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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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HDFC, Tech Mahindra among 10 stocks brokerages recommend 'buy' post Q3

HDFC, Tech Mahindra among 10 stocks brokerages recommend 'buy' post Q3

Tue, Jan 30, 2018

Benchmark indices slipped into the negative territory today following the Economic Survey for 2017-18

Are IT stocks next lucrative picks?

Are IT stocks next lucrative picks?

Wed, Jan 24, 2018

IT is the most undervalued sector in current market, there will be a lot of sectoral rotation with money moving out of inflated sectors particularly NBFCs, says an analyst

Nifty hits 11,000 for first time ever, jumps 1000 points in 75 sessions

Nifty hits 11,000 for first time ever, jumps 1000 points in 75 sessions

Tue, Jan 23, 2018

The Nifty50 had hits its previous milestone of 10,000 on July 25, 2017. As many as 23 stocks rallied over 10 per cent during the same period.

Automation, US visa issues impact Indian IT jobs for the first time in H1 FY18

Automation, US visa issues impact Indian IT jobs for the first time in H1 FY18

Fri, Nov 03, 2017

This is the first time it has fallen to record low employment levels since the IT industry had put India on the global map for software services.

Indian equity indices open in green post Ease of Doing Business ranking

Indian equity indices open in green post Ease of Doing Business ranking

Wed, Nov 01, 2017

Key equity markets opened higher with Nifty-50 and Sensex trading in green.

Govt needs to incentivise buying e-vehicles: Anand Mahindra

Govt needs to incentivise buying e-vehicles: Anand Mahindra

Sun, Jul 16, 2017

In an interview with PTI here, Mahindra said that due to very high battery cost, there is still reluctance on the part of consumers to go for electric cars.

Tech Mahindra to hire over 2,000 people in US this year

Tech Mahindra to hire over 2,000 people in US this year

Sat, Jul 15, 2017

The Mumbai-based company, which has over 6,000 people working for over 400 clients in the US, has been recruiting resources out of colleges in the US over the past four years.

Anand Mahindra apologises over techie's firing

Anand Mahindra apologises over techie's firing

Sat, Jul 08, 2017

At the end of December 2016,Tech Mahindra had over 1.17 lakh employees.

Tech Mahindra's step-down subsidiary LCC Middle East FZ announces to sell 100% stake in LCC Pakistan

Tech Mahindra's step-down subsidiary LCC Middle East FZ announces to sell 100% stake in LCC Pakistan

Wed, Jun 21, 2017

Tech Mahindra's step-down subsidiary LCC Middle East FZ LLC will sell its 100% shareholding in LCC Pakistan to Talkpool AG and the deal is expected to be completed by October 31 this year.

It's possible for us to protect jobs of youngsters if senior execs take salary cuts, says Infosys' N R Narayana Murthy

It's possible for us to protect jobs of youngsters if senior execs take salary cuts, says Infosys' N R Narayana Murthy

Fri, Jun 02, 2017

Speaking to a news channel on the ongoing layoffs into the IT industry, Infosys co-founder N R Narayana Murthy said that it was possible for all IT companies to protect the jobs of youngsters if their senior management executives take some salary cuts.

Market LIVE: Nifty trades in green, Sensex up 47 points

Market LIVE: Nifty trades in green, Sensex up 47 points

Tue, May 30, 2017

Live coverage of BSE Sensex, NSE Nifty and real-time updates of India Inc.

Tech Mahindra's stocks fall nearly 17% in early trade after posting 33% decline in Q4 profit

Tech Mahindra's stocks fall nearly 17% in early trade after posting 33% decline in Q4 profit

Mon, May 29, 2017

After posting nearly 33% decline in its Q4 profit for FY17, the stocks of IT major Tech Mahindra fell down about 17% in the early trade on Monday.

Top Indian IT cos like TCS, Infosys, others will lead in digital business, says recruitment firm Head Hunters India

Top Indian IT cos like TCS, Infosys, others will lead in digital business, says recruitment firm Head Hunters India

Sun, May 28, 2017

Executive search firm Head Hunters India Founder and MD Kris Lakshmikanth told PTI that he firmly believes top companies including TCS and Infosys to lead India in the digital business further adding that these companies have clearly understood the dramatic change and the challenges of going digital more than two years back.

Tech Mahindra's net profit declines by 33% in Q4; declares dividend

Tech Mahindra's net profit declines by 33% in Q4; declares dividend

Fri, May 26, 2017

Vineet Nayyar, Vice Chairman of Tech Mahindra said, "IT the world over is going through a major shift with demand patterns changing constantly. Most businesses are also battling the geopolitical uncertainties and as a digital transformation company, we see these as huge opportunities in the future."

Earnings, global cues to set trend this week; stocks may see volatility

Earnings, global cues to set trend this week; stocks may see volatility

Sun, May 21, 2017

Indian stock markets this week are likely to witness volatility in the midst of derivatives expiry, global cues alongwith quarterly earnings of blue-chips such as Tata Motors, ITC, and Sun Pharma.

Rupee appreciation likely to hurt margins of TCS, Infosys, others in Q1 FY18: Experts

Rupee appreciation likely to hurt margins of TCS, Infosys, others in Q1 FY18: Experts

Sat, May 20, 2017

The appreciation of Indian rupee is likely to hurt margins of Indian IT companies likes TCS, Infosys, Wipro, among others Q1 of FY18 as their services are billed in global currencies mainly in the US dollar and strengthening of the currency will lower their export earnings.

How a stronger Indian Rupee can hamper your career in India's IT sector

How a stronger Indian Rupee can hamper your career in India's IT sector

Fri, May 19, 2017

Samir Tripathi, analyst, ICICI research said, “Overall Rupee trajectory over a one year time frame is expected to be stronger than the one-year forward rates. From medium term perspective, we expect rupee to trade around 65.50 levels by March 2018 – with a variation of around 2%.”

Amidst ‘robust’ layoff rumours nine IT companies in India make it to LinkedIn’s Top Companies 2017 list

Amidst ‘robust’ layoff rumours nine IT companies in India make it to LinkedIn’s Top Companies 2017 list

Thu, May 18, 2017

Despite rumours of massive layoffs and a bleak future at IT companies considering automation and protectionist attitudes of the west, Indians are still looking for jobs in these companies.

Not correct to assume IT industry going for big job cuts: Govt

Not correct to assume IT industry going for big job cuts: Govt

Tue, May 16, 2017

IT Secretary Aruna Sundararajan said there could be some cases were contracts are not renewed as part of the regular annual appraisal cycle.

Layoffs in Indian IT may continue for 1-2 years: Experts

Layoffs in Indian IT may continue for 1-2 years: Experts

Sun, May 14, 2017

Indian IT industry is likely to witness a layoff of employees for the next one to two years on account of the sector demanding employees upgradation of skills in digitisation and automation.

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