Tech Mahindra merges two of its consulting subsidiaries

Continuing its string of reorganisation measures, Tech Mahindra announced the merger plan between its two wholly-owned consulting subsidiaries – Mad*Pow Media Solutions LLC (MadPow) and Born Group Inc. (Born).

The fifth largest Indian IT service company, in a filing with BSE, said, “The business of both entities Mad*Pow and Born, are complimentary, hence consolidation of entities will result in synergy of business operations, optimize operational cost and reduce the compliance risk.”