Thursday, March 20, 2008

$350 Mn deal from BT to Tech-Mahindra

India's sixth-largest software exporter by sales, is a joint venture between BT and Mahindra & Mahindra Ltd., India's biggest utility vehicle and tractor maker. The company develops software for telecom service providers and telecom equipment makers and its clients include BT, AT&T Inc., Alcatel SA, and Vodafone. Under the current deal, Tech Mahindra will provide application maintenance and support services for BT, the Indian company said in a notice to the Bombay Stock Exchange

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