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Wednesday, January 5, 2011

TCS signs biggest land deal in Kerala infotech sector

In what is billed as the biggest land deal in the history of Kerala's infotech sector, Tata Consultancy Services (TCS) Wednesday signed a lease deed for 82 acres of land worth Rs.1,500 crore here.
The company has paid Rs.75.25 crore as the initial down payment for the land in the Technocity project.

TCS will invest Rs.1,500 crore in the project coming up near the Technopark campus.

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