Page 11 - Tech Mahindra

Tech Mahindra Q2 net down 4% YoY to Rs 1,285 cr on supply side pressure

Profit was up sequentially, however; Revenue rose 20.7% YoY and 3.3% QoQ, driven by growth in CME segment and the US market

Tech Mahindra Q2 consolidated PAT declines by 4% to Rs 1,285 crore

The company added over 5,000 people to its headcount during the latest September quarter, taking the overall employee base to 1.63 lakh

Tech Mahindra Q2 consolidated PAT decline by 4% to Rs 1,285 crore

The company added over 5,000 people to its headcount during the latest September quarter, taking the overall employee base to 1.63 lakh

Tech Mahindra to consider interim dividend for FY23 in board meeting

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: Adani Enterprises, BEL, Piramal Pharma, Telecom, Shalby

Stocks to watch today: Adani Enterprises' subsidiary has acquired aircraft maintenance repair and overhaul unit Air Works for Rs 400 crore

Tech Mahindra to expand in Gujarat, will hire 3,000 people in five years

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

Tech Mahindra to hire 3,000 people in Gujarat over next five years

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.

Wipro, Infosys, TechM revoke offer letters given to freshers: Reports

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

Top Gainers and Losers, NSE: TECHM grows 3.4%; ULTRAMCEMCO falls 1.9%

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 targets 10% of 5G-enabled business globally in next 5 years

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

Nifty IT slips nearly 5% in a bearish market; Tech M, Infosys fall up to 6%

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

Mahindra to unveil Scorpio Classic's price tomorrow; check details here

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

Chess Olympiad: Tech Mahindra's app lets game buffs track the board moves

The initial version of the application was launched on Friday and will be available on both iOS and android

Trading Strategies: Mehul Kothari recommends to buy Tech Mahindra, sell SBI

According to the analyst from Anand Rathi, SBI has not seen any meaningful correction, and the stock now hovers near the multiple tops zone.

Google starts Street View in India with local partners after policy change

Tech Mahindra and mapping firm Genesys will work with US technology giant to 360-degree view of streets, landmarks

IT companies' margins decline to decade-low of 23.2% in June quarter

Wipro, Tech Mahindra see double-digit decline in net profit

Stocks to watch: Asian Paints, Bajaj Auto, Tata Steel, Axis Bank, Lupin

Stocks to watch today: Asian Paints, Bajaj Auto will report their June quarter results (Q1FY23) on Tuesday, July 26; Lupin received approval from USFDA to market medication for high blood pressure.

TechM profit declines over high costs, beats estimates on revenue front

The big positive was the reduction in the attrition rate, which came in at 22 per cent, down from 24 per cent in Q4FY21

Top headlines: Axis Bank profit doubles, wind energy looks for second wind

Total income of the bank rose to Rs 21,727.61 crore during April-June quarter of the current fiscal, compared to Rs 19,361.92 crore in the year-ago period, Axis Bank said in a regulatory filing

Tech Mahindra net profit falls 16.4% to Rs 1,132 crore in April-June

"We remain resilient and watchful given the dynamic global macroeconomic environment and will continue to invest in new and emerging technologies to deliver differentiated offerings," its MD &CEO said