Methodology:

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The research was divided into two phases. In the initial phase, a list of 35 IT companies from various secondary sources (including the NASSCOM directory) was prepared. The main selection criteria was growth of the respective companies in the last 2 years.

The second and final phase of the study, primarily took into account the consolidated revenues generated by respective companies in the year (Financial Year) 2005-2006 (data sourced from annual reports of respective companies). Total employee cost was also taken into account to finalize the list. Since most MNC’s refrained from declaring the revenue generated by their Indian subsidiary (as per their company policy and/or confidentiality), MNC’s with Indian subsidiaries have not been covered under the purview of this study. Only IT companies of Indian origin with a minimum of 2 years of operations were considered in this final phase.

All the short-listed companies were contacted telephonically/via e-mail for required data, such as annual revenues, total number of employees, et al. Special mention here on the figures taken to depict the total number of employees in given organizations: the number of employees have been arrived at based on figures for the FY 2005-06 or the 12 months ended period (as similar to total revenue generated). Wherever consolidated revenue figures were not available, cumulative quarterly results have been taken into account. On that note, here are the top 20 in the IT companies countdown, and the 4Ps B&M’s take...

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Source : IIPM Editorial, 2006, Arindam Chaudhuri's Initiative