Despite global economic concerns, IT major Tata Consultancy Services (TCS) has clinched deals at a premium of 2-3 per cent in recent times.

The company said it was expecting prices to go up in the coming quarters, if demand remains constant. �In the last few months, we had been able to increase the pricing by 2-3 per cent for some clients,� said TCS CEO and MD N Chandrasekaran. However, he said the number of such deals were not significant to reflect in the balance sheets.

TCS, which posted a better than expected 26.7 per cent profit for the first quarter, said if demand continues to be where it was, the pricing should go up. �This is because the continued demand will always drive pricing high,� said Chandrasekaran. The new deals up for renewal will also see price negotiations, he added.