ThyssenKrupp Elevator AG has formed a JV with Mumbai based Eros Elevators & Escalators Private Limited by acquiring 25.1% of its shares through its subsidiary - ThyssenKrupp Elevator India Private Limited.
Mastek is demerging its insurance products and services business into a new company, Majesco Ltd. The deal also involves transfer of offshore insurance operations business by Majesco Ltd to Majesco Software and Solutions India Pvt. Ltd., a wholly owned subsidiary of MajecoMastek Insurance Software and Solutions Inc.
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