Vodafone in talks with IBM to renew ₹6600 Cr outsourcing contract

Vodafone India has started talks with software major IBM for renewal of a $1 billion (Rs 6,600 crore) outsourcing contract that is set to expire in June 2016, while also sounding out Wipro, Tata Consultancy Services, Infosys and Tech Mahindra,…

Tech Mahindra buys LCC for $240 million in largest Indian IT deal this year

In the largest acquisition in Indian software services space this year, Tech Mahindra will buy out US-based Lightbridge Communications Corporation (LCC) for US $240 million (over Rs 1,486 crore) in an all-cash deal. Greyhound Research CEO Sanchit Vir Gogia said…