TCS in $250-mln deal with Tata Teleservices

MUMBAI (Reuters) - Private telecom service provider, Tata Teleservices Ltd., said on Wednesday it had outsourced its IT infrastructure management to Tata Consultancy Services (TCS), the top software services exporter.

The contract -- which includes services for Tata Teleservices (Maharashtra) Ltd. (TTML) -- is estimated at about US$250 million over five years.

Shares in Tata Consultancy rose 0.9 percent to 1,475 rupees and shares in Tata Teleservices (Maharashtra) rose 8.3 percent to 32.65 rupees in a firm market.

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