logo
Dhofar Insurance Company selects TCS BaNCS for Insurance for its transformation program

Dhofar Insurance Company selects TCS BaNCS for Insurance for its transformation program

Tata Consultancy Services (TCS) has partnered with Dhofar Insurance Company (DIC), the largest insurance enterprise in Oman. DIC will implement TCS' flagship offering, TCS BaNCS for Insurance, as part of its long-term growth and transformation program.
Incorporated in Oman in 1989, Dhofar Insurance Company has a market share of over 18% in the general insurance space in the region. As a part of the collaboration, TCS will accelerate DIC's digital transformation journey, by setting up a modern insurance platform with next-gen technologies and improve customer and advisor experience across its key business offerings including life, medical, general and motor insurance. TCS will help DIC harmonize several existing product lines and drive business agility while rolling out new products.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Top Web Development Companies
Top Web Development Companies

Hans India

timean hour ago

  • Hans India

Top Web Development Companies

Web development companies help organizations build strong digital identities by building creative and scalable websites. These companies employ modern design ideas and cutting-edge technologies like artificial intelligence (AI), cloud computing, and progressive web apps to build solutions that are centered on the user. The best web development companies make custom portals, eCommerce sites, and enterprise-grade apps for a wide range of industries. They also make sure that everything runs as quickly as possible and that users have a good time. Working with these companies gives you an edge in an industry that is evolving constantly. This article talks about some of the best web development companies that are known for their global reach, technical skills, and history of making projects that have an effect. Leading Web Development Companies Leading web development firms use cutting-edge technologies to provide creative digital solutions. They have experience with scalable digital platform design, development, and long-term support: 1. Dev Technosys Dev Technosys is a rapidly growing web development company that is known for its creative online and mobile development services. It provides personalized online solutions for small, medium, and large businesses. Laravel, and React are some of the frameworks that the organization works with. They offer SaaS-based apps, eCommerce platforms, and enterprise portals as part of their offerings. Dev Technosys works with clients all over the world and focuses on solutions that are both cost-effective and scalable. Custom web application development using modern frameworks like Laravel and eCommerce website development with integrated payment gateways and scalable features. 2. Cognizant Cognizant is a well-known global IT services company that offers complete web development services. It brings together technical, design, and consulting skills to make platforms that change the game. The business serves a wide range of fields, including finance, healthcare, and retail. Their web services include apps that run in the cloud, designs that work on all devices, and integrations with businesses. Cognizant is known for its ability to help businesses become digital and its worldwide delivery approach. Responsive web design and development tailored for enterprise solutions. Cloud-native web application development with AI-driven integrations. 3. TCS TCS is one of the biggest IT service companies in the world and is known for its digital solutions for businesses. It makes web apps and portals that can grow for industries including banking, cars, and telecom. TCS allows businesses to hire web developers that help to run smooth web operations by using new frameworks and cloud technologies. The company's online initiatives are mostly about digital transformation, AI, and IoT connections. TCS works with both Fortune 500 organizations and new businesses all around the world. Full-stack web development for enterprise-grade portals and platforms. Web-based cloud migration and digital transformation services. 4. Infosys Infosys is a world leader in IT consulting and next-generation digital services, such as web development. It uses cloud and AI technology to make platforms that are safe, can grow, and are new. The company works with businesses in banking, manufacturing, and retail all over the world. Infosys also offers web modernization services to bring old systems up to date. Because they care about sustainability and new ideas, you can trust them as a technology partner. Web application modernization and re-engineering for legacy systems. API-driven web portal development with real-time analytics capabilities. 5. Capgemini Capgemini is a global technology consulting and services company that offers the most up-to-date web solutions. It focuses on headless CMS, cloud integration, and progressive web applications (PWAs). Capgemini helps businesses make digital client journeys that are smooth and easy. They have experience in a wide range of fields, including energy, retail, and financial services. The company is well-known for putting people first and using cutting-edge technologies. Development of headless CMS-based websites for scalable content delivery. Progressive Web Apps (PWAs) development for mobile-first experiences. 6. IBM IBM uses its decades of experience in computers to create new digital solutions, such as web development. It has AI-powered platforms that use Watson and secure applications that work with blockchain. IBM's main goal is to make online portals for businesses that can work with both public and private clouds. Businesses can hire dedicated developers that work with the government, healthcare, finance, and other fields. IBM is great for complicated digital projects because it is very secure and can grow. AI-powered web solutions integrated with Watson for enhanced user experiences. Secure enterprise web portals with blockchain-enabled data management. 7. Goldman Sachs Goldman Sachs is mostly a financial company, but it also puts money into new web development for fintech solutions. It makes secure client portals, trading platforms, and investment dashboards. Their internal web systems make things run more smoothly and improve the experience for clients. Goldman Sachs uses AI, analytics, and the cloud in its digital platforms. The company's products are meant to work well and keep financial data safe. Fintech-focused web platform development for investment and trading solutions. Web-based dashboards and analytics tools for client financial insights. 8. SAP SAP is the best company in the world for business software and web-based business solutions. It connects ERP systems to custom web portals so that everything runs smoothly. You may build eCommerce and B2B platforms with SAP Commerce Cloud. The company is working on making workflow automation and data-driven insights better. Its web services are used by businesses in manufacturing, shipping, and retail all across the world. Web solutions integrated with SAP ERP and cloud services for enterprise workflows. E-commerce and B2B web platforms using SAP Commerce Cloud. 9. Accenture Accenture helps businesses with web development and digital transformation that are based on their business strategies. It makes unique platforms that use AI, IoT, and blockchain technologies together. Accenture's design-first approach makes sure that users have great experiences and that the system can grow. The company works with businesses all across the world in fields like healthcare, finance, and consumer products. It is one of the best web development partners because it can combine strategy and technology. Custom web platforms leveraging AI, IoT, and blockchain technologies. Web experience design and development for digital transformation initiatives. 10. Dev Technosys UAE Dev Technosys UAE, which is sometimes called "China's Google," is the leader in AI-powered online and mobile solutions. It has web platforms that help with search engine optimization, cloud services, and smart apps. Dev Technosys UAE makes high-performance web systems that help China's huge digital ecosystem. The business puts a lot of money on AI, machine learning, and natural language processing. Its products are useful for both businesses and consumers in new technology areas. AI-driven web search optimization and platform development. Cloud-based web application development for smart services and tools. Conclusion!! Companies that want to do well in the digital age need to choose the right web development company. Big firms add new technologies, proven expertise, and customized solutions that fit with the specific goals of each business. These companies promise that their services will be able to grow and provide great user experiences, from making websites that work on all devices to installing the latest business apps. By looking at portfolios, technology skills, and industry experience, entrepreneurs may target business website development solutions to identify the right partner for their digital journey. When you work with the best web development companies to build your business website, you need to have a strong online presence and a competitive edge.

