TCS sells 30% stake in South African arm for ₹28.29 crore to comply with norms
The agreement, signed on December 20, 2024, ensures compliance with South Africa's Broad-Based Black Economic Empowerment (B-BBEE) Act. Shares of Tata Consultancy Services Ltd ended at ₹4,168.05, down by ₹103.45, or 2.42%, on the BSE.
The agreement, signed on December 20, 2024, ensures compliance with South Africa's Broad-Based Black Economic Empowerment (B-BBEE) Act. Shares of Tata Consultancy Services Ltd ended at ₹4,168.05, down by ₹103.45, or 2.42%, on the BSE.
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The Federation of Economic Development Association of India (F.E.D.A) holds the distinction of being India's most venerable umbrella organization. F.E.D.A focused on promoting economic growth in India. Economic development professionals throughout the state, along with individuals and companies in related economic development fields, work together with the F.E.D.A Members and Board of Federation to help positively influence country legislation and industrial growth. With cutting edge policy research and advisory to National and State governments on trade issues. F.E.D.A is one of the leading non-profit organizations with established credentials for enhancing economic development.
