TCS inks 10-year deal with Transport for London

IT services major Tata Consultancy Services on Thursday said it has been selected by Transport for London to design, implement and operate a new smart mobility system. Over the course…

TCS to acquire Postbank Systems from Deutsche Bank

Tata Consultancy Services (TCS) will be acquiring 100% of the shares of Postbank Systems, the IT unit of Deutsche Bank by the end of the year and all the 1,500 Postbank employees will be a part of TCS. This move can be seen as a part of Deutsche Bank CEO Christian Sewing’s ambitious job-cutting target in which he plans to cut 18,000 jobs.