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 …