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INDIAN (B)

Tata Comm sells entire stake in data centre biz

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Tata Communications (Tata Comm) has sold its remaining 26% stake in the data centre business to major shareholder STT GDC of Singapore. ​​​In 2016, STT GDC had bought 74% in the business. At that time, the enterprise value of the business, which has 15-plus data centres in India and Singapore, was over Rs 3,000 crore.



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