The 600-million (approximately Rs 4,100 crore) UK Personal Accounts Delivery Authority (PADA) deal, which was recently awarded to Tata Consultancy Services (TCS) to administer the National Employee Savings Trust (NEST) scheme for 10 years, has come under the scanner of the Conservative Party.
Tata Consultancy Services, the country's largest software exporter by revenue, is to administer the UK's National Employee Savings Trust scheme's administered services under a 10-year deal, worth around 600 million (approximately Rs 4,150 crore).The contract, awarded by the UK's Personal Accounts Delivery Authority, is divided into two stages, with possible extensions of another five years. The first stage will run up to October 2010.
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