Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

Buzzing IT Stocks on 29th,APR 2008

1 min read

 
Country's largest software exporter, Tata Consultancy Services (TCS) has informed that the company has secured an eight-year end-to-end IT applications services contract from Scottish Water, a UK-based public sector water utility firm, worth Rs 454 crore (£60 million).

Under the terms of the contract, TCS will consolidate Scottish Water's existing applications and transform information management to enhance delivery of IT services to the business. The tender involved 136 companies.

The deal, apart from delivering an extended level of service, will also save Scottish Water, which serves 5.5 million customers in Scotland, a minimum of £8 million (Rs 63.2 crore) in operating expenditure over the next eight years.
 
 

Satyam Computer Services Limited has signed a framework agreement with World's largest steel maker, ArcelorMittal as one of the only two global IT services providers to consolidate sub-contractors’ activities.

This agreement will focus on enhanced application support, cost advantages, reduced vendor management overhead, dependable partnership for future enhancements and IT Convergence initiatives for ArcelorMittal.

 

Tech Mahindra enters strategic partnership with Veracode

India’s leading IT and Business solutions provider for the telecommunications industry, Tech Mahindra, has entered into a strategic partnership with US-based Veracode Inc., the world’s leader for on-demand application security testing solutions.

 

3i Infotech, an IT solutions provider and software product company has informed that the Company has signed an agreement to acquire 100% shares of Regulus Group LLC (Regulus), an independent remittance and document processing services provider, for a total consideration of $100 million.

Under the terms of agreement, the company has proposed to acquire 100 per cent equity stake of Regulus, including the company's products, trademarks and product brands.

 

Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

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