Tech Mahindra Gains 4% on Q2
Oct 30, 2014 at 10:00 | Source:
Shares in Tech Mahindra gained over 4 per cent to a day high of Rs 2,502.2 on Thursday as the company reported strong set of earnings for the July to September quarter of FY15 on Wednesday post market hours. Its net profit grew 14 per cent sequential...
Tech Mahindra Posts Profit of Rs 720 Crore in Q2
Oct 30, 2014 at 00:00 | Source:
Mumbai: Notwithstanding a healthy rise in revenue, Tech Mahindra on Wednesday reported a marginal growth in September quarter net profit at Rs 719.7 crore as foreign exchange losses impacted the bottom line. The Mahindra Group company had reported&am...
Dr. Reddy's Lab, Tech Mahindra, Sesa Sterlite in Focus Today
Oct 29, 2014 at 10:00 | Source:
The Nifty opened higher on Wednesday tracking positive global markets and futures trade on Singapore Stock Exchange. Both foreign and domestic investors turned net sellers of Indian equities on Tuesday. Foreign investors sold stocks worth Rs 108 cror...
Merger mantra to clear mess
Oct 22, 2014 at 05:02 | Source:
Calcutta Telegraph News
Mumbai, Oct. 21: The Union government today proposed that NSEL be merged with its holding company — Financial Technologies (India) Ltd. This brings a ray of hope to close to 13,000 investors who lost their money in the Rs 5,600-crore fraud at ...
Rating blow to Infy scrip
Oct 09, 2014 at 18:42 | Source:
Calcutta Telegraph News
Mumbai, Oct. 8: Shares of Infosys were battered today following a downgrade by foreign brokerage Citigroup. This comes at a time expectations are building up ahead of the company’s second-quarter results on Friday. Citi downgraded the stock to...
Tech Mahindra, Infosys Sink as IT Stocks Fall
Oct 08, 2014 at 14:00 | Source:
The IT sub-index on the Bombay Stock Exchange fell as much as 4 per cent on Wednesday amid profit taking and on the back of relative strength in the rupee, which has stayed in a broad range despite a global rally in the US dollar. Over the last three...
Tech Mahindra bags multi-million euro project from Ahlstrom
Sep 23, 2014 at 14:46 | Source:
NEW DELHI: Country's fifth largest software services major Tech Mahindra has bagged a multi-million euro agreement from Finnish firm Ahlstrom to manage its IT operations. Ahlstrom is a high performance fibre-based materials company with net sales fr...
Tech Mahindra aims to clock $ 5 billion revenues by FY17
Sep 19, 2014 at 17:50 | Source:
HYDERABAD: Tech Mahindra, India's fifth largest software services exporter, is on track to become a $ 5 billion dollar company by fiscal 2017, a top company executive said today. "So far as the business is concerned, it is good. Outlook is positive. ...
Tech Mahindra, Bosch tie-up for smart cities, home solutions
Sep 18, 2014 at 18:55 | Source:
NEW DELHI: Tech Mahindra today said it will work with Bosch Software Innovations to develop an ecosystem to offer solutions for smart cities with billions of things inter-connected via the Internet. Tech Mahindra Digital Enterprise Solutions group He...
Indian IT companies battle it out for Rs 11,000 crore deals in Australia
Sep 15, 2014 at 11:20 | Source:
BANGALORE: Indian IT companies will be fiercely competing with MNCs for five big IT contracts in Australia valued at over A$2 billion (Rs 11,000 crore). Infosys, Wipro, TCS and HCL Technologies are participating alongside IBM, HP and Capgemini in re...
TechM prop for job seekers
Sep 10, 2014 at 06:07 | Source:
Calcutta Telegraph News
Calcutta, Sept. 9: Tech Mahindra today launched its Saral Rozgar job cards in Bengal to enable workers in the unorganised sector to connect with prospective employers over a digital platform. The move can create around 15,000 job openings in the sta...
Tech Mahindra, Info Edge, Maruti Suzuki in Focus Today
Sep 05, 2014 at 10:00 | Source:
The Nifty is likely to open flat on Friday as indicated by futures trade on Singapore Stock Exchange. Foreign investors continued to be net buyers of Indian equities with increased momentum as they have bought shares worth Rs 1,698 crore on Thursday....
Tech Mahindra Wins Engineering Solutions Deal from Bombardier
Sep 04, 2014 at 22:00 | Source:
New Delhi: IT services firm Tech Mahindra today said it has secured an engineering solutions deal with Canadian aerospace and transportation company Bombardier. Financial details of the contract were not disclosed. In a statement today, Tech Mahindra...
Tech Mahindra wins engineering solutions deal from Bombardier
Sep 04, 2014 at 21:31 | Source:
NEW DELHI: IT services firm Tech Mahindra today said it has secured an engineering solutions deal with Canadian aerospace and transportation company Bombardier. Financial details of the contract were not disclosed. In a statement today, Tech Mahindra...
Over 300 stocks touch 52-week high as Sensex conquers 27,000 mark
Sep 02, 2014 at 20:12 | Source:
MUMBAI: Helped by a smart rise in the Sensex that surpassed the 27,000-mark for the first time, more than 300 stocks hit their one-year high level on the BSE today. As many as 323 stocks touched 52-week high in an overall robust stock market where th...
Mahindra did not anticipate legal hurdles after Satyam buy: Anand Mahindra
Aug 27, 2014 at 16:21 | Source:
NEW DELHI: Surprised by tax claims on its investments in scam-tainted Satyam Computers, Mahindra Group Chairman Anand Mahindra said he had not anticipated that the Group will be battling Indian government and tax authorities in court for its own mone...
Tech Mahindra in talks to acquire more firms: Anand Mahindra
Aug 26, 2014 at 15:45 | Source:
NEW DELHI: Country's fifth largest software services firm Tech Mahindra is in talks to acquire technology firms, both in India and overseas, to enhance competencies and geographic reach, its Chairman Anand Mahindra said. Mahindra, who is also the Ch...
Tech Mahindra expects $500 million in revenue from digital unit by 2015
Aug 26, 2014 at 13:00 | Source:
MUMBAI: Tech Mahindra expects its digital unit to contribute more than $500 million to revenue by 2015, as the company moves towards its goal of achieving a $5 billion top line by that time. The market for digital offerings is growing for IT service ...