Tag: IT

TCS to buyout Porsche’s MHP for €320 million EV in major automotive AI partnership

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TCS to buyout Porsche’s MHP for €320 million EV in major automotive AI partnership

K. Krithivasan, CEO & MD, TCS and Dr. Michael Leiters, CEO, Porsche AG at the MoU signing ceremony marking the partnership | Photo Credit: By Special Arrangement  Tata Consultancy Services (TCS) is planning to fully acquire MHP Management- und IT-Beratung GmbH (MHP), Porsche AG’s Germany-based management and IT consulting subsidiary, for an enterprise value of…

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Business

Goods, services exports up 4.59% to $863.11 billion in FY26

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Goods, services exports up 4.59% to 3.11 billion in FY26

Merchandise exports grew 0.93% to $441.78 billion in the last fiscal year from $437.70 billion in 2024-25, the data showed. File photo for representational purposes only. | Photo Credit: The Hindu The country’s goods and services exports rose 4.6% to an all-time high of $863.11 billion during 2025-26, up from $825.26 billion in 2024-25, despite…

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Business

Sensex, Nifty retreat from record highs to close flat ahead of key US Fed rate decision

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Sensex, Nifty retreat from record highs to close flat ahead of key US Fed rate decision

Brokers react as Sensex ends above 79k, Nifty 50 surpasses 24,000 for the first time, in Kolkata on Thursday. (ANI Photo) | Photo Credit: ANI Benchmark indices Sensex and Nifty hit intra-day record high levels before closing almost flat on July 29 due to profit-taking in FMCG and IT shares by cautious investors ahead of…

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