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1 min read

Tech Mahindra flies on strong revenue, Tata Power excites investors with EV push and IRCTC back on track after a lull week

Benchmark indices Sensex and Nifty 50 have been volatile last one week amid back to back corporate …

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6 mins read

IT bellwethers slash headcount in FY24 but Indian techies find a home with GCCs

Headcount in the top IT services firms in India is down by 75,000 in the last one year. However, ex…

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2 mins read

Tech Mahindra expands margin in a quarter of acquisitions

Tech Mahindra posted a profit of 9.5% over the last three months as compared to the previous quarte…

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6 mins read

Tractors and better cars drive M&M’s Q1 net profit but the future is electric

Mahindra & Mahindra, India’s leading tractor and automobile company, on Friday reported more than a…

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3 mins read

Wipro, Tech Mahindra lead rout in IT stocks as recession risks loom

Frontline information technology companies have been under pressure from the start of the fiscal ye…

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2 mins read

Tech Mahindra Q4 net profit jumps 34.6% to ₹1,081.4 crore

For the full financial year, the net profit was up 9.8 per cent to ₹4,428 crore, while revenu…

PTI   


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Tech Mahindra sees sharp slowdown in all verticals except media and entertainment

One of India’s top five IT services firms, Tech Mahindra, has seen a sharp slowdown in April-June 2…

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3 mins read

Street unaffected by Infy’s guidance cut; lack of bad news charges up tech stocks

Five top tech stocks – Infosys, TCS, Wipro, LTI Mindtree and TechMahindra were the lead gainers on …

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3 mins read

Tech Mahindra has made its 8th acquisition in 10 months, but all that may not be enough to drive growth

Pune-based information technology (IT) firm Tech Mahindra has acquired Europe-based Com tec Co IT (…

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3 mins read

More employees are leaving Infosys, Tech Mahindra than TCS and Wipro

Shares of information technology (IT) firm Tech Mahindra slumped nearly 4% on February 2 as investo…

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1 min read

Tech Mahindra’s net profits see a massive 32% drop even as its digital business is treading water amidst the COVID-19 crisis

Tech Mahindra has reported a drop of 4.3% in dollar revenue in Jan-Marhc 2020, compared to three mo…

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3 mins read

Tech Mahindra shares are rising ahead of earnings because every two out of five rupees in revenue come from telecom⁠

The pessimism, worsened by the spread of COVID-19 coronavirus pandemic, has reflected in t…

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3 mins read

All the new deals signed by Tech Mahindra in the last three months

Tech Mahindra booked new deals worth $3.7 billion in the last year. According to the company’s CEO …

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5 mins read

Brokerages not rattled by big 3 IT players' tepid Q2 performance

The Indian IT sector has kicked off the Q2 earnings season on a somber note. The Big 3 tech compani…

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2 mins read

Markets may open slightly lower on mixed cues from Asian markets

Indian markets may open slightly lower today mirroring mixed cues from global markets that remained…

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1 min read

Tech Mahindra buys US-based Allyis India, Green Investments for $125 million

Tech Mahindra would pay total consideration of up to $125 million, including employment-related …

PTI   


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4 mins read

TCS tumbles and drags down to Wipro, Infosys, Tech Mahindra and LTTS with poor earnings

TCS shares were the biggest losers on Nifty 50, as its stock went down by around 4.47% in early …

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2 mins read

The strength of HCL Technologies digital business will be tested just as Tech Mahindra's was

However, the stock has lost nearly 10% of its value this value even though most of the impact of…

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2 mins read

Banks are spending a lot on tech but the money is not going to Indian IT biggies yet

Banks in the US and Europe are shelling out more money to step up their technology game. Yet, for I…

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5 mins read

Infosys to lead the pack this earnings season while margin pressure will continue for two quarters

Margins are likely to be impacted on account of wage hikes, high retention costs, increased travel …