India's TCS, Infosys, Satyam in race for 125 mln usd ING deal - report

BANGALORE (Thomson Financial) - Top IT services companies are in the race to win a 125 mln usd IT outsourcing contract from Dutch insurance and banking company ING Group, reported the Economic Times.

India's Infosys Technologies Ltd (nasdaq: INFY - news - people ) has already put in a bid for the three-year contract while Tata Counsultancy Services and Satyam Computer Services Ltd (nyse: SAY - news - people ) are also reported to be pitching for it, the paper said.

Even European players like Capgemini, LogicaCMG and Atos Origin are looking at the contract, the paper reported, citing industry sources.

If an Indian company gets the deal, it would be one of the largest IT deals from a European BFSI (banking, financial services, insurance) sector after the over 2 bln usd ABN Amro (nyse: ABN - news - people ) deal, which was spread among International Business Machine Corp, TCS, Infosys and Patni Computer System Ltd.

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