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<keyword id="42747" type="General" weightage="100" keywordseo="tata-motors" source="Orion">Tata Motors</keyword> completed onboarding 500,000 vehicles onto the connected vehicle platform (<keyword id="213713" type="General" weightage="80" keywordseo="cvp" source="Orion">CVP</keyword>) that caters to its entire range of commercial, passenger and electric vehicles, <keyword id="80005" type="General" weightage="80" keywordseo="tata-elxsi" source="Orion">Tata Elxsi</keyword> said on Wednesday. In early 2019, Tata Motors collaborated with Tata Elxsi to adopt and adapt the <keyword id="2762594" type="General" weightage="80" keywordseo="tether" source="Orion">Tether</keyword> connected vehicle platform (CVP) towards a common standard technology stack to deliver scalability, differentiated features, high performance and expandable to Industry 4.0 to transform their internal operations, according to a statement from Tata Elxsi shared with exchanges. This would help original equipment manufacturers (OEMs) convert data and insights into enhanced customer experience, lower costs, and monetisation, the company said. Tether, Tata Elxsi's connected vehicle platform (CVP), is a cloud-based Internet of Things (IoT) data platform that enables automotive customers to offer a range of customer-centric and digitally-enhanced features. With customer-centric features, the CVP aims to improve the user's comfort, convenience, and safety, the company statement said. Automotive customers means companies in the territory that are original equipment manufacturers of passenger cars or light trucks. Tata Motors deployed the Tether CVP under the brands of Fleet Edge for commercial vehicles, iRA for passenger vehicles and Zconnect for electric vehicles, which offer features like track and trace, geo-fencing and alerts, driver behaviour monitoring, fuel-efficiency monitoring, Tata Elxsi said. In addition, they enable secure and selective access to the platform and relevant data with its wider partner ecosystem, including dealers, and suppliers, to enrich customer experience. Tether CVP was built as a modular platform, which can be scaled up to offer a wide range of solutions with third-party applications through application programming interfaces (APIs). In addition, it is a fifth-generation (5G)-ready platform with additional capabilities that would serve OEMs. Rajendra Petkar President and Chief Technology Officer, Tata Motors, said, "In line with Tata Motors stated objective of offering differentiated products based on our CESS philosophy (connected, electrified, safe and shared), we are delighted to have partnered with Tata Elxsi..." Tata Elxsi brings strong automotive electronics experience, coupled with an excellent understanding of cloud-based applications, data governance and the latest user experience capabilities. <keyword id="8789462" type="General" weightage="50" keywordseo="manoj-raghavan" source="Orion">Manoj Raghavan</keyword>, Managing Director and Chief Executive Officer, Tata Elxsi, said, "We congratulate Tata Motors and are proud to be a strategic partner to help them in achieving their vision for the future of mobility that is connected, electric, safe and shared." SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/flipkart-fined-by-bengaluru-consumer-court-for-not-delivering-cellphone/articleshow/96728111.cms">Flipkart fined for not delivering cellphone after receiving payment in advance</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/corporates/news/torrent-stalls-reliance-capital-resolution-process-with-an-interim-stay/articleshow/96727967.cms">Torrent stalls Reliance Capital resolution process with an interim stay</a>

Tata Motors brings 500,000 vehicles onboard its data platform Tether

From Adani Green to HAL ⁠– these 10 stocks have defied the market meltdown

Tata Elxsi, KPIT Tech, Happiest Minds, Mphasis — These mid and small cap IT stocks have become multibaggers in last one year

Reliance Industries, ICICI Bank, Tata Elxsi and other top stocks to watch out for on October 25

