Patni wins Rs145 crore contract from 2e2 for five years
Moneylife Digital Team 19 November 2010

IT major Patni Computer Systems Ltd said it has won a five-year contract, worth more than £20 million (more than Rs145 crore) from UK-based IT services provider 2e2.

The contract will provide a range of support services for 2e2's end-user clients and the delivery of in-house support services.

The deal has the potential to scale-up rapidly in the first two years, the company said in a statement.

Patni anticipates starting to provide initial services under this new contract before the end of the year.

On Friday, Patni declined 2.12% to Rs467.75 on the Bombay Stock Exchange, while the benchmark Sensex closed 1.73% down at 19,585.

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