TCS bags extension on 30 lakh defence personnel’s pension processing deal

Tata Consultancy Services (TCS) on Tuesday said it has bagged an extension of a Government of India contract on processing the pension for 30 lakh defence personnel. The Tata Group company said it has been executing the contract since 2020, and its interventions have helped save Rs 250 crore annually by centralising the pension disbursement process and eliminating bank service charges.