TCS is now second among world's most valuable IT firms

Tata Consultancy Services (TCS) is now the world’s second-most-valuable IT services company — ahead of Accenture and Hewlett-Packard but behind IBM

TCS  is currently valued at around $60 billion, compared with Accenture’s $50.5 billion and HP’s $43 billion. IBM remains the leader, with a market capitalisation of $202.6 billion as at the end of Sep 9,2013 Monday’s trading

 TCS is already one of the world’s largest employers in its segment, with nearly 280,000 employees as at the end of June 2013.
 In comparison, Accenture has an employee strength of 266,000. TCS, however, trails IBM, which remains the largest IT company with a staff of 430,000 at the end of last calendar year.