Hexaware Technologies today announced that they have signed the single-largest German information technology order for any Indian company worth Rs 110 crore with the largest finance leasing company in Germany, Deutsche Leasing.
The long-term agreement will see Hexaware assist Deutsche Leasing in the restructuring and modernisation of its European operations.
A top official of Hexaware also announced that it was close to clinching another deal in Germany.
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Rusi Brij, chief executive officer of Hexaware said the company expected between 17-20 per cent of its revenues to come in from Europe during this fiscal while the company expected to reverse the trend of posting quarterly losses with total revenues for the fiscal expected to be in the region of $52-$53 million.
The project Brij said would be executed out of the company