While speaking on the sidelines of the groundbreaking ceremony of Tata Electronics' Rs 91,000 crore chip manufacturing plant and Rs 27,000 crore chip assembly facility in Assam, Chandrasekaran said there will be the expansion of projects but only after the company cross the early milestones.

The CCCS identified a significant market share held by the parties on four routes of concern, specifically between Singapore and Indian cities of New Delhi, Mumbai, Chennai, and Tiruchirapalli.

A report revealed that the listed entities of Tata Group have demonstrated remarkable performance in the stock market over the past year, propelling their collective value beyond that of Pakistan's entire economy, which continues to grapple with daunting levels of debt and inflation.

A partnership with Uber, renowned for its mobility solutions, holds promise in driving daily user engagement on Tata Neu while expanding its product portfolio beyond conventional offerings. Moreover, under Uber Technologies CEO Dara Khosrowshahi's leadership, Uber has diversified into sectors such as grocery delivery and high-margin advertising, presenting opportunities for synergies with Tata Neu.

Shares of Tata Motors climbed 2.19 per cent to settle at Rs 859.25 apiece on the BSE. During the day, it jumped 5.40 per cent to reach its 52-week high of Rs 886.30.

The momentous pact, finalized amid French President Emmanuel Macron’s recent Republic Day visit to India, signifying a collaborative effort to bolster indigenous manufacturing capabilities in the aerospace sector.

Tata Passenger Electric Mobility Ltd, a subsidiary of Tata Motors, acquired the facility from Ford India for Rs 725.7 crore in January the previous year.