The Times of India has reported that the Macquarie Group, an Australian financial services provider, will decide between Infosys and Accenture for an IT outsourcing contract worth $150 million.

The five-year long contract will cover app development, testing and infrastructure management. Both companies have had dealings with the Australian giant in the past, where Infosys secured a $25 million BPO deal in 2012 and Accenture assisted the Group with core banking implementations.

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