Page 18 - Tech Mahindra
Tech Mahindra partners with College of Military Engg for defence solutions
IT major Tech Mahindra on Tuesday said its research and development arm, Makers Lab, has collaborated with the College of Military Engineering (CME), Pune to address challenges in the field of defence through technological innovations. CME will leverage the partnership to address critical military problem statements and be future-ready using next-generation technologies of Artificial Intelligence (AI) and Robotics, a statement said. Through this collaboration, Makers Lab will provide real world technological exposure to the army officers at CME and assist them in getting the nuances of next-generation technologies such as AI, Machine Learning (ML), Robotics, Internet of Things (IoT), Augmented and Virtual Reality (AR/VR) to make them future-ready for modern-day warfare, it added. As a part of this partnership, Tech Mahindra will establish a Makers Lab at CME to utilise their diverse set of capabilities and promote R&D to provide cutting-edge technology solutions for defence ...
 "Tech Mahindra partners with College of Military Engg for defence solutions")
Tech Mahindra may partner Reliance Jio to provide 5G solutions to world
TechM said it does not see Reliance as competition but rather as an 'expansion of the industry' through partnership
 "Tech Mahindra may partner Reliance Jio to provide 5G solutions to world")
On the road to recovery: Marquee companies raise advance tax payment
Larsen & Toubro (L&T), state-owned heavyweight Indian Oil Corporation (IOC), IT major Infosys, Tech Mahindra, and private banks ICICI Bank and Kotak Mahindra Bank led the table
 "On the road to recovery: Marquee companies raise advance tax payment")
Sharp stock gains, 5G uncertainty cap further upsides for Tech Mahindra
Improving margin trajectory, enterprise segment growth are positives
 "Sharp stock gains, 5G uncertainty cap further upsides for Tech Mahindra")
Tech Mahindra hits new high on healthy growth outlook, 5G opportunities
The company is expecting acceleration in growth based on large deal pipeline, acceleration in digital technologies and 5G opportunities
 "Tech Mahindra hits new high on healthy growth outlook, 5G opportunities")
HAL, Tech Mahindra sign Rs 400 cr contract for 'Project Parivartan'
Hindustan Aeronautics Ltd and Tech Mahindra signed a contract worth Rs 400 crore for implementation of Enterprise Resource Planning (ERP) to support HAL's 'Project Parivartan'
 "HAL, Tech Mahindra sign Rs 400 cr contract for 'Project Parivartan'")
Tech Mahindra on track surpass FY20 revenues by fourth quarter: CFO Bhat
The Pune-headquartered firm is also close to reaching pre-Covid 19 levels in terms of absolute profit, he says
 "Tech Mahindra on track surpass FY20 revenues by fourth quarter: CFO Bhat")
Tech Mahindra slips over 2% after Q2 result; should you buy the stock?
The company, on Friday, reported a 5.3 per cent year-on-year (YoY) decline in its net profit at Rs 1,064 crore for the September quarter.
 "Tech Mahindra slips over 2% after Q2 result; should you buy the stock?")
Tech Mahindra Q2 net declines 5.3% to Rs 1,064 cr on higher expenses
Revenue for the quarter stood at Rs 9,372 crore, a growth of 3.3 per cent YoY and 2.9 per cent sequentially.
Tech Mahindra to acquire Tenzing Group, Momenton for Rs 293 crore
IT company Tech Mahindra on Friday said it will acquire complete stake in New Zealand-based Tenzing Group and Australian IT firm Momenton for a cumulative amount of around Rs 293 crore
Tech Mahindra Q2 net profit drops 5% YoY to Rs 1,065 crore
The company's board has also proposed a special dividend of Rs 15 per equity share of Rs 5 each.
 "Tech Mahindra Q2 net profit drops 5% YoY to Rs 1,065 crore")
MARKET: Maruti, HDFC help Sensex settle 127 pts higher; Nifty tops 11,900
All that happened in the markets today
 "MARKET: Maruti, HDFC help Sensex settle 127 pts higher; Nifty tops 11,900")
Tech Mahindra unit to pick up stake in Texas-based VitalTech Holdings
IT major Tech Mahindra on Thursday said its US subsidiary will acquire 6.03 per cent stake in US-based VitalTech Holdings, Inc for $3 million
Tech Mahindra Q2 preview: Analysts see up to 14.7% YoY fall in net profit
Deal pipeline in telecommunication & enterprise segment, opportunities in 5G, are some of the key monitorables.
 "Tech Mahindra Q2 preview: Analysts see up to 14.7% YoY fall in net profit")
Tech Mahindra signs agreement to form joint venture with Sumitomo Corp
IT company Tech Mahindra has signed an agreement with Japan-based Sumitomo Corporation for setting up a joint venture to provide engineering service to the automotive sector
TCS makes buyback buzz but other Indian IT firms unlikely to follow suit
Buyback tax provision and steep valuations may deter companies still playing safe in the coronavirus pandemic, say analysts
 "TCS makes buyback buzz but other Indian IT firms unlikely to follow suit")
ITI will be able to produce 4G, 5G equipment in a few months: Tech Mahindra
IT company Tech Mahindra is in advance stage of sharing technology with ITI Limited and said the state-run electronics manufacturing entity will be ready to make 4G and 5G equipment in a few months
Infosys becoming bellwether again, says chairman Nandan Nilekani
The firm believes the strategy it has put in place and investments it has made in the past couple of years will help it achieve the target sooner than later
 "Infosys becoming bellwether again, says chairman Nandan Nilekani")
Tech Mahindra sells stake in Altiostar to Rakuten Mobile for $45 mn
Becomes preferred partner for Rakuten Communication Platform
Tech Mahindra sells stake in Altiostar Networks for $45 mn to Rakuten
In a regulatory filing, Tech Mahindra said its subsidiary Tech Mahindra (Americas) Inc has divested its holding of 18,518,518 C1 preferred shares in Altiostar Networks.