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ET Prime Special Series: Multibagger or Bankrupt - Part 58: The ICE veteran that quietly became an EV lightweighting storyMost auto ancillary investors think linear. Company makes Component X. EV disrupts Component X. Stock goes down. Every story does not fit t...
HR and IT no longer seen as support functions, but as core drivers of productivity and organisational transformation, Mercedes-Benz's Britta Seeger saysMercedes-Benz is elevating India's role from a support hub to a strategic innovation center, entrusting local teams with complex, high-valu...
India to get German submarines soon: Check key features and capabilities of TKMS Type 214 submarines to be acquired under $8 billionIndia is set to acquire advanced Type 214 submarines from Germany. Defence ministers from both nations visited a submarine facility, highli...
Nelpx GmbH CEO Mandeep Singh defines Wave Two AI in conversation with Economic Times at the India AI Impact Summit 2026The India AI Impact Summit 2026 highlighted the urgent need for practical AI solutions in public infrastructure and private enterprise, mov...
Bharat Forge stock in focus after signing MoU with Germany’s Agile RobotsBharat Forge has signed an agreement with Germany's Agile Robots. This collaboration will focus on AI-driven robotics and intelligent autom...
Just Eat to lay off around 450 employees, partly automating operationsThe cuts will affect employees across several functions and countries, including customer service and sales administration, the group said.
Siemens to cut 5,600 jobs in factory automation businessSiemens is cutting 5,600 jobs from its digital industries division due to weak demand in key markets like China and Germany. The decision c...
Lufthansa plans to cut admin jobs by 20%Lufthansa, the German flag carrier, is planning to cut 20% of its administrative jobs, approximately 400 positions, by 2026. The move comes...
Siemens to buy engineering software firm Altair for $10.6 billionThe deal for Michigan-based Altair is German company Siemens's biggest acquisition since Siemens Healthineers bought medical device maker V...
German businesses turn to robots as baby boomers retireSmall and medium-sized companies are also turning to automation as the gradual exit from the workplace of Germany's post-war "baby boom" ge...
Building Bricks India brings automatic robotic brick making technology in India: Ubaid Aziz BarudgarThe plant, spread across 10 acre of area, is located near Khapoli at Dolavali in Maharashtra. It will have a capacity of approximately 50 t...
Daimler partners with Amazon on self-driving trucksDaimler subsidiary Torc Robotics, which specialises in vehicle automation software, selected Amazon Web Services as a cloud provider for it...
ABB tax ruling: Fee for Technical Services taxable only in the year of receipt under India-Germany tax treatyAs per the detail of the case Germany headquartered arm of ABB, the Swedish-Swiss multinational, had received some money for testing and in...
- Henkel Adhesives invests Rs 400 crores in its new production unit in India
“The jobs are around 320 plus for the new facility. The unit is automated to every extent, therefore we have all skilled Jobs in there. And...
Elon Musk calls excessive use of robots at Tesla factory 'mistake', says humans are underratedMusk had earlier said that Tesla was building a competitive advantage over automakers by programming robots to quickly produce vehicles.
Hager enters automated homes market in east through Jain GroupNew Town is not just fast developing in to the smart city with all kind of technological support from the Bidhannangar municipality but it ...
Merkel praises Bengaluru, Indian innovation, creativityGerman Chancellor Angela Merkel was today all praise for Indian innovation, saying a lack of resources in the country is leading to greater...