Max Healthcare - Strong Show, Expansion Plans Offer Strong Growth Visibility; Retain BUY

Max Healthcare posted a strong performance in 2QFY27, with revenue/ EBITDA rising by 18/18% y/y, while PAT fell by 20%. Consolidated revenue grew by 18% y/y to Rs30.6bn (up 25% y/y ex-Oncology), while Max Labs/Max@Home revenue came in at Rs660/860mn (up 24/37% y/y). Overall occupancy remained flat y/y at 77%, while ARPP rose 8% y/y to Rs231k. Other Key Highlights: (a) Its board approved Rs930mn capex for redevelopment and clinical capacity enhancement programme at Max Super Speciality Hospital, Sec-128, Noida; (b) Rs4.15bn capex approved for 209 brownfield beds across existing hospitals. This includes 85 beds at MSSH, Noida, 60 beds at MSSH, Vaishali and 64 beds at BLK Max and; (c) Company approved revision of project cost to Rs11bn and timeline for completion of the proposed ~525-bed hospital at Sec-56, Gurugram to Apr-27. Introducing our estimates for FY29 and rolling forward our valuation to 1HFY29e, we maintain BUY rating on the stock with a revised TP of Rs.1,200 (Rs1,220 earlier), valuing its hospital/laboratory business at 30/25x 1HFY29e EV/EBITDA.

Operating Performance: Consolidated EBITDA grew 18% y/y to Rs.8.2bn in Q2FY27, while revenue rose 18% y/y to Rs30.6bn, mainly led by 13% y/y rise in OBDs. EBITDA margin stood at 26.8% (flat on y/y basis). Share of oncology in IPD revenue dropped to 21% from 26% in Q2FY26, owing to discontinuation of select chemotherapy drugs for institutional patients.

Brownfield and Greenfield Expansion Augur Well: Following a Rights Issue and a secondary purchase of 50k shares, its stake in Kalinga Hospital, a 250-bed hospital in Bhubaneswar, rose from ~58.28% to ~66.34% in Q2FY27. The board of directors has approved Rs4bn capex for 209 brownfield beds (a) 85 at Max Super Speciality Hospital (MSSH) Noida; (b) 60 at MSSH Vaishali; and (c) 64 at BLK-Max, along with a multi-level car parking tower at BLK-Max.

Kalinga Hospital Posts Strong Numbers: Kalinga Hospital became a subsidiary of the company on 18th of May-26, marking Max Healthcare's entry into the Odisha healthcare market and establishing a platform for long-term growth in Eastern India. In Q2FY27, the hospital reported revenue and EBITDA of ~Rs.380mn and ~Rs40mn, respectively. Average occupancy stood at 52% during the period. Currently, 80 beds are shut for renovation and a large part of these would be available by Dec-26.

Outlook and Valuation: Despite pressure on oncology business, the company delivered strong results in Q2FY27. Looking ahead, we expect growth prospects to remain intact, led by: (a) ramping up of Max Smart and Max Vaishali; (b) brownfield addition; and (c) beds expansion plans for long-term. Factoring in lower Onco revenues and likely implementation of price caps on Onco drugs, we marginally trim our EBITDA estimates by 3% each for FY27/28E. We expect the company’s revenue and EBITDA to clock 18% each CAGR each over FY26-29e. Introducing our estimates for FY29e and rolling forward our valuation to 1HFY29e, we maintain BUY rating on the stock with a revised TP of Rs.1,200 (Rs1,220 earlier), valuing its hospital/laboratory business at 30/25x 1HFY29e EV/EBITDA.

Key Risks: (a) Delay in project execution; (b) adverse regulations; and (c) lower international business.

Vasan Eye Care Launches ‘Safe Eyes, Safe Deepavali’ To Support Children With Firecracker-Related Eye Injuries

* Vasan's CSR initiative this Diwali provides treatment, including first aid and surgery where required, for children below 15 years who suffer firecracker-related eye injuries

Vasan Eye Care, part of ASG Hospital Limited has launched ‘Safe Eyes, Safe Deepavali’, a children’s eye safety initiative for the festive season. Under the initiative, children below 15 years of age who suffer firecracker-related eye injuries will receive treatment at Vasan Eye Care under the company’s Corporate Social Responsibility (CSR) programme. The initiative will run from 4th November 2026 to 14th November 2026 at 200+ Vasan Eye Care and ASG Eye Hospital centres across 95+ cities.

