Which among the following has become India’s first $100 billion market capitalisation IT company? 

The correct answer is TCS (Tata Consultancy Services).

Key Points

• TCS became India’s first IT company to achieve a market capitalization of $100 billion on April 23, 2018.
• The milestone was achieved due to consistent growth in its revenue, expansion in global markets, and strong client retention.
• TCS is part of the Tata Group, one of India's largest and most respected business conglomerates.
• As of the landmark achievement, TCS was among the top global IT services companies in terms of market capitalization.
• The company's focus on digital transformation, automation, cloud computing, and AI contributed significantly to its valuation.

Additional Information

• Market Capitalization:
  • It refers to the total value of a company’s outstanding shares of stock, calculated as the share price multiplied by the number of shares.
  • Market capitalization is a key indicator of a company's size and financial stability.
• Tata Consultancy Services (TCS):
  • Founded in 1968, TCS is headquartered in Mumbai, India.
  • It is a leading provider of IT services, consulting, and business solutions globally.
  • The company operates in over 50 countries and has a diversified client base across industries.
• Factors Behind TCS's Success:
  • TCS’s emphasis on innovation and adoption of emerging technologies like AI, machine learning, and blockchain.
  • Strong execution capabilities and robust client relationships.
  • Expansion into key global markets, including the US, Europe, and Asia-Pacific.
• Indian IT Industry:
  • The Indian IT industry is one of the largest and fastest-growing sectors globally, contributing significantly to the country's GDP.
  • Key services include IT consulting, software development, and BPO (Business Process Outsourcing).