www.expressindia.com - Weather | Horoscope | Stocks | RSS
expressindia web city
HomeBlogsCricketAstrology TendersClassifieds Reader Comments Hotels
Sign In / Register | Archive
Expressindia » Story

HCL bags $350 mn Readers' Digest deal

Font Size

Agencies

Posted: Mar 16, 2009 at 1454 hrs IST

New Delhi Software exporter HCL Technologies on Monday said it has bagged a 350-million-dollar IT outsourcing services deal from media and marketing house Readers Digest Association.

As part of the engagement, HCL Technologies would provide application development and infrastructure support across the application stack of Oracle, open technologies, main frame, infrastructure support for network, security, storage, end user computing and data centres, HCL said in a statement.

HCL would also take a number of RDA employees on its rolls, as per the seven-year deal.

The deal comes amid the Indian IT industry struggling to clinch big outsourcing deals due to the current global financial crisis.

RDA Senior Vice President for Global Operations (IT and Business Redesign) Al Perruzza said, "IT is a key enabler to our business. We expect that HCL will bring down cost of operations significantly, while improving services and bringing technology and capabilities to transform our IT functionality and service."

On the sourcing side, HCL would be taking over several existing IT contracts from RDA and would manage them over the engagement period.

"RDA partnership is a unique service offering in which HCL blends all its outsourcing strengths applications and infrastructure capabilities, industry knowledge, and global reach, to help RDA achieve fundamental transformation at the enterprise level" HCL Technologies Corporate Vice President Sanjeev Nikore said.

Discuss this story on expressindia forums
Post Comments
Name* Email ID*
Subject* Country*
Message*
Characters remaining
 
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
I agree to the terms of use.

Latest News

Business

Showbiz

Sports

No knowledge of threat to Rushdie's life: Maharashtra police

Is Modi fasting to atone for 2002 riots? Cong

BJP fielding Uma shows 'bankruptcy' of its leaders in UP: Digvijay

Team Anna advocating un-Gandhian law: Arundhati Roy

Teenager raped by two youth in UP

2G: Court reserves order on Swamy plea against PC till Feb 4

Priyanka Gandhi among 40 star campaigners of Congress in UP

More
© 2011 The Indian Express Limited. All rights reserved
Advertise With Us | Privacy Policy | Feedback | Express Group | Site Map