Thursday, Oct 29 2020 | Time 13:24 Hrs(IST)
image
  • MNS prez Raj Thackeray meets Governor Koshiyari
  • Police foil PDP march against new land law, detain leaders
  • PSLV-C49 to launch EOS-01, 9 foreign satellites on Nov 7
  • Yogi govt should stop harassment of weavers: Priyanka
  • India's COVID tally surpasses 80 lakh-mark
  • More investment needed on Medical Research: Biocon Chief
  • Mah: 11 including chairman, vice-chairman booked in misappropriation case
  • Dr Reddy's lab enter partnership with BIRAC, DBT for advisory support on clinical trials of Sputnik V vaccine
  • Seventeen children rescued from Malpe Port in K'taka
  • Gold smuggler arrested on arrival from Dubai; Gold worth Rs 32 96 lakh seized
  • AP CM appeals Ravi Shankar to direct internet service providers to block 'online gambling, gaming'
  • Rain batters Chennai, suburbs, several areas inundated, more showers predicted
  • HAL & Tech Mahindra sign Rs 400 Cr contract for Project 'Parivartan'
  • Raid by NIA continues for second day in Kashmir
  • Mah: Building collapses in Dombivli; None injured
Business EconomyPosted at: Oct 29 2020 11:31AM


HAL & Tech Mahindra sign Rs 400 Cr contract for Project 'Parivartan'

Bengaluru, Oct 29 (UNI) Hindustan Aeronautics Limited (HAL) and Tech Mahindra (TM) have signed a contract worth Rs 400 crore recently in Bengaluru for implementation of Enterprise Resource Planning (ERP) to support HAL’s ‘Project Parivartan’.

HAL Chairman and Managing Director R Mahadhavan said that the ‘Project Parivartan’ is a comprehensive business transformation exercise initiated by HAL through technology enhancement and centralized ERP.
The exercise will enable HAL to adopt some of the best practices followed in some of the similar industries globally, according to a HAL release here on Thursday.
Mr Sujit Baksi, President Corporate Affairs and Business Head Emerging Markets, Tech Mahindra, said, “Tech Mahindra’s selection by HAL extends our vision of supporting the government's ‘Atmanirbhar’ (self-reliant) initiative to enhance our indigenous capabilities. This project will transform HAL’s ERP system, serving the Armed Forces in an efficient and effective manner. This is in line with our TechNxt charter that focuses on leveraging new generation technologies with original equipment manufacturers and aims to deliver an enhanced experience to our customers.”

The contract was signed by Mr Dibyendu Maiti, Executive Director (Corporate Planning), HAL and Mr Prashanth S, Group Competency Head, Tech Mahindra in the presence of Mr R Madhavan.

Under the agreement, Tech Mahindra will be responsible for the transformation and modernisation of the ERP System as an implementation and support partner enabling HAL to streamline and standardize its business processes across the organization. As a system integrator, Tech Mahindra will implement ‘Project Parivartan’ over a period of nine years at a cost of Rs 400 crores.
Tech Mahindra will transform the distributed application to a centralized application, for all the 20 divisions and R&D Centers of HAL based on a business transformation engineering process. This includes a centralized ERP Turnkey Solution to meet HAL’s business requirements with implementation of SRM, CRM along with select non-ERP applications.
UNI MSP RHK1130
Tags: #HAL & Tech Mahindra sign Rs 400 Cr contract for Project 'Parivartan'
More News

Birkenstock opens second mono-brand store in Hyderabad

29 Oct 2020 | 1:01 PM

Hyderabad, Oct 29 (UNI) Birkenstock, a global german lifestyle brand with a heritage in iconic footwear, known for its exceptional comfort and sophisticated footbed technology, announced that it opened its second mono-brand store at Inorbit Mall in the city.

see more..

Dr Reddy's partners with Biotechnology Industry Research Assistance Council for Sputnik V vaccine clinical trials in India

29 Oct 2020 | 1:00 PM

Mumbai, Oct 29 (UNI) Pharma major Dr Reddy's Labs said that company has partnered with Biotechnology Industry Research Assistance Council (BIRAC), Department of Biotechnology (DBT), Government of India, for advisory support on clinical trials of Sputnik V vaccine in India.

see more..

Zydus Cadila receives tentative approval from USFDA for Linagliptin Tablets

29 Oct 2020 | 12:59 PM

Mumbai, Oct 29 (UNI) Pharma major Zydus Cadila said that it has received tentative approval from the USFDA to market Linagliptin Tablets, 5 mg.

see more..

Pidilite acquires Consumer & Bazaar business of Araldite in Indian Sub-Continent

29 Oct 2020 | 12:58 PM

Mumbai, Oct 29 (UNI) Pidilite Industries said that its Board of directors in a meeting held on October, 28, 2020 approved a definitive agreement with Huntsman Group (USA) for acquiring 100% stake in one of their subsidiaries in India namely, Huntsman Advanced Materials Solutions Private Limited (HAMSPL).

see more..

Mega sea food park in Cherthala will give fresh impetus to sea food processing & marketing sector

29 Oct 2020 | 12:49 PM

Alappuzha, Oct 29 (UNI) Mega Sea Food Park at the Industrial Growth Centre at Pallippuram in Cherthala will give a fresh impetus to the seafood processing and marketing sector, which has been in the decline since the outbreak of the COVID pandemic.

see more..
image