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Cognizant Technology Solutions Corporation provides custom information technology (IT) services related to IT design, development, integration, and maintenance services in the United States and Europe. The company offers Web-centric applications, data warehousing, component-based development, and legacy and client-server systems. Its IT services include application design, development, integration, and re-engineering and application maintenance. The company provides IT services using an integrated on-site/offshore business model. It primarily offers its services to the companies in the financial, healthcare, and retail/manufacturing/logistics industries. Cognizant Technology has a strategic relationship with The Trizetto Group, Inc. The company was founded in 1988 and is headquartered in Teaneck, New Jersey.


HDFC Bank Limited, a private sector bank, provides financial services to corporations, and middle and upper-income individuals in India. It has three divisions: Wholesale Banking, Retail Banking, and Treasury Operations. The Wholesale Banking division provides loans, deposit products, documentary credits, guarantees, bullion trading, and foreign exchange and derivative products. It also offers cash management services, clearing and settlement services for stock exchanges, tax and other collections for the government, custody services for mutual funds, and correspondent banking services. The Retail Banking division provides various deposit products, as well as loans, bill payment services, gold and silver credit cards, debit cards, third party distribution, investment advisory services, card and automated teller machine (ATM) acquiring transactions, and depositary services. The Treasury Operations division offers foreign exchange and derivative products for its clients. In addition, the bank provides telephone, Internet, and mobile telephone banking services. As of March 31, 2005, it operated 467 branches and 1,147 ATMs in 211 cities. The company was incorporated in 1994 and is headquartered in Mumbai, India.


ICICI Bank Limited provides banking products and financial services to corporate and retail customers primarily in India. It offers a range of products and services in the areas of commercial banking, investment banking, and insurance. The company's deposit products include time deposits, savings accounts, current accounts, payroll accounts, accounts for small businesses, nonresident Indian accounts, and certificates of deposit. The company's loan portfolio comprises home loans, automobile loans, two wheeler loans, commercial vehicle loans, construction equipment and farm equipment loans, personal loans, credit cards, loans against time deposits, loans against shares, leasing and related loans, consumer loans, project and corporate finance, and venture capital finance. It also offers private banking, debit cards, and agricultural financing products, as well as distributes third party investment products and issues unsecured redeemable bonds. Further, the company has interests in the software development, software services, insurance, and business process outsourcing businesses. ICICI Bank operates a network of approximately 573 branches and 2,000 automated teller machines. It also has operations in the United States, the United Kingdom, Canada, Russia, Singapore, Bahrain, the Peoples' Republic of China, the United Arab Emirates, South Africa, Sri Lanka, and Bangladesh. ICICI Bank was founded in 1955 and is headquartered in Mumbai, India.


India Fund, Inc. operates as a nondiversified closed-end management investment company. It primarily invests in Indian equity securities. The fund's portfolio comprises investments in cement; chemicals; computer hardware, software and programming, and training; consulting services; consumer nondurables; diversified industries; electricity; electronics and electrical equipment; engineering; extractive industries; fertilizers; finance; food; hotels and leisure; household appliances; media; petroleum; pharmaceuticals; retail stores; steel; telecommunications and equipment; textiles; transportation; vehicles and components; construction/building materials; and shipping sectors. Advantage Advisers, Inc. serves as the investment adviser of the fund. India Fund was founded in 1993 and is based in New York City.


iGate Corporation provides information technology and offshore outsourcing services to large and medium-sized organizations. The company operates through two segments, iGate Solutions and iGate Professional Services. The iGATE Solutions segment offers outsourcing of information technology (IT) and business process outsourcing services (BPO). Its IT services include enterprise data management and data warehousing; business intelligence and analytics; design, development, system integration, and package evaluation and implementation; and re-engineering and maintenance; and BPO services, such as contact center services and transaction processing services. The iGate Professional Services segment provides various client-managed and supervised IT staffing services. These service offerings include design, development, and maintenance of custom applications, as well as implementation, integration, and support of enterprise packaged applications, such as ERP and CRM software. In addition, the company, through its subsidiaries, offers recruiting and placement services for outside customers; and contracts with pharmaceutical companies to conduct clinical trials. The company operates in the United States, India, Canada, Europe, Singapore, Malaysia, Japan, China, and Australia. The company was founded by Sunil Wadhwani and Ashok Trivedi. iGate was incorporated in 1996. It was formerly known as iGate Capital Corporation and Mastech Corporation. iGate Corporation is headquartered in Pittsburgh, Pennsylvania.


