Tech Mahindra to acquire 100% stake in Allyis India, Green Investments
The Hindu
Tech Mahindra would pay total consideration of up to $125 million, including employment-related and performance-related earnouts
Tech Mahindra on December 31 said it has approved a proposal for the acquisition of a 100% stake in Allyis India and Green Investments, for a total consideration of up to $125 million.
The acquisition is expected to bolster Tech Mahindra's capabilities in digital experience solutions— learning and development, marketing, instructional design; and engineering - cloud and automation, analytics, and technical support services.
Tech Mahindra would pay total consideration of up to $125 million, including employment-related and performance-related earnouts, the company said in a regulatory filing.
Run 3 Space | Play Space Running Game
Traffic Jam 3D | Online Racing Game
Duck Hunt | Play Old Classic Game
AI is transforming Indian manufacturing, increasing efficiency, reducing waste, and enhancing competitiveness in a rapidly evolving global market.
Trump's trade war threats impact global markets, with Bitcoin surging and European stocks dropping.
Global market trends and tariff uncertainties led to a significant drop in Sensex and Nifty, impacting major stocks.
Rupee weakens against dollar on trade tariff uncertainty, global risk-off sentiments; India negotiating trade agreement with U.S.
Cat bonds offer a unique solution to disaster risk insurance, transferring risk to financial markets for post-disaster relief.
Glenmark Pharmaceuticals' share prices surge 10% on exclusive licensing agreement with AbbVie for ISB 2001 trispecific antibody.
India has revised its proposal to impose retaliatory duties under the WTO (World Trade Organisation) norms against the U.S. over American tariffs on steel and aluminium in view of the further hike in duty by the Trump administration
Google will heavily discount cloud computing services for the United States government, the Financial Times reported.
Nvidia CEO Jensen Huang will meet U.S. President Donald Trump at the White House on Thursday.
Sensex and Nifty decline due to selling pressure in IT stocks post TCS earnings, impacting market sentiment.
Tesla to open first showroom in Mumbai on July 15, marking its entry into the Indian market.
The European Union has released a code of practice on general purpose artificial intelligence.
Ferrero Group to acquire WK Kellogg for $3.1 billion, expanding U.S. presence with iconic cereal brands.