Corporate News     29-Oct-20
Hindustan Aeronautics engages Tech Mahindra to modernise ERP system
Hindustan Aeronautics and Tech Mahindra signed a contract worth Rs 400 crore recently in Bengaluru for implementation of Enterprise Resource Planning (ERP) to support HAL's ‘Project Parivartan'.

The ‘Project Parivartan' is a comprehensive business transformation exercise initiated by HAL through technology enhancement and centralized ERP, says R Madhavan, CMD, HAL. The exercise will enable HAL to adopt some of the best practices followed in some of the similar industries globally, he adds.

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 crore. 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 centralized ERP Turnkey Solution to meet HAL's business requirements with implementation of SRM, CRM along with select non-ERP applications.

Previous News
  Nifty May futures trade at premium
 ( Market Commentary - Futures Market 24-May-24   16:13 )
  Tech Mahindra consolidated net profit declines 40.86% in the March 2024 quarter
 ( Results - Announcements 25-Apr-24   16:45 )
  Tech Mahindra Q4 PAT climbs 29% QoQ; declares dividend of Rs 28/ share
 ( Hot Pursuit - 25-Apr-24   16:53 )
  Tech Mahindra to conduct AGM
 ( Corporate News - 25-Apr-24   17:07 )
  Tech Mahindra to pay dividend
 ( Market Beat - Reports 25-Apr-24   18:29 )
  Astro Microwave rallies after bagging multiple orders worth Rs 441 cr
 ( Hot Pursuit - 01-Apr-24   15:10 )
  Tech Mahindra Ltd spurts 2.26%, up for fifth straight session
 ( Hot Pursuit - 15-Jan-24   13:00 )
  Tech Mahindra drops as Q3 PAT slides 61% YoY to Rs 510 cr
 ( Hot Pursuit - 25-Jan-24   12:36 )
  Tech Mahindra Ltd rises for third straight session
 ( Hot Pursuit - 13-Jun-24   13:05 )
  Tech Mahindra Ltd up for third straight session
 ( Hot Pursuit - 08-Aug-23   13:05 )
  HAL records highest revenue of Rs 29,810 cr in FY2024
 ( Corporate News - 01-Apr-24   12:10 )
Other Stories
  Tridhya Tech to convene board meeting
  03-Jul-24   20:06
  Sonu Infratech schedules EGM
  03-Jul-24   19:59
  Sakuma Exports to convene AGM
  03-Jul-24   19:59
  Time Technoplast repays commercial paper
  03-Jul-24   18:31
  Board of Aditya Vision approves stock split and listing of share on NSE
  03-Jul-24   18:24
  Pricol director resigns
  03-Jul-24   18:21
  Board of VMS Industries recommends first interim dividend
  03-Jul-24   17:49
  Lakshmi Machine Works to declare Quarterly Result
  03-Jul-24   17:44
  Modison to convene AGM
  03-Jul-24   17:43
  Sybly Industries to discuss results
  03-Jul-24   17:43
Back Top