Business Standard

Wednesday, January 08, 2025 | 04:20 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Tech Mahindra forms JV in Saudi Arabia

Image

Capital Market

To hold 51% in Tech Mahindra Arabia

Tech Mahindra has signed a joint venture agreement with Midad Holding, which is a subsidiary of Al Fozan, a preeminent group with diversified business interests in Saudi Arabia. The joint venture will be called Tech Mahindra Arabia. Tech Mahindra will have 51% ownership while Midad will own 49% stake.

Powered by Capital Market - Live News

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 02 2014 | 8:37 PM IST

Explore News