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TCS inks multi-year deal with US retailer SUPERVALU

Following the agreement, over 600 SUPERVALU India stores will become a part of the IT major, TCS said in a filing to the Bombay Stock Exchange.

twitter-logo PTI   Mumbai     Last Updated: September 16, 2010  | 18:13 IST

Indian software firm Tata Consultancy Services (TCS) on Wednesday said it has entered into a multi-year deal with North American grocery retailer SUPERVALU for a full services engagement.

Following the agreement, over 600 SUPERVALU India stores will become a part of the IT major, TCS said in a filing to the Bombay Stock Exchange.

The company, however, did not disclose the financial details of the transaction.

The full services deal will drive operational efficiencies for SUPERVALU through integration of IT, BPO and infrastructure services, the filing added.

"The engagement with SUPERVALU reinforces our leadership as the long-term IT partner best equipped to help global corporations transform their business using our full services capabilities and domain knowledge," TCS CEO and MD N Chandrasekaran said.

Shares of the company rose 1.54 per cent in early trade on the BSE on Wednesday, to hit an all-time high of Rs 908.10.


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