Tata Technologies has today signed a Memorandum of Agreement (MoA) with Department of Industries & Commerce, Government of Tripura, Secretariat, Agartala, for ITI Upgrade project for upgrading 19 ITI across Tripura. The value of the project is Rs 95.65 crore. Powered by Capital Market - Live News

Net profit of Tata Technologies declined 1.85% to Rs 157.41 crore in the quarter ended September 2024 as against Rs 160.38 crore during the previous quarter ended September 2023. Sales rose 2.15% to Rs 1296.45 crore in the quarter ended September 2024 as against Rs 1269.17 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1296.451269.17 2 OPM %18.1716.88 - PBDT247.38239.45 3 PBT217.48213.28 2 NP157.41160.38 -2 Powered by Capital Market - Live News

Tata Technologies will hold a meeting of the Board of Directors of the Company on 28 October 2024.Powered by Capital Market - Live News

Tata Technologies has received a letter from the Government of Chhattisgarh (CoG), informing the Company about closure of the project entailing upgrading of 36 ITIs as Center of Excellence. The Company has today i.e. 10 August 2024, sent a letter to the CoG accepting the termination of the Memorandum of Agreement and agreed to initiate steps for refund of the Escrow Amount.Powered by Capital Market - Live News

Tata Technologies has announced a strategic partnership with Arm aimed at driving innovation in software-defined vehicles (SDVs). Combining Tata Technologies` rich automotive domain expertise and software capabilities with high-performance, power-efficient Arm� Automotive Enhanced (AE) technologies, this partnership strives to reduce the development time of SDVs for automotive OEMs. The automotive industry is transforming towards SDVs, driven by the growing demand for connected, autonomous, and electric vehicles. The evolution of SDVs demands sophisticated software seamlessly integrating with hardware to enhance functionality, safety, and user experiences. As part of this strategic partnership, Tata Technologies will develop a SOAFEE reference architecture stack using the Arm AE portfolio and Arm Compute Subsystems (CSS) for Automotive, along with enabling a cloud-native development framework integrating a variety of DevSecOps and virtual platform solutions to shift-left the development of SDVs, accelerating the time to market for automakers.This partnership builds on the momentum from CES 2024 and Mobile World Congress 2024, where Tata Technologies and Arm jointly demonstrated a cloud-native reference software architecture for SDVs on Arm SoCs. These solutions were presented at Embedded World 2024 on the newly launched Arm Cortex�-A720AE in a virtualised environment, realising a shift-left strategy for safety-critical vehicle software running on heterogeneous computing systems. Powered by Capital Market - Live News