New Delhi, Oct 6 : Tata Consultancy Services (TCS) said on Friday that its Board of Directors will consider a proposal for buyback of equity shares of the company, at its meeting scheduled on October 11.
TCS shares were up .
87 per cent in Friday’s trade at Rs 3,620 on BSE.
Earlier, TCS announced a multi-year partnership with British retail giant Asda to support its digital transformation and to implement a new organisation-wide IT operating model, following its divestiture from Walmart.
The strategic partnership will leverage TCS’ cloud, AI, and security solutions to help ASDA deliver the divestiture smoothly, on-time and securely.
TCS will further enable ASDA to enhance its customer experience and innovation capabilities to help increase their market share and retain price leadership.TCS will build a new digital core by implementing multiple cloud-based ERP platforms to streamline Asda’s supply chain forecasting, buying and merchandising processes, HR processes, warehouse management, and e-commerce processes.
#buyback #Delhi #Delhi #New Delhi #Tata #Cloud.Latest News
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