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After a year, Indian information technology companies are back to doing what they do best: Winning deals. While many of the deals closed during the year came at lower prices than earlier, the good news is that analysts believe prices are stabilising.
Take, for instance, HCL Technologies The company announced three large deals of over $100 million in the first half of this year. Wipro Technologies also managed to bag a five-year data centre and application management contract from BJ Wholesale Club.
Infocrossing, the company acquired by Wipro, managed to get a contract extension of four years for $34 million from Sunoco, a leading manufacturer and marketer of petroleum products.
Last month, TCS Infosys and Wipro each won a part of the $1.5-billion outsourcing contract from British oil and gas firm BP. |
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