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has entered into a quadripartite Memorandum of Understanding (MoU) with M/s Andhra Pradesh Maritime Board (APMB), M/s Delhi metro Rail Corporation (DMRC) and M/s Umeandus Technologies India (UTIPL). The MoU parties have formed an alliance covering the areas of Real Time Automatic Cargo Evacuation System (e-FTS, Enhance Freight Transport System) wherein APMB is the client and DMRC (Lead member), BEML & UTIPL are execution partners for development of pilot project for Real Time Automatic Cargo Evacuation System (e-FTS, Enhance Freight Transport System) at Machilipatnam Port. ’s indirect wholly owned foreign subsidiary -- Tata Steel I Jmuiden B.V. (TSIJ), Netherlands, Europe, has executed a share purchase agreement with Vattenfall Power Generation Netherlands B.V. (Vattenfall), for acquisition of 100% equity stake in LAG Velsen B.V., an entity to be incorporated by Vattenfall for the purpose of this transaction, at an agreed purchase price of up to euro 140 million (around Rs 1,450 crore). On completion of this acquisition, LAG Velsen B.V. will become an indirect wholly owned foreign subsidiary of the company. The transaction is envisaged to be completed by January 1, 2026. !Tata Motors Passenger Vehicles (TMPV) has reported many folds jump in its net profit at Rs 82,081 crore for second quarter ended September 30, 2025 (Q2FY26) as compared to Rs 661 crore for the same quarter in the previous year. Total income of the company increased by 7.61% at Rs 13,287 crore for Q2FY26 as compared to Rs 12,347 crore for the corresponding quarter previous year. On consolidated basis, the company has reported many folds jump in its net profit at Rs 76,170 crore for the quarter ended September 30, 2025 as compared to Rs 3,446 crore for the same quarter in the previous year. However, total income of the company decreased by 13.18% at Rs 73,810 crore for Q2FY26 as compared to Rs 85,019 crore for the corresponding quarter previous year.