Tata Consultancy Services Ltd.

Software giant Tata Consultancy Services (TCS) might see a rise in deal prices, giving better returns to the company, and exuded confidence that it would grow across geographies including the US and Europe. There had been 2-3% increase in prices in some deals signed over the last few months. The company will be able to maintain the growth momentum, even as the European debt crisis and high unemployment in the US are concerns that the $60 billion Indian IT industry is facing. TCS business in Europe has seen double-digit growth, and other markets have also witnessed a strong momentum. Indian IT majors get as much as 80% of their revenues from the US and European regions. The company expects to see good growth in near term from European market as well.