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Global Market: European markets gain as investors assess impact of Iran sanctionsEuropean shares edged higher on Tuesday, as investors took some relief from the lack of immediate penalties following the latest US sanctio...- Conflict-hit oil supply crisis deepens as nearly half of global output comes from affected countriesNearly half of the world’s oil supply now comes from countries affected by conflict, highlighting the growing vulnerability of global energ...
- Global Market: Porsche stock falls as MHP sale, weak revenue keep investors on edgePorsche shares faced pressure as investors assessed its €320 million MHP sale to TCS and a €1.25 billion technology partnership. The deal s...
- TCS-Porsche deal: Why Morgan Stanley, Citi, other brokerages still see up to 20% downside potentialTCS shares rose after the IT major signed a five-year €1.25 billion deal with Porsche AG and agreed to acquire its IT arm, MHP, for €320 mi...
- ETSA 2026: Jury to pick winners today; SoftBank trims Lenskart stakeThe day has arrived! The elite jury of The Economic Times Startup Awards 2026 will convene in Bengaluru today to select the brightest stars...
- Stocks in news: TCS, ICICI Bank, Hindustan Copper and Piramal FinanceThe Indian equity markets experienced a downturn today, with the Nifty50 index finishing slightly above 24,200. Traders brace for heightene...
- TCS to buy Porsche's IT unit, bags five-year deal worth $1.4 billionTCS Porsche IT unit acquisition: Porsche is a net new client for TCS and the deal will be a fresh one for the company. The acquisition will...
- TCS to acquire Porsche IT unit MHP for €320 millionTata Consultancy Services will acquire Porsche AG's IT consulting subsidiary MHP for an enterprise value of €320 million. The acquisition i...
- TCS secures €1.25 billion five-year strategic deal with PorscheTata Consultancy Services has secured a significant five-year deal worth €1.25 billion. This strategic agreement follows TCS' acquisition o...
- SAEL begins operation of 600-MW solar power plant in Andhra PradeshSAEL Industries has started a 600-megawatt solar power plant in Kurnool, Andhra Pradesh. This plant will supply power to the national grid ...
- Atlas raises $27 million for new nickel technology for EV batteriesAtlas Materials has raised $27 million to build a pilot plant in North America for processing low-grade nickel for electric vehicle batteri...
- To Market, to Market With Bank LoansBoth performing and non-performing assets may be transferred, but the rules stipulate that stressed loans can only be transferred to permit...
- India's oldest mosque basks in past glory after renovation; set for reopeningThe classic beauty and humble style of the "Cherman Juma Masjid", dating back to 629 AD, was restored after a painstaking renovation and co...
- Electrification of 19 Siachen villages to help Ladakh achieve carbon-neutrality target: OfficialsThe Union Ministry of New and Renewable Energy funded the Chamshen project under the Ladakh Renewable Energy Initiative (LREI) scheme, the ...
- Securitisation market volume to fall by 30-40% in FY21: IcraThe total securitisation market remained buoyant in 2019-20 and was around Rs 2 lakh crore, almost the same as in the previous year.
- MHP, a Porsche company, partners Hyderabad’s design automation startupThe partnership of Invilogic Software, ENIT Invilogic GmbH and MHP will enable design time reduction by more than 90% for automotive and ma...
- NTPC to shut down old plants with capacity of 11 giga wattsReplying to questions, the Minister said there is no proposal to discontinue thermal power plants and the older plants should be gradually ...
- Anti-China sentiment is suddenly sweeping over TurkeyAnti-China sentiment has been reaching new heights in Turkey, as Turkish President Recep Tayyip Erdogan is set to make an official state vi...
- RBI unveils 'safer' loan securitisation normsRBI laid out norms for safer securitisation of loans that can theoretically help banks lend more without having to resort to raising capita...
- Haryana govt to help people get jobs abroadHaryana govt to help about 700 persons to get employment in Kuwait, Canada and the Middle East by next year.
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