<ul><li>The 30-share BSE index Sensex was down 37.38 points, and the NSE Nifty was trading 0.10% lower at 10:10 am. </li><li>Here’s a list of the top losers and gainers in the Nifty pack. </li><li>These are the top stocks that are buzzing in trade today.</li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider.</a> </li></ul>Choppy trade on Dalal Street this Thursday morning. Indian stock market indices Sensex and Nifty are tracking weak cues from the global markets. The 30-share BSE index Sensex was down 37.38 points, and the NSE Nifty was trading 0.10% lower at 10:10 am. Here’s a list of the top losers and gainers in the Nifty pack. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Gainers </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Losers </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">HDFC </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tech Mahindra </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">UPL </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Wipro </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tata Steel </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">HCL Tech </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Eicher Motors </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">TCS </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Coal India </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Hindalco </td></tr></tbody></table>*as of October 15, 10:00 am These are the top stocks in news today. MTNL shares up 7% The shares of state-owned Mahanagar Telephone Nigam Limited (MTNL) were up 7% after the central government mandated all ministries, public departments and public sector units to use telecom services of state-run BSNL and MTNL. PVR and INOX Leisure shares up 1% The shares of cinema giants PVR and INOX Leisure were up nearly 1% after Delhi, Haryana, and Uttar Pradesh decided to reopen cinema halls as per the MHA Unlock guidelines. Tata Elxsi gains 5% The Tata Elxsi shares gained over 5% — touching a new 52 week high, after the company reported a profit of ₹78.9 crore for the second quarter compared to ₹49.8 crore during the same period last year. The revenue rose to ₹430.2 crore from ₹385.8 crore in the year-ago period. Ashok Leyland leaps 5% in a volatile market The shares of automaker Ashok Leyland were up 5% after brokerages upgraded their rating to ‘Buy’. Axis Securities has pegged a target price of ₹90. Last week Edelweiss rated it ‘Buy’ with a target price of ₹83. Infosys up 4% in opening trade The shares of Indian IT giant Infosys opened 4% higher after the company reported a stellar quarter led by record deal wins, and it has also raised the <a href="https://www.businessinsider.in/business/corporates/news/infosys-second-quarter-earnings-deliver-on-all-fronts-led-by-highest-ever-deal-wins-worth-3-15-billion-raises-guidance-to-2-to-3/articleshow/78659827.cms">FY21 guidance</a>. The company also gave<a href="https://www.businessinsider.in/careers/news/infosys-to-reinstate-wage-hikes-promotions-and-hiring-will-impact-margins-over-the-next-six-months/articleshow/78660576.cms"> its employees 100% variable pay</a> over the last three months and restarted the promotion process for junior-level employees. Future Retail up over 2% The shares of Kishore Biyani-led Future Retail were up 2% after<a href="https://www.timesnownews.com/business-economy/companies/article/amazon-can-not-challenge-future-group-deal-with-reliance-as-it-does-not-involve-future-coupons/667096"> media reports</a> citing industry sources claimed that Amazon could not challenge Future Group to deal with Reliance as it does not involve Future Coupons. SEE ALSO:<a href="https://www.businessinsider.in/stock-market/news/infosys-share-price-hits-fresh-52-week-high-after-highest-ever-deal-wins-of-over-3-billion/articleshow/78673575.cms" data-type="tilCustomLink"> Infosys share price hits fresh 52-week high after highest-ever deal wins of over $3 billion</a> <a href="https://www.businessinsider.in/stock-market/news/likhitha-infrastructure-lists-at-8-premium-over-the-issue-price/articleshow/78674174.cms" data-type="tilCustomLink">Likhitha Infrastructure lists at 8% premium over the issue price</a> <a href="https://www.businessinsider.in/stock-market/economy/news/world-bank-president-says-covid-19-pandemic-is-causing-the-one-of-the-deepest-recessions-since-great-depression/articleshow/78673669.cms" data-type="tilCustomLink">World Bank President says COVID-19 pandemic is causing the one of the deepest recessions since Great Depression</a>

Top stock movers — Future Retail, INOX, PVR, Tata Elxsi, MTNL, Ashok Leyland and others

