Friday, November 10, 2006

TCS, Satyam bag Rs 645 cr contract from Qantas
Tata Consultancy Services and Satyam Computers, the country’s largest and fourth largest software exporters respectively, on Thursday said that they have bagged a Rs 645 crore seven-year contract from Australian airline Qantas. While TCS’ share in the contract is valued at Rs 402 crore, Satyam’s share in the deal amounts to Rs 243 crore. The Tata Group company would shoulder as much as 75% of the applications services and transformation (AST) outsourcing programme of Qantas. The deal involves providing support to Qantas’s key IT applications for airport operations and commercial systems.
Tata Consultancy Services and Satyam Computers, the country’s largest and fourth largest software exporters respec- tively, on Thursday said that they have bagged a Rs 645 crore seven-year contract from Australian airline Qantas. While TCS’ share in the contract is valued at Rs 402 crore, Satyam’s share in the deal amounts to Rs 243 crore. The Tata Group company would shoulder as much as 75% of the applications services and transformation (AST) outsourcing programme of Qantas. The deal involves providing support to Qantas’s key IT applications for airport operations and commercial systems.

source: Financial Express (10/11/2006)

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