Friday, May 16, 2008
Tech Mahindra gets $700 m contract from BT
Telecommunications firm Tech Mahindra Ltd has bagged a $700-million
contract from BT Group to improve the latter's IT infrastructure, the
Economic Times newspaper reported on Friday.
"At any given time we are chasing big deals and long-term contracts,
but this is purely speculative," the report quoted C.P. Gurnani,
president for international operations, Tech Mahindra, as saying.
BT is Tech Mahindra's largest client, accounting for nearly 60 per
cent of its business, the newspaper said.
When contacted, a company spokesperson declined to comment on the
report.
Subscribe to:
Post Comments (Atom)
News Flash from IndiaEarnings
 |
Saraswat Bk seeks RBI nod to acquire ailing South Ind Co Bk |
|
Telekom Malaysia to pick up addl 15% stake in Idea: Srcs |
|
Hind Rectifiers brd meet on June 24 to consider bonus issue |
|
Inflation will touch double digit mark next week: I-Sec |
|
NY Times in talks to buy 5% stake in Deccan Chron Arm |
|
Inflation for wk ended Apr5 revised to 7.71% vs 7.14%earlier |
|
Inflation for week ended May 31 at 8.75% vs 8.24% |
|
Indian economy won't be as badly hit as the global eco:DCB |
|
Over a period of time mkt may drift down to 4060 :Atul Suri |
|
Shriram Cap likely seller in Shriram City Un Fin block deal |
|
Shriram City Union Fin changes 12.2% Eq via block deal |
|
No big rally in mkt till oil pices cool off: Lehman Bros |
|
BoJ keeps key interest rate unchanged at 0.5% |
|
J&K Bank raises Prime Lending Rates by 100 bps to 14% |
|
L&T aays plan to list IT sdubsidiary in FY09 |
|
IFCI okays initiation of legal process to align LIC stk |
|
Rupee opens at 42.82/USD vs 42.84/USD on Thursday |
|
Karnataka Bank board approves 1:5 rights issue at Rs 100/sh |
|
45.37 lakh Suzlon shr change hands on BSE at Rs 250.95/sh |
|
Oil India plans to launch IPO by Sep: NW18 |
|
ABG Shipyard bags order worth Rs 127 Cr |
|
Nutrient base pricing is good for industry:RCF |
|
FM says avg prc of complex fert to decline by Rs 1416/t |
|
Deccan Chronicle likely to place Sieger Eq at EV of USD750 m |
|
BNP Paribas see 25 bps CRR hike before RBI July policy |
| Disclaimer | |
No comments:
Post a Comment