India's ITC unit to buy 22.1% stake in Happiest Minds for $140 million
India's ITC unit to buy 22.1% stake in Happiest Minds for $140 million Aug 31 (Reuters) - India's ITC ITC.NS said on Monday its IT arm would acquire a 22.1% stake in IT services provider Happiest Minds Technologies HAPP.NS for about 13.3 billion rupees ($139.76 million).
($1 = 95.1625 Indian rupees)
(Reporting by Urvi Dugar in Bengaluru; Editing by Diti Pujara)
((UrviManoj.Dugar@thomsonreuters.com; +91 9558725583;))
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Brief: ITC Says ITC Infotech India To Buy 22.106% Equity In Happiest Minds For 13.3 Bln Rupees