CNBC-TV18 has learnt from sources that KPIT Cummins is likely to announce a global tie-up in the auto electronics space.
The sources say that the company is likely to announce a tie-up with Japan's Renaissance. The tie-up is likely to be in the auto electronics space. The sources also say that the deal will be announced today.
Commenting on issue, the company's management said, "We are constantly in talks with multiple prospects across the world."
In the year 2000-01, KPIT Cummins Infosystems had merged Cummins Infotech with itself. It has a major presence in IT for manufacturing and advanced tech solutions. It also has a presence in diversified financial service verticals.
The company has recently launched an operation in Poland to serve their existing global clients.
CNBC-TV18 DISCLAIMER: This information has not been provided to the stock exchanges, and is source-based.
Commenting on issue, the company's management said, "We are constantly in talks with multiple prospects across the world." 
