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Tech Mahindra acquires Hutch BPO arm for $ 87.1 mn

Tech Mahindra on Tuesday announced that the company has acquired 100% share capital of Hutchison Global Services (HGS) for US $ 87.1 m, payable upfront. Now, HGS has become the wholly owned subsidiary of Tech Mahindra Ltd. This equity buyout ...

The Supreme Court begins Vodafone hearing

The final hearing of the British telecom giant Vodafone ultimately began on Wednesday. Vodafone filed a petition in Supreme Court against against Indian tax authorities on its $11.2 billion (Rs 49,728 crore) buy out of Hutchison's 67% stake in Essar-Hutchison's joint ...