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Board of Quess Corp approves acquisition of 51% stake in Tata Business Support Services

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Capital Market
Last Updated : Nov 21 2017 | 9:47 AM IST

At meeting held on 21 November 2017

The Board of Quess Corp at its meeting held on 20 November 2017 has approved the acquisition of 51% equity stake in Tata Business Support Services (TBSS).

TBSS is a subsidiary of Tata Sons and offers a wide portfolio of service offerings across customer life cycle management and business process management. The company has a workforce of over 27000 professionals across 27 delivery centers and 400+ field offices. It reported revenue of Rs 661 crore in FY 2017.

The transaction is expected to complete on or before 31 December 2017.

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First Published: Nov 21 2017 | 9:21 AM IST

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