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Tech Mahindra

How does outgoing TCS CEO Gopinathan's salary compare to other IT execs?

TCS CEO Gopinathan resigned on March 16 and will be replaced by company veteran K Krithivasan

How does outgoing TCS CEO Gopinathan's salary compare to other IT execs?
Updated On : 17 Mar 2023 | 9:49 AM IST

Top-level exits at Infosys do not impact long-term growth: Experts

Mohit Joshi has joined Tech Mahindra as its CEO and MD. Experts have said that the development is consequential given the macroeconomic circumstances

Top-level exits at Infosys do not impact long-term growth: Experts
Updated On : 14 Mar 2023 | 10:52 AM IST

Investors give a thumbs-up to Tech Mahindra's choice of Gurnani's successor

However, amid high hopes, new CEO Mohit Joshi has his task cut out in improving product mix, margins, deal wins, et al

Investors give a thumbs-up to Tech Mahindra's choice of Gurnani's successor
Updated On : 13 Mar 2023 | 10:43 PM IST

Tech Mahindra surges 9% on appointing Mohit Joshi as MD & CEO

MOFSL believes that this is a positive for Tech Mahindra as it will help the company scale up its BFSI vertical, which has lagged peers in recent years.

Tech Mahindra surges 9% on appointing Mohit Joshi as MD & CEO
Updated On : 13 Mar 2023 | 12:14 PM IST

Stocks to watch: Sona BLW, M&M, Tech M, DLF, BoB, Vedanta, Godrej Prop

Stocks to watch today: From Sona BLW to Bank of Baroda, here are few stocks to watch out in Monday's trade

Stocks to watch: Sona BLW, M&M, Tech M, DLF, BoB, Vedanta, Godrej Prop
Updated On : 13 Mar 2023 | 8:09 AM IST

Tech Mahindra names former Infosys President Mohit Joshi as MD and CEO

The board of directors has approved the appointment for a period of five years with effect from December 20, 2023 to December 19, 2028 (both days inclusive)

Tech Mahindra names former Infosys President Mohit Joshi as MD and CEO
Updated On : 11 Mar 2023 | 11:53 AM IST

How to approach IT stocks amid tighter monetary policy, recession fears?

According to Jefferies, analysts' consensus revenue growth estimates for CY24 have been lowered for top clients of all IT firms, barring Wipro, with the highest cuts for HCL Tech and Tech Mahindra

How to approach IT stocks amid tighter monetary policy, recession fears?
Updated On : 09 Mar 2023 | 10:09 PM IST

Tech Mahindra to invest up to Rs 700 crore over the next 2-3 years

Says products and platforms unit can become a $1-billion business in the next 2-3 years

Tech Mahindra to invest up to Rs 700 crore over the next 2-3 years
Updated On : 03 Mar 2023 | 7:46 PM IST

Tech Mahindra to invest Rs 700 cr in products, platforms division in 2 yrs

IT services company Tech Mahindra on Friday said it will invest up to Rs 700 crore in the newly carved out division of products and platforms in the next two years. The Mahindra group company is already present in the products and platforms business with its acquisition of the telecom sector-focused Comviva and other offerings which are delivering an annual revenue run rate of USD 450 million, company's chief executive and managing director C P Gurnani said. In the next two-three years, we are aiming to take the revenue from products and platforms to USD 1 billion, he told PTI in a virtual interaction in Pune after making the announcement about the new division at 'investor day'. The investment in the new division, to be led by Gurugram-headquartered Comviva's team, will be Rs 500-700 crore over the next two-and-half years, Gurnani said. The Comviva team, which also has presence in Bhubaneswar and Bengaluru, has been tasked with leading the entire products and platforms play,he ...

