Mahindra Satyam signs offshore contract with Denmark’s largest IT companies
March 12, 2010

Hyderabad, India, 11 March, 2010 – Mahindra Satyam, the brand identity of Satyam Computer Computer Services Ltd. (NYSE:SAY), a leading global consulting and IT services provider has signed a new four year offshore contract with KMD, one of Denmark’s leading IT companies. KMD, which specialises in the public sector, signed a renewed contract with Mahindra Satyam for the next four years worth approximately $48 million ending in December 2013. The new contract is an extension of a previous contract that was due to expire this year which involved the supply of application development, testing and application support services particularly in the area of SAP which is a growing business for the Danish IT company. Read more

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Electrolux signs a five year IT Infrastructure outsourcing with HCL
February 24, 2010

Noida, India/London, UK – February 22, 2010 – HCL Technologies Ltd. (HCL), a leading global IT services provider, today announced that it has signed an IT Infrastructure Management engagement with Electrolux, a global leader in home appliances and appliances for professional use. Read more

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Wipro signs 10-year IT outsourcing contract
February 24, 2010

IT major Wipro Ltd, and leading public sector bank Punjab and Sind Bank (PSB) today announced that they have signed a 10-year contract for comprehensive IT outsourcing services for PSB. The contract was signed in Delhi in the presence of Sardar G.S.Vedi, Chairman & Managing Director, Punjab and Sind Bank and Anand Sankaran, Senior Vice President and Business Head, Wipro. Read more

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Genpact signs Accounting Services BPO with Walgreens
January 9, 2010

Gurgaon, India, January 7, 2010: Walgreens (NYSE, NASDAQ: WAG), the largest drugstore chain in the United States with over 7,000 stores and revenues of USD 63 Billion, has signed an agreement with Genpact (NYSE: G), a leader in managing business processes for companies around the world, to provide Walgreens with accounting services as part of Walgreens’ Rewiring for Growth initiative. Walgreens is finding ways to be more effective and efficient to support the company’s growth strategy. Financial terms of the agreement were not disclosed. Read more

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Genpact Wins Three Year Contract from New York Life Insurance
January 6, 2010

Genpact Limited (NYSE: G), a leader in managing business processes, today announced that it has been awarded a three year contract from Max New York Life Insurance Company Ltd. Under this arrangement, Genpact will provide Max New York Life with customer service related solutions in select geographies, employing multiple regional languages and sophisticated technology. Read more

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HCL signs deal with Equitable Life for $200 Million
November 23, 2009

London, Stockholm, Sunnyvale, CA and Noida, India – 23 November, 2009 – HCL IBS Ltd. part of HCL Technologies Ltd. (HCL), a leading global IT services provider, has been awarded a major service contract by Equitable Life Assurance Society (Equitable Life). The contract, which starts in March 2011, will deliver substantial cost benefits to Equitable Life’s policyholders through the transfer of core processing and support activities required to run its closed book of business. Read more

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IBM Japan Signs 9 Year Strategic Outsourcing Contract
November 12, 2009

TOKYO 10 Nov 2009: IBM (NYSE: IBM) today announced a nine-year strategic outsourcing agreement with Chugoku Bank, a major Japanese regional bank. Read more

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Wipro wins Outsourcing Engagement with DIAL
October 23, 2009

First of its kind JV structured around 10-years Total Outsourcing Engagement in the Airports space
Bangalore, India, October 22, 2009 Read more

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TCS signs multi-million dollar outsourcing deal with Singapore’s People’s Association
September 30, 2009

Singapore, September 30, 2009: Tata Consultancy Services (BSE: TCS.BO, NSE: TCS.NS), the leading IT services, business solutions and outsourcing firm today announced that it has been chosen by Singapore’s People’s Association, a statutory board under the Ministry of Community Development, Youth and Sports, to provide annual Application Management Services (AMS) for two years in a multi-million dollar deal. The People’s Association is a grassroots government organization in Singapore. Read more

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AP State Government awards the largest State Wide Area Network Project in India to TCS
September 24, 2009

Mumbai, September 23, 2009: Tata Consultancy Services (TCS), (BSE: TCS.BO, NSE: TCS.NS), a leading IT services, consulting, business solutions and outsourcing firm, announced today that it has won the country’s largest State Wide Area Network (SWAN) project from the State Government of Andhra Pradesh (AP) on a five-year Build, Own, Operate, and Transfer (BOOT) model. This is the fourth SWAN project TCS has bagged in a row, demonstrating wider acceptance of its expertise in the infrastructure management space.TCS is also implementing SWAN projects in other Indian states – Chattisgarh, Tamil Nadu, and Bihar. Read more

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