TCS has signed a 15-year deal with Cardiff Council.

The country's largest software company Tata Consultancy Services (TCS) has signed a 15-year deal with Cardiff Council.

TCS will bring its global technical expertise and private sector commercial know-how for supporting the Council's IT infrastructure in its day-to-day operations and facilitate improved service delivery to citizens, Cardiff Council said in a statement on its website.

The deal size was, however, not disclosed.

Delhi airport outsourcing deal won by WIPRO

Wipro Ltd, India's third largest software exporter, said on Thursday it has won a 10-year technology outsourcing contract from the airport in New Delhi.

Mahindra Satyam wins $8 million in new contracts

Indian IT firm Mahindra Satyam said on Wednesday it had won 30 million dirhams ($8 million) worth of new contracts in the Middle East and North Africa region in the July-September quarter.

Mahindra Satyam is planning to double its business in the region in the next 18 to 24 months, said a company statement.

HCL Infosystems wins $114 million project

IT hardware firm HCL Infosystems has been awarded a 5.29-billion-rupee ($114 million) IT project for Rajasthan's power distribution utilities, a top official of the utilities said on Friday.

"We have awarded the order to HCL Infosystems," R.G. Gupta, chairman of Jaipur, Jodhpur and Ajmer Vidyut Vitaran Nigam Ltd, told Reuters over the telephone from the western Indian city of Jaipur.

The project involves applying technology to identify power losses across all cities and villages of Rajasthan and has to be completed in 18 months, he said.

A company spokesman declined to comment but said HCL Infosystems had bid for several R-APDRP (Re-structured Accelerated Power Development and Reform Programme) IT projects including the one in Rajasthan.

HCL Infosystems wins $114 million project

IT hardware firm HCL Infosystems has been awarded a 5.29-billion-rupee ($114 million) IT project for Rajasthan's power distribution utilities, a top official of the utilities said on Friday.

"We have awarded the order to HCL Infosystems," R.G. Gupta, chairman of Jaipur, Jodhpur and Ajmer Vidyut Vitaran Nigam Ltd, told Reuters over the telephone from the western Indian city of Jaipur.

The project involves applying technology to identify power losses across all cities and villages of Rajasthan and has to be completed in 18 months, he said.

A company spokesman declined to comment but said HCL Infosystems had bid for several R-APDRP (Re-structured Accelerated Power Development and Reform Programme) IT projects including the one in Rajasthan.

Infosys exceeded market expectations

Infosys exceeded market expectations and its own guidance in delivering strong September quarter numbers. Revenues for the quarter grew by 2.1 per cent sequentially to Rs 5,585 crore, while net profits grew by about a per cent to Rs 1,540 crore. This comes on the back of two successive quarters of decline.

Infosys Q2 results beats forecasts

Infosys Technologies, India's second-largest software services exporter, reported a 7.5 percent rise in quarterly profit, beating market estimates, as it won large outsourcing deals and pricing pressure eased.

The firm, which develops applications, designs supply chains and offers backoffice services, said net profit rose to 15.40 billion rupees ($332 million) in July-September, from 14.32 billion reported a year ago.

A Reuters poll had estimated a profit of 15.11 billion rupees for Infosys, which counts Goldman Sachs, BT Group, and BP Plc among its clients.

India's nearly $60 billion outsourcing sector has been hit in the global economic downturn as its core financial clients slam the brakes on technology spending and demand sharp price cuts.

Indian firms are also facing rising competition from the likes of IBM and Accenture, who have raided their home turf as they look for growth outside their mature markets.

Shares in Infosys, valued at about $28 billion, jumped 30 percent in July-September versus a 39 percent jump in the sector and a 18 percent rise in the broader market.

Wipro appoints Dr Henning Kagermann to its board

Bangalore, Sep 21 (PTI) Software giant Wipro announced that Dr Henning Kagermann, President of Acatech, a German Science and Technology academy, is joining its board of Directors.

Welcoming Kagermann to the board, Azim Premji, Chairman, Wipro Ltd. said, "We are delighted to welcome Dr Kagermann to our board. He brings in an unique combination of academic perspective, technical expertise and leadership experience. I am sure that Wipro will benefit from his rich knowledge, insights and wisdom."

Prior to joining Acatech, Kagermann was CEO of SAP AG. He joined SAP in 1982 and was initially responsible for product development in the areas of cost accounting and controlling.

He was also Professor at the University of Tu Braunschwleg and University of Mannheim, Germany.

Kagermann is currently a member of the supervisory boards of Deutsche Bank AG, Munich Re, Deutsche Post in Germany and in Nokia Corporation.

Source:ptinews