Infosys BPO, Royal Philips extend pact

Infosys BPO, the business process outsourcing subsidiary of Infosys, has announced that Royal Philips of the Netherlands has extended its existing seven-year outsourcing agreement with Infosys for an additional five years. Infosys BPO had originally entered into a seven-year contract with Royal Philips in July 2007, to provide finance, accounting and transactional procurement services. It has now been extended till June 2019.