Kulkarni has been serving the company as its senior vice president for finance till now and will take charge as the new CFO with immediate effect, the firm said in a filing to the BSE.
A long-planned merger between Tech Mahindra Ltd and Satyam Computer Services has been delayed by an additional six months that is up to September 30.
Tech Mahindra today reported third quarter results beating street expectations on almost all count. Net profit fell nearly 7 percent quarter-on-quarter to Rs 275.8 crore but beat analysts' estimates.
Tech Mahindra's Vineet Nayyar, VC, MD & CEO; Sonjoy Anand, the CFO and Amitava Roy, the COO say that despite the challenging global environment, the company has managed to deliver a satisfactory third quarter.
Wage hikes and poor BT revenues lead to a disappointing 13% fall in profits to Rs 240 crore for Tech Mahindra, India’s 5th largest IT exporter.
CNBC-TV18’s Kritika Saxena caught up with the company’s vice chairman, managing director and CEO, Vineet Nayyar and CFO Sonjoy Anand on their outlook for FY12 and the Mahindra Satyam - Tech Mahindra merger timeline.