Infosys inks applications development deal with Volvo
MUMBAI (Reuters) - Infosys (INFY.NS), India's second-biggest IT outsourcer by revenue, said on Monday it has won a multi-year contract from Volvo Cars (VOLVb.ST) to provide application development services for its global operations.
Infosys will provide applications to support multiple operations, including marketing and sales, customer service, manufacturing, product development and corporate functions, it said in a statement. No financial details of the deal were disclosed.
Infosys has suffered a string of disappointing earnings results after focusing on proprietary software at the expense of bread-and-butter outsourcing contracts.
(Reporting by Siddesh Mayenkar; Editing by David Goodman)
- Tweet this
- Share this
- Digg this
Trending On Reuters
A brief meeting between India's Prime Minister Narendra Modi and his Pakistani counterpart appears to have salvaged a summit of South Asian leaders, with all eight countries clinching a last-minute deal to create a regional electricity grid. Full Article
Forever21 sets sights on Indian cities, but please hold the hot pants Full Article
Japan inflation slows in October, output and spending show signs of recovery Full Article