Tuesday, April 3, 2012

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Infosys, TCS, Sify bag Postal Department's technology projects

The Department of Post (DoP) has issued Letters of Intent (LoIs) to Infosys, TCS, Sify and Reliance Communications Infrastructure for different technology advancement projects.

"Department is trying to induct technology in a big way. There are eight RFPs (Request for Proposal) we have floated and issued Letter of Intent in five (projects) to companies which include Infosys, TCS, Sify and Reliance," Secretary (Posts) Manjula Parasher told reporters here.

The Department has got approval of Rs 1,877.2 crore to be spend across these projects over period of two years and will seek additional funds when the need arises.


  1. Infosys Senior Vice President and Head of Infosys Labs and Product R&D Subu Goparaju said, "The focus of Infosys 3.0 strategy is on creation of innovative products leveraging technologies like cloud computing, mobility, analytics, and social media. A competent team is a core requirement and therefore we are looking at expanding the present team of 500 engineers to 1,000 over the next two years.

  2. india is headed into recession in next 2 years
    1. inflation
    2. policy crippling by politics
    3. trade deficit
    4. large debts in corporates
    5. The tax payers money is being looted in Air india & BSNL
    6. No Foreign investment
    7. No infrastructure growth plans by government

  3. read the news and got to know what going on in the multinational companies like tcs infosys

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