TCS Renews Five-year Partnership with Norway's DNB Bank ASA

03 Mar 2025 CW Team

Tata Consultancy Services (TCS) has extended its partnership with DNB Bank ASA, Norway’s largest financial services group, for an additional five years. The renewed collaboration will focus on supporting DNB’s digital modernization efforts while improving cost efficiency. TCS will deploy next-generation technologies to enhance the bank’s transformation initiatives, which include maintaining and developing applications, strengthening security infrastructure, and integrating advanced solutions such as artificial intelligence and quantum computing.

Over the past 12 years, TCS has played a crucial role in DNB’s innovation and digital transformation journey. The partnership has led to the development of key digital solutions, including the launch of the bank’s peer-to-peer mobile payment platform, which has reinforced DNB’s position in the competitive mobile payments sector. In addition, TCS has been instrumental in creating various digital products while ensuring secure and stable banking operations.

The TCS Sahyadri Park campus in Pune, India, will continue to provide essential support for DNB’s critical services. With a presence in Norway for three decades, TCS has established itself as a key technology partner for leading enterprises across the Nordic region. Currently, more than 20,000 TCS employees support major companies in banking, financial services, insurance, telecom, and high-tech sectors, contributing to the region’s digital growth and modernization.

This extended agreement strengthens the long-standing collaboration between TCS and DNB, reflecting a shared commitment to driving innovation and leveraging emerging technologies to enhance financial services in Norway and beyond.

News source: Business Standard

Resources

03 Jun 2026

Jyoti Structures Launches Heat Safety Drive Across Sites

Jyoti Structures (JSL) has strengthened heat safety measures across its project sites and manufacturing facilities as temperatures rise across India. The company has implemented a Summer Safety Plan covering all transmission line projects to address risks related to heat stress, dehydration and worker fatigue.The initiative includes rescheduling work away from peak afternoon temperatures, provision of drinking water, ORS and lemon-salt solutions, and installation of rest shelters near work areas. Daily toolbox talks, worker health monitoring, first-aid preparedness, emergency transport arrange..

MHADA Declares 82 Buildings Most Dangerous in Central and South Mumbai

The Maharashtra Housing and Area Development Authority (MHADA) has declared 82 buildings as most dangerous across Central and South Mumbai and has appealed to residents to vacate immediately. The list, prepared after structural assessments by the authority, identifies buildings judged to pose imminent risk to occupants and to passersby. Local civic bodies have been asked to coordinate evacuations and to make arrangements for temporary shelter and rehabilitation for displaced households. Officials said the authority prioritised buildings with visible structural distress, severe cracking, tiltin..

Damage Reported At Halwara Airport Terminal After First Rains

Severe damage was reported at the terminal of Halwara Airport during the first major rain spell of the season, prompting immediate concern among aviation and local authorities. Images from the site showed water ingress and visible deterioration of the terminal interior, affecting passenger areas and ancillary services. The airport authority suspended certain operations temporarily to assess structural safety and ensure passenger wellbeing. Preliminary inspections have prioritised electrical systems and roof seals to prevent further water ingress. State aviation officials ordered a formal inqui..