Sunday, January 4, 2009

Infosys Bags Five-Year, Multi-Million Dollar Deal From AstraZeneca

British drug maker AstraZeneca has awarded India's Infosys
Technologies Ltd. a five year, multi-million dollar contract for
back office work, the companies said Monday.

They did not specify the dollar value of the deal.

Under the agreement, Infosys will deliver application maintenance
services to AstraZeneca' s global operations in areas including
manufacturing, supply chain, finance, and human resources.

The deal comes as India's outsourcing companies struggle to cope
with the global meltdown. Wall Street firms have long dominated the
client lists of India's top outsourcers, who are now trying to
diversify revenue streams away from their troubled financial
services clients.

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