Page 4 - Tech Mahindra

Mindtree shares pare early gains; tumble nearly 9% on profit-taking

In early trade, the stock had climbed 3% after the company registered a 49.1% jump in consolidated net profit in the fourth quarter of FY22

TechM partners with Keysight to certify 5G vendors' gear in New Jersey lab

Tech Mahindra has announced a collaboration with Keysight Technologies to certify 5G equipment of open radio access network (O-RAN) in Tech Mahindra's 5G O-RAN test lab facility located in New Jersey

Infy tops list of firms with strongest ESG scores, followed by M&M, Tech M

Overall, India's rank is 120 on the world Sustainable Development Goals (SDG) index with Finland topping the tables

Tech Mahindra to completely acquire Thirdware for Rs 320 cr

The acquisition is expected to bolster Tech Mahindra's digital solutions and services in automotive consulting, design, and development

Bucking the trend! Nifty IT jumps 2% owing to weaker Re; TCS, Infosys shine

The IT services companies, who make most of their revenues servicing clients in US tend to benefit from a weaker rupee.

Tech Mahindra enters metaverse with TechMVerse launch, eyes 1,200 clients

TechMVerse will be a separate unit that will have a horizontal play within the company and leverage all the services lines and technology segments that the company has presence in

Sensex ends choppy day 145 pts down; Vedant Fashions up 9%, SBI falls 2%

Among individual stocks, Bharti Airtel, M&M, HDFC, Kotak Bank, Nestle India, and Dr Reddy's Labs were the only Sensex gainers today

Stocks to Watch: Vedant Fashions, Escorts, CRISIL, Tech Mahindra, NBFCs

Shares of the Manyavar-brand owner Vedant Fashions to debut on the bourses on Wednesday.

High attrition, employee cost casts spell on IT stks; buy on dips: Analysts

The nervousness in the IT stocks, analysts believe, is on account of rising employee costs at a time the business growth has been modest year-on-year in the December 2021 quarter (Q3FY22)

Sensex ends 696 pts higher, Nifty above 17,750; PSU Bank index up 3%

Financial stocks were the show-stoppers today as six of the top 10 Sensex contributors were either banks or NBFCs

Tech Mahindra dips 4% on margin disappointment in December earnings

In the past one month, the stock has underperformed the market by falling 19 per cent as against a 1.7 per cent rise in the S&P BSE Sensex.

Stocks to Watch: Tech Mahindra, Adani Ports, Hero Moto, Voda Idea, TTML

Adani Green, Apollo Tyres, Adani Total Gas, Balrampur Chini, Dabur, eClerx, HDFC, IOB, Jubilant Foodworks, M&M Financial, Tata Consumer and Zee to announce results today.

Tech Mahindra Q3 net up 7% at Rs 1,378 cr, revenue rises 19%

Narrowing of operating profit margin to 14.8% as against the year-ago period's 15.9% restricted the growth in the bottomline

Street positive on Tech Mahindra's 310 million Euro acquisition

The deal will boost its digital and engineering R&D capabilities in BFSI space

Sensex falls 554 pts, Nifty below 18,150 amid rising bond yield, oil prices

In the intra-day trade, the indices hit a low of 60,662 and 18,086, respectively

Tech Mahindra on slippery ground post acquisition of European IT firm CTC

The company announced acquisition of 100 per cent stake in Europe-based Com Tec Co IT (CTC) and 25 per cent stake in two insurtech platforms for a total of EUR 330 million (about Rs 2,800 crore).

Stocks to Watch: Tech Mahindra, HFCL, NTPC, Bajaj Finance, Just Dial, Sugar

Bajaj Finance, ICICI Prudential Life, Just Dial, Jyoti Structures, LT Technology Services and Tata Elxsi are scheduled to announce December quarter results today.

Tech Mahindra taps into insurance biz with acquisition of Com Tec Co IT

Deal struck at €310 mn; also invests 310 mn; €25 mn in acquiring 50% stake in SWFT & Surance

Tech Mahindra acquires 100% stake in European firm CTC for Rs 2,600 cr

Tech Mahindra said that it has acquired Com Tec Co IT for 310 million euros

Nokia, Tech Mahindra partner for 5G-based solutions for enterprises

Finnish telecom gear maker Nokia and Tech Mahindra have joined hands to deploy 5G-based solutions for business organisations, according to a joint statement by the two companies. Under the collaboration, Tech Mahindra will leverage Nokia's private wireless DAC (digital automation cloud) solution for customers across industries and facilitate in automating 5G private wireless network management on a cloud computing system and enabling them deploy internet of things like technology. "5G adoption has become critical for enterprises to achieve the next level of industrial automation and digital transformation that enable higher level of productivity and reduce operational complexity and costs. We are pleased to partner with Nokia as we continue to build 5G ecosystem, and drive innovation and growth in the future," Tech Mahindra Global Head of 5G & Network Services Business Manish Mangal said in the statement. Nokia DAC will also enable access to other network management and operations