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The CCI is a regulatory council that monitors unfair trade practices. The merger "is not likely to have an appreciable adverse effect on competition in India," it said in its order. Both entities are factions of the Mahindra & Mahindra group.
The merger would transfer all undertakings and business of Mahindra Engineering Services into Tech Mahindra.
"As stated in the notice, the purpose of the proposed combination is creation of unified engineering services division within Tech Mahindra," the CCI order stated.
For more information, visit Tech Mahindra.
Jess Lulka is a former associate editor for Digital Engineering. Contact her via [email protected].
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