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Infosys gains after signing 5-year contract with BP

New Delhi: India's second largest IT services company Infosys today surged 2 per cent to Rs 3790 on the BSE in the early morning trade after the company signed a five-year group-wide IT outsourcing services

India TV Business Desk India TV Business Desk Updated on: September 05, 2014 12:10 IST
infosys gains after signing 5 year contract with bp
infosys gains after signing 5 year contract with bp

New Delhi: India's second largest IT services company Infosys today surged 2 per cent to Rs 3790 on the BSE in the early morning trade after the company signed a five-year group-wide IT outsourcing services contract with BP (formerly British Petroleum).

 
The deal will include application support, development as well as enhancing business applications for all of BP's key IT operations.
 
Infosys said the new agreement will be effective from September 1, 2014 and the geographical scope would include BP's main facilities in Houston, Texas, and in the UK, as well as support in locations as diverse as Azerbaijan, Angola, Brazil and Singapore.

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