With markets hitting new highs almost everyday and business sentiment improving, India Inc got on to the mergers and acquisitions (M&A) bandwagon closing as many as six deals worth Rs 27,153 crore in just seven days.
On the TechM deal, Greyhound Research‘s Sanchit Vir Gogia said the acquisition makes the Mahindra firm the largest player in the network services space among IT services firms in the country.
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