The campaign has a simple message - celebrate responsibly and protect the sparkle in every child’s eye. Treatment under the initiative will include first aid, emergency eye care, pharmacy and surgery where required. Optical products, such as spectacles, are not included, and terms and conditions apply. Families can call the dedicated helpline, 1800 5713 333, for guidance and to be directed to the nearest participating centre.

Firecracker-related eye injuries increase every Deepavali, and children make up a large share of the cases. Injuries to the cornea and other parts of the front of the eye are among the most common, and some can cause lasting damage to vision if they are not treated quickly by an eye specialist. The first few hours after an injury often decide how well the eye recovers. During Deepavali last year, more than 500 children were treated for firecracker eye injuries at Vasan & ASG centres.

Dr. Arun Singhvi, MD & CEO, ASG Hospital Limited, said: “Deepavali is a festival for which children wait all year, and a few seconds near a firecracker should not cost a child their eyesight. Most of these injuries can be prevented with simple precautions and close adult supervision. If an injury does happen, time is critical and the child should quickly be brought to an eye specialist. Through ‘Safe Eyes, Safe Deepavali’, we want to help families celebrate safely and make sure an injured child gets specialist care without delay.”

Dr. K Kamal Babu, COO (South), ASG Hospital Limited & Vasan Eye Care, said: “Across South India, Deepavali is celebrated with early-morning prayers, oil lamps and crackers, and children are always the most excited. A little care at that moment can protect a child’s eyesight for life. We request parents to supervise children closely and, if an injury occurs, to call our helpline and reach the nearest Vasan Eye Care centre, or any nearby eye care clinic or centre, without delay.”

Vasan Eye Care - ASG Eye Hospital advises families to follow five simple precautions:

Keep a safe distance: light fireworks at arm’s length, preferably with a long incense stick, and step back straight away.

Wear protective glasses: children, and adults lighting fireworks, should wear protective eyewear.

Supervise children: children should handle fireworks only under the watch of an adult.

Never lean over fireworks: do not bend over a cracker while lighting it and never go back to one that has failed to go off.

Never rub an injured eye: rubbing can push particles deeper and make the injury worse.

In case of an injury, keep the child calm and both eyes as still as possible. Do not rub or press the eye or try to remove anything stuck in it. Do not wash it with a jet of water, or apply kajal, ointments, drops or any home remedy. Cover the eye lightly with a clean shield, such as the bottom of a paper cup, without putting pressure on it. Call the helpline on 1800 5713 333 and take the child to the nearest Vasan Eye Care centre or any eye emergency service at once. Early specialist care can make the difference between recovery and permanent loss of vision. 

Voltas And Voltas Beko Bring Festive Cheer With Special Diwali Offers On Home Appliances

* Consumers can avail cashback of up to ₹6,000, Exchange offer up to 10000 Rs, 5-year comprehensive warranty on select products, zero down payment, extended EMI tenures and fixed EMIs starting at ₹1,088

Voltas Limited and its joint venture brand Voltas Beko, from the house of Tata, have announced their much-awaited ‘Diwali Offers’, bringing consumers an opportunity to upgrade their homes with attractive festive benefits across cooling and home appliances, including air conditioners, washing machines, refrigerators, microwaves and dishwashers. The offers combine cashback benefits, flexible financing options and warranty benefits to help consumers make their festive purchases more rewarding.

The offers include cashback of up to ₹6,000 on select Voltas and Voltas Beko products, five years of comprehensive warranty on select products, zero down payment schemes with six-, eight- and ten-EMI options, extended EMI tenures of up to 18 months, and fixed EMIs starting at ₹1,088. In addition, consumers can take advantage of Voltas and Voltas Beko's smart upgrade programme, which offers exchange benefits of up to ₹10,000 on eligible products. The programme provides a convenient, technology-enabled exchange experience with free doorstep pickup, instant exchange valuation through QR-based processing and immediate digital payouts, enabling consumers to upgrade to newer and more energy-efficient appliances with ease.

