Tag: Automotive

TeraNova DC Targets 2 GW of AI-Ready Data Centres in India by 2032

Singapore-based Hillhouse Investments has launched TeraNova DC, a dedicated data-centre platform that plans to invest $12 billion to $15 billion in India by 2032. With a target of more than 2 gigawatts (GW) of capacity, the platform is set to become one of the largest announced data-centre programmes in the country. TeraNova DC will focus on hyperscale and AI-ready infrastructure. Its proposed locations are Maharashtra,...

Tech Mahindra’s Profit Rises 23.2% as Almost Every Large Deal Now Includes AI

Tech Mahindra’s profit after tax (PAT) rose 23.2% year on year to $166 million in the second quarter of FY27. The company won $1.023 billion in new deals in the quarter, up 25.4% from a year earlier. Deal wins over the past 12 months rose 34.8% from the same period a year before. On the earnings call, CEO and Managing Director Mohit Joshi said...
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Aurobay Taps HCLTech’s AI Force to Modernise Global Powertrain Operations

Aurobay Technologies, a division of Horse Powertrain and a global player in hybrid and low‑emission powertrain systems, has expanded its digital transformation partnership with...

Gartner Warns AI Investment Drop in Auto Sector by 2029

The automotive industry’s enthusiasm for AI is set for a sharp correction over the next five years, according to Gartner. While nearly every major...