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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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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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4 mins read

Tech Mahindra’s Q3 net profit slips 5.2% on year to ₹1,297 crore

India’s sixth-largest IT services company Tech Mahindra reported a 5.2% decline in consolidated net…

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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…

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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 "…

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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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Tech Mahindra rallies more than 30% in 30 days as analysts seem bullish on 5G opportunities for the blue chip stock

Shares of Tech Mahindra have gained 31% in the last 30 days as analysts remain positive on the info…

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1 min read

Bharti Airtel, Tech Mahindra to co-develop and market 5G use cases in India

Airtel has been spearheading 5G demos and testing in India while Tech Mahindra has developed world-…

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EXCLUSIVE: Tech Mahindra CFO says talent is getting expensive but clients are willing to pay the premium

Reskilling employees in the IT services sector is not a new phenomenon. However, since COVID-19 pus…

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4 mins read

Tech Mahindra's share price hits a new high as the company targets the $100 billion cloud opportunity and guns for 5G

Tech Mahindra’s share price is up by 1.5% after analysts gave the company an optimistic review. The…

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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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5 mins read

Jio, Ola, Accenture, IBM and more are looking for data scientists across India

Data science has been one of the most in-demand jobs especially in the last few years. However, 92%…

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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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Tech Mahindra likely to be the worst-hit of all the Indian IT services giants in first quarter

The April through to June was expected to be a washout for the IT companies as clients turned cauti…

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Tech Mahindra bags ₹400 crore contract from HAL

As per the contract, Tech Mahindra will be responsible for the transformation and modernisation …

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3 mins read

Tech Mahindra, HCL Tech, Wipro and likes are hoping global 5G race resumes next year⁠ — bringing some large deals before that

Indian IT companies were betting on 5G to fill their coffers this year until the coronavirus pandem…

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3 mins read

Paytm share buyback at a 50% premium could support the stock in near term: JP Morgan

One97 Communications, the Paytm operator, passed a board resolution to buy back shares worth 850 cr…

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4 mins read

TCS, HCL Tech, Infosys, and other IT stocks rally led by Accenture’s outsourcing strength

Accenture’s latest earnings report strengthens the optimism for recovery in the Indian IT sector. A…

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Tech Mahindra subsidiary sells stake in Altiostar to Rakuten for $45 million

IT services major Tech Mahindra on Wednesday said its subsidiary has divested over 18.5 million sha…

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Tech Mahindra, Intel, Wipro and other multinationals hiring engineers

Since there is uncertainty around Covid-19 and its possible impact, more pay cuts and job cuts a…