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6 Indian IT companies figured in the list of 100. TCS is the top Indian company in the list followed by Patni. FinTech has come up with the list of top 10 preferred vendors for Banking, Capital Markets and Insurance. TCS figured in all 3 lists. TCS is the most preferred vendor for Insurance sector. It is at number 3 for Capital Markets and at number 9 for Banking.
6 Indian IT companies in the list of FinTech 100:
I know, Infosys is not in the list. Infosys has reduced its financial services exposure to less than a 3rd of its total revenues. 1/3rd is the cut-off point to figure in the list. This is a good news for Infy. It has increased its exposure to other sectors. Given the global scenario can we blame Infy? I am not sure how this list should be taken. Should we be wary of these companies as these companies have more exposure to financial services? Or should we be sad that only 6 Indian companies are featured in the list, given the fact that India is the top IT destination?
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