Infosys, an Indian information technology (IT) consulting company, has won two IT outsourcing deals adding up to over $1 billion in two months, signalling an improvement in business.

Infosys has won a $700 million deal from U.S.-based telecommunication company Verizon.

The deal involves application development & management services and business process management services.

Prior to this deal, the company also won a $300 million deal from Microsoft, pipping Germany IT service provider Arvato.