Key highlights of the Diwali consumer offers include:

Five-year comprehensive warranty: Available on select products.

Cashback up to ₹6,000: On select Voltas and Voltas Beko products.

Exchange benefits up to ₹10,000: Available on select air conditioners, washing machines, refrigerators, dishwashers and microwaves through a hassle-free exchange programme.

Zero down payment: Choice of 6, 8, 10-EMI schemes with zero advance payment.

Long-tenure EMI scheme: Flexible financing options with tenures extending up to 18 months.

Fixed EMI: Fixed EMI options starting at ₹1,088.

Adding to the festive excitement, Voltas and Voltas Beko have also launched the "Jeet Ka Mahafestival" campaign across Voltas Company-owned Stores and Brand Shops. As part of the promotion, consumers purchasing eligible products can participate in a scratch-and-win programme and receive assured gifts, making festive shopping even more rewarding.

Further, Voltas Beko is offering deals across its home appliance portfolio. Washing machines are available from ₹20,990 and feature Hygiene+™ technology, while refrigerators start at ₹21,553 and feature HarvestFresh™ freshness technology. Consumers can also explore microwaves priced at ₹4,990 for quick two-minute festive cooking and dishwashers starting at ₹19,990, offering added convenience for post-celebration clean-ups.

Commenting on the festive offers, Mr. Mukundan Menon, Managing Director, Voltas Limited, said, “Diwali is an important time for families to invest in their homes and make everyday living more comfortable. Through our festive offers, we aim to bring greater value to consumers by combining attractive savings with flexible payment options and added assurance on select products. With Voltas and Voltas Beko, we are making it easier for households to bring home solutions that meet their evolving needs, while making festive upgrades more accessible.”

The offers are available until 30 November 2026 at participating Voltas brand stores, authorised retail outlets and partner channels. Consumers can visit their nearest retailer to learn more about the offers and applicable terms and conditions. Products can also be explored at www.voltas.com and www.voltasbeko.com.

This festive season, with a compelling mix of savings, convenience and rewards, Voltas and Voltas Beko continue to reinforce their commitment to delivering innovative, customer-centric solutions that bring greater comfort, convenience and joy to homes across India.

About Voltas Limited

Voltas Limited, founded in India in 1954 and part of the Tata Group, is a premier air conditioning and engineering solutions provider, projects specialist, and one of the leading players in the consumer durables category. Alongside its undisputed market leadership in Room Air Conditioners with a footprint of over 30,000 touch points. Voltas has expanded into the Home Appliances Segment through a wide range of innovative products under Voltbek Home Appliances Pvt Ltd. The Company’s portfolio also includes Commercial Refrigeration, Home Comfort Products and Commercial Air Conditioning Products, offering comprehensive cooling and comfort solutions. 

Free Mega Artificial Limb (Legs/Forearms) Camp On November 15, 2026 In Bengaluru

For the 20th year Karnataka Marwari Samaj in association with Bhagwan Mahaveer Vikalang Sahayata Samiti (Jaipur Foot) organizing a ‘Free Artificial limb Measurement Camp “. The camp, organized in association with Bhagwan Mahaveer Viklang Sahayata Samiti (BMVSS), will offer free fittings of artificial limbs, calipers, crutches, and other assistive devices. A team of experienced prosthetic and orthotics experts will assess patients and provide personalized care.

The measurement camp will be conducted on Sunday 15th November 2026 time 8:00 AM – 2:00 PM at Maharaja Agrasen Bhavan, near Ashoka Pillar, Jayanagar, Bengaluru -560011, Time 8:00 am to 3:00 pm.

