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

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.

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