A $ 1.5 billion deal has been signed between India's second-largest software exporter, Infosys, and American investment firm Vanguard. This may be the biggest deal yet for Infosys. According to the information received, the contract with the US investment firm is expected to be done in ten years and the transaction cost could increase by more than $ 2 billion. In the year 2018, Infosys had signed an agreement with Verizon, whose price had increased to $ 1 billion in 2019.

The company won $ 1.7 billion in deals in the three months of April-June, but Infosys said it did not include the deal with Vanguard. Indian IT will help Vanguard's business, including major software platforms, administration, and associated processes. Vanguard Infosys also has an investor. In the week that followed the announcement of the deal, Infosys shares were seen rising.

Infosys company announced the June quarter results last week. The company's net profit at this time was Rs 4233 crore. Whereas in the command quarter of last year, this figure was Rs 3798 crores. There was an increase of 11.4% in consolidated net profit. Revenue from operations increased by 1.7% to Rs 23,665 crore. Quarter-on-quarter dollar revenue fell 2.4% to $ 3,121 million. During the quarter, currency revenue fell 2% sequentially. In this context, the company's CEO and MD Salil Parekh has said, 'Our Q1 results are a clear testimony to the deep understanding of the business priorities of the customers. It also shows the remarkable dedication of our employees and leadership during this period. '

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