16 March 2011

Angel Broking- TCS signs a multi-million dollar deal with Royal Haskoning

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TCS signs a multi-million dollar deal with Royal Haskoning

TCS has signed a multi-year multi-million dollar IT infrastructure deal with
Netherlands-based Royal Haskoning, an international engineering and environmental
consultancy firm. The scope of the project covers end-to-end IT infrastructure services,
which will be provided from TCS’s global delivery centres in the Netherlands, Hungary and
India. Through this deal, TCS will be providing various services such as a multi-lingual
service desk, data centre hosting and management, end-user computing services,
application support services and transformation solutions. The services will be delivered
using TCS’s proprietary White Box engagement model. This will aid Royal Haskoning in its
plans for rapid growth across markets by providing a flexible and controlled support
environment. We recommend Buy on the stock with a Target Price of Rs.1,287.

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