Indian outsourcers vie for $1 bn BP deal: Report

India`s top outsourcers, Tata Consultancy Services and Infosys Technologies are vying with global rivals for up to USD 1 billion deal from oil major BP, a media report said on Friday.

IT industry cut costs, but not reduced strategic investments

The Indian IT industry, which has grown rapidly due to innovation and low cost products, has not reduced strategic investment despite cutting costs, Infosys Technologies Chief Executive and Managing Director S Gopalakrishnan said.

Infosys wins 10-year e-gov contract from Commerce Ministry

Infosys Technologies, has bagged a 10-year e-governance contract from the Ministry of Commerce to develop an e-business portal that will give businessmen easy access to government information.