(Accenture follows a September to August financial year, so the calendar year figures used for Accenture are actually December to November. Tata Consultancy Services (TCS) looks set to overtake Accenture in terms of revenue in the banking, financial services & insurance (BFSI) segment -- the segment that is the biggest, and often also the fastest adopter of information technology .India's largest IT services provider is now literally breathing down the consulting and outsourcing company's neck. TCS, on the other hand, focuses on Run The-Bank (RTB) services, where the idea is to maximize efficiencies, save costs and increase profitability. Among the leading companies, Cognizant has grown the fastest in the segment in the past few years, but its revenue still is over $1.6 billion behind those of Accenture and TCS. In 2013, Accenture's BFSI revenue at $6.2 billion was $610 million more than TCS's.

Source: Times of India August 12, 2016 04:18 UTC