TCS to manage Virgin Atlantic's IT ops till 2011 India's biggest IT services producer and software exporter Tata Consultancy Services (TCS) has extended its managed services contract with Virgin Group's aviation arm, Virgin Atlantic, till 2011. 10 May 2008
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Indian steel makers agree to lower prices by 5-10 percent to fight inflation In a bid to fight inflation which has touched a three and a half years high, steel makers in India have announced that they would be cutting prices for flat steel products by Rs.4,000/tonne while steel bars and rods used in construction will be cheaper by Rs.2,000/tonne. 08 May 2008
TCS Q4 results show decline in QoQ net profit, US slowdown blamed India's largest IT services provider, Tata Consultancy Services (TCS) has posted a lower-than-expected rise in quarterly profit, citing the economic recession in the US and global credit turmoil. 24 Apr 2008
Toyota eyes small car market in India, to invest $350 million in new plant Toyota Kirloskar Motor (TKM), the automotive joint venture between Japan's Toyota Motor Corp. and India's Kirloskar Group is set to invest Rs.1400 crore ($350 million) on a new plant in Bangalore from where it will roll out its small car in a bid to tap the largest segment of car market in India. 16 Apr 2008
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Tata Group eyes business expansion in Africa India's top business conglomerate, the $66 billion-Tata Group is set to expand its business operations in Africa and has plans of investing at least $800 million over the next few years in the auto, hospitality, metal and IT sectors. 16 Apr 2008
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Tata Motors, Fiat JV to invest $585 million, ramp up production Fiat India Automobiles (FIA), the equal joint venture between India's Tata Motors and Italy's Fiat, will invest Rs.2341 crore ($585 million) on its Ranjangaon facility in western Maharashtra to double output to 200,000 cars in four years as well as expand engines and transmissions output to 300,000 units from 200,000 and also boost parts and accessories during the same period. 12 Apr 2008
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Tata Consultancy Services bags multi-year deal from Chrysler India's top IT services provider, Tata Consultancy Services (TCS), said it has bagged a multi-year contract from US-based automaker Chrysler LLC to provide maintenance on mainframes and servers and support computer applications. 12 Apr 2008
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Tatas "Rule Britannia" after car buys "Jaguar is now an Indian beast" roared one Indian newspaper on Thursday as it lauded Tata Motors' long-awaited $2.3 billion deal to bag the sleek British car brand and its chunkier Land Rover counterpart. 27 Mar 2008