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4 mins read

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…

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3 mins read

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   


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2 mins read

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   


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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…

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2 mins read

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   


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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   


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1 min read

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   


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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…

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2 mins read

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…

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3 mins read

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 …

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3 mins read

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…

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2 mins read

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   


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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…

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1 min read

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…

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3 mins read

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…

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3 mins read

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   


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3 mins read

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   


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2 mins read

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,…

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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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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…