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India's Tata Consultancy Services is conducting an internal investigation to determine whether it was the gateway for a cyberattack on UK's Marks and Spencer that compromised customer data and disrupted the retailer's operations, FT reported on Friday.
Shares of Tata Motors have been on an upward swing, gaining more than 3.45% on Thursday, marking a surge of about 8.7% in over just two trading days driven by investor optimism surrounding global trade developments.
A new plant making iPhones in southern India has started production and another will begin shipments in May, as Apple looks to boost manufacturing beyond its tariff-hit main manufacturing hub, China, sources said.
TAINAN and HSINCHU, Taiwan and MUMBAI, India, March 05, 2025 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (“Himax” or “Company”) (Nasdaq: HIMX), an industry leader in fabless display driver ICs and other semiconductor products, today announced a Memorandum of Understanding (MoU) with Tata Electronics, a pioneering leader in India's electronics manufacturing sector, and Powerchip Semiconductor Manufacturing Corporation (PSMC), a leading Taiwanese Foundry and Technology Transfer Partner of Tata Electronics, to revolutionize India's display and ultralow power AI sensing product and technology ecosystem. This MoU marks a significant step forward for Tata Electronics, Himax, and PSMC in expanding their market outreach and jointly exploring the growing market of display semiconductors and ultralow power AI sensing in India as well as globally.
Indian benchmark indices Sensex and Nifty slumped sharply on January 3, snapping their two-day winning streak as weakness in IT and private banking stocks weighed on sentiment. This pullback follows a strong session earlier, where the indices posted their best gains in six weeks.
Jaguar Land Rover has reported a drop in sales over the second quarter as supply issues restricted production and demand faltered in Europe and China. Sales fell by 3% year on year to 103,108 units, the Tata Motors-owned carmaker reported on Tuesday.
German conglomerate Thyssenkrupp on Friday lost its fight against a European Union antitrust veto five years ago of its proposed joint venture with Tata Steel , which was aimed at creating Europe's second-largest steelmaker.
Britain has secured improved terms for 2,500 steel workers set to lose their jobs, the government said on Wednesday, as it recommitted to a 500 million pound ($654 million) investment to help Tata Steel decarbonise its site in Wales.
Some £13.5 million is set to be paid out to workers and suppliers affected by the closure of two blast furnaces at Tata Steel's Port Talbot site. This will be the first payment from a £100 million fund to aid those hit by Tata's restructuring, which is set to cost 2,800 jobs.
SAN MATEO, Calif.--(BUSINESS WIRE)--HTEC, a global digital engineering services firm, is pleased to announce the results of its commissioned 2024 Total Economic Impact™ (TEI) study conducted by Forrester Consulting. The study outlined a three-year, risk-adjusted present value for a composite organization comprised of interviewees with significant experience working with HTEC. Forrester's cost-benefit analysis revealed that HTEC delivered an 82% return on investment (ROI) to customers over a thr.