Tata Consultancy Services is in the final stages of negotiations with Deutsche Bank for an outsourcing deal estimated at around USD 1 billion. This can be the biggest outsourcing deal won by an Indian information technology company if TCS bags the contract. TCS had signed a USD 848-million deal from the UK-based Pearl Group in October last year.
“TCS is in close negotiations with Deutsche Bank for the outsourcing deal. TCS is the only company in the fray, and if it is successful, it will be able to wrap up the deal in a month,” a source close to the development said.
The processes to be outsourced to India could not be ascertained at the moment, but sources said they could range from sales and collections to processing of financial data.