New Delhi, Feb 17 () Design and technology services firm Tata Elxsi on Monday announced partnership with group firm Tata Motors for developing a unified connected vehicle platform. The partnership will aid Tata Motors, which is in the process of offering connected vehicle feature as a key differentiator to most of its BS-VI range of passenger and commercial vehicles, the company said in a statement. Through a collaboration, Tata Motors and Tata Elxsi developed a cloud-based internet of things (IoT) platform that provides the automobile major with a common standard technology stack that delivers the scalability and high performance required to support the entire range of electric, commercial and passenger vehicles, it added. This unified cloud native approach will enable data and analytics synergies for Tata Motors, across product development, customer use cases, dealerships, allied businesses and service networks, enabling innovations in customer experience, offerings, services and business models, the statement said. Tata Motors' Nexon EV is the first application-enabled vehicle, with a number of connected vehicle features, it added. Commenting on the partnership, Tata Elxsi Managing Director and CEO Manoj Raghavan said the connected vehicle programme will help unify and synergise data through a common digital services platform enabling completely new services, innovative business models and enhanced customer experience. Tata Motors President and Chief Technology Officer Rajendra Petkar said, "Tata Elxsi brings strong automotive electronics experience, coupled with an excellent understanding of cloud-based applications, data governance and world-class user experience capabilities. The collaboration between the two teams has been outstanding and will continue to ensure a wonderful customer experience." The partnership is in line with Tata Motors' stated objective of offering differentiated products based on CESS philosophy (connected, electrified, safe and shared) and it not only allowed taking a decision of developing a native platform for the connected vehicle programme, but also helped Tata Motors jump-start and meet critical product launch timelines, he added. RKL HRS

Tata Elxsi partners Tata Motors for unified connected vehicle platform development

New Delhi, Jan 13 () Tata Elxsi on Monday said its net profit has increased 14.2 per cent to Rs 75.42 crore for the December 2019 quarter.
 The company had registered a net profit of Rs 65.99 crore in the year-ago period, Tata Elxsi said in a regulatory filing.
 Its revenue from operations rose over 4 per cent to Rs 423.43 crore for the said quarter from Rs 407 crore for the corresponding period a year ago, it added.
 Software development and services contributed Rs 409.8 crore, while system integration and support services accounted for Rs 13.63 crore of the said quarter's revenue.
 In a statement, the company said it had reported all-round quarter-on-quarter (q-o-q) growth across key verticals, business divisions and geographies in the reported quarter.
 The transportation vertical grew 10.4 per cent q-o-q, while healthcare grew faster at 40.6 per cent.
 Media and Communications delivered steady growth at 5.3 per cent q-o-q. The design business also showed strong growth at 9.9 per cent q-o-q.
 "This is a great quarter for the company with the highest ever top-line in its history with double-digit growth in transportation and Healthcare verticals," Tata Elxsi CEO and Managing Director Manoj Raghavan said.
 This performance was led by strong execution and ramp-ups in large deals won in the previous quarters along with the addition of leading customers and wins in the electric vehicles, medical devices and the OTT segments, he added. SR SHW
SHW

