More European banks could take a lead from ABN Amro and award large outsourcing contracts to Indian technology services companies according to Infosys, India's second largest technology company.
Infosys has just announced better than expected results in their latest quarter and have raised their guidance going forwards.
It is interesting to see how Asia is lining up to compete globally in the technology sector, with India as the technology services giant, Japan and S Korea as the consumer electronics giant and potentially China as the new hardware giant.
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