Outsourcing Times

June 18, 2004

$150 M Outsourcing Deals In L&T Infotech’s Kitty

The Financial Express reports:

"L&T Infotech, a 100 per cent subsidiary of the $2 billion Larsen & Toubro Ltd, has bagged outsourcing orders worth $150 million from two Fortune 500 companies...

"Sources told eFE that the company has bagged two orders from two Fortune 500 companies. One of the orders is worth $50 million over a three-year period while the other order is worth $100 million for a five-year period. Both the orders, they added, have the scope to grow to much bigger deals in the future."

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June 18, 2004 in Corporate | Permalink

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