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Tech Mahindra

Tech Mahindra Share Price Takes a Nosedive After Disappointing Earnings Report

Tech Mahindra Share Price Takes a Nosedive After Disappointing Earnings Report

Thu, Oct 26, 2023

Tech Mahindra's share price tumbled nearly 4% on October 26 in early morning trade, after the IT company reported a 61% decline in consolidated net profit in the July-September quarter. The company's revenue from operations also declined by 2% during the quarter.

Dr. Anish Shah, MD&CEO,Mahindra Group,Sets Ambitious Goals for Company's Growth Across All Verticals

Dr. Anish Shah, MD&CEO,Mahindra Group,Sets Ambitious Goals for Company's Growth Across All Verticals

Wed, Sep 13, 2023

The aim is to take the company forward manifold, the company's focus is on capacity expansion in all verticals: Dr. Anish Shah, MD & CEO, Mahindra Group

Tech Mahindra MD talks on Coronavirus impact on industry

Tech Mahindra MD talks on Coronavirus impact on industry

Thu, Feb 13, 2020

Exclusive Talk With Tech Mahindra MD C P Gurnami over the impact of Coronavirus on industry कोरोनावायरस का असर केवल स्वास्थ्य पर नहीं, बल्कि इंडस्ट्री पर भी इसका असर दिखने लगा है। टेक महिंद्रा के एमडी से जी बिजनेस की खास बातचीत हुई।

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Tech Mahindra trains employees in blockchain, cybersecurity, AI, machine learning, 5G to achieve this target

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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”

Tech Mahindra bets big on 5G services, sets up lab in Bengaluru

Tech Mahindra bets big on 5G services, sets up lab in Bengaluru

Sun, Feb 25, 2018

C P Gurnani, CEO and Managing Director of Tech Mahindra, said the company has already re-skilled about 30,000 of its employees in handling emerging technologies, and added that the remaining 75,000 employees will be re-skilled by the end of the current calendar year..

Sensex barely holds 34,000 at close, down 287 points, Nifty tests 10,450

Sensex barely holds 34,000 at close, down 287 points, Nifty tests 10,450

Fri, Feb 16, 2018

The S&P BSE Sensex and Nifty50 ended lower on Friday as gains in IT stocks were offset by losses in banking stocks, with Punjab National Bank plummeting further in a sell-off triggered by a Rs 11,500 fraud reported by the state-run lender earlier this week.

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