The company has been getting increasingly aggressive in the Indian market since it was split from Ebay and listed separately last year.
The Pune-headquartered IT firm did not disclose the size of the deal but said it would close in the fourth-quarter of its financial year.
TCS is the first IT company to report Q3 results and will set the tone for rest of the earnings season. Here are five things to watch out for.
India’s large pool of talent and the startup boom means that there are many potential TCS out there, waiting to happen, S Ramadorai said.
Wipro has appointed new leaders for its business application services and its global infrastructure business as the Bangalore-based IT firm begins its reorganization.
India’s largest conglomerate the Tata Group is seeking the help of startups to help it roll out its much-awaited ecommerce venture.
Healthcare IT firm CitiusTech, which raised $100 million in funding from General Atlantic last year, is looking at acquisitions and international expansion.
The industry body also said there was an urgent need to remove angel tax that hurts startups that need angel investment when financing from banks and venture capital funds is unavailable.
Last month, Tech Mahindra and auto company Mahindra & Mahindra bought 76% of Pininfarina in a joint venture.
According to Wipro executives that it is Abidali Neemuchwala's ability to deliver results that caught Azim Premji's eye.
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