Year 2023 may mark the lowest global growth since millennium, need to keep watch on commodity prices, says Tata Group chief

Year 2023 may mark the lowest global growth since millennium, need to keep watch on commodity prices, says Tata Group chief

The slowing global growth might act as a drag, but India’s rising share of global manufacturing should provide some buffer/insulation, says Chandrasekaran. | Photo Credit: Reuters Barring the pandemic and global financial crisis, next year may mark the lowest global growth since the millennium began, said Tata Sons’ chairman N. Chandrasekaran in his annual letter […]

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Tata Group in talks to join club of iPhone makers

Tata Group in talks to join club of iPhone makers

Tata Group is in talks with a Taiwanese supplier to Apple Inc. to establish an electronics manufacturing joint venture in India, seeking to assemble iPhones in the South Asian country. The discussions with Wistron Corp. are aimed at making Tata a force in technology manufacturing, and the Indian salt-to-software conglomerate wants to tap the Taiwanese […]

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Indian IT firms cut staff bonuses as U.S., European clients tighten budgets

Indian IT firms cut staff bonuses as U.S., European clients tighten budgets

Infosys told employees in an email seen by Reuters that the company was making “structured efforts” to improve performance, as it cut variable pay Infosys told employees in an email seen by Reuters that the company was making “structured efforts” to improve performance, as it cut variable pay India’s top IT services firms are freezing […]

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Toyota, partnering with Suzuki, doubles down on its hybrid bet in India

Toyota, partnering with Suzuki, doubles down on its hybrid bet in India

Toyota teams up with Suzuki to crack the Indian hybrid market, and the first new model is a compact SUV Toyota teams up with Suzuki to crack the Indian hybrid market, and the first new model is a compact SUV Toyota is rebooting its strategy for India, doubling down on a bet that emerging markets […]

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Tata finalises deal to purchase Ford’s Sanand plant

Tata finalises deal to purchase Ford’s Sanand plant

Tata Passenger Electric Mobility Limited (TPEML) — the newly constituted EV subsidiary of Tata Motors — and Ford India Private Limited (FIPL) have signed a Unit Transfer Agreement (UTA) which allows Tata Motors to acquire the latter’s manufacturing plant in Sanand, Gujarat. This comes almost a year after Ford announced its exit from India in […]

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Tata Motors partners with Japan’s Renesas to develop chip solutions

Tata Motors partners with Japan’s Renesas to develop chip solutions

Japanese chipmaker Renesas Electronics Corp and India’s Tata Motors have formed a strategic partnership to design, develop and manufacture semiconductor solutions for domestic and global markets, the companies said on Wednesday. Renesas will collaborate with Tata Motors, India’s biggest manufacturer of electric cars, on developing “next-generation automotive electronics” to accelerate the growth of electric and […]

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Tata Play Secure, Secure+ home security service launched in India: Check price, features

Tata Play Secure, Secure+ home security service launched in India: Check price, features

Tata Play has partnered with Google to bring two new home security services in India – Tata Play Secure and Tata Play Secure+, which will include Google Nest Cam support. The company will now be providing a security surveillance service for your home via two distinct bundles – Tata Secure and Tata Secure+. Here’s all […]

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