The model will be able to provide personalised guidance to students for various subjects in their preferred Indian languages.
Tech Mahindra’s quarterly large deals order book grew from $345 million at the start of Q1 to $745 million at the end of the December quarter, Joshi said
He hailed Tech Mahindra's 3-year roadmap for achieving profitable growth, covering every aspect of the organisation.
Tech Mahindra CEO and MD, Joshi, said that the turnaround will be happening in phases based on the fiscal year
By FY27, Tech Mahindra has set a goal to expand EBIT margin to 15 percent and have higher topline growth as compared to peer average of top six-seven IT services players.
This comes at a time when businesses across the globe are increasingly adopting generative artificial intelligence to improve productivity and efficiency and reduce costs
Analysts at Nomura shared a 'buy' call for Tech Mahindra, with a target price of Rs 1,470 saying that the Q3 financials were above estimates on growth front
CEO Mohit Joshi details three-track strategy to turnaround the IT services giant’s business
Rajashree, a TCS veteran with nearly 20 years of experience with the company, stepped down from the CMO role in 2023, following which she continued to work as a vice president at TCS
Wishing Mohit Joshi good luck in his new role as the CEO and MD of Tech Mahindra, Anand Mahindra said, 'I hope you will find both fulfillment and joy in living up to those responsibilities.'
Dubey had previously also been a global marketing head with Infosys, making him yet another Infosys veteran being hired by Tech Mahindra's CEO designate Mohit Joshi in a leadership role.
An Infosys veteran, Lobo is currently an HR consultant and strategic advisor at embattled edtech unicorn BYJU’s. He was Tech Mahindra CEO-designate Mohit Joshi's colleague at Infosys.
The new structure will have a vertical-wise focus for delivery instead of Tech Mahindra’s previous geography-focused structure.
Outgoing CEO CP Gurnani said these were the most difficult two quarters in his career. He acknowledged that he misjudged market timing for offerings like 5G as customers started cutting down tech spend.
Soneja, a former senior executive at CitiusTech and Infosys, joined the company after another former Infosys president Mohit Joshi joined Tech Mahindra as CEO and MD designate
Tech Mahindra’s net profit in Q1 was down by 38% QoQ, order book declined 39%
Tech Mahindra's Q1 order book declined over 39 percent QoQ to $359 million from $592 million in the previous quarter due to weakness of the CME segment.
Tech Mahindra's attrition rate dropped to 13 percent from 15 percent in Q4. The firm has been seeing a drop in attrition rate since the first quarter of fiscal year 2023
Mohit Joshi is set to become the new MD and CEO of Tech Mahindra. Here is what we know about the St Stephen's graduate who spent over 22 years at Infosys before quitting to join the Mahindra Group.
CP Gurnani has been at Tech Mahindra’s helm since 2012, and steps down on retirement on December 19 this year once he turns 65.
Joshi takes over the CEO’s position on December 20, after current CEO CP Gurnani retires on December 19.
The roles of Ravi Kumar S, who exited the company in October last year, were primarily split between Sathish HC and Dinesh Rao
Ravi Kumar and Mohit Joshi, Cognizant CEO and Tech Mahindra's incoming chief, respectively, were both considered candidates to lead Infosys in the future.
The company has to shed its over-reliance on the telecom and enterprise businesses, and capture large cost takeout deals, said analysts.
The CEO role is not exactly new for Mohit Joshi, who was once appointed as the CEO of Infosys Mexico in 2007 and was instrumental in setting up the IT services behemoth’s first subsidiary in Latin America.