Archive for the 'IT' Category

TCS wins $200mn deal in Mexico

Tata Consultancy Services (TCS) today announced that it had won a four- year contract of over $200 million from Social Security Institute of Mexico (IMSS).
According to a release issued by TCS today, with over 3,70,000 employees and providing coverage to over 50 million Mexican citizens, IMSS is the largest organisation of its kind in Latin […]

MindTree Consulting acquires Purple Vision

MindTree Consulting today announced the signing of a definitive agreement to acquire 100% of the equity in TES-PV Electronic Solutions , the India-based, fully-owned subsidiary of TES Electronic Solutions SA.
MindTree will acquire Purple Vision in an all-cash deal of $ 6.55 million, and expects to expects to close the deal in 4-6 weeks.  The transaction […]

TCS signs $1.2bn deal with Nielsen

TCS signs $1.2bn deal with Nielsen
The Nielsen Company, a leading provider of consumer and media information services, and India’s largest IT services provider Tata Consultancy Services (TCS), are entering into an agreement for outsourcing a portion of Nielsen’s information technology (IT) and operations functions worldwide.
Under the 10-year agreement, valued at $1.2 billion, TCS will assume […]

Dhanus Tech gets listed at Rs 295

Chennai-based Dhanus Technologies (DTL), a company engaged in telecom, IT enabled services and BPO business, got listed at its issue price of Rs 295, on the National Stock Exchange (NSE).
The company touched a high of Rs 325 at the NSE, representing a 10% premium over its issue price of Rs 295. However, as the market […]

Infosys in race for multi million dollar deal

Infosys is reported to be in the race of bagging multi-million Dollar deal, that could add USD 1 billion to its topline over the next few years, reports Economic Times.
The company is looking for 12 to 14 deals, and around 70% of these would be above the USD 100-million range.Recently, the IT giant bagged […]

Tutis Technologies

Tutis Technologies
Tutis Technologies Ltd has informed BSE that the Subsidiary of the Company has executed an MOU on October 04, 2007 with O’Connor Davies Financial Services LLC (ODFS) of USA, a very large CPA Firm, having many big Hedge Funds as Clients, to have strategic partnership and form a new Joint Venture Company (JVC) […]