Moneycontrol PRO

business

Exceptional costs accounts to over Rs 500cr: Tech Mahindra

Speaking exclusively to CNBC TV18, Vineet Nayyar, the vice-chairman and Sonjay Anand, CFO of the IT major say the company’s total exceptional costs accounted to “USD 125 million, which is over Rs 500 crore” in the fourth quarter.

first published: May 26, 2011 07:36 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347