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Our Bureau

Mumbai, Nov. 15 Tata Consultancy Services (TCS) has secured a four-year contract valued at over $200 million (Rs 800 crore) from the Social Security Institute of Mexico (IMSS).

As per the engagement, TCS will serve as the IT services partner for IMSS and its affiliates, TCS said in a communication to the bourses.

The company will provide end-to-end IT services including application maintenance and support, custom software development, business analysis services, management of strategic IT programmes and value-added.

“This agreement with IMSS is the largest deal for us to date in Latin America, coming after similar large engagements we have won in recent years with ABN Amro Bank in Brazil, Registro Civil in Chile and Banco Pichincha in Ecuador,” said Mr Gabriel T. Rozman, President of TCS Iberoamerica (Latin America, Spain & Portugal).

The TCS stock was down by 0.4 per cent to close at Rs 978.9 on the BSE today.

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