 "Infosys gains 3% on winning multi-year deal with Daimler")
Infosys has moved higher by nearly 3% to Rs 3,323, extending its Tuesday’s 1.2% gain on NSE, after the company said it has entered into a multi-year agreement with German auto giant Daimler for the management of infrastructure services and data centres.
This deal will cover management of infrastructure services and data centres, providing e-collaboration and middleware services as well as overseeing database operations, Infosys said in a statement.
The agreement was signed in the second quarter of Infosys' financial year 2013-14 and the transition was completed and steady state operations started in first quarter of 2014-15, it added.
Financial details of the deal were not revealed.
The stock opened at Rs 3,249 and a total of 540,000 shares changed hands on the counter so far on NSE and BSE.
This deal will cover management of infrastructure services and data centres, providing e-collaboration and middleware services as well as overseeing database operations, Infosys said in a statement.
The agreement was signed in the second quarter of Infosys' financial year 2013-14 and the transition was completed and steady state operations started in first quarter of 2014-15, it added.
Financial details of the deal were not revealed.
The stock opened at Rs 3,249 and a total of 540,000 shares changed hands on the counter so far on NSE and BSE.