acquired 75% equity interest in Switzerland based TKS Teknosoft S A, for a consideration of Rs. 368.06 crore. TCS FNS Pty Ltd, another subsidiary acquired 100% equity interest in an Australian based company, TCS Management Pty Ltd, for a total consideration of Rs. 15.75 crore. Also, TCS FNS Pty Ltd subscribed to 100% share capital of Financial Network Services Beijing Co Ltd to provide consulting and IT related services in China. The company, through their wholly owned subsidiaries Tata Consultancy Services BPO Chile S A and TCS Inversiones Chile Limitada, subscribed to 100 % share capital Tata solution Center S A, to provide BPO services in Ecuador. During the year 2007-08, the company opened a centre in Cincinnati, USA, and a large centre in India at Hyderabad and laid the foundation for a large centre in Pune. They launched a major brand building initiative in order to articulate and propagate its new brand positioning. Also, they signed a new multi-year contract with Chrysler LLC for providing a comprehensive portfolio of IT services. TKS Services S.A., Quartz Software Technology S.A. and Tata Consultancy Services Financial Solutions Limited merged with Tata Consultancy Services Switzerland Limited with effect from April 1, 2007. In May 25, 2007, the company through their wholly owned subsidiary, Tata Consultancy Services Do Brasil Desenvolvimento De Servicos Ltda, acquired 100% equity interest in a Brazil based Company, GT Participacoes S.A. Also, Tata Consultancy Services Do Brazil Desenvolvimento De Servicos Ltda and GT Participacoes S.A. have merged with Tata Consultancy Services Do Brazil Ltda with effect from July 1, 2007. In June 21, 2007, the company subscribed to 100% share capital of Tata Consultancy Services Morocco SARL AU, a company formed for providing a range of computer enabled services in Morocco. In July 13, 2007, the company through their wholly owned subsidiary, Tata America International Corporation, acquired 100% voting power in TCS Financial Management LLC. In October 23, 2007, the company subscribed to 60% of the share capital of Tata Consultancy Services (Africa) (Pty) Limited, a Company formed for providing IT services and investing in companies in South Africa. In January 24, 2008, the company sold their shareholding interest in their associate Conscripti (Pty) Ltd, for Rs. 3.83 crore. In March 2008, the company opened their North America Delivery Center called TCS Seven Hills Park. During the year 2008-09, the company acquired Citigroup Inc.'s (Citi) 96.26% interest in TCS e-Serve Ltd (formerly known as Citigroup Global Services Limited), the India-based captive BPO, for a total consideration of USD 504.54 million. In addition, Citi signed an agreement with the company to provide process outsourcing services to Citi and their affiliates for an aggregate amount of USD 2.5 billion over a period of 9.5 years. During the year, the company through their subsidiary, Tata Consultancy Services Asia Pacific Pte Ltd, subscribed to 100% share capital of Tata Consultancy Services (Thailand) Ltd and Tata Consultancy Services (Philippines) Inc. In June 2008, the company got $11.5 million transformational deal to design, install and integrate a tax administration system for the Uganda Revenue Authority (URA). In July 29, 2008, the company won the highest incremental improvement award and moved to the Industry Leader position in the Tata Business Excellence Model ('TBEM') at the JRD QV Awards ceremony. In October 22, 2008, the Tata Infotech Deutschland GmbH has merged with Tata Consultancy Services Deutschland GmbH. The merged entity is a wholly owned subsidiary of the company. In December 11, 2008, the company subscribed to 50% share capital of National Power Exchange Ltd, established to promote trading of electrical power in India. In June 5, 2009, the company, through their wholly owned subsidiary, Tata Consultancy Services Canada Inc, acquired 100% interest in ERI Holdings Corp. In January 1, 2010, the company, through their wholly owned subsidiary, TCS Iberoamerica S.A., subscribed to 100% interest of TCS Uruguay S.A. In January 1, 2010, they purchased 100% interest of MGDC S.C., Mexico, through their wholly owned subsidiaries, TCS Uruguay S.A. and TCS Argentina S.A. In June 2010, the company signed a multi-year outsourcing contract with Telenor Norway. In June 30, 2010, Syscrom S.A., Chile merged with Tata Consultancy Services BPO Chile SA, a wholly owned subsidiary of TCS Inversiones Chile Limitada. Also, Custodia De documentos Interes Limitada, Chile merged with Tata Consultancy Services BPO Chile SA, a wholly owned subsidiary of TCS Inversiones Chil Limitada. In August 2010, the company formed a global alliance with JDA Software Group, Inc to help customers drive high performance within their organizations through the delivery of world class solutions and services. Also, they formed a global strategic alliance with Thunderhead to strengthen Tata Consultancy Business Intelligence Process Management (BIPM) practice and provide industry-leading BIPM solutions and services to worldwide clients. In September 2010, Unisys Corporation sold Unisys Insurance Services Ltd to Diligenta Ltd, a subsidiary of the company. Also,

SUPERVALU, Inc. announced a strategic relationship with the company resulting in the sale of SUPERVALU India to the company.