Tata Technologies, Hero MotoCorp and Sai Parenterals to see some action today

02 Jul 2026 Evaluate

Tata Technologies has expanded partnership with global automotive component manufacturer Tenneco. The two partners reaffirmed their commitment to advancing technical excellence, digital innovation, and long-term growth. The collaboration also reflects a long-term strategic commitment, with Tenneco expected to make an investment of over $100 million in this engagement over the next five years.

Hero MotoCorp has reached a pivotal milestone in its nation-building mission with the Foundation Stone Laying Ceremony for its second Global Parts Centre (GPC) in Tirupati, Andhra Pradesh. This landmark facility, representing a significant investment of over Rs 750 crore, serves as the foundation of an expansive Rs 3,200 crore plus investment roadmap. The investment is aimed at transforming Tirupati into a world-class manufacturing and electric mobility hub, while strengthening Hero MotoCorp’s global supply chain and reinforcing India’s position in the automotive and EV ecosystem.

Sai Parenterals’ Australian subsidiary -- Noumed Pharmaceuticals has successfully renewed its long-term exclusive OTC Medicines Supply Agreement with one of Australia's leading, multi-billion-dollar pharmacy chains with an expanded product portfolio, a longer agreement tenure, and a significantly higher agreement value - reflecting a trusted customer relationship. The renewed agreement is valued at AUD 202 Million (approximately Rs 1300 crore) for the term - translating to about AUD 27 Million per annum - to be executed over an extended term of 7 and half years-- with a further 3-year extension option upon mutual consent.

Exato Technologies has received an export order from a global entity for the provision of software licenses. The value of the aforesaid order is $479,375, exclusive of applicable taxes, duties, levies and other government-imposed charges. The receipt of this order reinforces the company’s growing presence in global markets and reflects its continued focus on delivering customer experience (CX) technology solutions to global customers.

POCL Enterprises’ (POEL) Board of Directors has approved the acquisition of a controlling 51% stake in Trichy Metals and Alloys (TMA). The acquisition of TMA, which is engaged in the same line of business as the company, aligns with POEL’s strategic goals of boosting resource efficiency and growing our market share in lead recycling space. This acquisition is expected to create significant value for POEL through synergies with existing TMA shareholders. By this acquisition Trichy Metals and Alloys shall become a Subsidiary Company of POCL Enterprises. The decision was finalized during a board meeting on July 1, 2026.

DEV Information Technology (DEVIT) has been awarded a work order from Gujarat International Finance TecCity Company (GIFTCL). The engagement aims to transform GIFT City's digital ecosystem into a world-class communication and investor engagement platform, further reinforcing GIFT City's position as India's premier International Financial Services Centre (IFSC). The project encompasses the design, development, deployment, implementation and maintenance of a modern, secure and scalable multilingual web-portal for GIFT City, along with the development of an interactive Digital Twin platform.

Faze Three has received approval under Production Linked Incentive (PLI) Scheme of Government of India in the MMF Fabrics and Technical Textiles segment on July 01, 2026. The incentive would be payable on incremental sales of eligible products of the company over the base year sales as defined in the PLI Scheme.

Tata Technologies, Hero MotoCorp and Sai Parenterals to see some action today

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