This initiative is completely free and aims to restore mobility and independence to those in need. If you or someone you know could benefit from this camp, please reach out to us and register. Please bring your Aadhaar card, a photo of your legs or hands, and a phone number for registration. Let’s come together to spread the word and make a difference in the lives of many. Your support can help someone walk again, hold their loved ones, and live a life full of possibilities.

Speaking on the announcement Praveen Tulsiyan –President –KMS said “committed to serving humanity and empowering differently-abled individuals. This initiative is part of our ongoing efforts to support individuals with disabilities are receiving high-quality artificial limbs and other devices they couldn't afford before. These camps build community support, raise awareness, and help people regain mobility, improving lives and societal engagement.

Sri Bimal Kumar Saraogi, Project Director, Karnataka Marwari Samaj said, “Each of us has been affected in various ways, and it is imperative that we contribute according to our capabilities to support others. KMS remains unwavering in its social vision and commitment to assisting individuals with disabilities in reclaiming their mobility and dignity. Through the provision of high-quality, durable artificial limbs and other assistive devices, we aim to significantly improve their quality of life.”

Interested individuals are requested to pre-register by contacting

Rinkesh: +91 90197 21885

Sandeep Poddar: +91 87922 88404

Tata Motors And Iveco Group Come Together To Build For The Future Creating A New Global Force In Commercial Mobility

* Global Enterprise: Complementary portfolios and geographic strengths create a truly global enterprise, with presence in over 130 countries across key developed and high-growth markets in Europe, India, South America, Asia, the Middle East and Africa, and combined revenues of ~€21 billion (INR 2,28,000 Cr.+)

* Worldwide Footprint: 27 manufacturing sites and 25 R&D centres, supported by a network of over 9,300 sales and service centres

* Customer First: Combining global capabilities with deep local understanding to deliver greater value and excellence for customers

* Talent Power: 73,000+ employees across six continents, creating a formidable global talent and technology base to define the future of commercial mobility

* Proudly Distinct: Preserving the strength of our brands, identities and industrial foundations, while exploring newer opportunities for growth Seamless Continuity: Customers, dealers, suppliers and partners experience seamless continuity from day one

* Possibilities Multiplied: New opportunities to unlock technology, market access and scale, with capabilities flowing both ways

Tata Motors Limited, India’s largest commercial vehicle manufacturer, and Iveco Group N.V., a leading international player in commercial vehicles, buses and powertrains, today marked a new beginning together as a global commercial mobility enterprise with the scale, reach and capabilities to compete and grow across markets and technology cycles. Ranked fourth[1] in the world amongst commercial vehicle manufacturers, the new enterprise combines deep industrial heritage, strong brands and complementary product portfolios spanning the breadth of commercial mobility, with a strategically diversified and growing presence across Europe, India, South America, Asia, the Middle East and Africa.

Announcing this at a global press meet in Turin, Italy, Mr. N Chandrasekaran, Chairman, Tata Sons, Tata Motors and Iveco Group, said: Today marks the beginning of an exciting new chapter for Tata Motors and Iveco Group. Two strong and successful organisations, united by shared values, a common commitment to sustainable mobility and an ambition to shape the future of commercial transportation, have come together to create a truly global commercial mobility enterprise. We will invest for the long term, enable ideas and capabilities to flow in both directions, and harness our combined scale, reach and talent to shape a future of mobility that is safer, smarter, more connected and more sustainable. I take this opportunity to express my appreciation to the Italian Government, the regulatory authorities across jurisdictions, our employees, shareholders and all the stakeholders whose trust, cooperation and support have helped us reach this important milestone. I also warmly welcome our colleagues from Iveco Group into the Tata family and look forward to all that we can achieve together.”

The collective strength and expertise of Tata Motors and Iveco Group in advanced powertrains, alternative energy, software, connected technologies and manufacturing, will accelerate innovation, open new frontiers for growth, and bring cleaner, smarter mobility solutions to customers at greater speed and scale, helping shape the future of commercial mobility.

