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Tata Technologies Rebounds From Covid-19 Pandemic Lows, Eyes About $500 Mn Revenue This Fiscal

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Tata Technologies, a global engineering and product development digital services firm, expects to clock close to half a billion dollars in revenue this fiscal, riding on accelerated growth from electric mobility across the globe and offshoring of projects by its customers in the aftermath of COVID-19, according to a top company official. The company, which had witnessed a “precipitous drop” in revenue at the beginning of the pandemic, had clocked a revenue of USD 119.3 million in the second quarter of the ongoing fiscal as compared to USD 80.1 million in the same period of FY21.

“We’ve seen sequential quarter on quarter growth now for the last six quarters and we expect that to continue. We had a precipitous drop in revenue at the beginning of COVID-19. We’ve seen all of that comeback.” This year (fiscal) for the first time in our history, we’ll get close to half a billion dollars (revenue),” Tata Technologies CEO and Managing Director Warren Harris told PTI. Terming the second-quarter revenue as “the largest revenue that we’ve ever had in our history” he said, “So to go from that precipitous drop at the beginning of COVID, up to a point whereby we are bigger now than we’ve ever been is a testament to our portfolio and value proposition, the relationships with customers, but also the excitement that surrounds our industry.”

When asked if the company’s revenue growth would mainly come from its capability in electric mobility, he said, “I think it’s appropriate to say that the move to electrification has provided the catalyst for the breakout growth that we’ve enjoyed in the last 12 months.” However, he added, “But I would also caveat that, to say that COVID has taught all of our manufacturing customers — not just automotive, industrial machinery and now aerospace is coming back — that complex engineering, full turnkey product development can be undertaken in an offshore context.”

“And that is something that Tata Technologies is uniquely known for. That is also providing the type of fuel to the growth that we’ve received.” Elaborating on the company’s strength in the electric vehicle (EV) space, Harris said, “We have the great privilege, from a market position, to work with some of the most progressive automotive companies in the world — not just the startups, not just the new energy vehicle companies but a lot of traditional OEMs that are investing very heavily to catch up with the likes of Tesla.”

Stating that Tata Technologies developed its first EV in 2012 and has been investing in building skills and intellectual property on EV technology for over 10 years, he said a lot of that has been done “in the anticipation of the kind of pendulum swing that we’re seeing at the moment” with almost everybody moving away from internal combustion engines to embrace some form of electrification. “That history of 10 plus years in this space and the fact that we’ve worked with the likes of NIO, the fact that we’ve worked with the likes of Rivian, the fact that we were very much involved with JLR’s investment in the I-Pace, those experiences and the investments that we’ve undertaken has really positioned Tata Technologies in a relatively unique way,” Harris added.

While the pandemic has hit hard, a lot of positives have emerged from it from Tata Technologies’ point of view. “At the outset of COVID-19, none of us knew what was going to happen. Our customers in not just automotive but also in aerospace and industrial heavy machinery, most of them took steps to cut costs and to protect their own viability and health. “We had organisations in different parts of the world that executed their force majeure clauses within contracts, and short closed engagements with us,” he said. The first three months of the last fiscal — April, May and June of 2020 — was a “very difficult time for the industry. It was a very difficult time for our customers and by association ourselves”, he recalled. Since then, he said, “Most of our customers have taken that opportunity to really affect the change from the old way of doing things to the new way of doing things.” The appetite for outsourcing has grown exponentially, the confidence in digital has grown exponentially, and the willingness to change has accelerated.

“All of that has meant tremendous demand for, again, our industry, and specifically for organisations like Tata Technologies that are regarded as strategic partners to many of our customers.” As a result, he said Tata Technologies has witnessed sequential quarter-on-quarter growth now for the last six quarters.

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90 Day Fiancé: Biggest Cast News Stories This Week (Nov 22) – Screen Rant

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90 Day Fiancé: Biggest Cast News Stories This Week (Nov 22)  Screen Rant

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Where To Watch Aftermath on Netflix, Amazon Prime, Hulu, HBO Max?

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Where To Watch Aftermath on Netflix, Amazon Prime, Hulu, HBO Max?

Aftermath is based on a true story. Yes, it is based on a true story of a couple named Jerry Rice and Janice Ruhter. The couple bought a house in San Diego, California, when they had some marital problems and soon started discovering the history behind the house.

The film ‘Aftermath,’ a Netflix horror movie released on 4 August 2021on Netflix and movies, was not released theatrically. The movie’s story is based on the same story, and the plotline follows a young desperate married couple trying to save their marriage. They decide to move into their dream home, and soon the dream shatters, and they have to face the house’s troubled history.

Netflix: The movie is available on Netflix and exclusively released on the streaming platform. You can watch ‘Aftermath’ on Netflix either by subscription or availing of the 30-day free trial.

Amazon Prime, Hulu, and HBO Max: The movie ‘Aftermath’ is unavailable on any other streaming platform. The viewers can only watch it on the Netflix streaming platform. There’s no information on whether the movie will be available across different digital platforms like Amazon Prime, Hulu, and HBO Max.

The horror mystery movie ‘Aftermath’ is available exclusively on Netflix, and it is not available on any other streaming platform. The couple’s desperation to save their marriage, coupled with their prominent feeling of being stalked, makes the movie quite enjoyable. The pace of the film is adequate and can be enjoyed while watching.

The chilling plot of the movie keeps the viewers captivating till the very end. The movie’s final scene has kept people on the edge of their seats, and fans of the film keep wondering whether we’ll get a sequel or not. Only producers and time will tell.

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Demon Slayer Season 2 Episode 8 Official Title, Key Visual, Release Date Revealed

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A new image from Demon Slayer Season 2 Episode 8 teases a new journey for Tanjiro and Nezuko!

It’s finally time for the next Demon Slayer: Kimetsu no Yaiba Season 2 arc and that means a new mission for Tanjiro Kamado, his sister Nezuko, Zenitsu Agatsuma, and Inosuke Hashibira. So what can we expect in Yukaku-hen next week? The key visual for Demon Slayer Season 2 Episode 8 teases a new journey for Tanjiro and Nezuko. In addition to that, the episode’s official title and release date have been revealed.

The key visual was shared by the official Demon Slayer Twitter account right after the latest episode concluded. The image features Tanjiro once again carrying Nezuko’s box and looking toward an unseen goal. Check it out below.

Although it is unclear what Tanjiro is looking at, there is a possibility that he is once again on the road and heading for an important location. Could this mean he is on his way to visit Rengoku Kyojuro’s family to share the messages the Flame Hashira left for his father and little brother?

The tweet also confirms that Demon Slayer Season 2 Episode 8 will be titled Sound Hashira Tengen Uzui (“On Bashira Uzui Tengen”). This means we will immediately get to see Uzui drafting the young Demon Slayers for a new mission. However, it is still possible that Tanjiro will first visit Rengoku’s family where he could learn about an ancient technique similar to his own family’s Hinokami Kagura.

The latest episode of Demon Slayer Season 2 concluded the Mugen Train arc which ended with Rengoku’s death. Episode 8 is then set to kickstart the Entertainment District arc, which follows Uzui and the young Demon Slayers as they investigate a demon working as an oiran in the Yoshiwara red-light district.

Demon Slayer: Kimetsu no Yaiba Season 2 Episode 8 is titled Sound Hashira Tengen Uzui (“On Bashira Uzui Tengen”). The new episode will premiere on Sunday, December 5, 2021, at 11:15 PM JST.

Related: Demon Slayer Season 2 Episode 7: Can Inosuke and Tanjiro Help Rengoku Defeat Akaza?

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