| Barely a year ago, the company had snapped up Melbourne financial software firm FNS for $26 million. |
| The acquisition would be the third big Australian buy by an Indian major, after Infosys paid 31 million US dollars for Melbourne-based development company "Expert Information Systems" in 2003. |
| "We are looking at another acquisition in Australia that is still in negotiations, which for commercial reasons I cannot name. It is significant and it will complement our current operation here. TCS has a healthy appetite for acquisitions across the globe but they must make business sense and provide synergy to our current operations. We have made a number of very successful acquisitions in many countries, one local example of which is FNS," The Australian quoted Ramadorai as saying in an exclusive interview. |
| TCS is one of India's largest off-shoring companies, with a profit of 60 billion rupees. |
| TCS's operations in Australia are smaller than those of its two key Indian rivals - Infosys and Satyam Computer Services - with the company employing 250 staff, of which 45 are Aussies. |
| On the other hand, the company has 72,000 staff world wide, of whom 7000 are foreigners. |
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