Can we move from TCS to cognizant and work for the same client?
Totally depends on clients policy. Many times clients do not let this happen.
Also you're current employer... Unless you like going to court
If TCS thinks that restricting your movement will significantly impact the TCS' relationship with client, they will be fine with it..
I have seen many cases where people have moved to infogain, intelliswift and work for the same client, same project and even in the same office.
It depends on TCS. Many times, they allow that just because they don't want to sour the relationship with the client over a trivial issue.
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There def has to be a non-compete somewhere