Future of TCS PADA Deal Remains Uncertain
TCS (NSE:TCS) CEO N. Chandrasekaran sounded optimistic when he said during an interview that TCS had not seen an impact from the Europe debt crisis among its clients. Particularly since the company’s multi-million dollar UK outsourcing contract with PADA appears to have been in jeopardy for quite some time. On the second of July, N....
UK Government Outsourcing Contracts Fear Sword of Damocles Overhead
Following the UK elections and subsequently, the naming of the country’s new Prime Minister David Cameron and Chancellor George Osborne has pushed government outsourcing contracts in limbo, as companies anticipate the stance the new government will enforce. When the news broke out on the 17th of May that the new UK government would be splitting...
