TCS picks up steam on Ducati deal
Shares of Tata Consultancy Services reversed early losses after it announced a multi-million dollar, multi-year deal with Ducati Motor Holding to deliver technology-based services to the Italian bikemaker and its subsidiaries in Europe.
By ET Bureau |
MUMBAI: Shares of Tata Consultancy Services reversed early losses after it announced a multi-million dollar, multi-year deal with Ducati Motor Holding to deliver technology-based services to the Italian bike-maker and its subsidiaries in Europe.
As a first step, TCS would do the enterprise resource planning engagement for Ducati and its subsidiaries, the software major said in a statement.
"With TCS as its technology partner, Ducati's ability to respond to customers and react to the evolving business environment will increase and help them effectively use TCS' talent and expertise to boost their presence globally," TCS MD and CEO S Ramadorai said in the statement.
TCS has partnered with for consultancy firm KPMG for this assignment.
At 11 am, the company's shares were up 0.66 per cent at Rs 504 in a weak market, coming off the low of Rs 490 in early trade.
As a first step, TCS would do the enterprise resource planning engagement for Ducati and its subsidiaries, the software major said in a statement.
"With TCS as its technology partner, Ducati's ability to respond to customers and react to the evolving business environment will increase and help them effectively use TCS' talent and expertise to boost their presence globally," TCS MD and CEO S Ramadorai said in the statement.
TCS has partnered with for consultancy firm KPMG for this assignment.
At 11 am, the company's shares were up 0.66 per cent at Rs 504 in a weak market, coming off the low of Rs 490 in early trade.
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