Economy · India
ITC Infotech to Acquire Stake in Happiest Minds for Rs 1,330 Crore
ITC Infotech announced its plan to acquire a 22% stake in Happiest Minds Technologies for Rs 1,330 crore. Following the acquisition, ITC Infotech intends to merge its operations with Happiest Minds. The combined entity is projected to target revenues of $1 billion. This deal aims to consolidate operations and expand market reach.
How outlets across the spectrum covered it
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- Centre (2): The Financial Express, The Hindu BusinessLine
- International (2): Bloomberg, Reuters