New Delhi, Oct. 8 -- Tata Consultancy Services (TCS) announced a five-year strategic partnership with Porsche AG and an agreement to transition Best Buy's Global Capability Center (GCC) in India to TCS, according to an exchange filed by the company on Thursday.

As part of the Porsche partnership, TCS will establish a dedicated AI Mobility Centre of Excellence for the automaker and acquire 100% of MHP, Porsche's Germany-based management and IT consulting subsidiary.

"We are pleased with the broad-based growth in all our international markets and most industry segments. This quarter we announced two unique deals with Porsche and Best Buy which represent a new category of transformation partnerships. Together with our clients, we are build...