Date:23/12/2008 URL: http://www.thehindu.com/2008/12/23/stories/2008122356681600.htm

Business - Briefly

Tata Sons hikes stake in Tata Comm

MUMBAI: Tata Communications on Monday said that Tata Sons, one of its promoter group firms, has consolidated its stake in the company to 10.88 per cent by acquiring an additional 2.37 per cent. The company has acquired 67.53 lakh shares representing 2.37 per cent stake in Tata Communications through an inter se transfer of shares (transfer of shares between or among group companies), Tata Communications said in a disclosure to the Bombay Stock Exchange.