Speaking on the occasion, Mr. Girish Wagh, MD & CEO, Tata Motors, said: “We are pleased to turn our strategic vision into an operational reality alongside our colleagues at Iveco Group. Together we have a compelling opportunity to create greater value for our customers and stakeholders. Our complementary portfolios, capabilities and geographic strengths provide a strong foundation for growth, while ensuring continuity from day one for customers, dealers and partners. Our ambition is to build a stronger enterprise by combining our strengths in engineering, new age technologies, sourcing, distribution and customer networks. We will accelerate innovation, broaden our reach and bring advanced solutions to customers faster and more competitively.”

United by a shared ambition for growth and green mobility, Tata Motors and Iveco Group will harness their combined scale, the talent of over 73,000 people and a two-way flow of engineering, technology and expertise to unlock the full potential of the combination.

Commenting on this fundamental milestone, Mr. Olof Persson, Chief Executive Officer, Iveco Group, said: “This is a defining moment for Iveco Group, and one we approach with confidence and great energy. We begin this new chapter proudly, with the brands, people, capabilities and industrial heritage that have shaped our company, alongside Tata Motors, a partner of great strength, with a deep understanding of the commercial vehicle business and a shared long-term perspective and commitment to sustainable transport. I want to thank our employees, customers, dealers, suppliers and partners for their trust and support. We now have the opportunity to build on everything Iveco Group has achieved, unlock new possibilities with Tata Motors and create an even stronger future.”

ANNEXURE

Strong Identities. Shared Ambition. Built for the Future.

The combination is founded on a clear principle: build on what makes Tata Motors and Iveco Group individually strong, while unlocking the greater possibilities they can create together.

Iveco Group will remain headquartered in Turin, Italy, with its brands, teams and industrial footprint retaining their distinct identities. Tata Motors will support Iveco Group’s existing strategy and investment plans, while both organisations collaborate to leverage their complementary strengths, deepen capabilities and create greater value for customers and stakeholders.

Global Scale. Worldwide Reach.

Together, Tata Motors and Iveco Group form a commercial mobility enterprise of significant global scale, with a presence in over 130 countries, sales volumes of ~590,000 units and combined revenues of ~€21 billion (INR 2,28,000 Cr.+).

This worldwide presence is supported by a strong industrial, innovation and customer network: 27 manufacturing sites, 25 R&D centres and approximately 9,300 sales and service centres.

Powering Mobility. Today and Tomorrow.

Across the combined enterprise, powertrain capabilities span the full spectrum: from conventional and established combustion technologies to natural gas to battery-electric, hydrogen and other emerging zero- and low-emission solutions.

This breadth of technologies, fuel choices and applications creates a powerful foundation to pursue multiple pathways to decarbonisation, addressing different customer needs and market realities while accelerating the transition towards cleaner commercial mobility.

For Customers. For Growth. For the Future.

The power of the combination lies in complementarity.

Tata Motors’ commercial vehicle portfolio spans sub-1-tonne to 55-tonne cargo vehicles and 10-seater to 51-seater mass-mobility solutions, with deep capabilities in India and high-growth emerging markets of Asia, Middle East & North Africa.

Iveco Group brings extensive capabilities across light, medium and heavy commercial vehicles and city and intercity buses, with strong positions across Europe and Latin America. FPT adds significant powertrain capabilities across on-road, off-road, marine and power-generation applications.

Together, this means more choice for customers: a broader range of vehicles, technologies and powertrain solutions, backed by the capabilities and reach to address increasingly diverse mobility needs.

Together, these strengths also create new possibilities to develop and deploy the next generation of commercial mobility solutions. Greater scale will help bring innovation to market faster and more competitively, while building on the distinct operational strengths of both organisations giving customers access to stronger technologies, capabilities, solutions and market reach across the combined enterprise. Importantly, the growth opportunity extends beyond Tata Motors and Iveco Group. It creates a larger canvas for ecosystem partners - suppliers, dealers and distributors - to grow with the combined enterprise, access new markets and opportunities, and collectively deliver greater value to customers around the world.

73,000+ people. A larger world of opportunity.

At the heart of this new global enterprise are more than 73,000 people across Tata Motors and Iveco Group, bringing together deep experience, diverse perspectives and world-class capabilities.

