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TCS extends partnership with Telenor Denmark to manage IT infra

Economic Times

Economic Times · 7m ago

TCS extends partnership with Telenor Denmark to manage IT infra

Tata Consultancy Services (TCS) has extended its partnership with Telenor Denmark for another five years to manage the telecom operator's IT infrastructure. TCS has implemented its Machine First Delivery Model over the last six years to enhance Telenor Denmark's IT infrastructure. With this extension, TCS will work from its European delivery centre to reduce operational costs and improve IT infrastructure for Telenor Denmark, ensuring uninterrupted business continuity. TCS is involved with more than 160 telecom companies worldwide. The TCS stock closed 0.66% higher at Rs 4,456.95 on the BSE.

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TCS extends deal with Bank of Bhutan

Economic Times

Economic Times · 7m ago

TCS extends deal with Bank of Bhutan

Tata Consultancy Services (TCS) has expanded its partnership with Bank of Bhutan to modernize the bank's digital core. TCS will implement its banking software platform, TCS BaNCS, to optimize operations and integrate with the country's digital ecosystem. This move allows the bank to offer personalized financial services and support the digitization initiatives of the Kingdom of Bhutan. Additionally, this partnership highlights TCS's efforts to diversify its client base beyond North America and Europe. TCS BaNCS handles banking transactions for over 30% of the global population and helps institutions transition from legacy technologies.

TCS partners with Google Cloud to launch AI-powered cybersecurity solutions

IndianStartupNews

IndianStartupNews · 10m ago

TCS partners with Google Cloud to launch AI-powered cybersecurity solutions

TCS has expanded its partnership with Google Cloud to provide two cybersecurity solutions. The TCS Managed Detection and Response (MDR) solution, powered by Google's Security Operations platform, aims to reduce the time required to identify and respond to threats. The TCS Secure Cloud Foundation leverages Google Cloud's security solutions to strengthen cloud security posture and governance. TCS and Google Cloud will also leverage Google Cloud's AI-powered security portfolio, focusing on threat intelligence, security operations, and cloud security. The partnership aims to help enterprises enhance cyber resilience and adhere to regulatory compliance.

TCS Under Fire: IT Union Slams Bench Policy as 'Coercive' and 'Punishing'

StartupTalky

StartupTalky · 1d ago

TCS Under Fire: IT Union Slams Bench Policy as 'Coercive' and 'Punishing'

Tata Consultancy Services' (TCS) new bench policy, mandating a maximum of 35 days without project allocation annually, is criticized by IT Union as coercive and punishing. Many employees express anxiety online, facing potential career setbacks if they exceed this period. While some support the policy, citing neglect of project responsibilities by some employees, the union has appealed to the Labour Minister, describing the policy as inhumane and exploitative. TCS aims to decrease bench time by motivating employees to self-manage project allocations.

HCLTech extends collaboration with Intel Foundry to co-develop customised silicon solutions

Thehindubusinessline

Thehindubusinessline · 1y ago

HCLTech extends collaboration with Intel Foundry to co-develop customised silicon solutions

Indian IT services company HCL Technologies (HCLTech) has announced an expansion of its partnership with Intel Foundry to collaborate on developing customised silicon solutions. This collaboration aims to enhance foundry services worldwide and meet the growing demand for semiconductor manufacturing. HCLTech will combine its design expertise with Intel Foundry's technology and manufacturing capabilities to establish a resilient and diversified supply chain. The partnership will provide clients with a robust ecosystem for semiconductor sourcing, offering greater choice and flexibility. HCLTech has been working with Intel for over 30 years across various areas of collaboration.

Infosys extends Spark New Zealand collaboration to digital transformation

Economic Times

Economic Times · 3m ago

Infosys extends Spark New Zealand collaboration to digital transformation

Infosys has partnered with Spark New Zealand to drive digital transformation and reduce operating costs for the telecommunications company. Leveraging Infosys' AI-first services like Infosys Topaz and Infosys Cobalt, the collaboration aims to enhance Spark's technology delivery and reduce IT costs. Infosys will provide advanced DevOps and software engineering support while Spark retains control over its IT architecture and innovation roadmap. The partnership emphasizes leveraging Infosys' global scale and AI innovations to deliver superior customer experiences.

HCLTech extends partnership with Intel Foundry to co-develop customised silicon solutions semiconductor manufacturers

IndianStartupNews

IndianStartupNews · 1y ago

HCLTech extends partnership with Intel Foundry to co-develop customised silicon solutions semiconductor manufacturers

HCLTech has announced that it is extending its partnership with Intel Foundry to co-develop custom silicon solutions for semiconductor manufacturers, system OEMs, and cloud service providers. The collaboration aims to strengthen foundry services globally and establish a diversified supply chain. HCLTech's design capabilities will merge with Intel Foundry's technology and manufacturing expertise to drive innovation and offer a robust ecosystem for semiconductor sourcing. The partnership builds upon their shared investments in various domains and supports the goal of fostering a strong and open ecosystem.

Bureau Extends Series A funding to $16.5 Million

OutlookIndia

OutlookIndia · 2y ago

Bureau Extends Series A funding to $16.5 Million

Bureau, a SaaS startup, has extended its Series A funding round, raising a total of $16.5 million. The funding was led by Addition, a venture capital firm. Bureau provides a platform that enables companies to create and manage documents with automation and collaboration features. The additional funds will likely be used to expand the company's operations and further develop its product offerings.

IFU to wrap up deployment for India climate fund this year

VCCircle

VCCircle · 2m ago

IFU to wrap up deployment for India climate fund this year

The Danish development finance institution IFU, under the leadership of chief executive Lars Bo Bertram, plans to finish deploying its India-focused private equity-style fund by 2025. This initiative is part of the India Climate Fund, established through the Green Strategic Partnership Agreement between India and Denmark in 2020.

The $450 mn void staring at TCS

Livemint

Livemint · 1y ago

The $450 mn void staring at TCS

TCS (Tata Consultancy Services) is facing a challenge to compensate for a projected annual business loss of nearly $450 million due to the closure of branches of Postbank by Deutsche Bank, reduced business from Nielsen, and the termination of a partnership with Transamerica Life Insurance. TCS had acquired Postbank Systems in 2020, but the closure of Postbank branches will result in a drop in TCS's annual business. This loss represents around 1.6% of TCS's current revenue and impacts the company's growth. TCS remains confident, although analysts question the growth despite winning record deals.

Coca-Cola extends partnership with ICC for 8 years

Livemint

Livemint · 1y ago

Coca-Cola extends partnership with ICC for 8 years

Beverage giant Coca-Cola has renewed its partnership with the International Cricket Council (ICC) for an additional eight years, extending their commitment until 2031. This agreement ensures Coca-Cola's exclusive non-alcoholic beverage partnership with the ICC for all major men's and women's cricket events, including World Cups and Champions Trophies. The extension solidifies one of ICC's longest-ever associations with a single brand and promises innovative opportunities for global growth and fan engagement in the sport.

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