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LEAD EXCERPT: Honda is partnering with Tata Technologies to develop India-focused vehicles, with the Japanese automaker targeting cost reductions of up to 20% and development timelines that could be cut by half as it seeks to regain ground in India's highly competitive car market.
The Philippines is expanding its space programme and could deepen cooperation with India and ISRO on satellites, space technology and launch capabilities as Manila develops an indigenous ecosystem.
Jaguar Land Rover plans to reduce its global workforce by around 4,000 roles while targeting £1.7 billion in savings, as the luxury automaker simplifies its operations and prepares five new products.
Tata Sons' annual general meeting was adjourned on August 18 after the required quorum was not available, an unprecedented development in the group's history.
Uber has partnered with ixigo to bring train-ticket booking to its platform, allowing users to search and book train journeys without leaving the Uber app.
UK Prime Minister Andy Burnham has pledged to maintain pressure on Russia during his first official visit to Ukraine, as Moscow warns Britain over its decision to share missile technology with Kyiv.
President Donald Trump said he would be comfortable with Chinese automakers building cars in the United States if they employ American workers, despite opposition from U.S. lawmakers and major automakers.
Biocon has partnered with Brazil’s Bahiafarma and Bionovis for the local manufacture and commercialisation of Pertuzumab under a 10-year government-backed programme, opening access to around 70% of the drug’s demand in Brazil’s public healthcare system.
Tata Consultancy Services has reduced quarterly variable pay for mid and senior-level employees to 60-70%, while junior employees continue to receive 100% payouts amid margin pressure and rising AI investments.
Sprite and IRCTC have launched the Sprite Tejas Express on the Lucknow–New Delhi–Lucknow route, marking Sprite’s first branded train partnership in India. The six-month campaign will feature branded coaches, onboard Sprite offerings and sustainability-focused initiatives.
The European Central Bank has warned that a surge in debt issuance by major US technology companies to finance AI data centres could eventually compete with European government bonds for investors, potentially driving borrowing costs higher.
From the Lucid Air and Porsche Taycan to the Tesla Model 3 and BMW iX3, these are 10 of the world’s best electric cars based on price, range, performance and technology.
