'Across the entire value chain, we will be able to industrialise AI adoption, and that is the main purpose of the deal.'
Tata Sons has the balance sheet to support them, for now.
Tata Consultancy Services (TCS) has announced a five-year strategic deal with German automaker Porsche AG worth 1.25 billion (nearly 14,000 crore), which includes the acquisition of Porsche's wholly-owned subsidiary MHP Management- und IT-Beratung GmbH for 320 million (around 3,574 crore). This move is set to significantly expand TCS's consulting footprint in Germany and the broader European market, giving it access to MHP's customer base and specialised talent.
N Chandrasekaran's exit marks a major shift for TCS, leaving its leadership to navigate AI disruption without the group chairman's deep expertise.
India has launched the ~62,500 crore Mobile Phone Manufacturing Scheme (MPMS) to incentivise domestic production and strengthen Indian mobile phone brands, offering production-linked incentives and additional benefits for local component sourcing.
'whom he believes in ... or whom he has faith in. But we don't know whether that person will be competent or not. This will lead to a lot of uncertainty in the minds of investors and shareholders of the Tata group companies.'
The move comes amid growing demand from organisations in India for local access to Claude.
The biggest challenge to widespread deployment is no longer AI. It is the financial and commerce infrastructure that was built decades ago for deterministic software and human interactions -- not autonomous AI agents.
'Hiring within IT services firms is going to be very specialised.'
Indian crypto exchanges and companies have expressed strong support for the Central Board of Direct Taxes' (CBDT) new Crypto Asset Reporting Framework (CARF), which mandates reporting and due-diligence obligations for crypto service providers on all transactions starting 2026.
LIC is the only brand in the Brand Finance India 100 2026 report that has a top five rank in both brand value and brand strength.
'It shows that access to these technologies cannot be taken for granted.'
'...A new challenge has emerged in the form of Mythos.'
India now ranks among the world's top three destinations for both AI and STEM talent, holding roughly a 6 per cent share of globally mobile AI talent and a 7 per cent share of STEM talent.
Sarvam AI, an Indian full-stack sovereign artificial intelligence company, has achieved unicorn status after raising $234 million in a Series B funding round led by HCLTech and Bessemer Venture Partners, with HCLTech acquiring a 10.46 per cent stake.
Meta has partnered with Reliance Industries Ltd (RIL) to construct its first AI-powered data centre in India, a 168-megawatt facility located in Jamnagar, marking a significant milestone in Meta's global infrastructure expansion and deepening its strategic partnership with Reliance.
'Today, we see people go on ChatGPT to ask 'can you plan my holiday' and then they have to go outside of the ChatGPT window to make all the bookings and so how can we complete that really high-intent use case that a user has come to ChatGPT with and help them complete that all the way within the chat GPT window.'
'There has to be a safe harbour for licensed entities, which have followed all the norms prescribed by the RBI.'
ICICI Bank is seeking recoveries of at least 100 crore from fintech firms, alleging merchant misclassification of their business, a practice that has eroded the bank's interchange income. The dispute, lodged with global card network Visa, highlights growing discomfort among banks and intensified scrutiny from the Reserve Bank of India.
IT services major LTM is set to introduce a new pricing framework, 'Blueverse Credit', in the first quarter of FY27, aiming to align monetisation with the growing adoption of agentic artificial intelligence.
