your password has been reset successfully, Please login again.

TCS expands its operation in Florida

The expansion is a part of Transamerica deal with over 430 employees joining the company
BY BEx Bureau
BusinessEx
May 24, 2018

India's largest IT services firm TCS on Wednesday said it has expanded operations in Florida, US, with over 430 employees joining the company as part of its deal with Transamerica.
"TCS is a leading industry employer in the US, striving to help American companies like Transamerica to digitally transform their business and capitalise on rapidly evolving customer demands," TCS President and Global Head (Banking, Financial Services and Insurance Platforms) Suresh Muthuswami said.
In January, Tata Consultancy Services (TCS) had signed a $2 billion deal with Transamerica to administer the latter's life insurance, annuity, supplemental health insurance, and workplace voluntary benefits products.
It covered the managing administration of more than 10 million policies.
More than 430 former Transamerican employees now work for TCS at this new St Petersburg facility (in Florida) as part of recruiting and investing in more than 2,200 Transamerica jobs across the US in multiple locations, the Indian software services giant said in a statement.
"TCS will occupy several floors of Transamerica's building at 570 Carillon Parkway in St Petersburg, as part of a multi-year agreement with Transamerica. The St Petersburg office is a new US business centre for TCS, adding to the over 1,000 employees already serving American businesses throughout the state," it added.
TCS said it has invested nearly $3 billion in the US over the past three years and has been among the top two IT services job creators in the country.
"We look forward to partnering with St Petersburg's city, state and local organizations to further build upon our business and community impact," he added.

Please add your Comment
SIMILAR News
January 23, 2019
Namrata Kaul and Srinivasan Sridhar are new directors of Chennai-based company, Vivriti Capital. ...More
By Jaspreet Kaur
January 23, 2019
Owing to the change in IL & FS management’s stance, Crisil reduces NCD of IL &FS. ...More
By Jaspreet Kaur
January 16, 2019
Commerce and Industry Ministry has exempted taxes on startups, who actively looking for angel invest ...More
By Jaspreet Kaur
January 10, 2019
DBS, Singapore banking group informs that the country has fallen short to attain the decided annual ...More
By Jaspreet Kaur
January 10, 2019
Honda Cars India, launched a new variant model of City, which comprises appealing features. ...More
By Jaspreet Kaur
January 02, 2019
Owing to the sluggish market in America and China, Hyundai heir decides to restructure the automobil ...More
By Jaspreet Kaur
November 20, 2018
Through this investment, BillDesk will develop new product lines for its payments and loyalty busine ...More
By Vaishnavi Gupta
November 19, 2018
Ananth Narayanan, Chief Executive Officer of Myntra, will continue to lead the team. ...More
By Vaishnavi Gupta
November 16, 2018
This acquisition will help FarEye to reinforced its growth plans to solve challenges for long-haul a ...More
By Vaishnavi Gupta
November 14, 2018
True North has acquired a 75% stake in Shree Digvijay Cement Company Ltd from Brazil-based Votoranti ...More
By Vaishnavi Gupta
November 13, 2018
The investment is made by the firm to boost its capabilities to deliver tech solutions that will hel ...More
By Vaishnavi Gupta
November 12, 2018
With this acquisition, Mphasis will increase its end-to-end capabilities in the public cloud domain, ...More
By Vaishnavi Gupta