Morgan Stanley India Investment Fund, Inc. operates as a nondiversified, closed-end management investment company. It invests primarily in common stocks and short-term investments. The fund's investment portfolio comprises investments in airlines, auto components, automobiles, chemicals, commercial banks, construction and engineering, construction materials, financials, diversified telecommunication services, electric utilities, electrical equipment, gas utilities, hotels, restaurants and leisure, household products, industrial conglomerates, internet software and services, IT services, media, metals and mining, oil and gas, paper and forest products, personal products, pharmaceuticals, road and rail, software, textiles, apparel and luxury goods, thrifts and mortgage finance, and tobacco industries. Morgan Stanley Investment Management, Inc. serves as the investment advisor of the fund. Morgan Stanley India Investment Fund was incorporated in 1993 and is New York City.


Infosys Technologies Limited provides consulting and information technology services primarily in North America, Europe, and the Asia-Pacific region. Its solutions include custom application development, maintenance and production support, software re-engineering, package evaluation and implementation, and information technology consulting. The company also provides testing services, operations and business process consulting, engineering services, business process management, systems integration, and infrastructure management services. In addition, Infosys Technologies provides software products to the banking industry and business process management services. It also provides business process management services, such as offsite customer relationship management, finance and accounting, and administration, and sales order processing. Infosys Technologies was co-founded by N. R. Narayana Murthy, Nandan M. Nilekani, S. Gopalakrishnan, K. Dinesh, and S. D. Shibulal in 1981. It was formerly known as Infosys Consultants Private Limited and changed its name to Infosys Technologies Private Limited in April 1992, and further to Infosys Technologies Limited in June 1992. The company is headquartered in Bangalore, India.


Mahanagar Telephone Nigam Limited provides fixed-line and other basic telecommunications services in Delhi and Mumbai, India. It provides basic fixed-line access; public call offices; global system for mobile communications(GSM) cellular services, such as call waiting, call forwarding, wake-up calls, absent subscriber service caller identification, and WAP. The company also offers mobile and fixed-wireless services based on CDMA technology; interconnection with domestic international long distance carriers and with basic and cellular operators; leased line services; telex services; and intelligent network services. In addition, Mahanagar Telephone Nigam provides Internet access services and broadband services. Further, the company offers domestic fixed-line and mobile services in Mauritius. As of March, 31, 2005, it had approximately 4.1 million of fixed-line telecommunications networks; approximately 881,696 subscribers of GSM; approximately 196,447 limited mobile subscribers of CDMA-based services; and approximately 172,038 Internet access subscribers. The company was formed in 1986 and is based in New Delhi, India.


Patni Computer Systems Limited, together with its subsidiaries, engages in the information technology (IT) consulting and software development businesses. The company offers application development, application maintenance and support, packaged software implementation, infrastructure management, product engineering, quality assurance, and business process outsourcing services. It primarily serves insurance, manufacturing, telecommunications, and financial services industries. The company also provides services to clients in retail, energy and utilities, logistics and transportation, and media and entertainment industries. In addition, Patni Computer Systems developed technology practices that offer research, design, and development services in product engineering, as well as for independent software vendors. The company markets its products and services through its outreach programs, trade shows, white papers, sponsorships, workshops, road shows, speaking engagements, and public relations management. It has strategic alliance with SAP India; JBoss; Savvion; Sage Software India; Clear Technology, Inc.; Kurt Salmon Associates; and Eagle Investment Systems LLC. The company primarily operates in the United States, as well as in Europe, Japan, and other parts of Asia-Pacific. The company was incorporated in 1978 as Patni Computer Systems Private Limited and changed its name to Patni Computer Systems Limited in 2003. Patni Computer Systems is headquartered in Mumbai, India.


Dr. Reddy's Laboratories Limited engages in the development, manufacture, and marketing of pharmaceutical products. The company produces finished dosage forms, active pharmaceutical ingredients, diagnostic kits, critical care products, and biotechnology products. It also conducts research in the areas of cancer, diabetes, cardiovascular diseases, inflammation, and bacterial infection. Dr. Reddy's Laboratories sells its products in approximately 100 countries worldwide, including the United States, Russia and other European countries, India, and China. The company has strategic alliances with Par Pharmaceuticals, Inc.; Leiner Health Products, LLC; Cobalt Pharmaceuticals, Inc.; and Pharmascience, Inc. Dr Reddy's Laboratories has a co-development and commercialization agreement with Rheoscience A/S for the joint development and commercialization of balaglitazone (DRF 2593), a partial PPAR gamma agonist, for the treatment of type 2 diabetes. The company was founded by K. Anji Reddy in 1984. Dr. Reddy's Laboratories is headquartered in Hyderabad, India.

