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Tech Mahindra News
Tech Mahindra to buy 18.1% stake each in lnfotek Software and Systems, Vitaran for up to Rs 13 cr
Tue, Apr 09, 2019
"...The Investment Committee of the Board of Directors of the company has approved the proposal to acquire 18.1 per cent equity shares each of ISS and Vitaran Electronics," Tech Mahindra said in a regulatory filing. The cost of transaction -- being carried out in cash -- is up to Rs 13 crore, it added.
Fast Money: These 20 shares will help you earn more today; April 09th, 2019
Tue, Apr 09, 2019
In this segment of Zee Business know which shares will help you earn more today, April 09th, 2019. Watch full video for more info.
Tech Mahindra trains employees in blockchain, cybersecurity, AI, machine learning, 5G to achieve this target
Wed, Mar 20, 2019
Tech Mahindra is reskilling its employees in digital and next-generation technologies such as blockchain, cybersecurity, artificial intelligence (AI), machine learning (ML), robotics, automation, and 5G.
Tech Mahindra to buyback shares worth Rs 1,956 crore
Thu, Feb 21, 2019
Tech Mahindra Thursday announced a Rs 1,956-crore worth share buyback programme as the IT major looks to reward its shareholders.
Tech Mahindra to buy back shares at 14.59 pc premium for Rs 1,956 cr
Thu, Feb 21, 2019
The buyback offer price is 14.59 per cent higher than the current trading price of the stock at Rs 829 per share.
Tech Mahindra board to meet on Feb 21 to consider share buyback
Sun, Feb 17, 2019
IT firm Tech Mahindra Saturday said its board will meet on February 21 to consider a share buyback proposal.
Tech Mahindra to consider share buyback; Board meeting on Feb 21
Sat, Feb 16, 2019
Cash-laden Indian IT firms have been returning surplus cash on their books to shareholders by way of dividends and buybacks.
Tech Mahindra commits to 22 per cent reduction in greenhouse gas emissions by 2030
Mon, Feb 11, 2019
Tech Mahindra Chief Sustainability Officer Sandeep Chandna said the company is consciously adopting a strategy that will deliver innovative solutions without adversely affecting the environment.
World Economic Forum: Despite global problems, India's growth rate has improved, says C P Gurnani
Tue, Jan 22, 2019
Tech Mahindra MD, C.P Gurnani in an exclusive conversation with Zee Business said that despite global problems, India's growth rate has improved.
Anil Singhvi’s Market Strategy December 28: Jai Corp is Stock of the Day; Banks to be in focus
Fri, Dec 28, 2018
Bulls supported the domestic market throughout the session, on the day of expiry of the December futures and options contracts, on Thursday, December 27, 2018.
Sensex gains 157 points, Nifty up by 50 points; Bank Nifty down amid fund infusion prospects
Thu, Dec 27, 2018
Nifty and sensex breached the levels of 10,830 and 36,000 respectively during trading hours. Major contributing sectors were energy, oil and gas, capital goods, IT. Whereas, auto, bank, consumer goods and pharma had a huge selling in the last session.
Tech Mahindra expects 30-40% growth in cyber security biz
Sun, Oct 07, 2018
"You have to look at the CAGR , that can only go up when you have strong alliances. When I am talking about growth, I am talking about accelerating in next 3 years. (In) next 3 years, (it) has to be accelerated," he added.
Tech Mahindra, Microsoft join hands to curb pesky calls
Mon, Aug 27, 2018
"Blockchain as a technology is a powerful tool to combat the issue of spam calls and fraud risks, to protect user information, as well as the integrity of the telecom sector. "This DLT-based solution will enable enterprises to stop financial frauds and perpetration of misleading financial information by unregistered telecom marketers who rampantly use the SMS service of telcos," Rajesh Dhuddu, Global Practice Leader, Blockchain, Tech Mahindra said.
Tech Mahindra may hire 4,000 freshers in next 3 quarters
Sun, Aug 05, 2018
Tech Mahindra indicated at hiring around 4,000 freshers over the next three quarters as the IT services major focuses more on "demand-based" hiring instead of creating an inventory.
Tech Mahindra Q1 net profit at Rs 897.9 cr, net revenue Rs 8,276.3 cr
Tue, Jul 31, 2018
IT services firm Tech Mahindra reported 12.4% rise in consolidated net profit at Rs 897.9 crore for the first quarter ended June 2018. The firm had registered a net profit of Rs 798.6 crore in the corresponding quarter of the last fiscal, Tech Mahindra said in a statement.
IndiGo, Axis Bank among top five stocks hogging limelight on Dalal Street
Tue, Jul 31, 2018
Back homne, focus will shift to Reserve Bank of India (RBI)'s monetary policy meeting that began yesterday and will conclude tomorrow. Besides, investors will react to a slew of corporate earnings that came in after market hours yesterday.
As rupee takes a record plunge, these 5 stocks can earn you hefty returns
Thu, Jun 28, 2018
While rupee depreciation doesn't bode well for importers, it brings cheers for exporters who earn their revenues in rupees. We have compiled 5 stocks from export-oriented sectors such as information technology (IT) and pharma sectors for you to look at positively:
McLeod Russel, Videocon Industries among top stocks that will remain in focus today
Thu, Jun 07, 2018
Stocks in news: The National Company Law Tribunal’s (NCLT) Mumbai bench admitted the insolvency petition filed by lenders against Videocon Industries after the company failed to repay its Rs 210 billion debt.
Analysts bullish on TCS share price, expect 20-25% more returns
Tue, Apr 24, 2018
TCS has more than double in market capitalisation of the next biggest IT firm Infosys ($39 billion), and even oil-to-retail conglomerate Reliance Industries, at $88 billion m-cap, has much catching up to do.
How Tech Mahindra is betting on start-ups in emerging technologies
Tue, Apr 10, 2018
One of the most important business divisions of the $19 billion Mahindra Group, it is valued at $6.7 billion or thereabouts, according to Forbes. In the last 18 months or so, the company has gradually moved away from traditional software services to what is now being touted as “emerging tech”