TCS Launches Blockchain-based Multi-brand Customer Loyalty Platform on R3’s Corda

Tata Consultancy Services (TCS) , a leading global IT services, consulting and business solutions organization, announced the launch of a next-generation blockchain-based multi-brand customer loyalty platform using R3’s Corda. The rise and popularity of customer loyalty programs have brought clear benefits to customers and brands, improving customer retention, driving higher cart values and helping brands…

Tata Sons Hiring Bankers to Help Sell or Merge Dozens of Units

Nearly six months after his turbulent elevation to run India’s biggest conglomerate, Natarajan Chandrasekaran is assembling a team of dealmakers to refocus some of the group’s biggest businesses, expand its financial services and consumer businesses and sell or merge dozens of smaller units, according to interviews with senior executives. As many as one-third of the…

India business updates

TCS wins $1.2 billion AC Nielsen deal In the largest outsourcing deal involving an Indian tech services firm, Tata Consultancy Services Ltd or TCS, Asia’s largest software company, has been contracted for 10 years by information and audience measurement major AC Nielsen Co. to manage its networks, finance and human resource functions. TCS will receive…