REDIFF.COM INDIA LIMITED (REDF) India Limited provides online news, information, communication, entertainment, and shopping services focusing on India and the worldwide Indian community. Its Web sites consists of interest specific channels relevant to Indian interests, such as cricket; astrology; matchmaker and movies; content on various matters like news and finance; search facilities; a range of community features, such as email, chat, messenger, and e-commerce; broadband wireless content; and wireless short messaging services to mobile phone subscribers in India. The company also publishes two weekly newspapers aimed at the Indian-American community based in the United States and Canada. As of March 31, 2005, the company had 36 million online registered users. The company was founded in 1996 by Ajit Balakrishnan under the name Rediff Communication Private Limited. It subsequently changed its name to India Limited in 2000. The company is headquartered in Mumbai, India.


Satyam Computer Services Limited operates as a consulting and information technology (IT) services company. Its range of solutions include software development, business intelligence and data warehousing, consulting and enterprise solutions, embedded systems, engineering solutions, enterprise resources planning applications solutions, geographic information system solutions, enterprise infrastructure solutions, and enterprise storage solutions. The company also provides business process outsourcing; Internet access and hosting; and network and network-enabled services. Satyam Computers offers its services to customers in the manufacturing, banking and financial services, insurance, telecommunications, infrastructure, media and entertainment, semiconductors, healthcare, real estate and construction, retail, and transportation industries. The company operates in 46 countries, including through its development centers located in India, the United States, the United Kingdom, Canada, Hungary, the United Arab Emirates, Singapore, Malaysia, China, Japan, and Australia. Satyam Computers was founded by B. Ramalinga Raju in 1987. The company is headquartered in Hyderabad, India.


Sify Limited operates as an integrated Internet, network, and electronic commerce services company in India. Its service offerings include corporate network and data services, Internet access services, and online portal and content offerings. The company's services enable its customers to communicate, transmit and share information, access online content, and conduct business remotely using its private data network or the Internet. Its corporate network/data services include a range of Internet protocol based Virtual Private Network offerings, including intranets, extranets, and remote access applications. The company offers these services to information technology (IT) and IT enabled services, banking and financial services, government, manufacturing, pharmaceutical, and fast moving consumer goods industry in India. In addition, Sify offers a range of security solutions, including security design, audit, procurement, and integration. The company's Internet access services include dial-up Internet access, email, and Web page hosting, as well as public Internet access through a retail chain of iway cybercafes and cable television operators. As of March 31, 2005, Sify had approximately 800,000 retail Internet access subscribers. It also operates an online portal,, which functions as a principal entry point and gateway for accessing the Internet by providing useful Web-related services and links. The company also offers related content sites specifically tailored to Indian interests worldwide. In addition, Sify facilitates Web based learning for various organizations by digitizing and uploading content. As of the above date, the company owned and operated 99 telecommunication facilities in approximately 250 cities that enable its customers to connect to the Internet through a local telephone call. The company, formerly known as Satyam Infoway Limited, was organized in 1995. Sify is headquartered in Chennai, India.


Syntel, Inc. provides information technology (IT) services serving financial, manufacturing, healthcare, transportation, retail, and information/communication industries worldwide. It operates in four segments: Applications Outsourcing, e-Business, TeamSourcing, and Business Process Outsourcing (BPO). The Applications Outsourcing segment provides outsourcing services for ongoing management, development, and maintenance of customers' business applications. The e-Business segment provides development and implementation services for Web development, data warehousing, e-commerce, customer relationship management (CRM), and enterprise applications integration (EAI). Web solutions involve services in the areas of Web architecture, Web-enabling legacy applications, and the creation of Web portals. CRM involves customizing and implementing CRM software packages. Data warehousing involves gathering and analyzing business data to make decisions through data mining. EAI involves consulting and applications outsourcing services designed to integrate front office and back-office applications. The TeamSourcing segment provides professional IT consulting services to customers on a staff augmentation basis. Its services include systems specification, design, development, implementation, and maintenance of IT applications involving computer hardware, software, data, and networking technologies and practices. The BPO segment provides outsourced solutions for a client's business processes in the areas of financial services, healthcare, and insurance. In the area of financial services, it focuses on the middle and back-office business processes of the transaction cycle. Its healthcare BPO services comprise aspects associated with revenue cycle management, including claim appeals, provider enrollment assistance, payment posting, and coding. Its insurance BPO services include claims processing and policy administration. Syntel was founded in 1980 and is headquartered in Troy, Michigan.


