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Company News Details

Tata Consultancy Services Ltd
Industry :  Computers - Software - Large
BSE Code
ISIN Demat
Book Value()
532540
INE467B01029
234.0734112
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
TCS
15.53
836501.83
EPS(TTM)
Face Value()
Div & Yield %
148.84
1
4.76
 

Tata Consultancy Services Ltd
TCS inks 5-year strategic deal with Porsche AG
Aug 24,2026

Tata Consultancy Services (TCS) announced a strategic partnership with Porsche AG (ETR: P911) for enabling AI services across the mobility value chain for Porsche. The partnership is reinforced by a five-year strategic deal from Porsche.

 As part of the deal, TCS will establish a dedicated AI Mobility Centre of Excellence for Porsche to drive innovation across manufacturing, engineering, operations and customer experience. TCS, through its subsidiary, will acquire 100% of MHP Management- und IT-Beratung GmbH (MHP), Porsche's Germany-based management and IT consulting subsidiary.

MHP brings strong automotive and industrial consulting and implementation experience, with strengths in business transformation, AI, SAP, manufacturing digitalization, and connected mobility. Its long-standing track record in delivering complex automotive and industrial transformation programs will complement TCS' global scale and engineering prowess.

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