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Stock market closing: Nikkei makes a sharp rebound, Sensex ends below 79k and Nifty slips below 24k
Britannia (up by 2.81%), JSW Steel (up by 2.35%), Tech Mahindra (up by 1.74%), Larsen and Toubro (u…
Industry needs to boost capital investments to capitalise on growth opportunities, says Anand Mahindra
Particularly after COVID, Indian companies have become increasingly risk averse, sticking to the tr…
PTI
Mahindra Q1 net profit rises 20% at Rs 3,283 crore; revenue at Rs 37,218 crore
The company said it recorded the highest-ever Q1 volumes at around 2.12 lakh units, an increase of …
PTI
The future of BPM in India: AI, talent hubs and a new growth strategy
India’s Business Process Management (BPM) industry is defying predictions that generative artificia…
Carlyle-backed Hexaware Tech files draft papers with Sebi for ₹9,950 crore IPO
CA Magnum Holdings has 95.03 per cent stake in the IT company. Since the entire issue is a…
PTI
Nifty, Sensex in the red amidst global uncertainties
The Sensex observed a dip of 169.18 points, initiating the day at 70,891.13, while the Nifty record…
ANI
Kotak Mahindra Bank shares decline over 4%; hit 52-week low
At the NSE, it went lower by 4.40 per cent to Rs 1,552.40 -- the 52-week low. Manian, who …
PTI
M&M group stocks under pressure after RBL Bank investment, TechM's earnings miss
Stocks of the Mahindra & Mahindra (M&M) group have been under selling pressure and were the top Sen…
Mahindra to collaborate with Qualcomm tech in its all-new Scorpio-N vehicle.
The chip-maker will work with automotive electronics company Visteon Corporation to bring world-cla…
Tech Mahindra may show signs of recovery in the second quarter — much depends on 5G and BPO business outlook
“Deal wins are likely to revert to pre-COVID levels, in our view, and the pipeline continues to …
Demand is strong but decisions are slow: Tech Mahindra CEO CP Gurnani
In rupee terms, revenue for the IT company grew 19.9% year-on-year to ₹13,735 crore while sequen…
Mahindra Q2 2023-24 PAT up 6% at Rs 2,348 cr
Revenue grew 15 per cent year-on-year to Rs 34,436 crore in the second quarter this fiscal, it …
PTI
Tech Mahindra’s Q2 net profit falls 4% to ₹1,285 crore
India’s sixth largest IT services company Tech Mahindra today reported a 4% decline in consolidated…
India sees 34% uptick in jobs related to 5G, telecom: Report
As enterprises look at 5G adoption at an accelerated pace with its rollout in India, job postings f…
Ashok Vaswani is new CEO of Kotak Mahindra Bank
In what is a generational shift, Kotak Mahindra Bank on Saturday said that Ashok Vaswani would st…
TechM expects $7 bn revenue run rate this fiscal, $3 bn from telecom
IT company Tech Mahindra expects to soon hit USD 7 billion revenue run rate for current fiscal year…
PTI
Tech Mahindra CEO CP Gurnani looks to transition from captain to coach post retirement
Tech Mahindra is planning to transition from being a long serving captain in the IT industry to a "…
PTI
Kotak Mahindra AMC launches new fund – will invest across economic cycles
Kotak Mahindra Asset Management Company has announced a new fund offer – Kotak Business Cycle Fund,…
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…
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…