Infosys Technologies Ltd�s revenue has, on an average, been around 25% lower than that reported by market leader Tata Consultancy Services Ltd (TCS). This is based on the cumulative revenue for the past five fiscal years. But despite this large gap in size in revenue terms, Infosys� market capitalization, on an average, has been higher than that of its competitor.

But that privilege is now a thing of the past. Last Friday, when Infosys shares fell by 9.6% and those of TCS fell by a much lower 1.5%, the difference between the market cap of the two companies widened significantly.

Infosys� market cap is now 26.4% lower than that of TCS. Its revenue for the year ended March is 25-26% lower than TCS� estimated revenue for the period.