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    India's TCS to buy Porsche's IT unit for $373 million

    Picture of Porsche Automobil Holding SE logoPorsche Automobil Holding SE
    24/08/2026 12:31
    India's TCS to buy Porsche's IT unit for $373 million
    Aug 24 (Reuters) - Indian IT services company TCS TCS.NS on Monday said it would acquire Porsche's PSHG_p.DE IT division MHP for €320 million($373.25 million).
         
    ($1 = 0.8573 euros)

     (Reporting by Abhirami G in Bengaluru)
     ((abhirami.g@thomsonreuters.com))

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