Syntel Named to 2008 Global Services 100 List

Syntel, Inc. (NASDAQ:SYNT), a global information technology services and Knowledge Process Outsourcing (KPO) firm, today announced that it has been included on the Global Services 100, a list of the top global providers of business and technology services for the second straight year.

The Global Services 100 is a tool for buyers of business and technology services. Judges from Global Services magazine team up with outsourcing experts at neoIT to identify and evaluate the leading service providers. The evaluation is based upon data provided by the service providers and third parties regarding effective operations, service offerings, client relationships and human capital.

"We are honored that neoIT and Global Services chose Syntel as one of the world’s top technology providers," said Keshav Murugesh, Syntel's President and COO. "At Syntel, our clients have been reaping the advantages of global delivery since 1992, and it’s encouraging that this model has now gained broad acceptance as an effective, robust method of providing innovation to businesses. This ranking is a testament to the great value our more than 10,000 Syntellers deliver to our clients, day in and day out."

The list was compiled by gathering data and rating service providers in each of four categories: operations, services, client data and human-resource policies. The intent of the Global Services 100 is not to devise a numerical ranking for each company, but to provide a head start to users considering globally delivered services by providing a “short list” of highly qualified vendors.

Global Services and neoIT will present awards to the winners at the 2008 Global Services Conference being held on March 12th, 2008 at the Marriott Marquis in New York’s Times Square.

About Global Services:

Global Services is a media platform with a portfolio that includes a magazine, website, events, newsletter and customized solutions. Our audience consists of corporate professionals engaged in the sourcing and management of business and technology services. Global Services is owned by CyberMedia (India) Limited. www.globalservicesmedia.com

About neoIT:

neoIT is a management consulting firm that helps leading corporations improve and grow their business by capitalizing on services globalizationSM. Through a blend of strategic advisory services and hands-on execution support, neoIT provides advice and management expertise on the globalization of Information Technology (IT) and Business Process Outsourcing (BPO) services. For more information, visit www.neoIT.com.

About Syntel

Syntel (NASDAQ: SYNT) is a leading global provider of integrated information technology and Business Process Outsourcing (BPO) solutions. The Company's mission is to create new opportunities for its clients by harnessing the passion, talent and innovation of Syntel employees worldwide. It leverages dedicated vertical and service Centers of Excellence along with its flexible Global Delivery Model to deliver solutions that drive innovation, improve quality and reduce costs for Global 2000 customers in the Financial Services, Insurance, Healthcare/Life Sciences, Telecom, Retail, Aerospace, Manufacturing, and Automotive industries. In addition to vertical-focused units, the company has established Centers of Excellence for Testing, Migration, and Demand Management. Recognized by customers to be "Small enough to listen, Big enough to deliver.™" for its responsiveness and ability to build collaborative partnerships, the Company is known for solutions that deliver sustainable business advantage. Recently named to The Black Book of Outsourcing's "50 Best Managed Global Outsourcing Vendors" list, Syntel has more than 10,600 employees worldwide, is assessed at Level 5 of the SEI's CMMI, ISO 27001 as well as ISO 9001:2000 certified. To learn more, visit us at www.syntelinc.com.