Category: Official Press Release

Experience, not nationality, key for new CEO at France’s Renault – minister

PARIS, Oct 15 (Reuters) – Experience in overhauling a company and a track record in industry will be more important than nationality when carmaker Renault chooses a new chief executive, France's junior economy minister said on Tuesday.
Renault, in which the French government owns a 15% stake, last week kicked off the search for a new leader after ousting CEO Thierry Bollore, hoping new blood will help it repair relations and strengthen a partnership with Japan's Nissan , which has also switched top managers.
The French state, with a boardroom vote on Bollore's successor, is open to casting the net wide, junior minister Agnes Pannier-Runacher told Reuters.
“When we had to find the best profile for someone to lead Air France, we got someone who is not French – very well,” said Pannier-Runacher, referring to ex-Air Canada boss Ben Smith's appointment last year at the airline, in which Paris also holds a stake.
“It's the best profile that counts here, someone that ..

Self-Driving Requires Unprecedented Collaboration

By: Raj Kapoor, Chief Strategy Officer; and Luc Vincent, EVP Autonomous Driving In conversations about self-driving cars, people often talk about the rush to full autonomy like they’re commentators on a race — tracking new developments in technology, analyzing the strategic moves of the companies hurrying to be first. It’s easy to get caught up… Continue reading Self-Driving Requires Unprecedented Collaboration

Ford Pilots Blockchain Tech to Promote Cleaner Air in City Centres; Extends Hybrid Electric Transit Trials to Cologne

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Ford Pilots Blockchain Tech to Promote Cleaner Air in City Centres; Extends Hybrid Electric Transit Trials to Cologne

Ford pilots innovative geofencing and blockchain technology to ensure vehicles operate efficiently in city centre low-emission zones
Transit Custom Plug-In Hybrid trials in Cologne, Germany, complement tests in London and Valencia, Spain, designed to optimise environmental benefits of such vehicles
New plug-in hybrids target electric-only zero-emission NEDC driving range of 56 km (35 miles); 1.0-litre EcoBoost engine charges battery when needed, extending range to more than 500 km (310 miles) NEDC
Ford Transit Custom is the first vehicle in its class to offer plug-in hybrid technology, and is available to order now with first deliveries by the end of the year; all-electric Transit anticipated in 2021

Ford today extends its European plug-in hybrid electric vehicle (PHEV) trial to Cologne. The study, which is also testing Ford P..

Anniversary: 25 years of the ŠKODA FELICIA

A new chapter in ŠKODA AUTO’s history began a quarter of a century ago with the ŠKODA FELICIA. The company had been visually modernising the FAVORIT, FORMAN and PICK-UP before joining the Volkswagen Group in 1991. Introducing the FELICIA, however, proved to be a turning point for ŠKODA: 1,187 newly developed vehicle components were used… Continue reading Anniversary: 25 years of the ŠKODA FELICIA

PSA aftermarket presents its new products at the Equip’Auto international trade fair

Distrigo now distributes Opel and Vauxhall parts, is expanding its product range and opening new Distrigo hubs abroad Service Box Multi-brand, the new online multi-brand catalogue, is deployed in 86 countries Eurorepar Car Service is extending its range of services and pursuing its international development Distrigo is strengthening its 360° product offer The range of… Continue reading PSA aftermarket presents its new products at the Equip’Auto international trade fair

Decision on Turkey plant postponed, VW tells Tanjug

The Volkswagen board of directors has postponed a decision on the construction of a new car plant in Turkey over Ankara’s military action in Syria, a source in the German automotive concern has told Tanjug.The plant, worth between 1.2 bln and 1.5 bln euros, was to be built near Izmir and hire up to 4,000 people.Serbia and several countries in the region were also vying to land the investment.

