Tata Technologies shares rally over 3% on signing deal with Telechips to make software-defined vehicles

Tata Technologies shares rose 3.4% to Rs 912 on the BSE after announcing a strategic deal with Telechips to develop software solutions for next-generation software-defined vehicles (SDVs). The collaboration, formalized through a Memorandum of Understanding (MoU), will integrate Tata Technologies' automotive software expertise with Telechips' advanced semiconductor technologies to develop turnkey SDVs.