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N Chandrasekaran buys 100K Share of Tata Communications

18Mar By AnkitaNo Comments

Market

N Chandrasekaran buys 100K Share of Tata Communications

Tata Sons executive chairman N Chandrasekaran has purchased 1 lakh shares of Tata Communications from the secondary market, according to a regulatory filing. "We have received an intimation from N Chandrasekaran, executive chairman, Tata Sons Private Limited regarding his purchase of 1,00,000 equity shares of Tata Communications Limited at an average price of Rs 249.15, excluding brokerage and STT, per share as on March 16, 2020," Tata Communications said in a BSE filing. Shares of Tata Communications closed at Rs 226 a unit, down by 7.92 percent compared to the previous close, at BSE on Wednesday.

Tata Communications Acquires Netherlands based Teleena

4Oct By Gauri SinghNo Comments

News

Tata Communications Acquires Netherlands based Teleena

Tata Communications announced that the company is acquiring Teleena which is a Netherlands based Internet of Things (IoT) connectivity specialist and mobile virtual network enabler (MVNE). This deal is followed by Tata Communications’ investment in Teleena in January 2017 when the company became the single largest shareholder in Teleena with a 35% stake. “The growth rate in the global mobility and IoT market is phenomenal: by 2021, enterprises’ spending on mobility alone is set to surpass $1.7trillion,” said Anthony Bartolo, Chief Product Officer, Tata Communications. “Our vision is to create an environment where anything can be ‘born connected’. Providing everyone and everything in the world with seamless connectivity globally will support businesses’ digital transformation.” Tele...

Tata Communications Rolls Out Cybersecurity Response Centre in Dubai

10Sep By Gauri SinghNo Comments

News

Tata Communications Rolls Out Cybersecurity Response Centre in Dubai

Tata Communications has launched an advanced cyber security response centre in Dubai. The centre will offer 24/7 cyber security services to help customers stay one step ahead of evolving cyber threats in the Middle East region. This move marks Tata Communications' fourth dedicated security centre, after Chennai, Pune and Singapore by debuting in Dubai. "Through the new cyber security response centre in Dubai, Tata Communications aims to offer enterprises and government bodies in the UAE and other GCC countries across the region with cyber-attack protection that helps them meet in country regulation requirements...," the company said. Launching the facility, UAE Minister of State for Artificial Intelligence Omar Sultan Al Olama stated that cybersecurity has become even more paramount ...

Tata Communications Inked a Deal with Alibaba Cloud

10Jun By PriyankaNo Comments

News

Tata Communications Inked a Deal with Alibaba Cloud

Tata Communications today inked a deal with Alibaba Cloud to enable customers from India and 150 other countries to connect to the Chinese e-commerce giants Express Connect platform for a fast, stable and secure network. The Express Connect will be linked through Tata Communications IZO Private Connect service. This collaboration was announced at Alibaba Clouds Computing Conference in Shanghai today. It is particularly focused towards enterprise customers from over 150 countries, including India, who employ the services of Alibaba Cloud. Under the deal, the global enterprises will now have immediate access to a secure connection between the Virtual Private Clouds (VPC), the Internet and end-users own networks. Yeming Wang, Deputy General Manager of Alibaba Cloud Global said...