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The Latest Breaking News from MHP

Captive buyouts: Are IT cos scaling up or skilling up?

Indian IT companies are buying client technology units to secure larger partnerships. This strategy aims to boost contract values as organic growth slows down. TCS, Wipro, and HCLTech have recently made significant acquisitions. These deals involve acquiring intellectual property and engineering talent. This trend revives a past strategy of acquiring…

The Economic Times

Global Market: Porsche stock falls as MHP sale, weak revenue keep investors on edge

Porsche shares faced pressure as investors assessed its €320 million MHP sale to TCS and a €1.25 billion technology partnership. The deal supports digital transformation, but weaker quarterly revenue, China competition, tariffs, EV costs and Volkswagen restructuring concerns continue to weigh on investor sentiment and Porsche’s turnaround prospects.

The Economic Times

TCS-Porsche deal: Why Morgan Stanley, Citi, other brokerages still see up to 20% downside potential

TCS shares rose after the IT major signed a five-year €1.25 billion deal with Porsche AG and agreed to acquire its IT arm, MHP, for €320 million in an all-cash transaction. The acquisition, expected to close in 3–4 months, will deepen TCS’ relationship with Porsche and strengthen its AI transformation…

The Economic Times

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TCS to acquire Porsche IT unit MHP for €320 million

Tata Consultancy Services will acquire Porsche AG's IT consulting subsidiary MHP for an enterprise value of €320 million. The acquisition is part of a wider strategic partnership that includes a five-year, €1.25 billion deal to deploy artificial intelligence across Porsche's engineering, manufacturing, operations and customer experience businesses.

The Economic Times

TCS to buy Porsche's IT unit, bags five-year deal worth $1.4 billion

TCS Porsche IT unit acquisition: Porsche is a net new client for TCS and the deal will be a fresh one for the company. The acquisition will anchor a long-term AI transformation partnership between TCS and Porsche, the company said. As part of the transaction, TCS will also set up…

The Economic Times

TCS secures €1.25 billion five-year strategic deal with Porsche

Tata Consultancy Services has secured a significant five-year deal worth €1.25 billion. This strategic agreement follows TCS' acquisition of MHP Management- und IT-Beratung GmbH. Porsche will partner with MHP and TCS to industrialize artificial intelligence across its operations. The partnership will also focus on delivering next-generation automotive technology services. This…

The Economic Times

Turkish MPs back limited amnesty for Kurdish militants

ANKARA - A majority of Turkish MPs on Wednesday backed limited and conditional amnesty for PKK Kurdish militants, a first legislative step to end decades of deadly fighting.

Bangkok Post

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Turkey and the PKK have made historic moves toward peace – now begins the hard diplomatic work

Turkey’s peace process is advancing. In August 2025, three months after the Kurdistan Workers’ Party – commonly known as the PKK – announced its formal disbandment, a Turkish parliamentary committee overseeing reforms as part of the process met. It followed a symbolic disarmament ceremony in northern Iraq, during which Kurdish…

The Conversation

Analysis: PKK recalibrates from armed struggle to politics in Turkiye

Support from the PKK and Turkiye’s politicians signals a change after decades of conflict, but pitfalls remain.

Al Jazeera

Kurdish leader Ocalan told the PKK to disband, it did: Here’s what to know

PKK leader Abdullah Ocalan is leading peace efforts to end a Kurdish armed rebellion against Turkiye after four decades.

Al Jazeera

What’s behind Erdoğan’s calculated shift on Kurds and its potential consequences

On March 1, the start of the holy month of Ramadan — observed by most of Turkey’s Sunni population — the imprisoned leader of the banned Kurdistan Workers’ Party, Abdullah Öcalan, made a historic call for the party to disarm and end its 40-year-long armed struggle against the Turkish state.

The Conversation

Hope still exists for Turkey-PKK detente, despite deadly attack

A push for a rapprochement, spearheaded by an unlikely source, could end a decades-long conflict.

Al Jazeera

Turkey summons German ambassador to protest criticism of Demiral's goal celebration at Euro 2024

A controversial gesture made by Turkey player Merih Demiral at soccer’s European Championship has ignited a diplomatic brouhaha between the country and host nation Germany

The Independent UK

Analysis: Ruling party errors give Turkey’s opposition hope for future

Local elections point to a strengthening opposition, as external problems and internal issues cause AK Party to stumble.

Al Jazeera

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Top News

Turkey's Opposition Surprises With Local Election Victory

Turkey's local elections show opposition CHP's success over AKP, signaling a shift in Turkish politics and voter dissatisfaction.

International Business Times

Erdogan Picks Nationalist To Run For Ankara Mayor

Turkish President Recep Tayyip Erdogan on Thursday picked a nationalist former member of a hard-right party to run for mayor of Ankara in closely watched March 31 local elections.

The Hindu

Muziris back in the limelight

With the second phase conservation works of monuments in Muziris — a legendary port located here that is said to have been the hub of the historic spice route about 2,500 years ago — nearing completion, the locale is once again at the centre stage of attention.

Tribune News Service

Turkey’s Erdogan pours cold water on Sweden NATO entry talks

Turkey’s president downplayed the chances of a significant breakthrough at talks this week to bring Sweden into NATO, amid a row over the burning of a Quran in Stockholm.

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Al Jazeera

Turkey’s opposition faces difficult road ahead after another loss

Kilicdaroglu is facing questions over his leadership of the CHP, having not won a national election since 2010.

France 24

Nationalism is ‘definitely a winner’ in Turkey’s presidential elections

Nationalism has been one of the major themes of the Turkish presidential elections, with both President Recep Tayyip Erdogan and opposition challenger Kemal Kilicdaroglu using its rhetoric as both sides draw on nationalist parties’ support.

Al Jazeera

How will defunct ‘kingmaker’ alliance affect Turkey’s election?

Big question a day before the run-off vote is what effect a recent split in a potential kingmaker coalition will have?

Al Jazeera

Turkey’s opposition claim ballot irregularities in Sunday’s polls

CHP, YSP voiced concerns and lodged complaints over discrepancies between recorded count and votes registered.

Al Jazeera

In Turkey’s elections, nationalism is the real winner

In both the pro-government and opposition camps, nationalists are key and rising in popularity.

France 24

Sinan Ogan: The 'kingmaker' Turkey’s Erdogan doesn’t need

Turkish politician Sinan Ogan shot from relative obscurity to international fame after finishing third in the first round of the presidential election on Monday. But even as the ultra-nationalist candidate was basking in the potential kingmaker spotlight, President Recep Tayyip Erdogan fared better than expected in the final score, proving…

Al Jazeera

Turkey run-off vote: Nationalist Sinan Ogan could be ‘kingmaker’

Ogan’s out of the presidential race but may play a pivotal role in the second round – he is still to back a candidate.

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