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TECH MAHINDRA NEWS IN ENGLISH

  • tech mahindra sees weak revenue earnings in apr jun quarter

    Tech Mahindra sees weak revenue, earnings in Apr-Jun quarter

    June 30, 2015 11:04 IST

    New Delhi: Tech Mahindra, India's fifth largest information technology (IT) services exporter, on Monday warned a seasonally weak mobility business and visa costs would impact its revenue in the April-June quarter, forcing cost control measures

  • tech mahindra to expand its base in us

    Tech-Mahindra to expand its base in US

    February 11, 2015 22:07 IST

    To tap the emerging business opportunities in digital technology, Tech Mahindra Ltd. is looking to build more technology development facilities in United States and Canada. The move is likely to boost local hiring in these

  • rbi list videocon tech mahindra ril among 113 seeking small

    RBI list: Videocon, Tech Mahindra, RIL among 113 seeking small, payment bank licences

    February 05, 2015 11:42 IST

    New Delhi: The Reserve Bank of India has released the names of applicants of small finance banks and payment banks. The RBI received 72 applications for small finance banks and 41 applications for payments banks.The

  • tech mahindra to buy lightbridge communications in rs 1 486

    Tech Mahindra to buy Lightbridge Communications in Rs 1,486 crore deal

    November 21, 2014 15:33 IST

    New Delhi: Country's fifth largest software services firm the Anand Mahindra-led Tech Mahindra will acquire global network services firm Lightbridge Communications Corporation (LCC) in an all-cash deal worth $240 million (over Rs 1,486 crore).The move

  • tech mahindra gains on good q2 results

    Tech Mahindra gains on good Q2 results

    October 30, 2014 10:30 IST

    New Delhi: Tech Mahindra Ltd gained nearly 4.4 per cent in trade on Thursday after the India's fifth-largest software service company reported 14 per cent QoQ jump in consolidated net profit to Rs 720 crore

  • mahindra mahindra q4 profit rises marginally to rs 897 cr

    Mahindra & Mahindra Q4 profit rises marginally to Rs 897 cr

    May 30, 2014 17:02 IST

    New Delhi: Mahindra & Mahindra Ltd on Friday posted a marginal increase in standalone net profit at Rs 896.88 crore for the fourth quarter ended March 31.The auto major had posted a profit of Rs

  • tech mahindra q4 net dips 3.6 to rs. 614.2 crore

    Tech Mahindra Q4 Net Dips 3.6% to Rs. 614.2 Crore

    May 15, 2014 11:30 IST

    Mumbai: Tech Mahindra Ltd, India's fifth largest IT services firm, reported a 3.6 per cent decline in consolidated net profit at Rs. 614.2 crore for the fourth quarter that ended on March 31, 2014.The company

  • tech mahindra forays into mexican market

    Tech Mahindra forays into Mexican market

    May 09, 2014 17:33 IST

    New Delhi: IT services firm Tech Mahindra has entered the Mexican market, where it will focus on industries such as telecom, banking, energy and manufacturing and help create about 500 jobs in the next 24

  • action against it firms for working on polling day

    Action against IT firms for working on polling day

    India | April 24, 2014 17:11 IST

    Chennai: Election authorities lodged a police complaint against five companies at an IT park here for functioning on the day of Lok Sabha polling in Tamil Nadu today in violation of rules and sent back

  • tech mahindra may shift gupta to head key verticals in us

    Tech Mahindra may shift Gupta to head key verticals in US: report

    March 16, 2014 17:39 IST

    New Delhi: Tech Mahindra's head of Australia and New Zealand operations, Bobby Gupta, may be shifted to the US as head of strategic initiatives, according to sources close to the development.Mr Gupta, who took over

  • tech mahindra partners alstom for global development centre

    Tech Mahindra partners Alstom for global development centre

    March 13, 2014 23:00 IST

    New Delhi: IT services firm Tech Mahindra said it has set up a global development centre in partnership with Alstom Transport, a manufacturer of rail technology. Under a three-year partnership, the two companies will focus

  • tech mahindra shares jump over 4 as fiis limit raised

    Tech Mahindra shares jump over 4% as FIIs limit raised

    September 03, 2013 15:50 IST

    New Delhi: Shares of Tech Mahindra Ltd on Tuesday rose by over 4 per cent after the Reserve Bank of India allowed the IT firm to raise the purchasing limit of shares by foreign institutional

  • tech mahindra seeks transfer of satyam sezs

    Tech Mahindra seeks transfer of Satyam SEZs

    August 21, 2013 15:51 IST

    Hyderabad: Tech Mahindra, which merged Mahindra Satyam (Satyam Computer Services Limited) with itself a few months ago, is in the process of transferring three special economic zones that were allotted to the latter before merger.According

  • tech mahindra q1 net profit up 27

    Tech Mahindra Q1 net profit up 27%

    August 12, 2013 17:40 IST

    Mumbai: IT firm Tech Mahindra reported 27% jump in consolidated net profit at Rs 686.3 crore for the quarter ended June 30, 2013, led by broad-based growth across sectors like manufacturing and media and entertainment.This

  • tech mahindra completes satyam merger becomes 5th biggest

    Tech Mahindra completes Satyam merger, becomes 5th biggest IT firm

    June 25, 2013 15:13 IST

    New Delhi, June 25: Tech Mahindra has completed the merger of its unit Satyam Computer Services with itself, making it the No 5 Indian IT services provider.The merged entity with have revenues of $2.7 billion,

  • tech mahindra shares jump 7 on q4 earnings

    Tech Mahindra shares jump 7% on Q4 earnings

    May 22, 2013 9:58 IST

    New Delhi, May 22: Shares in Tech Mahindra rose as much as 6.8 per cent on Wednesday following a 24 per cent rise in its net profit for the January-March quarter, beating estimates.Tech Mahindra said

  • tech mahindra profit rises over 46 in sept quarter

    Tech Mahindra profit rises over 46% in Sept quarter

    November 05, 2012 17:25 IST

    Mumbai, Nov 5: Tech Mahindra, country's sixth largest software exporter, on Monday said its consolidated net profit grew by 46.57 per cent to Rs 160.13 crore for the quarter ended September 30, 2012.This is against

  • tech mahindra mahindra satyam boards approve merger

    Tech Mahindra, Mahindra Satyam Boards Approve Merger

    March 21, 2012 19:52 IST

    Mumbai, Mar 21: The boards of Mahindra Satyam and Tech Mahindra today approved the merger of the two companies.“The board of directors of the company today approved the amalgamation of Mahindra Satyam with Tech Mahindra,”

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