Business & Markets: India — Last 24 Hours

€1.5 billion — that's the combined value of Tata Consultancy Services' acquisition of Porsche's IT arm and their five-year strategic partnership, marking one of the largest Indian IT-European automotive deals in recent memory.

Money Moves

• TCS acquires Porsche's MHP for €320 million — India's largest IT services company will buy 100% of MHP Management- und IT-Beratung GmbH, Porsche's Germany-based consulting subsidiary with 4,500 employees globally. -...