Tata Consultancy Services signed a $690-million (Rs 4,400-crore), 10-year deal with M&G Prudential, the UK and European savings and investments business unit of Prudential. This is the third large insurance contract won by India’s top IT services company in the past four months, signalling a steady turnaround in the insurance platform.

The agreement covers more than 4 million customer policies & will digitally transform M&G Prudential.