Indraneel Ganguli, Senior VP & Global Head Brand, Tech Mahindra says the acquisition is a strategic fit that will augment the digital portfolio of the company. The deal size includes the enterprise value of GBP 40 million plus surplus cash not exceeding GBP 5 million.
CNBC-TV18 reports that global supermarket giant Tesco is making preparations to set up shop in the lucrative multi-brand retail segment in India
Engineering and construction major Larsen & Toubro (L&T) today said it has acquired 100% stake in UK-based Thalest and that it will offer cutting edge technology in control and automation space in marine space.