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Tech Mahindra to buy US-based Allyis Group

IT major Tech Mahindra is to acquire 100% stake in US based IT company Allyis India Private Limited. Tech Mahindra will also acquire Allyis India’s holding company Green Investments LLC.  The IT major will pay $ 125 Million which is equivalent to Rs. 930 Cr. The IT giant said that this acquisition will  “bolster Tech …

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