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M&M acquires stake in Servista

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  • Published On: August 28, 2008
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M&M vice-chairman and MD Anand Mahindra, is putting his IT business in the fast lane. Amid speculation that BT may exit Tech Mahindra, the company has picked up a minority stake in UK's Servista, a systems integration company. Tech Mahindra's 17 per cent stake in Servista gives it an exclusive delivery arm for three years and it will assist Servista in getting more European business.
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