Department of Urban Planning & Municipalities (DPM), Abu Dhabi, and Tech Mahindra launch Blockchain Solution for Land Registry

Newsroom/Press Releases/Department of Urban Planning & Municip…

Department of Urban Planning & Municipalities (DPM), Abu Dhabi, and Tech Mahindra launch Blockchain Solution for Land Registry

Enhance citizen services by increasing transparency and traceability of records, security, and ensuring easy archival of data

Abu Dhabi, New Delhi – October 6th 2019: Tech Mahindra Ltd. a leading provider of digital transformation, consulting and business reengineering services and solutions, has announced today a partnership with the Department of Urban Planning and Municipalities (DPM), a leading UAE Government entity to launch a Blockchain solution for Land Registry using SmartHub Application. The solution will enhance citizen services by increasing transparency and traceability of records, security, and ensuring easy archival of data.

The solution will enable digital transformation of land registry – it will decrease the processing time related to Land Registry related transactions and create value which can bring benefits to citizens and multiple entities associated with municipalities (like property developers, banks).

Speaking on the occasion, on behalf of Department of Urban Planning and Municipalities, Ahmad Abdolsamad AlHammadi – CIO Abu Dhabi Municipality, said, “The government and private sectors in Abu Dhabi are working together to achieve the digital transformation agenda led by the government. We believe in proactively embracing new age technologies and delivering better citizen experiences to the residents of Abu Dhabi. The implementation of next gen technologies like Blockchain and SmartHub digital services will help serving a wider segment of citizens enhancing customer happiness, quality of life and accessibility of our services. This is a beginning of many more services that we plan to roll out during the course of the year.”

All the property related documents issued by the municipalities will be stored in Blockchain and can be tracked through Blockchain nods extended to different entities. SmartHub application using Blockchain will also provide benefits in services like Buying Resale Property and Tenancy Contract Verification etc.

Ram Ramachandran, General Manager and Head of Middle East & Africa, Tech Mahindra, said, “We are delighted to be a strategic digital and technology partner to Department of Urban Planning & Municipalities (DPM) in the journey towards enhanced government to citizen experience. The Blockchain program for Land Registry demonstrates the progressive nature of the Abu Dhabi government. Tech Mahindra is committed to enable its customers in digital transformation roadmap, build and deliver of cutting-edge technology solutions and services that address real world problems and meet customer’s evolving and dynamic needs.”

As part of the TechMNxt charter, Tech Mahindra is focused on building an ecosystem that supports collaboration in the real sense and provides enhanced experience to customers globally be leveraging next generation technologies. As a step in this direction, Tech Mahindra has collaborated with some of the finest start-ups, working with academia, drawing from the millennial workforce, and jointly creating cutting-edge technology solutions with partners.

About DPM

The Department of Urban Planning and Municipalities (DPM), initiate, drive and support Abu Dhabi's urban development strategy. By transferring DPM vision and overarching principles to physical settings, DPM develops strategic plans that are designed to shape the Emirate. The vision is built on a comprehensive analysis of the urban fabric, land availability and its best use, environmental issues, mobility, infrastructure and urban services that need to be integrated in our Emirate-wide planning strategy.

As Information Technology spreads its wings to touch every sector and segment, the governments across the world are seen leading in terms of embracing the digital technologies in order to improve their citizen services. Backed by the progressive leadership, UAE is one of the key countries in the Gulf Cooperation Council (GCC) region, which is leveraging the power of Information Technology to leapfrog in its technology transformation journey.

About Tech Mahindra

Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise™. We are a USD 4.9 billion company with 125,700+ professionals across 90 countries, helping 941 global customers including Fortune 500 companies. Our convergent, digital, design experiences, innovation platforms and reusable assets connect across a number of technologies to deliver tangible business value and experiences to our stakeholders. Tech Mahindra is the highest ranked Non-U.S. company in the Forbes Global Digital 100 list (2018) and in the Forbes Fab 50 companies in Asia (2018).

We are part of the USD 21 billion Mahindra Group that employs more than 200,000 people in over 100 countries. The Group operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, after-market, information technology and vacation ownership.

We have been present in the Middle East region for over 20 years with offices in 6 countries in GCC offering digital and technology services to our customers in the region.

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For more information on Tech Mahindra, please contact:

Tuhina Pandey, Global Corporate Communications
Email: media.relations@Techmahindra.com; Tuhina.Pandey@TechMahindra.com