August 6th, 2009 
Aman Tech Mahindra among top 5 IT companies: Nasscom: Nasscom presents its list in which there are some changes shown because of Satyam Computers crisis. The first three positions remain same; there is some change in last two positions. Satyam Computers remember, yes the same IT Company who had done billion dollar fraud in early 2009 year. Instead of it, Tech Mahindra is considered and it scored fifth position now. Tech Mahindra is a name that is most famous in India. It is that company who has taken over Satyam. This Company becomes parent company of Satyam. After take over on Satyam, Tech Mahindra comes in top 5 IT companies.
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Nasscom ranking: When fraud of Satyam opened publically, Nasscom decided not to take this company in ranking list. They officially out the company from their ranking. Nasscom did not take the risk to take Satyam in the latest ranking. Instead of that Nasscom considered Tech Mahindra, the new parent company of Satyam. According to latest ranking of IT industry association Nasscom, Tech Mahindra occupied fifth position. HCL Tech grabs the fourth position which was the position of Satyam Computer last year. The parent company of Satyam was previously ranked at number six, but due to Satyam’s exit from the list, it occupies fifth position and in this way comes into top 5 IT firms of India. Now Tech Mahindra is in Nasscom ranking. The first three positions remain same that is first three positions are scored by TCS, Infosys and Wipro respectively. They are still country’s largest software exporter.
Satyam Computers is not in ranking: Satyam Computers is officially out from the league of India’s top software companies. Now Satyam Computers has been rebranded to Mahindra Satyam and it is not considered in the latest ranking because of its acquisition. This is the common reason known by everyone. Another reason is it is yet to release the full year audit result of the Satyam Computers. Satyam Computers fallen into crisis because of the fraud done by its ex chairman. This ex chairman is also the founder of Satyam Computers, B Ramalinga Raju.
Nasscom doesn’t include some Indian IT companies: The list of Nasscom only included those IT companies who have their head quarters in India and have share in India-centric revenue figures. The Nasscom includes companies like Infosys, TCS, and Wipro. It doesn’t include some corporate companies like HP, Accenture and many more. These companies are not considered in the list because they have their headquarters in outside India and also don’t have any share in India-centric revenue. The question arise here is had they been ranked according to India revenues? Or would these companies be appeared in the Nasscom ranking? Only Nasscom association will answer this and explain this.
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