Tech Mahindra Further Expands Footprint in Saudi Arabia
Jul 22, 2014 at 18:00 | Source:
Dubai: Tech Mahindra, a specialist provider of connected solutions, has signed a joint venture agreement with Midad Holding, a subsidiary of Al Fozan. Al Fozan is a pre-eminent group with diversified business interests in Saudi Arabia. Tech Mahindra ...
Sebi slaps 14-year ban on Raju
Jul 16, 2014 at 09:17 | Source:
Calcutta Telegraph News
Mumbai, July 15: B. Ramalinga Raju — India’s biggest corporate shyster — and four others were barred today from accessing the country’s capital markets for 14 years and directed to return with interest Rs 1,849 crore worth of ...
Tech Mahindra to Set Up Canadian Aerospace Head Office in Montreal
Jul 16, 2014 at 08:00 | Source:
New Delhi: Toronto: Tech Mahindra Ltd said it plans to set up a new Canadian Aerospace head office in greater Montreal, a move that is likely to result in the creation of about 300 jobs over the next three years. The Indian engineering and informatio...
Tech Mahindra to Set Up Centre in Greater Montreal
Jul 15, 2014 at 19:59 | Source:
New Delhi: IT firm Tech Mahindra today said it will set up a new office in Greater Montreal, Canada, a move that will help create about 300 jobs over the next three years, mainly in the aerospace industry. The announcement was made at the 2014&nb...
Tech Mahindra in Saudi JV, to Provide Connected Solutions
Jul 14, 2014 at 14:00 | Source:
Dubai: Midad Holding, a subsidiary of Al Fozan has signed a joint venture (JV) agreement with Tech Mahindra, the company has said. Al Fozan is a leading group with diversified business interests in Saudi Arabia. The JV to be called Tech Mahindra Arab...
Tech Mahindra Inks Pact in Dubai to Support Smart City Initiative
Jul 07, 2014 at 00:00 | Source:
Dubai: IT major Tech Mahindra has signed a memorandum of understanding (MoU) with the Dubai Economic Council (DEC) for providing innovative IT solutions to help the city achieve the status of 'smart city'. The DEC seeks to benefit fro...
Tech Mahindra Forms Joint Venture With Saudi Arabia's Midad Holding
Jul 03, 2014 at 08:00 | Source:
New Delhi: Tech Mahindra on Wednesday said it has formed a joint venture with Midad Holding to provide IT and ITeS solutions in Saudi Arabia. The joint venture will be called Tech Mahindra Arabia and Midad will hold a 51 per cent stake in it. The ...
Spotlight back on pharmaceuticals, IT stocks as rupee falters
Jun 28, 2014 at 12:37 | Source:
MUMBAI: Investors have turned to defensive stocks such as technology and pharmaceuticals from cyclical and financial services as geopolitical tension in Iraq and a poor monsoon loom over India, threatening to undermine Prime Minister Narendra Modi's ...
Court to fix date for Satyam verdict on June 26
Jun 23, 2014 at 14:52 | Source:
HYDERABAD: A special court trying the case of multi-crore rupee accounting fraud in erstwhile Satyam Computer Services Limited (SCSL) today said it will pronounce the date of judgement on June 26. Special judge BVLN Chakravarti of XXI court of Additi...
Date for multi-crore Satyam scam verdict to be announced on 26 June
Jun 23, 2014 at 13:29 | Source:
Hyderabad: A special court trying the case of multi-crore rupee accounting fraud in erstwhile Satyam Computer Services Limited (SCSL) today said it will pronounce the date of judgement on 26 June.Special judge B V L N Chakravarti of XXI court of Addi...
Satyam fraud case verdict date may be fixed tomorrow
Jun 22, 2014 at 17:52 | Source:
HYDERABAD: Nearly five-and-half-years after the multi-crore accounting fraud surfaced in erstwhile Satyam Computer Services Limited, a special court set up to try the sensational case is likely to fix tomorrow the date for pronouncement of the much-...
Mahindra Mahindra Q4 profit rises marginally to Rs 897 crore
May 30, 2014 at 16:17 | Source:
MUMBAI: Mahindra & Mahindra today 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 889.19 crore during the same period of 2012-13. Net sales on a s...
Sapience in talks to raise up to $10 million to fund US expansion
May 20, 2014 at 04:52 | Source:
NEW DELHI: Sapience Analytics has entered into negotiations to raise up to $10 million (Rs 59 crore) in equity funding, as the Pune-based enterprise software company prepares to establish its footprint in developed markets, particularly the United S...
No Modi magic seen in IT stocks; Infosys, TCS, Wipro fall over 2 per cent
May 16, 2014 at 12:21 | Source:
MUMBAI: Shares of IT companies are witnessing profit booking even as the rest of the market is rejoicing the lead of BJP-led NDA in the 16th Lok Sabha elections. The major reason for the underperformance of IT stocks is the strong appreciation in th...
Sensex under pressure, Nifty slips below 7100; top 20 trading bets
May 15, 2014 at 12:51 | Source:
NEW DELHI: The S&P BSE Sensex pared gains of over 150 points and turned negative in afternoon trade on Thursday, led by losses in ICICI Bank, HDFC Bank, L&T, TCS and Infosys. Tracking the momentum, the 50-share Nifty index also came under pressure a...
Sensex off from highs, Nifty tests 7100; top ten stocks in focus
May 15, 2014 at 10:51 | Source:
NEW DELHI: After rallying over 100 points in trade on Thursday, the S&P BSE Sensex pared some of the gains in mid-morning trade, but the index was still trading with a positive bias. Tracking the momentum, the 50-share Nifty index which managed to r...
TechM net dips 3%
May 15, 2014 at 04:37 | Source:
Calcutta Telegraph News
Mumbai, May 14: Tech Mahindra — the country’s fifth largest IT services company — today reported a 3.6 per cent decline in consolidated net profit for the fourth quarter ended March. The company posted a net profit of Rs 614.2 cror...