Infosys signs $454 million partnership with Danske Bank for digital transformation.

Infosys is the latest IT services company to land a large contract amid a downturn in the industry.

The announcement comes one week after TCS, a larger rival, won a $1.1 billion contract from the UK’s NEST.

The Indian company will also purchase the 1,400-person IT center for Danske Bank in Bengaluru.