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