Mumbai: Followed by marking a lower growth in Banking and financial service industry (BFSI) compared to its peer Infosys Technologies, Tata Consultancy Services (TCS), plans to augment their non-Banking and financial service (BFSI) revenues through transformational deals.

Though the company accounts 44 percent of its revenues from the BFSI segment, and the recession in the U.S. have led to a dip of 11 basis points from this segment. The company has witnessed gaining increasing revenues from areas such as manufacturing, utilities, retail and others.

Now the $6-billion company is scaling up its platform-based BPOs and one of its prime focuses on human resources operation (HRO) solutions. As a part of this move, TCS is currently pursuing about 20 deals. The deals would be announced in Q2 of the current fiscal. The company had already formed a separate business unit to market its platform BPO offerings.

"HRO solutions is gaining a lot of attraction and we are in talks with a few clients. We have received letters of intent from these clients and are currently negotiating with them," said N Chandrasekaran , TCS COO and Executive Director.