Friday, January 30, 2009

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TCS leads race for Sony's $100-million outsourcing deal

India’s largest software exporter TCS is leading the race to win an outsourcing contract worth $60-100 million from Sony, the Japanese electronics giant struggling under huge losses and a high cost operating structure.

“As part of its attempts to reduce cost of managing IT operations, Sony is discussing a contract to manage its desktops and servers over 3-5 years,” a person familiar with the discussions told ET on condition of anonymity.

TCS is seen as a frontrunner because of its existing relationship with the electronics maker. “Sony also works with Satyam for SAP development and maintenance. However, current developments at the scandal-hit company are not going to help it win new projects,” said a senior executive at a top Indian tech firm requesting anonymity.


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