How would Tata Consultancy Services fare if Citi changes?
If large parts of Citi’s business are sold out, new owners may not provide BPO services to TCS
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Citibank is committed to the 2.5-billion-dollar outsourcing contract with Tata
You would think a company that’s a stone’s throw away from ending up on the pink sheets would have figured out by now that going cheap really isn’t working out for them.
The real reason why Citibank is sticking with the 2.5-billion Tata contract is because when Pandit get’s his rear-end thrown out he has somewhere to land.
John