FACTBOX: TCS to invest Rs 4,467 crores ($ 1 billion) in Capex for current financial year

SOURCE: EconomicTimes
DATE: July 2nd, 2008
ARTICLE
IT major Tata Consultancy Services (TCS) on Tuesay said it will invest Rs 4,467 crore as its capital expenditure in the current financial year.

“We are planning to invest Rs 1,467 crore in equipment and Rs 3,000 crore in land,” TCS Chairman Ratan Tata said at the company’s annual general meeting here.

He did not elaborate.

Related Posts


You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

AddThis Social Bookmark Button

Leave a Reply

You must be logged in to post a comment.