Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleRed Hat
CEO ReviewCompany Review

The Silicon Review Asia

TCS and General Motors Enters into Partnership for Future Vehicle Engineering

TCS and General Motors Enters into Partnership for Future Vehicle Engineering

Indian IT giant,TCS and General Motors (GM) have entered into a partnership, ET reported. The announcement was made public on Monday. In the partnership, TCS will help the carmaker in its field of future vehicle engineering across markets all over the world.

In a joint statement, both the companies said that the new development builds on a partnership which has existed for more than a decade.

The partnership’s agreement states that the IT giant will take over some assets of GM at their technical centre in Bangalore (GMTC-I). Apart from that, it will support GM over the next five years to carry out global vehicle programmes with engineering design services.

The statement also added that more than 1,300 GMTC-I employees will be shifted to TCS, including teams which will look after testing, special projects, creative designs, propulsion systems, vehicle engineering, and control development.

The transaction and handover are expected to be completed by the end of September.

Incorporated in 2004, the Bangalore-based GMTC-I has a design studio and an engineering centre with state-of-art, in-house electronics hardware and software testing and validation infrastructure.  The facility contributes to GM’s global program, across control development, vehicle engineering, propulsion systems, and many more.



Pine Labs Reaffirms its Commitment to Indian Payments Space with Qfix Acquisition

HDFC Bank is Qfix's main distribution partner Pine Labs has announced that it has acquired Qfix, a Mumbai-based online payments startup. This acquisi...

Salesforce Expands into Thailand, Opens Office in Bangkok

Salesforce has announced permanent presence in Thailand by launching its new office in the country’s capital, Bangkok. The permanent presence wi...

GMLL is expected to soon add two more stores to its retail arm ‘Price Mantra’

Garment Mantra Lifestyle, a popular name in the Indian fashion retail segment, recently made an announcement that the company is expanding its retail ...

Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...