2/6/08

HCL TECH POISED TO WIN $1 Bn OUTSOURCING DEAL

Information technology services provider HCL Technologies is close to clinching a $1 billion (about Rs 3,950 crore) outsourcing contract from a European telecommunications company.According to sources, the application development deal could be spread over a period of six years and touch $1 billion from its initial value of $500 million (about Rs 1,950 crore).

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