Tech Mahindra

Tech Mahindra to acquire 100% stake in Mahindra Racing UK for Rs 13.5 cr

Tech Mahindra on Friday said its wholly owned subsidiary, Tech Mahindra London Ltd (TMLL), has entered into a definitive agreement to acquire Mahindra Racing UK Ltd (MRUK) from Mahindra Overseas Investment Company (Mauritius) Ltd (MOICML). MOICML is a wholly owned subsidiary of Mahindra & Mahindra Ltd (M&M). This deal, executed through a share purchase agreement, involves TMLL acquiring 100 per cent shareholding in MRUK for a cash consideration of GBP 1.2 million (approximately Rs 13.5 crore). Upon completion, MRUK will become a wholly owned subsidiary of TMLL and, by extension, of Tech Mahindra Ltd. Tech Mahindra said it sees the acquisition as an opportunity to diversify into new business avenues such as sporting events, professional leagues, and data-driven engineering applications, while also enhancing its brand visibility. MRUK, incorporated in the UK in 2014, is engaged in the Formula Electric World Championship Racing industry, participating in events organised by the ..

TECHM, BEL, JSWENERGY: Top picks by Chandan Taparia of MOFSL; check targets

Nifty50 has formed a small bodied bearish candle on a daily frame but has started to form higher lows from the last two sessions

'No bulk hiring anytime soon' as IT companies navigate tricky ground

TCS and Infosys did most of the net hiring in the last financial year, followed by Tech Mahindra while Wipro added very few people

Tech Mahindra shares fall 5% after Q4 results; earnings breakdown here

Tech Mahindra's stock fell as much as 4.7 per cent during the day to ₹1,375 per share, the worst intraday loss since April 7 this year

Stocks to Watch, April 25: SBI Life, Axis Bank, Tech Mahindra, Power Grid

Stocks to Watch on Friday: SBI Life, Axis Bank, Tech Mahindra, Power Grid, PB Fintech, Wipro and Persistent Systems are among the stocks to watch today, April 25, 2025

Tech Mahindra Q4FY25 results: Net profit up 76.5% at Rs 1,167 crore

Revenue for the fourth quarter increased 4 per cent year-on-year (Y-o-Y) to ₹13,384 crore. On a sequential basis, revenue was up 0.7 per cent

Tech Mahindra Q4 results: Net profit rises 77% to ₹1,167 cr, revenue up 4%

India's largest IT companies have flagged uncertainty and delays in technology spending decisions due to U.S. president Donald Trump's unpredictable tariff policies stoking fears of weak a fiscal year

Q4 results today: Tech Mahindra, HUL, Nestle, Axis Bank, L&T Tech on Apr 24

Q4 FY25 company results today: SBI Life Insurance, Nelco, and SBI Cards and Payment Services will be among 37 companies to post earnings reports for the January-March quarter

Tech Mahindra Q4 results: check date, time, expectations, dividend

Tech Mahindra Q4 Results 2025: The IT major is likely to report a flat revenue growth, while the bottom line is expected to rise by 10 per cent

Here are 5 IT stocks that you can still bet on despite US recession fears

Sumit Pokharna, vice president for fundamental research at Kotak Securities suggests five IT stocks that investors can still bet upon from a long-term perspective

Wipro, Tech Mahindra, L&T Tech Services announce partnership with Nvidia

IT services firms Wipro, TechMahindra, and L&T Technology on Wednesday announced individual partnerships with chipmaking giant Nvidia for AI-based solutions for various industries. These software firms are showcasing the solutions leveraging Nvidia technologies at the US-based chip major's ongoing annual GPU Technology Conference (GTC) in California. Tech Mahindra has unveiled an autonomous pharmacovigilance (PV) solution powered by Nvidia AI software to enhance drug safety management. By leveraging agentic AI and automation, the solution improves the speed, accuracy, and efficiency of PV processes, addressing challenges like manual delays and data overload. It integrates Nvidia AI Enterprise tools, including NeMo, NIM microservices, and AI Blueprints, to optimise case intake, data transformation, quality control, and compliance. The AI-driven PV solution instantly flags prioritises, and processes the request by eliminating human intervention that could potentially lead to delays .

Tech Mahindra extends partnership with Google Cloud to boost AI adoption

IT services firm Tech Mahindra on Tuesday announced an expanded long-term partnership with Google Cloud to accelerate the adoption of Artificial Intelligence (AI) for enterprises globally. Together, Tech Mahindra and Google Cloud will help enterprises modernise their infrastructure and data architecture while optimising the return on investment from their AI-powered cloud solutions, a company statement said. The partnership will bring together Tech Mahindra's domain expertise and Google Cloud's AI capabilities, including Google's Gemini models, AI development platform, and agentic AI technology, to develop tailored industry solutions for sectors like communications, healthcare and life sciences, manufacturing, automotive, retail, and financial services. "These solutions will empower businesses to navigate operational complexities, enhance efficiency, and unlock new growth opportunities while adhering to evolving regulatory standards," Tech Mahindra COO Atul Soneja said. Further, Te

Nifty IT at 9-month low; brokerages flag weak earnings outlook for sector

Among individual IT stocks, Infosys slipped over 5 per cent in intraday deals on Wednesday, after Morgan Stanley downgraded the stock to 'equal weight', and preferred TCS.

US Recession? Nifty IT can tank another 10%; key levels on tech stocks here

IT stocks were seen trading in oversold zones at current levels; despite this technical charts suggest that Infosys, TCS, HCL Technologies and Tech Mahindra could slip up to 13% from here on.

Tech Mahindra bolsters US presence with new headquarters in Texas' Plano

Tech Mahindra has announced the opening of its Americas headquarters in Plano, Texas, a move it said underscores the company's firm commitment to the US market. The Plano office is Tech Mahindra's nineteenth office in the US. The new facility will house a diverse range of operational functions, including consulting, delivery, and customer support services. As part of the company's ongoing expansion plans, Tech Mahindra will also establish an Innovation Lab within the same premises. The lab will serve as a center of excellence, focused on developing new technologies, accelerating innovation, and advancing research to address the evolving needs of clients across industries. Tech Mahindra continues to play a significant role in driving technological innovation and providing advanced solutions to its customers in the market, the IT services company said in a release on Friday. The office was inaugurated in the presence of John B Muns, Mayor of Plano, Melanie Royer, Representative of

Down 15% from record high; Nifty IT, 5 tech shares can dip 15% more: charts

Technical outlook on Nifty IT, large-cap technology stocks: The IT index along-with Infosys, TCS, HCL Technologies, Tech Mahindra and Wipro look poised for further losses from present levels.

IT stocks: Nifty IT index slips over 2% on fears of slowing US economy

At 9:57 AM, the Nifty IT index was trading lower by 2.30 per cent, at 39,612. It touched an intra-day low of 39,465.75 during the session so far.

Oil India, TechM: 5 stocks to buy in a falling market for up to 15% gain

Technical charts show that the key momentum oscillators on Oil India and Campus Activewear are turning favourable, hence the stock may trade with a positive bias in the near-term.

Can DeepSeek sparked AI sell-off dent Indian IT shares? Tech view here

Technical charts show that the large-cap IT stocks can fall up to 14% from present levels, while the Nifty IT index can shed another 6%.

Stock Market Highlights: Sensex adds 454 pts, Nifty ends near 23,350; banks, metals, financials lead

Stock Market Highlights, January 20, 2025: Indian markets closed on a positive note on Monday with the 30-share Sensex gaining 454 points or 0.59 per cent to settle at 77,378.91