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...
25 Aug, 2026, 10.45 AM IST
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...
25 Aug, 2026, 07.44 AM IST
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...
25 Aug, 2026, 06.00 AM IST
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...
25 Aug, 2026, 12.10 AM IST
In 1939, Mercedes built the T 80 with 3,500 horsepower and six wheels for a planned 600 km/h record attempt. 87 years later, the car remains preserved in Stuttgart, its true top speed still unknown because it never racedThe Mercedes T 80 was built to break 600 km/h in 1939. It had six wheels, a huge 44.5-liter V12 and up to 3,500 horsepower. Mercedes wanted...
24 Aug, 2026, 07.01 PM IST
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...
24 Aug, 2026, 06.57 PM IST
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...
24 Aug, 2026, 05.35 PM IST
Volkswagen willing to cede majority control in India unit to local partner: Skoda Auto CEO Klaus ZellmerVolkswagen Group is open to ceding majority control in its Indian operations to a local partner as Skoda Auto moves closer to signing an Mo...
18 Aug, 2026, 11.23 PM IST
- As Opel turns to Chinese partners, its hometown frets about the future
Struggling like many other European automakers, Opel is expanding its partnership with Leapmotor to build a new SUV, tapping the Hangzhou-b...
17 Aug, 2026, 12.26 AM IST
US ‘Tomb Raiders’: Mother, daughter and boyfriend allegedly stole cemetery valuables across nine states, including items worth $35,000 in FloridaAuthorities are searching for three Indianapolis residents accused of a multi-state cemetery theft spree. These suspects allegedly targeted...
16 Aug, 2026, 11.22 PM IST
Mercedes, BMW, Volkswagen, Audi and Porsche are losing China to EV upstartsAs competition in the Chinese automotive sector intensifies, German car manufacturers are witnessing a decline in sales and profitability. ...
11 Aug, 2026, 10.29 AM IST
Volkswagen owners urge urgent action to cut costs, fend off China rivalsVolkswagen's controlling families are urging management to act now. They emphasize the company's historic crossroads and need for sustainab...
07 Aug, 2026, 01.00 PM IST
JSW, Volkswagen plan new set of wheels to drive tie-upJSW Group plans a new entity for its Volkswagen alliance talks. This partnership will focus on mass-market VW and Skoda vehicles. Manufactu...
05 Aug, 2026, 05.47 PM IST
School dropout, three failed businesses: This entrepreneur shares her tough startup journey from S$20 to PorscheSingaporean entrepreneur Miza Nazili revealed her challenging path to business success. She faced significant debt and personal setbacks be...
30 Jul, 2026, 02.01 PM IST
Porsche to cut another 5,000 jobsPorsche will eliminate another five thousand jobs by the year 2035. This decision follows previous job cuts and is part of restructuring me...
27 Jul, 2026, 07.30 PM IST
Volkswagen scraps revenue growth forecast as tariffs, China weighVolkswagen now expects sales revenue to decline by up to three percent this year. The company announced a radical overhaul to counter costl...
24 Jul, 2026, 12.00 PM IST
Volkswagen eyes JSW lifeline in India as group weighs majority stakeVolkswagen is in advanced discussions with India’s JSW Group for a local partnership. The German automaker seeks fresh capital and a strong...
21 Jul, 2026, 11.45 AM IST