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CMC in talks with two companies for offering insurance solution services: Report

23 Apr 2013 Evaluate

CMC is reportedly in talks with two companies from West Asia and Africa for offering its insurance solution services. The company already has a contract with a Tanzanian client, offering its insurance solution services. International markets contributed 64% to the company’s total revenues in financial year 2012-13.

CMC is leading system engineering and Integration Company in India and is a subsidiary of Tata Consultancy Services, Asia’s largest software company. Operating out of 18 offices and 180 services locations in the country, CMC employs over 10,000 people and has a wholly owned subsidiary in USA called CMC Americas, Inc.

Peers
Company Name CMP
Ivalue Infosolutions 225.95
Control Print 590.95
TVS Electronics 384.50
Schneider Electric 1996.55
NELCO 975.55
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