Tata Group Companies TCS and Tata Elxsi Announce Major Updates Post-Market Close
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Tata Group: TCS, Tata Elxsi Announce Major Updates After Market Close
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CNBC Awaaz•19-03-2026, 17:15
Tata Group: TCS, Tata Elxsi Announce Major Updates After Market Close
•Tata Group companies TCS and Tata Elxsi released significant business updates after market close.
•TCS signed an MoU with ABB to strengthen their strategic partnership in IT, AI, and engineering, focusing on next-generation infrastructure and enterprise applications.
•TCS MD & CEO K. Krithivasan stated the partnership is a step towards an "era of AI-driven industrial innovation."
•Tata Elxsi launched a Global Offshore Development Center (ODC) in Pune with Terumo Corporation, focusing on cardiac and vascular solutions.
•The ODC aims to accelerate product development, increase cost efficiency, and integrate AI/GenAI technologies for medical technology innovation.
