Tata Technologies shares jump 9% after expanding strategic partnership with Tenneco
New Delhi, July 2 -- Shares of Tata Technologies surged 9% in Thursday's intraday trade, July 2, to Rs.729.20 apiece after the company announced a strategic expansion of its long-standing partnership with global automotive supplier Tenneco LLC.
Under the expanded agreement, Tenneco is expected to invest more than $100 million over the next five years to accelerate engineering innovation, digital transformation, and AI-led mobility solutions, further strengthening Tata Technologies' position as a key engineering partner for the global automotive industry.
The company said the engagement will leverage India's deep engineering talent pool to accelerate innovation and enable Tenneco to respond more swiftly to evolving global market demands....
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