Happiest Minds Technologies Limited (NSEI:HAPPSTMNDS) is looking for M&A. Venkatraman Narayanan, Managing Director and Chief Financial Officer said, "We believe our capital return ratios will improve as and when we deploy our capital into growth avenues like M&A and the new business line of generative AI starts picking up. Our M&A pipeline continues to be good, and we are in active conversation with a few targets. We'll keep you updated as we make progress and move to the next steps".