Outsourcing Contract News

Companies

Slowdown in US economy threatens TCS, Infosys, Wipro

Digital accounts for less than a third of overall revenue of Indian IT companies, including TCS, Infosys and Wipro. Any slowdown in the US economy will hurt their growth

3 min read4 Jan 2019
Industry

Larger outsourcing contracts may boost IT revenues in FY19

Tech firms, including TCS, Infosys and Wipro, generated more revenue than ever before from standalone outsourcing deals signed in 2018

3 min read2 Jan 2019
Companies

Wipro CEO’s friend helped win the Alight Solutions contract

FCM Consulting, founded by Mitchell Habib, facilitated transaction between Wipro and Alight Solutions for the $1.6 billion outsourcing contract

3 min read4 Sep 2018
Companies

Wipro bags its biggest-ever contract from Alight Solutions

Under the $1.6 billion, 10-year outsourcing contract, Wipro will provide a comprehensive suite of solutions services to the US-based Alight Solutions

3 min read3 Sep 2018
Companies

TCS’s market cap crosses Rs6 trillion as share prices surge 17% so far in 2018

TCS's market capitalization is now Rs6.07 trillion, making it only the second company to cross that milestone after Reliance Industries

2 min read24 Jan 2018
Companies

TCS wins $690 million outsourcing contract from M&G Prudential

Tata Consultancy Services (TCS) will use its insurance platform, BaNCS and Diligenta to largely do away with human interventions in completing many of the back-end claims processes of M&G Prudential

2 min read17 Jan 2018
Opinion

TCS-Nielsen deal: Year-end fireworks, but damp squibs to follow

The days of the mega deal are long dead, and these sorts of deals are remarkable standouts in today's world

5 min read26 Dec 2017
Companies

TCS wins record $2.25 billion Nielsen outsourcing contract

The renewal of the TCS-Nielsen deal is seen as a shot in the arm for Rajesh Gopinathan who took over as CEO in February from N. Chandrasekaran, now chairman of Tata Sons

3 min read22 Dec 2017
Companies

IBM’s India revenue tops $5 billion in FY17

Big Blue IBM now biggest IT services firm in the domestic outsourcing market

3 min read4 Dec 2017
Companies

Infosys CEO Vishal Sikka sees meaningful impact of automation by March 2016

Infosys CEO Vishal Sikka said he is pleased with the way the company is adapting to some of the disruptive technologies it has embraced

3 min read14 Oct 2015
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The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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