For employees, the combination opens new opportunities for collaboration, learning and professional growth. Technology, engineering expertise, market knowledge and best practices will flow in both directions, enabling both teams to learn from each other, innovate faster and take proven solutions and capabilities to more customers and markets around the world.

Seamless Transition

For customers, dealers, suppliers and business partners, the transition is seamless. Existing customer contracts, dealer and supplier relationships, warranties, aftermarket commitments and captive financing solutions continue unchanged and are supported by the same dedicated teams and networks.

The Road Ahead

With strong roots in India and Europe and a significant presence across Latin America and other international markets, Tata Motors and Iveco Group now move forward with a shared ambition: to create a stronger, more innovative and more resilient commercial mobility enterprise, capable of leading through the profound transformation underway in transportation.

The immediate priority is continuity. The longer-term opportunity is greater: to use the combined strength of the two organisations to accelerate innovation, expand customer choice, create new growth opportunities and advance the transition towards cleaner, safer and more intelligent mobility.

About Tata Motors (Formerly TML Commercial Vehicles Ltd):

Part of the USD 180 billion Tata Group, Tata Motors Ltd. (BSE: Scrip code 544569; NSE: Scrip code TMCV) is India’s largest manufacturer of utility vehicles, pick-ups, trucks and buses. Together with its subsidiary Iveco Group N.V., it is a global mobility enterprise with complementary brands, technologies and deep engineering expertise with a presence across 130+ countries and solutions spanning the entire spectrum of commercial mobility. Backed by Tata Motors’ eight decades of leadership, the combined enterprise brings greater scale, technological depth and international reach to serve evolving customer needs and shape the future of mobility. Guided by its brand promise, Better Always, Tata Motors continues to engineer future-ready solutions that enhance customer experience and drive sustainable growth.

As per the Composite Scheme of Arrangement sanctioned by the Hon’ble National Company Law Tribunal, Mumbai Bench—amongst Tata Motors Limited, TML Commercial Vehicles Limited (the Company) and Tata Motors Passenger Vehicles Limited—the Company’s name was changed to Tata Motors Limited from TML Commercial Vehicles Limited (effective 29 October 2025), and its equity shares are listed on the BSE Ltd and the NSE Ltd.

About Iveco Group

Iveco Group N.V. (EXM: IVG), a subsidiary of Tata Motors Ltd. and part of a leading global commercial mobility enterprise, is a major player in the automotive industry, built on a strong Italian heritage and with a consolidated international reach. The Group channels decades of engineering excellence and innovation into sustainable mobility and customer driven technologies. Its five brands play a leading role in their respective domains: IVECO, a pioneering commercial vehicles brand offering heavy, medium and light duty trucks; FPT, a global leader in advanced powertrain technologies in the agriculture, construction, marine, power generation and commercial vehicles sectors; IVECO BUS and HEULIEZ, renowned for their mass transit, premium bus and coach solutions; and IVECO CAPITAL, the Group’s financing arm supporting them all. Iveco Group employs 33,000 people and operates 16 industrial sites and 22 R&D centres. Further information is available at www.ivecogroup.com. 

TI Celebrates 70 Years Of Innovation In Europe Alongside Leading Customers To Engineer Next-Generation Systems

Photo Caption: From automation to AI-driven infrastructure, TI is collaborating with European industry leaders to shape the future of intelligent systems.

* Companies including ABB Robotics, Porsche, Schneider Electric and Husqvarna Group are working with TI to enable advancements in how the world moves, lives and works

News highlights:

TI is celebrating 70 years of operations in Europe, underscoring its commitment to helping customers across the continent and around the world solve their most complex engineering challenges.

From early automotive electronics to today's AI-driven infrastructure, TI has supported seven decades of technological advancement across Europe's key industries.

Through partnerships with key European companies, TI is shaping the future of mobility, automation and sustainable energy management.

Texas Instruments (TI) (Nasdaq: TXN) is celebrating 70 years of operations in Europe, demonstrating its long history of semiconductor innovation, research and development, manufacturing and customer partnership in the region. This milestone is a key part of TI’s near 100-year legacy of driving the technological advancements that power the modern world. The anniversary coincides with TI's participation at electronica 2026, November 10-13, in Munich, Germany.

