DSQ Software gets $100 m. US order

CHENNAI: India's DSQ Software said on Tuesday it had bagged a five-year, $100

million contract to provide electronic commerce services to a US-based insurance

company, its largest project ever.

DSQ Software said in a statement that over 80 per cent of the value of the

contract will be achieved through offshore development.

Its shares rose as high as 4.87 per cent or Rs 19.95 to Rs 429.50 shortly

after the announcement, while the Bombay exchange index was up 1.17 per cent.

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