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Tata Sons pledges additional 1.17cr TCS shares

Tata Sons
Mumbai, Mar 16: Tata Consultancy Services (TCS), one of the largest software firm said that one of its promoter group company Tata Sons has pledged an additional 1.17 crore shares with lenders for an undisclosed amount.

In a filing to the Bombay Stock Exchange (BSE) Tata Sons has pledged another 1.17 crore shares, taking a total to over 12.06 crore shares representing 12.33 per cent stake in the company. Shares of the Tata Consultancy Services were trading at Rs 512, up 1.17 per cent on the BSE.

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Infiniti Retail opens mega store in Bangalore

Bangalore, Nov 21: Infiniti Retail, a subsidiary of Tata Sons, today opened its first Chroma Electronic Mega store, India's first national chain of multi-brand outlets of consumer electronic and durable products in the city. Speaking on the occasion, Company Managing Director and Chief Executive Officer Ajit Joshi told reporters here today that Chroma store, is a large format, multi-brand consumer durable and electronic store that has on offer of the widest-ever range of electronic gizmos. The mega store would offer consumers more.....
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