Business Daily from THE HINDU group of publications
Wednesday, March 21, 2007


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Subscription

Group Sites

News Update as at 14.00 hrs (IST)

Info-Tech
IBM deal valued at up to $800 million

MUMBAI: Idea Cellular Ltd order to outsource information technology services to IBM India is valued at between $600 million and $800 million, Mr Shanker Annaswamy, Managing Director, IBM India, said on Wednesday.

"The value of the order depends on Idea's business revenues and circle expansion", Mr Annaswamy said.

Earlier on Wednesday, IBM India, a wholly owned unit of International Business Machines Corp. (IBM), signed a 10-year pact to integrate, innovate and transform Idea Cellular's business processes and information technology infrastructure.

Prev: COAI disappointed over below than expected ADC cut
Next: IBM bags $600-800 m deal from Idea


Business Line | NUS Index |


In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Gold scaling new highs
More

In Depth

Bihar Diary
Orissa Diary
Gender Justice
Simple Economics
Tax Talk
More


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line