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POSTBANK SYSTEMS AG
Europe emerges as hotspot for Indian IT M&As, tops buy chartIndian IT giants are on a European shopping spree, snapping up companies at a rapid clip. Europe's booming tech sector, outpacing North Ame...- Indian IT Firms rush in as Europe takes to outsourcing in new normalTCS, Infosys and Wipro have made many acquisitions or won large deals in Europe in the last few months as the Covid-19 pandemic pushed comp...
- TCS completes acquisition of Postbank Systems from Deutsche Bank AGTCS has announced to acquire Postbank Systems in November through its subsidiary Tata Consultancy Services Netherlands B.V.
- Resilient IT sector gears up for growth opportunities, challenges amid 'new normal'There were concerns that the pandemic might have an impact similar to the one seen during the 2008 financial crisis.
- India's cash-rich IT firms look to acquire deals for steady revenue flowIndia's largest technology services exporter Tata Consultancy Services recently said it would acquire 100% stake in Deutsche Bank AG's unit...
- TCS to acquire Pramerica Technology Services from Prudential FinancialThe acquisition allows TCS to expand its nearshore capabilities as it will service other customers as well in Ireland, the UK, Europe, and ...
- Stocks in the news: Prestige Estates, Tata Power, GAIL, Indiamart and Prabhat DairyGAIL, Gillette, Hindalco, Motherson Sumi and Tata Power, Teamlease and V-Mart Retail are among companies that would announce their Septembe...
- TCS to acquire Deutsche's Postbank Systems AGTCS will acquire 100% of the shares of Postbank Systems and its 1,500 employees will become part of TCS.
- Tata Consultancy in talks to buy Deutsche Bank’s technology unitThe bank has set 2022 as the deadline for the technology migration of Postbank’s systems. Deutsche Bank is an existing customer of TCS and ...
- Deutsche Bank to sell assets, downsize cost centresDeutsche Bank AG is targeting wasteful spending on IT systems and real estate in an austerity drive to correct previous excesses.
- New global rules aim to strengthen banksGlobal fin regulators agreed on new rules designed to strengthen bank finances and rein in risk-taking to prevent crisis.
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