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Internet of Things An Indian Perspective

Jan 21, 2015 at 14:52 | Source: FirstPost

By Ajith Sankaran IoT is moving from hype to reality, even though consumer use cases are limitedInternet of Things (IoT) is one of the most talked about technology trends today. There is a broad consensus among technology vendors, analysts a...

TechM to acquire Swiss firm

Jan 10, 2015 at 04:27 | Source: Calcutta Telegraph News

Mumbai, Jan. 9: Tech Mahindra today said it would acquire consulting and services company SOFGEN Holdings for an undisclosed sum. The acquisition is expected to strengthen the core banking expertise of the country’s fifth-largest IT services f...

HC rejects ED's plea challenging Tech Mahindra attachment case order

Jan 06, 2015 at 16:39 | Source: FirstPost

Hyderabad: In a relief to IT firm Tech Mahindra, the High Court of Judicature here dismissed a petition filed by Enforcement Directorate (ED) challenging the court's earlier decision of issuing stay orders on agency's attachment of fixed deposit wort...

Monkey's guide to stock investing in 2015: 3 random-pick portfolios

Jan 01, 2015 at 09:45 | Source: FirstPost

If your mutual fund manager, despite a bull market for much of 2014, has let you down, take heart. Sometimes, it needs luck as much as pluck to beat the indices.Or you could try random investing by throwing darts at a decent list of stocks from any ...

Monkey's guide to stock investing in 2015: Three random-pick portfolios

Dec 31, 2014 at 17:06 | Source: FirstPost

If your mutual fund manager, despite a bull market for much of 2014, has let you down, take heart. Sometimes, it needs luck as much as pluck to beat the indices.Or you could try random investing by throwing darts at a decent list of stocks from any ...

Telangana launches dedicated healthcare app

Dec 23, 2014 at 02:15 | Source: FirstPost

Hyderabad, Dec 22 (IANS) The Telangana government Monday launched a dedicated healthcare app in a move to empower citizens with convenient access to healthcare.The app for the ministry of health and family welfare is powered by Mahindra Comviva, a su...

TechM in $240m US buy

Nov 21, 2014 at 12:17 | Source: Calcutta Telegraph News

Calcutta, Nov. 20: Software services company Tech Mahindra Ltd will buy Virginia-based global network services provider Lightbridge Communications Corporation (LCC) in an all-cash deal of around $240 million (over Rs 1,486 crore). The deal will help...

Tech Mahindra to acquire US-based network solutions firm Lightbridge for $240M

Nov 20, 2014 at 20:00 | Source: VC Circle

Information technology and software services provider Tech Mahindra Ltd has signed a definitive agreement to acquire US-based global network services provider Lightbridge Communications Corporation (LCC) for $240 million, as per a stock market&nb...

Tech Mahindra to Buy US-Based Network Services Operator for $240 Million

Nov 20, 2014 at 20:00 | Source: NDTV Profit

Software services company Tech Mahindra Ltd said it would buy Virginia-based network services operator Lightbridge Communications Corp for $240 million to boost its presence in the United States. The acquisition, expected to close by the fourth quart...

6 years later: Verdict on Raju, 9 other Satyam scam accused on 23 December

Oct 31, 2014 at 08:14 | Source: FirstPost

Hyderabad: A special court here will pronounce its verdict on December 23 in the accounting fraud in the erstwhile Satyam Computer Services Limited, nearly six years after the the multi-crore rupee scam jolted corporate India.Special judge BVLN Chakr...

Tech Mahindra Gains 4% on Q2

Oct 30, 2014 at 10:00 | Source: NDTV Profit

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: NDTV Profit

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: NDTV Profit

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: NDTV Profit

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: Economic Times

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: Economic Times

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: Economic Times

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: Economic Times

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...

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