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Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile
Provider: Spark Capital Advisors(India) Private Limited
Provider: Motilal Oswal Securities Ltd.

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Tata Consultancy Services Ltd And Infosys Ltd Bags IT Contract From US-Based Utilities Firm-Business Standard

Thursday, 3 Oct 2013 07:42am EDT 

Business Standard reported that Infosys Ltd and Tata Consultancy Services (TCS), have bagged a contract from US-based Northeast Utilities to manage a part of its IT department, a source said. Northeast Utilities, which operates New England's (in the northeastern corner of the US) largest utility system serving over 3.6 million electric and natural gas customers in Connecticut, Massachusetts and New Hampshire, plans to cut 200 jobs over the next six months as it seeks to reduce costs. Financial details about the deal were not immediately available. 

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