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TCS bags a multi-million dollar contract from Deutsche Bank
TCS has bagged a contract from Deutsche Bank to provide software solutions to Deutsche
Bank capital markets business unit. TCS will deliver a global application service desk and
IT infrastructure library services, besides other software solutions, to the bank at locations
across seven countries - the US, UK, Germany, Hungary, Philippines, Singapore and India.
TCS said it is a five-year, multi-million dollar contract but did not divulge any further
financial details. TCS will partner with Deutsche Bank to migrate to an ITIL-aligned model,
aimed at significantly improving service delivery through its framework of best practices,
which will help the company to be cost efficient. We maintain our Buy rating on the stock
with a target price of `1,368.
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
TCS bags a multi-million dollar contract from Deutsche Bank
TCS has bagged a contract from Deutsche Bank to provide software solutions to Deutsche
Bank capital markets business unit. TCS will deliver a global application service desk and
IT infrastructure library services, besides other software solutions, to the bank at locations
across seven countries - the US, UK, Germany, Hungary, Philippines, Singapore and India.
TCS said it is a five-year, multi-million dollar contract but did not divulge any further
financial details. TCS will partner with Deutsche Bank to migrate to an ITIL-aligned model,
aimed at significantly improving service delivery through its framework of best practices,
which will help the company to be cost efficient. We maintain our Buy rating on the stock
with a target price of `1,368.
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