Pune-based Tech Mahindra Ltd. won a bidding war for control of scandal-ridden Satyam Computer Services Ltd. The company beat billionaire Wilbur Ross and Larsen & Toubro Ltd. with a $579 million offer, according to Bloomberg reports.
In January, State Farm terminated its contract with the Mumbai outsourcing firm, and CIGNA confirmed its monitoring of Satyam developments, Insurance Networking News reported.
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