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DIGITALISATION IN AUTOMOTIVE
Auto industry must turn disruption into strength, says Maruti Suzuki CEOThe auto sector must become stronger due to disruption in the next decade. Deep localization, people development, collective learning, and ...
India emerging as global production, innovation and services hub: FM Nirmala SitharamanIndia is emerging as a global manufacturing and innovation platform for exports. Canadian capital and technology can partner with India's s...
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 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...
Piyush Goyal to visit Spain, Belgium, Finland this weekMinister Piyush Goyal will visit Spain, Belgium, and Finland to boost trade. He will meet industry leaders in Spain to explore automotive a...
Tata Tech Q2 Results: Profit rises 5% YoY to Rs 166 crore on non-core business boostIndian engineering firm Tata Technologies reported a 5% rise in second-quarter profit on Friday, as growth in its non-automotive business c...
Auto sector shifts into high gear with 10.1% salary hikes in FY25The automotive sector is set to lead salary hikes in FY25, offering an average increase of 10.1%, ahead of the 8.8% average across India In...
Risk of data breaches, cyber frauds up due to digitisation: RBI reportThe report citing German data and statistics platform Statista said globally, cybercrime costs are expected to reach $13.82 trillion by 202...
Tata Elxsi inaugurates mobility innovation centre in BengaluruTata Elxsi and Emerson's TENMIC in Bengaluru focuses on automotive innovation, emphasizing electrical/electronic architecture, electrificat...
Driving India’s automotive future: The reign of digitalisationUse of data is moving into top gear as India’s automobile companies are seamlessly integrating and strategies are reshaping supply chains f...
China to be centre of Mercedes-Benz 2025 EV sales drive, Automobilwoche saysBenz is making China, the world's top auto market, central to its next electric vehicle (EV) campaign starting in 2025, its CEO told German...
CarTrade launches CarTrade Ventures, plans to invest Rs 750 crore in automotive spaceThe company, in a statement, said it will look to acquire and invest in companies offering differentiated services and technology in the au...
India offers huge opportunities for vehicle manufacturers: Nissan COO"India is the fourth largest (automotive) market. In five to six years, it should be the third-largest market. However, there is a big oppo...
HCL Tech signs multi-million-dollar deal with Japan’s UD TrucksUnder the contract, HCL Technologies will deliver end-to-end IT transformation — spanning digital platforms, agile digital application deve...
Wipro plans to set up Digital Innovation Hub in GermanyWipro on Tuesday said it plans to set up a Digital Innovation Hub at Dusseldorf in Germany that will serve as the IT services major's flags...
Majority of Indians willing to spend up to Rs 50,000 for connected technologies in cars, says studyIndia's willingness to spend is fairly promising.
Working closely with dealers to re-stimulate demand: Toyota"As with many other sectors, with the closure of dealerships and manufacturing, the operation of the automotive value chain has come to a g...
Siemens 'Ingenuity Tour' to be in Coimbatore for four daysThe tour is targeted at various industry verticals and demonstrates the competitive advantage that can be gained by adopting innovative tec...
Digitalisation of SMEs, key to success of Indian machine and tool industryThe Small and Medium Enterprise (SME) sector forms the backbone of Indian economy contributing 17% to the GDP and is expected to increase t...