Tech Mahindra to invest Rs 700 cr in products, platforms division in 2 yrs
Updated On : 03 Mar 2023 | 5:08 PM IST

Comviva focusing on 'martech' vertical in India: CEO Manoranjan Mohapatra

Martech describes the software end functions marketers use to optimise their marketing efforts

Comviva focusing on 'martech' vertical in India: CEO Manoranjan Mohapatra
Updated On : 24 Feb 2023 | 11:04 PM IST

Vodafone Germany, Tech Mahindra deepen partnership for enhanced service

Vodafone Germany's partnership with Tech Mahindra began in 2019 with focus on "transforming assisted sales experience"

Vodafone Germany, Tech Mahindra deepen partnership for enhanced service
Updated On : 23 Feb 2023 | 6:03 PM IST

Tech Mahindra eyes up to 60% revenue from US in the next four years

Revenue from Americas was 47.9 per cent in fiscal 2021-22, as compared to 47.5 per cent in fiscal 2021

Tech Mahindra eyes up to 60% revenue from US in the next four years
Updated On : 17 Feb 2023 | 6:59 PM IST

IT shares in focus; TCS hits 9-mth high; Tech Mahindra surges 11% in 2 days

Thus far in calendar year 2023, the Nifty IT index has outperformed the market by surging 10 per cent, as compared to 0.55 per cent decline in the Nifty 50

IT shares in focus; TCS hits 9-mth high; Tech Mahindra surges 11% in 2 days
Updated On : 16 Feb 2023 | 11:21 AM IST

Tech Mahindra to open its first data, AI and cloud centre in Saudi Arabia

The CoE will combine academic and socio-economic goals to build national hi-tech talent capacity, create quality jobs, promote digital innovation, and upscale SMEs

Tech Mahindra to open its first data, AI and cloud centre in Saudi Arabia
Updated On : 08 Feb 2023 | 7:44 PM IST

Tech Mahindra dips 4% as management flags growth moderation, budget cuts

Tech Mahindra is witnessing moderation in growth, slower decision-making for projects, cuts in discretionary spending and shrinking budgets for short-term tactical deals, its management said

Tech Mahindra dips 4% as management flags growth moderation, budget cuts
Updated On : 31 Jan 2023 | 11:26 AM IST

Stocks to Watch: Adani Group, LIC, L&T, Tech M, Inox, Leisure, GAIL, IOC

Stocks to Watch today: Stock exchanges BSE and NSE on Monday revised the circuit limits for three Adani group companies - Adani Total Gas, Adani Transmission, and Adani Green Energy - from 20% to 10%

Stocks to Watch: Adani Group, LIC, L&T, Tech M, Inox, Leisure, GAIL, IOC
Updated On : 31 Jan 2023 | 7:52 AM IST

TechM net falls 5.3%; enterprise biz crosses $1 bn in quarterly revenue

Revenue for the quarter came in at Rs 13,734.6 crore for Q3 - up 19.9 per cent. On a sequential basis, revenue was up 4.6 per cent

TechM net falls 5.3%; enterprise biz crosses $1 bn in quarterly revenue
Updated On : 30 Jan 2023 | 11:07 PM IST

Tech Mahindra's Q3 profit slides 5.3% as expenses jump on macro challenges

India's Tech Mahindra reported a fall in third-quarter profit on Monday, hurt by higher expenses and a subdued performance by its communications division

Tech Mahindra's Q3 profit slides 5.3% as expenses jump on macro challenges
Updated On : 30 Jan 2023 | 5:02 PM IST

Tech Mahindra opens Google Cloud Delivery Center in Mexico's Guadalajara

Facility will enable customers to modernise infrastructure and manage workloads

Tech Mahindra opens Google Cloud Delivery Center in Mexico's Guadalajara
Updated On : 13 Jan 2023 | 5:25 PM IST

Tech Mahindra signs MoU with Egyptian agency for delivery centre in Cairo

Facility will serve firm's clients across telecom, oil & gas, BFSI, Energy & Utilities and public sector; company to hire 1,000 staff to serve global and local customers from centre

Tech Mahindra signs MoU with Egyptian agency for delivery centre in Cairo
Updated On : 02 Dec 2022 | 8:31 PM IST