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TCS Is Close To Winning Rs 1,100-crore Systems Integration Contract From India Post

Tata Consultancy Services (NYSE:TCS), one of top most IT firms in India, is close to bagging a Rs 1,100-crore systems integration contract from India Post as part of the latter's drive to modernize its technology infrastructure, it is reliably learnt. India Post has decided to go for Tata's multi-faceted IT wing on the basis of a quality-cum-cost basis, a methodology in which weightage is given to both technical and pricing aspects while evaluating an e-governance bid. The contract's tenure is of 5 year and will make TCS accountable to change the facet of India Post's operations from status 'legacy' to a multi-faceted IT automated and enabled system, which was decided and announced by the Department of Posts (DoP) 3 years ago. Last week, DoP issued a Letter of Intent TCS, who is expected to mutually ink the contract with the former in next 2 weeks, sources close to one of the bidders told media. Apart from modernizing the installed systems, TCS will also be given onus to setup a customer services call center and manage the India Post Web site. To support the entire IT restructuring within DoP, TCS will be supported by Sify, who has been given the responsibility of network integration and Reliance Communications Infrastructure has been roped in as the data center services provider. Once the project is completed, the DoP is expected to become the largest electronic network in the country

Source - TCS