Indian software services exporter Infosys Ltd on Friday announced a joint venture with Singapore state investor Temasek Holdings.
Infosys will take a 60 percent stake in the joint venture and Temasek will hold 40 percent, Infosys said in a statement.
The joint venture will integrate teams from Infosys and the operations of Temasek's unit in Singapore, Trusted Source Pte Ltd, which currently delivers IT services to Temasek and a number of other clients.
First Published: Sept 7, 2018 9:09 AM IST
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!