Tata Elxsi Q3 net profit up over 14% to Rs 75.4 cr

A team from the Tata conglomerate is working on a secret testing track outside Bangalore, which is being modelled on Indian roads so that an autonomous driving system suiting them can be developed. These makeshift roads will include pedestrians darting through traffic at will, multiple lanes that merge without warning, poor signage and not to forget, stray cattle. Conglomerates like the <keyword id="6355725" type="CITY" weightage="100" keywordseo="Tata-Group">Tata Group</keyword> and the <keyword id="6355744" type="CITY" weightage="100" keywordseo="Mahindra-Group">Mahindra Group</keyword> are busy working on India's role in the driverless car industry, and are supported by a slew of startups and engineering schools. The industry will stimulate $7 trillion of spending by 2050, says Intel. India, which is all set to become the world's third-largest auto market, doesn’t want to be left behind in the race, even as the condition of roads is chaotic and people don’t like to follow road regulations. "Indian roads present a true deep learning challenge," <keyword id="3286351" type="UNKNOWN" weightage="100" keywordseo="Roshy-John">Roshy John</keyword>, a 17-year veteran in the field of robotics told <a href="https://www.bloomberg.com/news/articles/2017-06-29/driverless-cars-face-unique-challenges-on-india-s-chaotic-roads">Bloomberg</a>. John is the head of business at Tata Consultancy Services, Asia's largest IT services provider. John has been trying to road test the Nano, which has been retro-fitted with driverless technologies including sensors, actuators and cameras along with a robotic system that handles the steering, gas pedal and brakes. However, the condition of Indian roads has forced him to have all the original systems in place just in case an alert driver needs to control the car. "We are a couple of years behind the West in autonomous technology and both startups and large companies are racing to catch up," said Sanjeev Malhotra, head of the Internet of Things Centre of Excellence, run by software industry body <keyword id="6372077" type="CITY" weightage="100" keywordseo="Nasscom">Nasscom</keyword>. "But adoption is another thing, there we are trailing far behind." Even if the government allows driverless vehicles on Indian roads, it won’t be easy to integrate them into city traffic, which runs on modern highways as well as dirt tracks, has to follow erratic street signage, and often encounters animals on road. "After training and feeding hundreds of photos, our system cannot identify 15 percent of the vehicles on the Indian road," said Nitin Pai, senior vice president and head of strategy and marketing at <keyword id="80005" type="CITY" weightage="100" keywordseo="Tata-Elxsi">Tata Elxsi</keyword>. "The driverless car is ready for the road. But is the road ready for the car?" John tried to test his car, a tiny white Nano hatchback, on a Bangalore road at just 25 miles per hour, but the car still stopped frequently and with a jerk. Following the directions, it stopped at four meters before the vehicle in front, only leading to continuous honking and abuses. These disturbances have led to global leaders placing India at the far end of the list of countries likely to get self-driving cars. "Have you seen the way people drive here?" Uber co-founder <keyword id="1739133" type="UNKNOWN" weightage="100" keywordseo="Travis-Kalanick">Travis Kalanick</keyword> told CNBC last year. "Driverless cars for public use are at least 10 years away," John comments, saying that if driverless cars can work in India, they can work anywhere in the world. (Image source YouthConnect)

Autonomous driving system won’t be a cakewalk on Indian roads

<ul><li><keyword id="964794" type="General" weightage="20" keywordseo="bigbasket" source="Orion">BigBasket</keyword> would also be focusing on one hour delivery through bbexpress within a 6 kilometre radius.</li><li>The company will rely on its own dark stores for these operations and not rely on third- party stores.</li><li>BigBasket plans to launch 700 offline stores across India by the end of 2021.</li></ul>Online grocery delivery startup BigBasket — which was acquired by <keyword id="8555" type="General" weightage="20" keywordseo="tata" source="Orion">Tata</keyword> Digital last year — on Thursday announced its foray into 10-20 minute delivery through bbnow within a 1.5-2.5 kilometre radius. The bbnow service will sell over 3,000 products, the company said in a statement. Besides this, BigBasket would also be focusing on one hour delivery through bbexpresss within a 6 kilometre radius of the store. The bbexpress would offer over 8,000 products. The company will rely on its own dark stores for these operations. Dark stores are micro-fulfillment centres dedicated to rapid online order fulfillment. There is no cap on the number of products that one can order through these platforms, but typical order sizes average between 3-5 products and around ₹400 for the <keyword id="12724312" type="General" weightage="20" keywordseo="quick-commerce" source="Orion">quick commerce</keyword> deliveries, the company said. BigBasket will be a part of Tata Digital’s super app TataNeu. The Tata Enterprise company also emphasised that they have built a “massive” delivery network across India and it is constantly in expansion state. BigBasket launched a chain of offline stores in 2021 and 90 of them are already operational. The company now plans to launch 700 more such stores by the end of 2022. BigBasket was launched in 2010 as an online grocery supermarket. The company today covers an entire spectrum of grocery retail through quick-commerce, physical stores, alongside online grocery sales through the main BigBasket platform. “Apart from consumers who plan and buy their monthly groceries from bigbasket, there is a huge user base comprising those who make unplanned purchases, top-ups and impulse purchases. For impulse and emergency purchases, the bbnow service with its 10-20-minute delivery window is a great option…,” Hari Menon, cofounder and chief executive officer of BigBasket, said in a statement. BigBasket is the<a href="https://www.businessinsider.in/newsletter-23-december-2021/binewsletter/88440534.cms"> last big grocery delivery player</a> to enter the quick commerce space. Its rival Blinkit (previously known as Grofers) and Swiggy Instamart have already entered the <keyword id="12728042" type="General" weightage="20" keywordseo="10-minute-delivery" source="Orion">10 minute delivery</keyword> space in 2021. Besides this, there are companies like <a href="https://www.businessinsider.in/business/startups/news/mukesh-ambani-led-reliance-retail-[%E2%80%A6]0-million-in-google-backed-dunzo/articleshow/88734641.cms">Reliance-backed Dunzo</a> and Zepto who are working in the 10 minute delivery space to cater to the impulse and emergency space. SEE ALSO <a href="https://www.businessinsider.in/business/startups/news/dream11s-parent-marks-its-foray-into-web3-by-investing-in-cricket-nfts-startup-rario/articleshow/90972760.cms" data-type="tilCustomLink">Dream11’s parent marks its foray into Web3 by investing in cricket NFTs startup Rario</a> <a class="tout-title-link" href="https://www.businessinsider.in/stock-market/news/tata-steel-tata-elxsi-hcl-tech-nestle-india-and-other-hot-stocks-on-april-21/slidelist/90971002.cms">Tata Steel, Tata Elxsi, HCL Tech, Nestle India and other hot stocks on April 21</a> <a href="https://www.businessinsider.in/sustainability/article/indian-livelihoods-turn-less-green-sharp-decline-in-hiring-green-jobs-over-the-last-five-years-compared-to-the-global-average/articleshow/90971775.cms" data-type="tilCustomLink">Indian livelihoods turn less green! Sharp decline in hiring green workforce over the last five years compared to the global average</a>

