9SEPTEMBER 2025TATA TECH ACQUIRES ESTEC TO BOOST AUTO SOFTWARE EXPERTISENCC WINS 2,090.5 CR RESERVOIR PROJECT IN BIHARIn order to build a strategic foothold in the automotive capital of Europe, Tata Technologies paid Rs 750 crore to acquire Germany's ESTEC.The agreement enhances Tata Tech's software-defined vehicle capabilities, namely in the areas of linked vehicle technologies and advanced driver assistance systems (ADAS). With 300 professionals joining the team, Tata Tech wants to increase profitability and innovation right away.ESTEC will now be entirely owned by Pune-based Tata Technologies Ltd, which will combine its knowledge of comfort electronics and ADAS. Tata Tech hopes to advance NCC had obtained an order for Rs 2,090.5 crore from the Bihar Water Resources Department for the building of the Barnar reservoir scheme in the Jamui area, NCC rose 2.19% to Rs 216.75.from execution partner to co-innovator in high-value, software-driven automotive innovations by incorporating ES-Tec's expertise. The acquisition is anticipated to boost earnings per share right away and won't involve any workforce reduction.With quicker development cycles, competitive prices, and a wider customer base, the combined skills position Tata Tech as a major participant in software-defined cars, assisting multinational automakers. Tata Tech's technological and commercial synergies are further reinforced by ESTEC's long-standing connections with German manufacturers.The acquisition represents a change for India from cost-based engineering services to international collaborations in innovation. By allowing Tata Motors and other Indian companies to incorporate cutting-edge ADAS, linked platforms, and over-the-air software updates into EVs, it strengthens the nation's position in the electric vehicle ecosystem.The business claims that this acquisition will accelerate skills in ADAS, connectivity, and software-defined cars, with significant ramifications for India's engineering workforce and EV aspirations. India's emergence as a reliable partner in high-value mobility solutions is reflected in Tata Tech's strategic repositioning in the global automotive landscape by establishing a presence in Wolfsburg. Building the Barnar reservoir, dams, irrigation channels, and other related projects are all included in the scope of work. The contract will be carried out by Construction and has a total value of 2,090.5 crore, and moreover it is 30 months Defect Liability Period (DLP).After a 30-month project completion time, there will be a 60-month defect liability period. The business explained that the contract does not qualify as a related-party transaction and that neither the promoters nor any connected group businesses had any stake in the awarding authority.NCC works in the infrastructure sector, mainly developing commercial and industrial infrastructure, housing projects, roads, bridges, and flyovers, projects related to water supply and the environment, mining, power transmission lines, irrigation, hydrothermal power, etc.Comparing Q1 FY26 to Q1 FY25, the company's consolidated net profit decreased 8.46% to Rs 192.14 crore from Rs 209.92 crore. In the first quarter of FY26, revenue from operations also decreased 6.31% year over year (YoY) to Rs 5,178.99 crore.
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