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Tech Mahindra acquires Events Solutions Group for up to $ 44 million

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On April 26, IT major Tech Mahindra said it had acquired the US-based Events Solutions Group for US $ 44 million (about Rs 330 crore). Tech Mahindra, through its wholly owned subsidiary – Tech Mahindra (Americas) Inc., has approved the proposal to acquire 100 percent equity shares in Eventus Solutions Group, LLC, a regulator said. …

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Vedanta, ready to supply oxygen for COVID-19 patients, writes to the Chief Minister of Tamil Nadu

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Vedanta has stated that oxygen plants in the closed Sterlite copper smelter can be used to meet the medical oxygen demand used in the treatment of COVID-19 patients. CNBC-TV18 made the offer by Sterlite Copper CEO Pankaj Kumar in a letter to Union Health Minister Harsh Vardhan.Kumar said the Sterlite plant at Thoothukudi, Tamil Nadu …

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