INDIAN IT services giant Tata Consultancy bags $1.9 billion deal to transform UK's national employment savings trust

[INDIAPOSITIVE]

https://twitter.com/x/status/1671568432561815553

https://twitter.com/x/status/1671548438998310914

IT services giant Tata Consultancy Services (TCS) announced the expansion of its partnership with National Employment Savings Trust, UK’s largest workplace pension scheme in a £840 million ($1 billion) deal over an initial tenure of 10 years, wherein it will digitally transform the firm’s administration services to deliver enhanced member experiences.

TCS bags $1.1 billion deal from UK's National Employment Savings Trust

The total maximum estimated value of the contract, if extended to the entirety of its 18-year tenure, will be £1.5 billion (around $1.9 billion). This is TCS’ fourth large deal from the region in 2023, following the $723-million deal from Phoenix Group, the Marks & Spencer deal and a 10-year...

www.moneycontrol.com

 

[JohnyD]

They lost close to billion dollar existing contract in US last week and now this news, what a come back in flying colors..kudos!

 

[surmabhopali]

https://twitter.com/x/status/1671568432561815553

https://twitter.com/x/status/1671548438998310914

IT services giant Tata Consultancy Services (TCS) announced the expansion of its partnership with National Employment Savings Trust, UK’s largest workplace pension scheme in a £840 million ($1 billion) deal over an initial tenure of 10 years, wherein it will digitally transform the firm’s administration services to deliver enhanced member experiences.

TCS bags $1.1 billion deal from UK's National Employment Savings Trust

The total maximum estimated value of the contract, if extended to the entirety of its 18-year tenure, will be £1.5 billion (around $1.9 billion). This is TCS’ fourth large deal from the region in 2023, following the $723-million deal from Phoenix Group, the Marks & Spencer deal and a 10-year...

www.moneycontrol.com

Now this news is going to give headache for some and burn injuries to people jealous of Modi

 

[313ghazi]

That's the state pension fkd.

No offence to the staff at TCS but the processes thier management apply are cowboy ish. The workers are very talented and the business itself is very impressive.

 

[game]

Now this news is going to give headache for some and burn injuries to people jealous of Modi

LOL ..What TCS has to do with Modi ?
They got contract through their merit and will lose contracts if they don’t perform/deliver to customers’ satisfaction

 

[Conqueror]

Congratulations India.

Your country has a sensible govt and a sensible army not destroying you from within. Enjoy your success.

 

[surmabhopali]

LOL ..What TCS has to do with Modi ?
They got contract through their merit and will lose contracts if they don’t perform/deliver to customers’ satisfaction

Nowadays things are like that , modi is responsible for all bad things happening to India , even a single paisa coming to India is a bad news for congressi , hinduphobics , and few others .

 

[nahtanbob]

Congratulations India.

Your country has a sensible govt and a sensible army not destroying you from within. Enjoy your success.

what does a contract to a private sector company have to the government and military ?

 

[CallSignMaverick]

what does a contract to a private sector company have to the government and military ?

Tldr: Our military doesn't interfere in our politics and doesn't cause economic troubles for India.


Which is why business thrives here.

 

[nahtanbob]

Tldr: Our military doesn't interfere in our politics and doesn't cause economic troubles for India.


Which is why business thrives here.

 

[Skimming]

That's the state pension fkd.

And you live in the same state, right? Congratulations!!

 

[313ghazi]

And you live in the same state, right? Congratulations!!

Yes and no. My pensions are private. There is a state pension in the UK that everyone is entitled too, but TCS will be working on the pension service backed by the state. Employers are required to enrol employees onto that pension scheme, unless the employer uses a different pension supplier. Employees can opt out of paying into a pension, but by default now in the UK all employees are enrolled into a pension pot after 3 months.

 

[Conqueror]

what does a contract to a private sector company have to the government and military ?

Army in Pakistan is controlling everything down to judiciary, media, broadcasting, internet, finance ministry, economy and who goes in and out of jails.

Success of Indian businesses has a credit that goes to their supportive government and non interfering Army.

But wondering what made you ask when you already know the answer. Be happy for your enemies when they're doing better than you. Alternatively jealousy is an option.

 

[ProudThamizhan]

Congratulations India.

Your country has a sensible govt and a sensible army not destroying you from within. Enjoy your success.

Thank you. I sincerely hope and pray your country also get a sensible government soon and that the two countries can coexist peacefully

 

[StraightEdge]

So (if) the contract is extended for 18 years, then the project will be worth about 2 billion. Hardly such a grand deal for a 18 year project. After working with these GSI's for over a decade you know that they are good at 1 thing - delivering a service cheaper. They are hardly known for quality or creativity.

People should stop putting Modi's image for every Indian news. Maybe next time someone has a kid in family, they will give credit to Modi for that miracle.