Tata Group stock jumps 5% after partnering with McAfee to strengthen cybersecurity for MSMEs

Synopsis:
TTBS partners with McAfee to deliver affordable, AI-powered cybersecurity solutions for MSMEs in India, blending protection with productivity tools to combat rising cyber threats and drive secure, sustainable digital growth.

During Tuesday’s trading session, shares of a part of the Tata Group and a licensed telecommunications services provider surged nearly 5 percent on BSE, after the company announced a partnership with McAfee to strengthen cybersecurity for MSMEs.

At 01:42 p.m., the shares of Tata Teleservices (Maharashtra) Limited were trading in the green at Rs. 59.23 on BSE, up by around 3 percent, as against its previous closing price of Rs. 57.72, with a market cap of Rs. 11,579 crores. The stock has delivered negative returns of around 35 percent in the last one year, and has fallen by over 8 percent in the last one month.

What’s the News

According to the latest regulatory filings, Tata Tele Business Services (TTBS) has partnered with McAfee to strengthen cybersecurity for MSMEs in India. The partnership will offer affordable and high-performance cybersecurity solutions to protect Micro, Small, and Medium Enterprises (MSMEs) from growing cyber threats and scams.

As the cyber threat landscape continues to evolve, McAfee and TTBS are committed to continuously improving and innovating their offerings to meet the needs of MSMEs. The partnership enables businesses to stay ahead of potential risks with an easy-to-implement solution that supports both security and sustainable growth.

Cybercrime, particularly financial fraud, is projected to cost India Rs. 1.2 lakh crore by 2025. The AI-powered all-in-one solution blends McAfee’s trusted protection with essential business productivity tools, delivered seamlessly through the TTBS network. Tailored for MSMEs, this partnership offers easy-to-manage security that supports growth and accelerates digital transformation.

Tata Teleservices Limited, together with its subsidiary Tata Teleservices (Maharashtra) Limited, is a growing market leader in the enterprise segment. Under the brand Tata Tele Business Services (TTBS), it offers a comprehensive portfolio of connectivity, collaboration, cloud & SaaS, security, and marketing solutions to businesses in India.

McAfee Corp. is a global leader in online protection for consumers, focused on protecting people, not just devices. Its consumer solutions are designed to adapt to the needs of individuals and businesses in the online world.

Financials & more

Tata Teleservices reported a decline in its revenue from operations, showing a year-on-year decrease of around 12 percent from Rs. 324 crores in Q1 FY25 to Rs. 284 crores in Q1 FY26.  Similarly, it reported a marginal rise in the net losses by nearly 1 percent YoY to Rs. 325 crores from Rs. 323 crores, over the same period.

Tata Teleservices (Maharashtra) Limited, a part of the Tata Group, is a licensed telecommunications services provider and holds Unified Licenses (UL) with Access Service authorisation for Mumbai and Maharashtra Licensed Service Area (LSA), serving the regions of Maharashtra and Goa, and Internet Services authorisation for ISP Category ‘A’ – National service area. The company provided various wireline voice, data, and managed telecom services.

Written by Shivani Singh

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