TCS luggage Passport Seva II contract, doubtless price Rs 6K crore

The Ministry of External Affairs (MEA) has chosen Tata Consultancy Services (TCS) for the second section of the Passport Seva Programme, the nation’s largest mission-critical e-governance programme until date. While the corporate didn’t announce the monetary particulars, the deal is predicted to be over Rs 6,000 crore, in accordance with market estimates.
Launched in 2008, the Passport Seva Programme noticed TCS remodeling the supply of passport-related companies, digitising the processes, and setting international benchmarks in timeliness, transparency and reliability.
The “world-class experience” delivered on the TCS-run Passport Seva Kendras (PSK) throughout the nation made the service immensely common and a supply of nationwide delight, TCS stated. Accessibility was additional enhanced by extending the service by way of designated put up workplaces and thru Indian missions and posts the world over, it added.

“In the next phase of the programme, TCS will refresh existing facilities and systems, and develop innovative new solutions to enable the issuance of e-passports,” the corporate stated. It will additional improve the citizen expertise utilizing applied sciences equivalent to biometrics, synthetic intelligence, advance knowledge analytics, chatbots, auto-response, pure language processing, and the cloud, it added.
“TCS has been playing a vital role in building a Digital India, driving transformation programs of national importance. Our partnership with MEA over the last decade has become a benchmark in public-private partnership for citizen services,” stated Tej Bhatla, enterprise unit head, public sector, TCS. “We are pleased to be selected for the next phase of the Passport Seva Programme and look forward to driving further innovations and improving citizen experiences using our contextual knowledge and digital technologies.”

TCS plans fourth buyback
TCS on Friday stated in an trade submitting it would take into account the fourth share buyback proposal to reward the shareholders, at its board assembly on January 12. While the corporate didn’t point out the scale, market expectations are that it wouldn’t be beneath the sooner buyback of Rs 16,000 crore.
TCS shares rose 1.26 per cent to Rs 3,854.85 on the BSE on Friday. The firm may even announce third quarter outcomes on January 12.  ENS