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    • TCS bags 5-year contract from UK Home office

      The big corporate story today, IT major TCS has bagged yet another contract from the UK Government.

    • Expecting growth in profitability in few quarters: Mastek

      Mastek recently won an eight million pound multi-year order which will boost the business. Fareed Kazani, group Chief Financial Officer & Director Finance says that he is expecting the order to be delivered by June 2012, after which the company has hopes of expanding its business.

    • New 8m-pound UK order may see Mastek posting growth next yr

      Mastek's UK arm has signed a multi-year framework agreement for IT Services from a UK company, reports CNBC-TV18's Reema Tendulkar. The IT solutions provider has received a minimum commitment of 8 million pounds.

    • Mastek expects less revenue from Capita; stock reacts

      Mastek touched an intraday high of Rs 140.65 and an intraday low of Rs 133. At 10:02 hrs the share was quoting at Rs 140.50, up Rs 3.25, or 2.37%. The company expects less revenue from its partnership with Capita. It expects impact of 1.2-1.4 million pounds per quarter from Apr-June quarter, reports CNBC-TV18.

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