Tata's BigBasket is finally joining Swiggy, Blinkit in 10-minute grocery delivery

<ol><li><keyword id="6356895" type="General" weightage="20" keywordseo="Cyrus-Mistry" source="Orion">Cyrus Mistry</keyword>, the former chairman of <keyword id="46894" type="General" weightage="50" keywordseo="tata-sons" source="Orion">Tata Sons</keyword>, was born in Mumbai on 4 July 1968. He was an Irish by nationality as his mother was Irish.</li><li>He was the second son of billionaire and construction magnate <keyword id="6689214" type="General" weightage="50" keywordseo="pallonji-mistry" source="Orion">Pallonji Mistry</keyword> and his elder brother is <keyword id="844645" type="General" weightage="50" keywordseo="shapoor-mistry" source="Orion">Shapoor Mistry</keyword>. Both his parents held Irish citizenship.</li><li><keyword id="6391150" type="General" weightage="100" keywordseo="mistry" source="Orion">Mistry</keyword> went to Cathedral &amp; John Connon School in Mumbai. He went to Imperial College in London and got a Bachelor of Engineering in civil engineering from University College London. </li><li>Pallonji Mistry died earlier this year in June. The Pallonji’s have had business interests in India for over 100 years. In the 1930s Mistry’s grandfather acquired a stake in Tata Sons. He also got a Masters degree in management from University of London. </li><li>The Mistry family has 18.37% in Tata Sons, which is the largest shareholding by a single entity.</li><li>Cyrus Mistry joined the Tata Sons board in 2006 after his father retired from it. He served as director on Tata Elxsi between 1990 and 2009 and was also a director on Tata Power board till 2006.</li><li>In 2013, Mistry was appointed chairman of Tata Sons and was also appointed chairman of several other Tata group companies. </li><li>Cyrus Mistry was married to Rohiqa Chagla, the daughter of lawyer Iqbal Chagla and granddaughter of jurist MC Chagla. It was his father in law that strategized his entire legal battle against Tata Sons. </li><li>Mistry has two sons – Firoz and Zahan Mistry.</li><li>Mistry was known to be a soft spoken and gentleman who believed he had to fight for his honour after he was evicted in an ugly boardroom battle.</li></ol>

You Searched For "tata elxsi" and got 10 results

Tata Motors brings 500,000 vehicles onboard its data platform Tether

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