Section

Tata Communications to sell 100% stake to Transactions Solutions International in Rs 330 cr deal

By Economic Times - a week ago
Tata Communications will sell its entire stake in its subsidiary to Australia's Findi. The deal is worth Rs 330 crore. It could go up by Rs 75 crore more. The deal needs approval from the Reserve Bank of India. TSI will get over 4,600 ATMs from the deal. It will add to TSI's existing 7,500 ATMs.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.