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  MWC 2024: Tech Mahindra signs MoU with Pegatron to develop AI-enabled private 5G networks

  Technology | February 28, 2024 16:06 IST

  This partnership will leverage a purpose-built private 5G product portfolio marketed under Pegatron's 5G business unit, coupled with Tech Mahindra's proven expertise in large-scale 5G transformations, to provide end-to-end 5G for Enterprise (5G4E) solutions for global enterprises.

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  Sensex slides 359 points, closes at 70,700; Nifty dips 101 points to 21,352

  Business | January 25, 2024 16:49 IST

  The Indian stock market experienced a downturn as both Sensex and Nifty faced selling pressure in IT stocks and witnessed continuous foreign fund outflows. The benchmark BSE Sensex concluded at 70,700.67, marking a 0.51% decline with a substantial earlier drop of 741.27 points to 70,319.04.

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  Airtel, Tech Mahindra partners to deploy a captive private network at Mahindra’s Chakan Facility

  Technology | January 11, 2023 15:43 IST

  NXT and its domain expertise in planning, designing, deploying, and management of private wireless networks for enterprises will benefit enterprise customers and accelerate the adoption of transformative network technologies like 5G in India.

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  TCS, Infosys, Wipro, HCL, Tech Mahindra, Cognizant to cut 3 million jobs by 2022: Report

  Business | June 16, 2021 20:29 IST

  With automation taking place at a much faster pace across industries especially in the tech space, domestic software firms that employee over 16 million are set to slash headcounts by a massive 3 million by 2022, which will help them save a whopping USD 100 billion mostly in salaries annually, says a report.

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  Tech Mahindra to acquire Payments Technology Services for Rs 66 crore

  Business | January 12, 2021 20:35 IST

  IT services major Tech Mahindra on Tuesday said it will acquire Payments Technology Services Ltd (PTSL), a step-down subsidiary of fintech firm FIS, for USD 9 million (about Rs 66 crore).  

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  HAL inks Rs 400-cr pact with Tech Mahindra for 'Project Parivartan'

  Business | October 29, 2020 11:48 IST

  As a system integrator, Tech Mahindra would implement Project Parivartanover a period of nine years at a cost of Rs 400 crore. "Tech Mahindra will transform the distributed application to a centralised application, for all the 20 divisions and R&D Centers of HAL based on a business transformation engineering process.

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  Tech Mahindra shares jump nearly 4 pc on better-than-expected Q1 earnings

  Business | July 28, 2020 19:33 IST

  Shares of Tech Mahindra jumped nearly 4 per cent on Tuesday after the company reported a 1.35 per cent rise in June quarter net profit, and said it is targeting to emerge stronger by the end of 2020.

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  Tech Mahindra Q4 profit falls 29 pc to Rs 804 crore

  Business | April 30, 2020 21:20 IST

  IT services firm Tech Mahindra on Thursday reported 29 per cent dip in March quarter consolidated net profit at Rs 803.9 crore owing to narrowing of margins due to factors including a surge in COVID-19 related costs.

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  Tech Mahindra opens sprawling campus in Warangal in a bid to focus on Tier-II cities

  Business | January 07, 2020 15:32 IST

  Tech Mahindra Ltd on Tuesday announced the inauguration of its new delivery centre. The centre was inaugurated in the presence of IT and Industries Minister KT Rama Rao. The new facility is in line with Tech Mahindra's TechMNxt charter, which focuses on leveraging next-generation technologies and solutions, like artificial intelligence among others to address real-world problems to meet the customer's evolving and dynamic needs, a press release from the IT firm said.

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  Tech Mahindra introduces 'same-sex' adoption leave

  Business | December 26, 2019 17:16 IST

  Taking a major step towards creating an inclusive workplace, IT major Tech Mahindra has announced that the same-sex couples will be able to avail 12 weeks of paid adoption leave as per the new policies.  

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  Tech Mahindra signs defence contract worth Rs 300 crore

  Business | May 21, 2019 20:03 IST

  IT major Tech Mahindra on Tuesday said it has signed a defence contract worth Rs 300 crore, its biggest till date.

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  Tech Mahindra in collaboration with Rakuten to set up 5G labs in Tokyo, Bengaluru

  Technology | October 29, 2018 15:54 IST

  Tech Mahindra will also provide network integration capabilities to add value to the lab operations.

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  Tech Mahindra, Israel Aerospace tie up for advanced global cybersecurity

  Business | October 03, 2018 15:02 IST

  Tech Mahindra on Wednesday announced global partnership with Israel Aerospace Industries (IAI) to provide and develop technical security solutions for utility firms and critical infrastructure.

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  Tech Mahindra fires 'homophobic' executive after ex-employee's complaint

  India | September 17, 2018 14:06 IST

  The ex-employee had alleged that the manager made "a mockery out of a religious minority" despite being a leader at a company that prides itself for diversity.

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  Tech Mahindra, Intel to open 5G Centre of Excellence in India, US

  Technology | September 11, 2018 23:59 IST

  Tech Mahindra to open two 5G Centre of Excellence (CoEs) powered by Intel technology in Redmond, Washington State and Bengaluru.

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  Massive drop in H-1B approvals for Indian IT companies in 2015-17

  India | April 25, 2018 13:53 IST

  The top-seven Indian based companies received only 8,468 approved H-1B visa petitions in the financial year 2017, a decline of 43 percent for these companies since the financial year 2015.    

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  Tech Mahindra to hire around 2,200 people in US this year

  July 17, 2017 11:26 IST

  The company says there is no connect between its US hiring and laying off staff in India

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  Potential to be in top-5 technology services brands by 2020, says Tech Mahindra

  May 14, 2017 18:35 IST

  Tech Mahindra has been ranked at No 14, with an impressive growth of 21 per cent over the previous fiscal, a joint release by Tech Mahindra and Brand Finance said.

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  After Infosys and Wipro, now Tech Mahindra looks to lay off hundreds on 'performance' ground

  May 10, 2017 23:25 IST

  After IT majors Infosys and Wipro, it is now Tech Mahindra's turn to lay off hundreds of its employees based on their performance.

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  Small finance bank licences next month: Raghuram Rajan

  August 20, 2015 12:20 IST

  Mumbai:  After granting approval to 11 entities for payments banks, RBI today said it will announce small finance bank licences next month and allayed concerns that these new entities can pose any threat to existing