Tata Communications share price jumps over 4% after JLR partnership move
Live MintTata Communications share price jumped over 4% on Tuesday after it announced strengthening of partnership with Jaguar Land Rover. The collaboration will empower JLR’s next-generation software-defined vehicles with continuous connectivity and access to intelligent services even in the remotest locations across 120 countries, Tata Communications said in a release. “Leveraging Tata Communications MOVE™ platform, JLR’s upcoming medium-sized SUVs built on the new Electric Modular Architecture will seamlessly transition between mobile networks and operators, enabling non-stop access to personalised connected services, such as media streaming. The use of Tata Communications MOVE™ platform will increase this data exchange and enable JLR engineers to harness deeper insights, monitor vehicle performance in real-time, and enable more prompt updates over the air to improve vehicle maintenance and servicing, reducing costs for the car owners and JLR, the company release said. Tata Communications Share Price Trend Tata Communications shares have fallen over 8% in one month and more than 10% in six months.