“Our 70-year commitment to Europe is a significant part of our story, but it is also a reflection of TI’s passion – creating a better world by making electronics more affordable through semiconductors,” said Robert Berghoff, president of TI EMEA. “Our focus remains on empowering engineers in Europe and around the world as they navigate the transition toward more autonomous, AI-driven and intelligent systems. Whether through our local engineering or our global manufacturing scale, we are dedicated to providing reliable, high-performance semiconductors that help our customers solve their most complex design challenges."

Innovating what's next in intelligent systems

With the industry's most comprehensive portfolio of more than 80,000 analog and embedded processing semiconductors, TI enables efficient power management, precise sensing, seamless connectivity, and AI processing at the edge. Globally, TI helps more than 100,000 customers, including leading companies in Europe, accelerate innovation across key markets, from industrial automation systems that increase productivity to safer, more advanced vehicles.

Transforming industrial automation with ABB Robotics

As ABB Robotics advances the next generation of Autonomous Versatile Robotics (AVR™), physical AI is enabling robots to perceive, reason and act in increasingly dynamic industrial environments. Achieving this requires innovation across the technology stack, from sensing and computing to control and power management. TI semiconductor technology helps support the performance, efficiency and real-time control requirements of intelligent robotic systems. Technologies including real-time control microcontrollers, sensing solutions and motor-control components play an important role in enabling increasingly autonomous, adaptive and connected automation solutions.

"The transition toward physical AI and with it autonomous versatile robotics depends on advances across the entire technology ecosystem," said Johan Ernlund, Global R&D Manager - Platform, ABB Robotics. "TI's leadership in real-time processing, sensing and motor control provides important building blocks for the next generation of industrial automation. Together, we are helping create robotic systems that can operate safely, intelligently and efficiently in increasingly complex environments."­­

Architecting next-generation vehicles with Porsche

As the automotive industry shifts toward vehicles that are more intelligent and immersive, the need for advanced, efficient semiconductor solutions has never been more critical. In partnership with Porsche, TI is enabling a new era of automotive excellence through industry-leading audio and gallium nitride (GaN) technologies.

"Bringing next-generation vehicle experiences to our customers means that we are not just adopting technology, but actively driving it forward," said Lars Heuken, Strategic Semiconductor Management, Porsche. "By working with TI to integrate GaN technology, we can achieve more efficient and compact designs without compromising on performance. This collaboration also allows us to define the next step in high-end audio performance, ensuring an exceptional experience inside the cabin."

Powering AI from grid to gate with Schneider Electric

As AI infrastructure and sustainable energy drive unprecedented power demands, TI is partnering with Schneider Electric to solve critical design challenges and enable the next generation of AI data centers. By combining TI’s semiconductor innovations – including advanced power conversion, improved energy efficiency and scalable infrastructure – with Schneider Electric’s power management expertise, the two companies are enabling higher power density in increasingly compact footprints.

“At Schneider Electric, we're focused on building a more sustainable and resilient future,” said Ard Verboon, Chief Procurement Officer, Schneider Electric. “As an enabler of the energy transition, we’re constantly seeking the high-efficiency power solutions that today's critical design challenges demand. TI's technologies provide the building blocks for systems that require resilience and efficiency, from energy management systems to industrial automation.”

Accelerating innovation in intelligent outdoor systems with Husqvarna Group

As consumers demand greater convenience and reduced maintenance through more autonomous and connected outdoor products, engineers must accelerate the transition from concept to implementation at unprecedented speeds. TI and Husqvarna Group have been collaborating to bring next-generation products to market, from smart watering solutions to robot lawn mowers. By leveraging TI’s advanced development tools, Husqvarna Group engineers can optimize every stage of the development cycle, allowing them to focus on high-value innovation: building the smart, connected solutions that set new standards for precision and ease of use.