Tata Motors Limited engages in the design, manufacture, assembly, and sale of commercial automotive vehicles primarily in India. It operates through two segments, Automotive and Others. The Automotive segment designs, manufactures, assembles, and sells trucks and buses, passenger cars, utility vehicles, and related parts and accessories. The company also provides financing for its vehicles. The Others segment operations include information technology related business, construction equipment manufacturing, automotive vehicle components and supply chain activities, machine tools and factory automation solutions, high-precision tooling and plastic and electronic components for automotive and computer applications, automotive retailing and service operations, and real estate and investment. The company sells its products through its regional and sub-regional offices, as well as dealer outlets. As of March 31, 2005, it operated 29 regional and 36 sub-regional offices, as well as 500 dealer outlets. The company was incorporated in 1945 as Tata Locomotive and Engineering Company Limited and changed its name to Tata Engineering and Locomotive Company Limited in 1960. Subsequently, it changed its name to Tata Motors Limited in 2003. Tata Motors is based in Mumbai, India. Tata Motors Limited is a part of Tata Group.


Videsh Sanchar Nigam Limited (VSNL) provides public international telecommunications services in India. These services directly and indirectly link the Indian domestic telecommunications network to approximately 237 international destinations. The company offers basic, and specialized and value-added services. Basic services include international switched telephone services, including voice, facsimile, and data transmission services; and international telex services, including automatic direct dial telex service; and national long distance services. Specialized and value-added services include international leased lines, Internet telephony, satellite mobile telecommunications, Internet dial-up access, Internet leased line access, electronic data interchange, managed data network services, national long distance, broadband services, video conferencing, transmission of television signals, packet switched data transmission, and e-mail services. As of March 31, 2004, the company operated 12 international switching and transmission facilities for voice, as well as integrated services digital network services at 8 gateways in Mumbai, Kolkata, Delhi, Chennai, Ernakulam, Gandhinagar, Jalandhar, and Kanpur. VSNL was formed as the successor to Overseas Communications Service in 1986. The company is based in Mumbai, India. The company launched its global calling card in Sri Lanka in February 2005.


Wipro Limited provides Information Technology (IT) services worldwide. It offers software solutions, IT services, IT consulting, business process outsourcing services, and research and development services in the areas of hardware and software design. The company operates in three segments: Global IT Services and Products, India and Asia Pac IT Services and Products, and Consumer Care and Lighting. The Global IT Services and Products segment offers enterprise IT services, technology infrastructure support services, research and development services, and business process outsourcing services. This segment markets its products through direct sales force with locations in the United States, France, Germany, Holland, Japan, Sweden, and the United Kingdom. The India and Asia Pac IT Services and Products segment offers technology products, such as personal desktop computers, servers, notebooks, storage products, networking solutions, and packaged software; technology integration, IT management, and infrastructure outsourcing services; custom application development, application integration, package implementation, and maintenance; and consulting services. It also provides enterprise solutions, and research and development services. This segment markets its products through direct sales force and channel partners in India, Asia Pacific, and Middle-East regions. The Consumer Care and Lighting segment manufactures hydrogenated cooking oil, soaps and toiletries, light bulbs and fluorescent tubes, and lighting accessories. This segment markets its products through direct sales force and distribution networks in India. Wipro was incorporated in 1945 and is headquartered in Bangalore, India.


WNS (Holdings) Limited provides offshore business process outsourcing services. The company's services include data, voice, and analytical services. It provides reservation, customer service, Web support, revenue accounting, audit and recovery, fare construction, and fare filling services to travel industry. The company also provides mortgage/loan processing; life, property, health, and casualty insurance processing; and financial advisory services to banking, financial services, and insurance industries. In addition, it provides enterprise services that focus on finance and accounting, human resource, and supply chain management; and knowledge services, which focus on market, business and financial research, and analytical services for manufacturing, logistics, retail, utilities, and professional services industries. WNS (holdings) has operations in India, Sri Lanka, and the United Kingdom, and serves clients across Europe, North America, and Asia. The company was founded in 1996 and is headquartered in Mumbai, India.