NEW DELHI: Tata Consultancy Services , India's leading software services exporter, said on Wednesday it won a $2.2 billion order, boosting its shares more than 3.5 percent in a flat market.
The 15-year order from UK-based pensions and insurance provider Friends Life for TCS unit Diligenta comes as the IT sector looks to overcome stiff competition and a gloomy economic outlook.
TCS and local rivals Infosys and Wipro provide a host of IT services to Fortune 500 firms, but face stiff competition from global players including IBM and Accenture for large outsourcing deals.
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