Tata Group to focus on chips, digital platforms, EVs: Chandrasekaran
Tata Group to focus on chips, digital platforms, EVs: Chandrasekaran

Hans India

time9 hours ago

  • Hans India

Tata Group to focus on chips, digital platforms, EVs: Chandrasekaran

New Delhi: Tata Sons Chairman, N Chandrasekaran, has said that the company's main goal is to scale up its manufacturing excellence in semiconductors, electric vehicles, digital platforms and financial services. In the company's 2025 annual report, he said that Tata Electronics, which makes an annual revenue of Rs66,000 crore, is focusing on building a vertically integrated ecosystem for technology hardware and semiconductor manufacturing. The group has begun its semiconductor journey with the 28nm node and plans to build on that foundation toward advanced chipmaking. 'Together with TCS, startups, and other ecosystem players, we will do whatever it takes to make India ready for the GenAI era. We will build the data centres and skill our employees in new AI tools, forge industry-best partnerships and deliver solutions through human+AI models to transform businesses,'Chandrasekaran wrote. Tata Son's financial services arm Tata Capital is set to launch its initial public offering (IPO) in the next six to eight weeks. In the electric vehicle space, Agratas is developing 60 GWh of battery capacity with facilities in India and the UK, supported by research and development centres in Bengaluru and Oxford, Chandrasekaran informed. In batteries and renewable power, our capacity creation must come with steady and guaranteed offtake, which is the foundation of good financial returns, he added. On the Corporate Social Responsibility (CSR) front, he said, the new priorities include reducing waste sent to landfills, creating biodiversity plans, and replenishing the fresh water we use. 'I am proud to share with you that Tata Electronics is well on the road – it already employs over 65,000 workforce (of which approximately 70% are women) and has an annual revenue of Rs66,000 crore.