TI at electronica 2026

At electronica 2026, TI will showcase how its analog and embedded processing products are helping innovate what’s next in intelligent systems. Demonstrations include the latest advancements in automation, automotive, sustainable energy and more. Visit ti.com/electronica for more information.

About Texas Instruments

Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures and sells analog and embedded processing chips for markets such as industrial, automotive, data center, personal electronics and communications equipment. At our core, we have a passion to create a better world by making electronics more affordable through semiconductors. This passion is alive today as each generation of innovation builds upon the last to make our technology more reliable, more affordable and lower power, making it possible for semiconductors to go into electronics everywhere. Learn more at TI.com.

Hyundai Motor India Foundation Announces Grants Worth INR 60 Lakh

Under its flagship ‘Art for hope’ Initiative Themed ‘India in Motion’ - Season 6 of ‘Art for hope’ invites artists, artisans and art collectives from across India Applications are open until November 15, 2026, at hyundaiartforhope.com

50 grants to be awarded under Art for hope - Season 6, empowering emerging artists, artisans and creative institutions across India Selected grantees will receive financial support, mentorship, national visibility and opportunity to showcase their work at the Art for hope Festival Since inception, Art for hope has awarded grants worth INR 2.20 crore, supporting 200+ artists across 22 States and Union Territories.

The initiative has promoted 75+ traditional and folk-art forms, while engaging 35,000+ visitors, including 61% first-time exhibition visitors, through its annual festival Hyundai Motor India Foundation (HMIF), the CSR arm of Hyundai Motor India Limited (HMIL), today announced the launch of Season 6 of its flagship Art for hope initiative, offering grants worth INR 60 lakh to support creative projects across India.

Season 6, themed ‘India in Motion’, invites artists, artisans, collectives and creative practitioners to explore how a rapidly evolving India is shaping new ideas, identities and possibilities through art. Selected grantees will receive financial support, mentorship, national visibility and an opportunity to showcase their work at the Art for hope Festival.

Commenting on the launch of Art for hope - Season 6, Mr. Tarun Garg, MD & CEO - HMIL, said, At Hyundai, our global vision of ‘Progress for Humanity’ goes beyond mobility to create opportunities that empower people and communities. Through ‘Art for hope’, we have awarded over INR 2.20 crore in grants, supported 200+ artists across India and helped preserve more than 75 traditional and folk-art forms. With Season 6 providing grants worth a total of INR 60 lakh, we look forward to enabling creative voices that reflect the aspirations, diversity and dynamism of a rapidly evolving Bharat. Guided by the virtues of Trust. Pride. Progress. We remain committed to fostering cultural inclusion, creativity and community development through arts.

Since its inception, Art for hope has expanded its footprint across 22 States and Union Territories, building a platform that connects artists, artisans and creative communities with wider audiences. Its annual festivals have welcomed 35,000+ visitors, including 61% first-time exhibition visitors, while supporting 100+ artisan and NGO stalls, generating livelihood opportunities and enhancing visibility for grassroots creative talent.

What are the categories and opportunities in Art for hope - Season 6?

Applications are invited across six categories:

Visual Art

Digital Art

Performing Art

Traditional Art & Craft

Functional Art

Multidisciplinary Projects

How to participate in Art for hope - Season 6?

Applications for Art for hope - Season 6 are open until November 15, 2026.

Participants can apply online through the official website: hyundaiartforhope.com

What Does the Season 6 Theme - ‘India in Motion’ Signify?

‘India in Motion’ reflects the spirit of a nation on the move, where people, ideas, communities and cultures are continuously shaping new possibilities.

The theme encourages artists to explore how progress, aspiration, innovation and inclusion influence lives across urban and rural India Season 6 will continue the initiative’s ‘Art without Barriers’ approach, encouraging participation from underserved and marginalized communities including persons with disabilities.

Through Art for hope, HMIF continues to create meaningful opportunities for emerging and underserved creative voices, including women, rural artisans, traditional and folk artists, underserved communities and persons with disabilities. Beyond financial grants, the initiative provides mentorship, national visibility and platforms for showcasing creative work, while advancing cultural preservation, inclusion and community development through art.