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    TCS to consider buyback of shares on Oct 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.

    –IANS

    san/arm

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