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TCS gets $100 mn deal from UK’s 4U Group

29 Jan 2009 Evaluate

Tata Consultancy Services Ltd (TCS), India’s largest IT vendor has won $ 100 million or Rs 489 crore multi-year managed IT services deal from British telecom and financial services firm 4U Group Ltd. TCS employees in the UK will support and manage software applications, the IT infrastructure and data centres for the British retailer.

 

TCS employs around 4800 people in 65 locations in the UK. This contract demonstrates that while there is undoubtedly unrest in global markets, there is still interest and investment going into outsourcing contracts.

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TCS Share Price

2554.40 81.75 (3.31%)
15-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
TCS 2554.40
Infosys 1305.20
HCL Tech. 1451.30
Wipro 209.80
Tech Mahindra 1483.60
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