Reuters Summit-India's Tech Mahindra scouting for mid-sized cos

Newswire

(For other news from the Reuters India Infrastructure Summit, click on http://www.reuters.com/summit/IndiaInvestment10) BANGALORE, Sept 29 (Reuters) - Indian IT services firm Tech Mahindra Ltd is looking to acquire companies with revenue of $50-$100 million, a top company official said. "I think we will shortlist (companies) and various preliminary activities are going on," L. Ravichandran, president of IT services at Tech Mahindra, told the Reuters India Investment Summit on Wednesday. ...

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