Page 7 - Tech Mahindra

Tech Mahindra, Marshall partner to drive advancement in aerospace, defence

IT major Tech Mahindra on Thursday said it has inked a pact with UK-based engineering service provider Marshall Group to combine their digital solutions and engineering capabilities to spur advancements in aerospace and the defence industry. Tech Mahindra in a statement said it will assist Marshall's engineering programmes in aircraft design and manufacture, special mission platforms, and the development of digital maintenance, repair, and overhaul (MRO) technologies. Marshall will also make use of Tech Mahindra's suite of data analytics and intelligent field support technologies to enhance its infrastructure solutions' operational efficiency and reliability. "Combining Tech Mahindra's global engineering and technology capabilities with Marshall's rich heritage and specialised knowledge, we are poised to create a powerful collaboration to drive innovation, deliver exceptional customer value, and enable the industry to scale at speed," Narasimham R V, President, Engineering Services,

Former Tech Mahindra India President Mitra launches a new venture

Humanize is a GenAI-first SaaS venture that also integrates low code/no code solutions

MCX, Lupin, TechM, Trent among 5 F&O stocks to Buy ahead of August expiry

Granules, MCX, Colgate, Trent, Dr.Reddy's, Glenmark Pharma, Voltas, Lupin, Tech Mahindra, Coromandel International and Balrampur Chini among F&O stocks are holding a PCR in excess of 1, shows F&O data

Tech Mahindra shares reach 52-week high after 103 acre land sale: details

Shares of Tech Mahindra soared up to 2.48 per cent, hitting its 52-week high at Rs 1,634.25 per share on the BSE in Tuesday's intraday trade

Tech Mahindra, Horizon3.ai come together to provide AI-based cybersecurity

IT company Tech Mahindra on Tuesday said it has partnered with Horizon3.ai, a San-Francisco based provider of autonomous security solutions, to offer AI-based cybersecurity solutions to global customers. The partnership will integrate Tech Mahindra's cybersecurity services with Horizon3.ai's NodeZero platform, offering threat detection, AI-powered pen-testing, and Governance, Risk, and Compliance (GRC) insights. "The partnership will combine Tech Mahindra and Horizon3.ai's cybersecurity domain expertise and global reach to drive innovation, excellence, and proactive defence. It will provide customers with the tools and expertise needed to safeguard their digital assets," a company statement said. Customers will get real-time vulnerability assessments, enabling prompt identification and remediation of vulnerabilities, it added. The enhanced compliance and cost-effective capabilities will ensure organisations meet regulatory standards and access scalable, advanced penetration testing

India's top 5 IT firms continue headcount decline for 7th straight quarter

In the first quarter of FY25 ending June 30, the total number of employees at Tata Consultancy Services, Infosys, Wipro, HCLTech, and Tech Mahindra fell by 2,034 compared to the previous quarter

Stocks to Watch, July 26: Tech M, Cipla, UBL, Power Grid, Sobha, Sanstar

In Asia, Japan's Nikkei traded up 0.27%, Hong Kong's Hang Seng rose 0.85%, and South Korea's Kospi increased 0.90%, while Shanghai Composite and Asia Dow traded flat on Friday morning.

Tech Mahindra Q1 results: Net profit up 23% on cost action; still a miss

The company's revenue beat Bloomberg estimates, but missed on the net profit level

Stocks to watch, July 19: Infosys, RIL, Vi, LTTS, Tata Consumer, DRL, CEAT

At 6:36 AM, GIFT Nifty futures were up 19 points, trading at 24,828.50 levels, indicating a higher start for the day.

Tech Mahindra adopts Microsoft Co-pilot GenAI tool to 'modernise workplace'

IT company will also deploy GitHub Copilot for 5,000 developers, expecting a 35-40 per cent boost in productivity

Nomura has high hopes from Infosys, Coforge ahead of Q1FY25 results

Given the bottoming out of revenue growth rate, analysts expect the earnings per share (EPS) downgrade cycle to come to an end for the sector

Nifty IT index jumps 2%; Tech Mahindra, Persistent trade at 52-week highs

The Nifty IT index has outperformed surging 14% in the last one month owing to the recent portfolio shift after the election outcome, and hope for a better calendar year 2025.

AI to usher in era of technological prowess: Tech Mahindra Chairman

IT firm to follow 'three-pronged' strategy for revenue and profitability predictability, says Mohit Joshi

Tech Mahindra launches indigenous LLM Indus in collab with Dell and Intel

Initially the LLM will support Hindi language and more than 37 of its dialects

Tech Mahindra subsidiary Comviva names Rajesh Chandiramani as CEO

Digital solutions provider Comviva, a Tech Mahindra subsidiary, on Monday announced the appointment of Rajesh Chandiramani as CEO and whole-time director, effective June 1, 2024. Chandiramani took over the baton from Manoranjan 'Mao' Mohapatra, who retired in May 2024. Mohapatra will continue to serve on the Comviva Board as a non-executive director, according to a company statement. Chandiramani previously held senior leadership roles at Tech Mahindra, where he served as the business unit head for strategic markets in the UK, Europe, the Middle East, Africa, Asia Pacific, Japan, and India within the Communications, Media & Entertainment (CME) vertical. On the appointment, Atul Soneja, chairman of the company's board, said, "Under his guidance, we look forward to further strengthening our position as a global leader in customer experience and data monetisation solutions, delivering unparalleled value to our clients and stakeholders.

NHPC, Tech Mahindra are top buying picks by HDFC Securities for May 22

Stock Price has broken out from downward sloping trend line on the weekly chart. Stock has surpassed the previous swing high resistance

Tech Mahindra, IBM to assist businesses worldwide in adoption of GenAI

IT company Tech Mahindra on Thursday said it has collaborated with IBM to assist businesses worldwide in responsibly accelerating the adoption of generative AI (GenAI). Under the partnership, TechM amplifAI and IBM watsonx will integrate to bring new GenAI and governance capabilities to enterprises, according to a company statement. "Our work with Tech Mahindra is expected to expand the reach of watsonx, allowing even more customers to build trustworthy AI as we seek to combine our technology and expertise to support enterprise use cases such as code modernisation, digital labour, and customer service," IBM Ecosystem General Manager Kate Woolley said.

Former Tech Mahindra vice chairman Vineet Nayyar passes away aged 85

Anand Mahindra, Chairman of the Mahindra Group, penned an emotional tribute following the passing of 'his friend' Nayyar, describing him as a towering figure in the Indian business landscape

MOIL, TechM: Top buy & sell ideas from Vinay Rajani of HDFC Securities

Nifty formed a bullish candle on May 14, but did not close at its intraday high. It can now rise towards the 22302-22348 band while 22131 could offer support in the near term

HDFC Sec sees up to 14% upside in Oil India, Tech Mahindra; check why

From the all-time high of 22,794, Nifty has witnessed a correction of more than 550 points in the span of three trading sessions