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TCS, M and G Prudential sign deal worth USD 690-million
New Delhi, Jan 17 (ANI): Tata Consultancy Services (TCS) has announced that it bagged a USD 690 million deal from M and G Prudential, the UK and European savings and investments business of Prudential plc to digitally transform the latter's business and deliver enhanced service for its customers. Administration of over four million life and pension contracts will move from Prudential's incumbent business partner to TCS. Over 1,000 roles from the incumbent supplier across a number of UK sites are expected to be transferred under the TUPE arrangements to TCS' FCA-regulated, UK subsidiary. A further 700 roles in India are also expected to move from the incumbent supplier to TCS.