Gold
TCS Invests Billions in BSNL Data Centres
Tata Consultancy Services (TCS), one of India's leading IT services firms, has announced a substantial investment in expanding the digital infrastructure of Bharat Sanchar Nigam Limited (BSNL). The collaboration entails the establishment of four large-scale data centres across the country, marking a significant milestone in India's digital transformation journey.
The investment, estimated at a staggering ?15,000 crore, underscores TCS's commitment to bolstering BSNL's capabilities in the rapidly evolving telecommunications landscape. This strategic move aligns with the government's amb..
Talbros Auto JV bags Rs 10 bn order
Talbros Automotive Components announced that its joint venture firm had secured a multi-year contract valued at around Rs 10 billion from a European original equipment manufacturer (OEM). According to a regulatory filing, the company stated that the order would be executed over the next eight years, starting from the fourth quarter of the fiscal year.
The company disclosed that the order had been secured by its joint venture firm, Marelli Talbros Chassis Systems (MTCS). They mentioned that the focus of the order is on supplying suspension arms tailored for both conventional internal c..
Ramboll Partners with Tata Consultancy Services for IT improvement
Tata Consultancy Services (TCS) has entered into a seven-year contract with Ramboll, a Danish global architecture, engineering, and consultancy company, to overhaul its IT infrastructure with modernisation and cost reduction.
The agreement involves transforming Ramboll's IT operating model to enhance business growth and efficiency. As part of this partnership, TCS will absorb over 300 Ramboll IT employees across 12 countries.
Thomas Angelius, Ramboll's senior group director and chief information officer, emphasised "Our company has experienced remarkable growth, and we are det..
Migsun Group Plans Rs 5 Bn Investment in Greater Noida Projects
Migsun Group, a prominent real estate developer, has unveiled plans to invest Rs 500 crore in four new projects located in Greater Noida. This initiative is part of the company's strategic efforts to enhance its presence and contribute to the burgeoning real estate sector in the region.
The investment will be directed towards the development of residential and commercial properties, aimed at meeting the increasing demand for quality real estate in Greater Noida. These projects are expected to not only expand Migsun Group's portfolio but also generate employment opportunities and stimul..
Brookfield India REIT to Acquire Bharti's 50% Stake in Realty JV
Brookfield India REIT is on the verge of purchasing Bharti Enterprises' nearly 50% stake in their joint venture, which focuses on real estate development. This move underscores Brookfield's commitment to expanding its presence in India's dynamic property market. The transaction is expected to be valued at around ?5,000 crore, making it one of the notable deals in the sector.
This acquisition aligns with Brookfield's strategy of enhancing its portfolio with quality assets, leveraging its expertise in real estate management. The deal signifies a significant milestone for both parties, w..
