Page 22 - Tech Mahindra

Tech Mahindra Q4 consolidated net profit slips 8.4% to Rs 1,126.6 crore

The Mumbai-based company saw its consolidated revenue from operations increasing 10.4% to Rs 8,892.3 crore as against Rs 8,054.5 crore in the year-ago quarter

Tech Mahindra posts Q2 revenue growth of 5.1% at Rs 9,070 cr, PBT down 7.5%

A strong digital growth and new deals, however, helped it clock 5.6 per cent YoY growth in profit after tax (PAT) to Rs 1,124 crore

Tech Mahindra Q2 profit rises 5.6% to Rs 1,124 crore; to acquire Born Group

The Mumbai-based company had registered a net profit of Rs 1,064.3 crore in the July-September 2018 quarter, Tech Mahindra said in a statement

TechM to set up hubs for global BPO ops, artificial intelligence in Odisha

Company enters into an agreement with Idco to start operations for its proposed BPO, and an MoU with BPUT and CET for a centre of excellence in artificial intelligence and machine learning

Nifty Outlook and trading ideas by CapitalVia: Buy Tech Mahindra, HCL Tech

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

Tech Mahindra surges over 5% after securing multi-year deal with AT&T

With this deal, TechM will assume management of many of the applications which support AT&T's network and shared systems.

Top 10 biz headlines: Faster GST refunds, million auto jobs at risk & more

From a single-authority mechanism for processing GST refunds to exporters coming soon to NCLT approving JSW Steel's Rs 19,700-cr bid for Bhushan Power & Steel, here are today's top business news

Tech Mahindra secures large multi-year AT&T deal to accelerate IT network

Together, AT&T and TechM aim to improve the agility in rolling out and supporting networks of the future, while improving returns on investment through technology-led transformation

Here's a derivative strategy from HDFC Securities for Tech Mahindra

Views on derivative call by Nandish Shah, Senior Technical & Derivative Analyst, HDFC securities.

IT companies fume over double taxation avoidance treaty with Australia

India is the leading sourcing destination across the world, accounting for approximately 55 per cent market share of the $185-190 billion global services sourcing business in 2017-18

Amid talent battle, global uncertainty, top 5 IT firms hire 57% more in Q1

Analysts say that the challenging phase for the IT sector might now be over; companies could grow on a quarter-on-quarter basis

Tech Mahindra Q1 net profit up 6.8% to Rs 959 crore, revenue rises 4.6% YoY

Ebitda was impacted by 100 bps each due to mobility slowdown as well as wage hikes

Tech Mahindra unveils AI-based Humanoid HR for its Noida facility

It can respond to queries with text display along with speech and can address general HR-related employee queries as well as handle personal requests for actions like providing payslip, tax forms, etc

Tech Mahindra inks deal with Airbus for cabin, cargo design engineering

No financial details of the partnership were disclosed

Tech Mahindra, Cisco collaborate to improve digital network offering

Tech Mahindra and Cisco have a 360-degree engagement for close to two decades

Tech Mahindra bags $100-mn outsourcing contract from Vodafone New Zealand

According to reports, Vodafone NZ had offered all its employees, other than call centre and retail staffers, voluntary severance package

Tech Mahindra Q4 net profit down 7% to Rs 1,132 crore, revenue up 10%

Barring telecom, growth in other verticals has been dismal

IT giant Tech Mahindra signs defence contract worth Rs 300 crores

The Mumbai-based company will develop a secure application to manage the access control devices, network devices and the AFSAC card through a data centre

TechM to buy 18% stake each in lnfotek Software, Vitaran for up to Rs 13 cr

Tech Mahindra intends to leverage the presence of the companies in the radio-frequency identification (RFID) space in building a strong footprint in the asset monitoring

Riding on 5G tech, Tech Mahindra aims to boost communications revenues

Tech Mahindra is building 5G use cases with US-based hospitals to help manage devices remotely and eventually manage remote surgeries that will require seamless network connectivity