BENGALURU: HCLTech shares rose nearly 6% on the BSE on Friday after the IT firm announced a $1.1 billion mega deal with a Europe-based Fortune Global 50 enterprise, which people in the know told TOI is Mercedes-Benz. The agreement is among the largest AI-led deals announced by an Indian IT firm this year and underscores the growing scale of enterprise investments in AI.

HCL Tech shares surged following a significant $1.14 billion deal with a European Fortune Global 50 firm to manage its digital workplace and networks. This new business, spanning…

Noida-based HCLTech on Friday said it signed a significant strategic partnership with a Europe headquartered, Fortune Global 50 Firm to establish an AI-driven operating model, at…