Many employees working from home during the pandemic took up side jobs without the approval of their parent firm
Tata Sons' unit Tejas Network will manufacture the equipment locally for BSNL
However, fears of an impending recession and declining profitability have together contributed in the change of mood for these IT services companies, along with their approach
The duality between the ground reality of tangible unemployment and the perception created by events like "rozgar melas" will likely continue till the next general election
Market Wrap: Bharti Airtel, Maruti, HCL Technologies and Hindustan Unilever were the prominent losers, while ITC and Sun Pharma finished with steady gains.
Stocks to watch today: Tech Mahindra's net profit for Q2 FY23 was down 4 per cent at Rs 1,285 crore due to supply-side pressure; NCC received two new orders worth Rs 1,056 crore in October
Employees will need prior permission; no-tolerance policy will be followed if they hide, he adds
Profit was up sequentially, however; Revenue rose 20.7% YoY and 3.3% QoQ, driven by growth in CME segment and the US market
The company added over 5,000 people to its headcount during the latest September quarter, taking the overall employee base to 1.63 lakh
The company added over 5,000 people to its headcount during the latest September quarter, taking the overall employee base to 1.63 lakh
The company, in its exchange filing last week, informed that the board of directors will consider a proposal for payment of interim dividend for the financial year 2022-2023, during its scheduled meet
Stocks to watch today: Adani Enterprises' subsidiary has acquired aircraft maintenance repair and overhaul unit Air Works for Rs 400 crore
As part of NXT.NOW™ framework, Tech Mahindra focuses on investing in emerging technologies and solutions that enable digital transformation and meet the evolving needs of its customers
Country's fifth largest IT services exporter Tech Mahindra on Tuesday announced it will be hiring 3,000 people in Gujarat over the next five years. The company's current staff strength in Gujarat could not be immediately ascertained. It signed a Memorandum of Understanding (MoU) with the Government of Gujarat under its IT/ITeS (IT enabled services) policy on Tuesday. The agreement will enable the company to address the changing engineering needs of enterprises, its managing director and chief executive C P Gurnani said and appreciated the state for improvements in the ease of doing business. An official statement said the government has so far signed 15 MoUs with domestic and global companies under the IT/ITeS policy which will generate approximately 26,750 skilled IT employment opportunities in the state.
Top IT and tech firms like Wipro, Infosys and Tech Mahindra have reportedly revoked offer letters given to students after delaying their joinings by nearly three-four months
Today NSE Top Gainers and Top Loser, 9 Sept: Tech Mahindra rose by 3.4 percent, UltraTech cement falls by 1.97 percent. Read this detailed report on gainers and losers in National Stock Exchange
Comviva, a subsidiary of Tech Mahindra and a global mobility solutions provider, is targeting a 10 per cent share of the $2-billion addressable 5G-enabled business applications market across the world
In the past eight days, the Nifty IT index has slipped 10 per cent, as compared to 4 per cent decline in the Nifty 50 index
According to a media report, the new and updated SUV comes with a restyled front bumper, Mahindra's 'twin-peaks' logo, and new LED DRLs
The initial version of the application was launched on Friday and will be available on both iOS and android