TCS bags $120mn deal from Chrysler

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India’s largest software exporter Tata Consultancy Services (TCS) has announced that it has signed a multi-year contract with Chrysler to provide a comprehensive portfolio of IT services.

Chrysler LLC is a wholly owned subsidiary of Chrysler Holdings LLC, which is owned by Cerberus Capital Management LP and Daimler AG.

According to the media reports the deal is worth $120 million. TCS will deliver application maintenance and support services to Chrysler.

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