TCS eyes more deals in healthcare sector

Tata Consultancy Services (TCS) on Monday said it is aggressively looking at deals in the life sciences and healthcare space, which is the fifth largest revenue generating vertical for the firm.

"The life sciences and healthcare vertical has not been impacted so much by the economic slowdown. This presents an opportunity for us. We are looking at bagging more deals in the pharma sector,'' TCS vice-president and global life sciences and healthcar e head, Mr Debashis Ghosh said.

Life sciences and healthcare became the fifth-largest vertical for TCS accounting for 5.7 per cent of the firms revenues at the end of the fourth quarter of FY 09.

"This is one of the growing verticals for TCS. In the first quarter of FY 09, the vertical was sixth largest and contributed 5.2 per cent of the global revenues. In few months time the vertical have become the fifth largest revenue generator for the comp any,'' he added.