Reuters Summit-UPDATE 1-Tech Mahindra scouting for mid-sized cos

Newswire

(For other news from the Reuters India Investment Summit, click on http://www.reuters.com/summit/IndiaInvestment10) * To announce Mahindra Satyam merger intent in 2-3 weeks * Says looking to acquire cos with $50-$100 mln rev * Sees margin pressure easing in next two quarters * Seeing delays in big projects in Europe (Adds details, comments) By Bhaswati Mukhopadhyay and Vidya L Nathan BANGALORE, Sept 29 (Reuters) - Indian IT services firm Tech Mahindra Ltd is looking to acquire ...

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