'We are also working with our portfolio companies to improve margins and revenue'
Revenue growth however missed the estimates at Rs 86.30 billion up 13.5% Year on year (YoY), up 4.3% quarter on quarter
'With the advent of next generation technologies such as 5G, cloud and Artificial Intelligence (AI), the auto industry is set to undergo a huge change in the coming future'
IT company Tech Mahindra expects its cyber security business to grow in the range of 30-40 per cent, at least for the next three years, according to a senior company official. "We are doing a very humble start even if we grow 30-40 per annum in our business of security. It is fair estimate of what we can put on ground," Rajiv Singh, Senior VP & Global Head of cyber security unit of Tech Mahindra, told PTI. He was replying to query on growth and business opportunity that company sees in cyber security business. Singh said that the growth is expected in cyber security division of Tech Mahindra every year over a period of next three years. "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. The company recently signed partnership pact with security arm of Israel government-run Israel Aerospace Industries (IAI) to ..
The partnership with Tech Mahindra aims at providing cutting-edge cybersolutions and services to government and private enterprise in India
Pramanik accused the manager of making 'mocking judgements' on how his purported 'effeminate' nature had affected his work
IT company Tech Mahindra Tuesday announced that it will set-up 5G center of excellence (CoE) in collaboration with Intel Technology in Redmond, Washington and Bengaluru. The centre will aim to help communication service providers optimise their capital expenditure on 5G migrations and rollout with help of virtualisation and open source technologies and accelerate new revenue-generating services that will lead the transformation journey, Tech Mahindra said in statement. "We continue to build on our strategic partnership with Intel, collaborating to develop and co-create 5G solutions. With over 926 global customers, including Fortune 500 companies across diverse industry verticals...we are poised to unlock new experiences for these industry verticals with 5G," Manish Vyas, President, Communications, Media & Entertainment Business, and the CEO, Network Services, Tech Mahindra said.
This partnership will include developing and delivering conversational AI solutions for global enterprises
This is apparently first-of-its-kind technology in the world to be deployed to prevent leakages of consumer information from unauthorised telemarketers
Inter-Informatics had posted a revenue of $10.7 million in 2017. It has presence in Czech Republic and Romania
The company has already hired about 1,800 fresh graduates in the first quarter of the ongoing fiscal, Tech Mahindra Chief Financial Officer Manoj Bhat said in a recent investor call
BS ReporterHyderabad, 3 August: Indian tech company Tech Mahindra today announced a strategic partnership with domestic blockchain company Nucleus.Vision(NV). Under this partnership Tech Mahindra will provide the technology expertise to broaden NV's business reach, and will leverage its telecom affiliates to promote the offering at a global level, the company said.NV currently uses blockchain technology in its customer identification platform- ION, which allows brick-and-mortar retailers to identify any customer who walks into a store, in real-time, using its proprietary sensor technology. Tech Mahindra CEO CP Gurnani said that this collaboration was a testimony of the company's commitment to enable, guide and support start-ups and companies leveraging next generation technologies."The aim of the partnership is to harness blockchain led innovation, and to channelise it globally, by giving access to our vast and expansive customer ecosystem," he said.Tech Mahindra also announced the ...
Tech Mahindra's Q1 FY19 numbers lacked the financial firepower of its larger Indian rivals
Expenses for the quarter rose 8.2% to Rs 72.31 bn
Tech Mahindra will join its peers including TCS, Infosys, Wipro and Cognizant to set up operations in the state
Gurnani earned Rs 1.46 billion in 2017-18, which is 3,150 times the median employee remuneration (MRE) at the company
Its operating profit is expected to improve 24% annually over FY18-21
Company says it's committed to hiring, added 1700 staff over past two months
Software headcount reduces by close to 10,000, overall headcount drops 4886
GDPR is an opportunity for us. To me, the opportunity is the fundamental need for data protection, which obviously means our cyber security practice will gain from this implementation.