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Tata Tech-BMW JV is good, but not enough

While this partnership undoubtedly opens up new avenues for growth and diversification for Tata Technologies, it is not a panacea for the company s broader challenges

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BMW & Tata Tech to form JV & develop automotive software

According to media reports, BMW Group & Tata Technologies have signed an agreement to establish a joint venture (JV) to develop automotive software in India. The JV will also see the establishment of an IT development hub in Bengaluru, Pune & Chennai.

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Tata Tech shares jump 12% after JV with BMW; here s what brokerages say about Tata Group firm

Shares of Tata Technologies gained more than 4.2 per cent to Rs 1138.80 during the trading on Wednesday, commanding a total market capitalization of more than Rs 46,000 crore.

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Tata Technologies jumps on executing JV agreement with BMW Group

Tata Technologies jumps on executing JV agreement with BMW Group
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Tata Tech and BMW Group form JV to develop auto software and IT solutions, ET Auto

Tata Tech And BMW: The new Joint Venture (JV) will deliver automotive software, including software-defined vehicle (SDV) solutions for BMW Group’s premium vehicles and digital transformation solutions for its business IT. The JV will commence operations with 100 talented Innovators and intends to grow quickly to a four-digit number in the following years. The JV will become part of BMW Group’s global network of software and IT hubs.

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