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EconomyIndia’s TCS to buy Porsche’s IT unit and secure $1.46 billion five-year deal

India’s Tata Consultancy Services will acquire Porsche’s IT unit and has secured a five-year contract worth $1.46 billion. Porsche is part of Volkswagen, which is under pressure to cut costs and reduce its sprawling portfolio.

Tata Consultancy ServicesPorscheVolkswagenIT services

RReuters★★☆☆☆2026-08-24 15:25Original

India’s TCS to buy Porsche’s IT unit and secure $1.46 billion five-year deal
India’s TCS to buy Porsche’s IT unit and secure $1.46 billion five-year dealEconomy