Key Points
Shares of Tata Consultancy Services (TCS) rallied over 4% to hit an all-time high at Rs 4,135.9 in Tuesday's trade on BSE..
The rally in the stock came after the firm on Monday said that it has won a multi-year deal from Europ Assistance, a global assistance and travel insurance company, to help reimagine its global IT operating model..
The partnership will also see TCS leveraging its proprietary solution, ignio AIOps from its Digitate suite of offerings to enhance operational resilience and business agility..
The partnership will help Europ Assistance scale its business capabilities, support its expanding partnership ecosystem, and enhance its speed to market...
In addition, the partnership will focus on co-innovation, with TCS and Europ Assistance working together on novel use cases leveraging generative AI and other advanced technologies...
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