IT major Tata Consultancy Services (TCS) has won a landmark deal worth a whopping $100 million from the state-run Bank of China
Media Release
Dec. 3, 2006

IT major Tata Consultancy Services (TCS) has won a landmark deal worth a whopping $100 million from the state-run Bank of China (BOC), industry sources said.

It is being dubbed as one of the major IT-related deals signed by a Chinese bank ahead of the opening up of the country's banking sector to foreign competition by December 11 under Beijing's commitment to the World Trade Organisation (WTO), industry sources said.

"It is a major breakthrough for Indian IT companies, who are aggressively expanding their operations and bidding for government contracts in China," a software expert said.

Under the just-inked deal, the Indian IT giant will provide a range of banking solutions to BOC. However the details are not yet known.

IT major Tata Consultancy Services (TCS) has won a landmark deal worth a whopping $100 million from the state-run Bank of China
Media Release
It is being dubbed as one of the major IT-related deals signed by a Chinese bank ahead of the opening up of the country's banking sector to foreign competition....
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largest drug maker Ranbaxy today acquired South African drug firm 'Be-Tabs Pharmaceuticals (Pty) Ltd' for $70 million
Media Release
Be Tabs is the 5th largest generics player and the largest Penicillin manufacturer in South Africa. It has a strong Over The Counter portfolio with significant brand recognition, Ranbaxy said in a statement.
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Wipro Technologies ready to help customers adopt 2007 Microsoft Office System, Exchange Server 2007 and the Windows Vista operating system
Media Release
Wipro offers business customers technical experience, product knowledge and process familiarity coupled with domain proficiency and toolsets that enable rapid deployment of 2007 Microsoft Office system, Exchange Server 2007 and Windows Vista....
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Global textile giant, China has amassed a $ 105 billion surplus in its textile trade in the first ten months of the year
Media Release
The import and export value of China's textile and clothing products rose 17.67 per cent from a year ago to $ 135 billion, accounting for 9.48 per cent of the total import and export of the country.
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TCS, Infosys and Wipro may soon join the league of top 10 most valued firms globally in terms of market capitalisation
Media Release
Painting this rosy picture for the domestic IT space was none other than Wipro Chairman and India's richest tech titan Azim Premji while speaking at the India Economic Summit here today.
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India's third largest software exporter Wipro is expecting more incremental revenues from Europe
Media Release
India's third largest software exporter Wipro is expecting more incremental revenues from Europe in the days ahead, company chairman Azim Premji said today.
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Wipro gets sued for encouraging employees to engage in extra marital affairs with ‘dating allowance’
Media Release
A Wipro software engineer's wife who has filed a suit against her husband as well as Wipro chief Azim Premji, alleging her marriage was on the rocks due to the company's 'dating allowance'....
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