Archive for the ‘Market Place’
Market Place
Deals/Contracts
Wipro awarded 10-year IT Outsourcing Contract by Punjab and Sind Bank
Wipro has been awarded a 10-year full scope IT outsourcing contract by the Punjab and Sind Bank. Wipro will enable the bank to centralise operations for its branches using services such as systems integration, provisioning [...]
Market Place
MoU’s & Tie-ups
Wipro inks MoU for low carbon tech development
Wipro Technologies has signed a Memorandum of Understanding (MoU) to enable innovation in low carbon technologies, including those in IT-BPO services with the UK Trade & Investment (UKTI) organisation. The MoU outlines the manner in [...]
Market Place
Expansions and Acquisitions
Cambridge Tech to buy German firm
Cambridge Technology Enterprises Limited (CTE), a Hyderabad-based provider of service-oriented architecture-based solutions, has entered into a definitive agreement to acquire SmartShift GmbH of Germany, a provider of tools-based modernisation services for IT systems. The transaction is [...]
Market Place
Expansions and Acquisitions
Wipro to set up Development Centre in Australia
Wipro, is expected to launch its 150-seat software development centre at Melbourne this December. The new centre will strengthen the company’s Australia delivery capabilities and boost its presence in the country. Nearly 50 per [...]
Market Place
Expansions and Acquisitions
Ness Tech expands Indian operations
Ness Technologies, an Israel based IT and business services provider, has announced the expansion of its India operations. The company has set up a new facility in Bangalore (India), which currently has 300 seats that will be scaled up [...]
Partnerships, Deals and Contracts
IBM signs USD 15 million outsourcing agreement with Eureka Forbes
IBM has signed a five-year IT outsourcing agreement worth USD 15 million with Eureka Forbes. As a part of the deal, IBM will provide business consulting, package implementation, infrastructure and application management services to Eureka Forbes. IBM will also leverage its [...]
Market Place
Partnerships, Deals and Contracts
Educomp bags INR 84 crore order from Gujarat Government
Educomp Solutions, a New Delhi-based IT infrastructure provider focusing on the schools segment, has bagged an INR 83.82 crore order from the Gujarat Government. As a part of the contract, Educomp will introduce computer aided learning for [...]
Market place
Partnerships, Deals and Contracts
HCL, RDA sign seven-year, USD 350 million ITO contract
HCL Technologies has signed a seven-year global IT outsourcing services engagement with the Reader’s Digest Association (RDA) worth USD 350 million (around INR 1,780 crore). HCL will provide application development and infrastructure support across [...]
Market Place
Expansions
Accenture to expand operations in China
Accenture, a consulting, IT, and outsourcing services provider, is planning to expand operations in China by establishing a global delivery centre in Chengdu, which is expected to offer BPO services. The move is in line with the company’s regional and global development initiative. The company selected [...]
Market Place
Deals and Contracts
IBM signs IT outsourcing deals with Indian banks Madhav Nagrik Sahakari Bank and Kotak Mahindra Bank Limited
IBM has signed a five-year IT outsourcing agreement with the Madhav Nagrik Sahakari Bank, a cooperative bank in the state of Rajasthan in India. As a part of the agreement, IBM is expected [...]
Market Place
Expansions & New Centres
AT&T opens data centre in Bangalore
AT&T Inc. announced that it has opened its first data centre in Bangalore. The new data centre will help meet the growing demand from multinational customers in India for online data centres with highly resilient facilities, a wide range of
IT infrastructure management services, supported by customer [...]
