Thursday, November 09, 2006

Indians win $191M Qantas deal

TATA Consultancy Services has trumped competitor Satyam in a multi-million dollar outsourcing deal with Qantas, grabbing the lion's share of the $191 million outsourcing deal.
Senior executives from the two Indian firms signed contracts with the airline this afternoon, announcing details of the deals on the Bombay Stock Exchange.
TCS picks up $120 million in work, while Satyam's share is worth $71 million. The contracts run for seven years.
The Australian Services Union, which represents the airline's IT staff, said it had not been briefed on the signing.
The Qantas contract is understood to be the largest Indian offshoring deal in Australian history.
09/11/06 Simon Hayes/Australian IT, Australia
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