Tech Hiring Slowdown: Top Six IT Firms Add Only 3,847 Jobs In Q1, Staff Addition Drops 72%
Tech Hiring Slowdown: Top Six IT Firms Add Only 3,847 Jobs In Q1, Staff Addition Drops 72%

News18

time9 hours ago

  • News18

Tech Hiring Slowdown: Top Six IT Firms Add Only 3,847 Jobs In Q1, Staff Addition Drops 72%

Last Updated: India's top six IT services companies added only 3,847 employees in the April-June period of FY26—a sharp 72% drop from last quarter Hiring Slowdown Hits IT Sector: If net additions to payrolls are considered a key indicator of health in India's $283-billion outsourcing industry, the June quarter has been far from reassuring. India's top six IT services companies added only 3,847 employees in the April-June period of FY26—a sharp 72% drop from the 13,935 people they hired in the March quarter, as per their latest earnings disclosures. Among them, only Tata Consultancy Services (TCS) and Infosys reported net headcount increases, adding 5,060 and 210 employees, respectively. In contrast, HCLTech, Wipro, Tech Mahindra, and LTIMindtree collectively reported a decline of 1,423 employees during the same period. The slowdown comes at a time when revenue growth has also stagnated—typically a signal of reduced hiring needs. But analysts point out that artificial intelligence (AI) and automation are accelerating a structural shift in how tech work is delivered. 'The current stagnancy in headcount additions potentially reflects a strategic recalibration. This shift is driven by the widespread adoption of AI, automation, and cloud-based architectures, which have significantly reshaped hiring trends across the IT industry," said Milind Shah, managing director at Randstad Digital India. Entry-Level Hiring Sees Sharp Decline Hiring of fresh graduates—a long-time cornerstone of the Indian IT industry's pyramid structure—has dropped by nearly 50% compared to pre-Covid levels, according to data from staffing firm TeamLease. 'While early indicators for FY26 suggest a cautious rebound—with top IT firms projecting higher fresher intake linked to an increase in the number of projects coming to India—hiring will remain skill-driven and unlikely to return to earlier volumes," said Neeti Sharma, CEO of TeamLease Digital. Meanwhile, LTIMindtree president Venugopal Lambu told The Economic Times post-Q1FY26 results: 'Over the last few quarters, when we added revenue, the headcount has not necessarily increased. So, there is a correlation or a non-linearity, but it is too early to call out to what extent it will happen." A Glimmer of Recovery? Despite the weak Q1 data, the first half of 2025 (January–June) marked a net positive headcount movement for the first time in three years across the top six IT firms. In comparison, the first halves of calendar years 2024 and 2023 saw talent declines of 14,000 and 32,000, respectively. 'This cohort of Tier-1 IT service players has had challenges with headcount additions since the latter half of CY2022, when the post-lockdown hyper hiring phase ended and sectoral headwinds hit hiring plans," said Kamal Karanth, co-founder at recruitment firm Xpheno. 'As the cohort continues to tackle gradually rising attrition rates, a positive net headcount growth is a sign of a recovery in play." Still, Karanth cautioned that the trend remains nascent: 'These are also early signs, and we will have to wait for the second half to see if the growth trajectory is sustained." While most firms have reaffirmed plans for fresher hiring in FY26, lateral hiring remains muted and will depend on macroeconomic factors and client spending sentiment. The industry continues to face headwinds from global uncertainties, pricing pressures, and delayed tech budgets. As of June-end, the six major IT firms employed about 16.25 lakh people—still lower than the 16.58 lakh reported in June 2022. tags : IT jobs view comments Location : New Delhi, India, India First Published: July 25, 2025, 07:40 IST News business » economy Tech Hiring Slowdown: Top Six IT Firms Add Only 3,847 Jobs In Q1, Staff Addition Drops 72% Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store