BMW, Tata Technologies form JV to drive automotive software biz
The joint venture will initially start with 100 employees at these three locations and rapidly scale to four-digit number of employees by the end of 2025.
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Tata Technologies FY24 profit surges 9% at ₹679 cr; revenue grows 16%
The board of Tata Tech proposes a final dividend of ₹8.40 and a special dividend of ₹1.65 per equity share for its shareholders
Tata Technologies shares gain 7% on plan to form JV with BMW
Both Tata Technologies and the BMW Group will equally hold 50% stakes in the joint venture (JV) company.
Prepare for disruption in 2024; proactively pursue AI: Tata group chief to employees
Tata Sons chairman N Chandrasekaran, in his New Year message, says GenAI is a potential antidote to India's access and inequality problems
2024 Ahoy! 57 firms garner ₹49K cr via IPO in 2023; ₹63K cr fundraise lined up for New Year
IREDA, Cyient DLM, Tata Technologies, Netweb Technologies, and Senco Gold are top performers in terms of returns over IPO price.
Flair Writing Industries shares list at 65% premium over IPO price
Post listing, Flair Writing Industries shares rose 69% to ₹514 on the BSE, while the market capitalisation climbed to ₹4,780 crore.
Gandhar Oil shares list at 74.79% premium over IPO price; Fedfina fails to enthuse investors
Shares of Fedfina list below the upper price band at a discount of 1.61% at ₹137.75 apiece
An early Christmas for Tata Tech shareholders; stock lists at 140% premium at ₹1,200
Post listing, Tata Technologies shares gained 180% over the IPO price to ₹1,400 apiece, while the market capitalisation surged to ₹56,555 crore.
Tata Motors shares hit 52-week high ahead of Tata Tech listing
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Tata Tech IPO: Issue fully subscribed within an hour; set to smash TCS record
Tata Tech IPO was subscribed 1.93 times by 11:27 am; the quota for retail investors, NIIs and QIBs were booked 1.68 times, 2.78 times and 1.98 times, respectively.
