Wednesday, November 25, 10:30 am IST
Hot Searches:  manmohan singh, infosys, kareena kapoor
| Feedback
LATEST NEWS
more..
twitter
facebook
Moneycontrol » News Center » General News » World News
Target says not in talks to sell Bangalore center
Published on Wed, Nov 04, 2009 at 11:42   |  Updated at Wed, Nov 04, 2009 at 12:56  |  Source : Reuters
Email
Print
Blish This

U.S. discount retailer Target Corp on Wednesday denied a media report that said it was in talks to sell its captive technology centre in Bangalore.

The Economic Times had reported earlier that leading Indian outsourcers including Tata Consultancy and Wipro were looking at acquiring the unit.

"Recent rumors about a sale are ridiculous speculation," Target Chief Executive Gregg Steinhafel said in a statement emailed to Reuters.

Steinhafel said the Bangalore center, which has 2,100 employees, plays an important role in the company's long-term strategy.

(Reporting by Ajay Kamalakaran in Bangalore; Editing by Lincoln Feast) 

 

 

Important Links Today:  Leadership Wall    Chat Calendar    The 10 List   
Tags: Target Corp, Tata Consultancy, Wipro
Help us develop News Center
Tell us what you want!
WHAT OTHERS LIKE
  • Most Read
  • Most Viewed
24 Hours
7 Days
1 Month
NEWS FROM OUR PARTNERS
©Network 18, 2009. All Rights Reserved