HGS to sell India domestic CRM biz to Altruist India for Rs 40cr

"HGS intends to consolidate their product offerings and focus on high-margin/premium services...The amount of cash consideration for the transfer shall be approximately Rs 40 crores, subject to adjustments as amount or otherwise share per the definitive agreement," a BSE filing said.

from Moneycontrol Business News https://ift.tt/2srL7OZ