TCS bidding for intl outsourcing contract: Srcs

By CROW -

CNBC-TV18 has learnt that Asia's largest IT firm Tata Consultancy Services, or TCS, may have made it to the final shortlist for a USD 1.5 billion outsourcing deal from UK financial services firm- Prudential.

While declining to comment on any specific deal, the UK Chief of TCS said that it was bidding for a large outsourcing contract in the financial services space.

“First of all, it is client confidential. The client truly believes that TCS not only offers solutions for today but also the future. It is in the banking, financial services and insurance sector,” said A.S. Lakshiminarayanan, VP & Country Manager, UK & Ireland, TCS.

CNBC-TV18 Disclaimer

This information is source-based and has not been provided to the stock-exchanges.

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