Published on 25/08/2025 03:28 PM
TCS Share Price, ICICI Lombard Share News: Tata Consultancy Services (TCS) and ICICI Lombard General Insurance Company shares rose on Monday, after the Mumbai-based IT major said its Cloud-native automation solution enabled the insurer to achieve a fully automated AWS multi-region Disaster Recovery (DR) switchover. TCS is the country's largest IT company.
At 3 pm, TCS shares were up 2.8 per cent at Rs 3,139.7 apiece while the ICICI Lombard stock was up 0.3 per cent at Rs 1,918.1 apiece on BSE.
In a regulatory filing made during the market hours on Monday, TCS said that its Cloud-native automation solution enabled ICICI Lombard to deliver a fully automated multi-region disaster recovery exercise.
Add Zee Business as a Preferred Source
TCS has "successfully enabled ICICI Lombard to achieve fully automated AWS multi-region Disaster Recovery (DR) switchover", the IT major said.
"This establishes ICICI Lombard as one of the first insurance companies in India to achieve fully automated multi-region resilience on the Amazon Web Services (AWS) Cloud," it added.
The innovative disaster recovery solution is designed to ensure business continuity in the face of unexpected disruptions, said TCS.
The solution leverages automation-first, infrastructure-as-code approach, it noted.
TCS has been ICICI Lombard’s strategic IT partner since 2006.
The IT major has been managing the insurer's datacenter operations since 2013.
It has also has been instrumental in seamlessly migrating all the ICICI Lombard applications
to public cloud in 2021, and has since been supporting the ICICI Lombard cloud environment.
TCS is now modernising the insurance company’s systems.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
LATEST NEWSBy accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.