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    • Sensex sizzles as 26 stocks trade above their 200-day moving average November 28, 2022 09:21 AM IST

      Sensex sizzles as 26 stocks trade above their 200-day moving average

      The rising Index, with a high number of constituents participating, confirms a bullish trend and sustainability of the Index at higher levels, say some experts. However, one fund manager says the data hides more than it reveals, given that the returns so far have been abysmal.

    • What is ailing Tech Mahindra despite a decent March quarter? May 27, 2022 03:30 PM IST

      What is ailing Tech Mahindra despite a decent March quarter?

      The stock is down close to 40 percent from its 52-week high of Rs 1,838

    • Tech Mahindra Q4 consolidated PAT rises 10% QoQ to Rs 1,506 crore May 13, 2022 04:27 PM IST

      Tech Mahindra Q4 consolidated PAT rises 10% QoQ to Rs 1,506 crore

      The board of the company has also recommended a final dividend of Rs 15 per share for the financial year ended March 31, 2022.

    • Tech Mahindra Q4 Preview | Profit may grow 30% and revenue 24% May 13, 2022 11:32 AM IST

      Tech Mahindra Q4 Preview | Profit may grow 30% and revenue 24%

      Experts expect the rise in employee attrition and travel costs to impact EBITDA margins, which are likely to shrink by around 235 bps on year and 35 bps on quarter to 17.6 percent

    • IT Q4 preview: Companies ride demand momentum; market share gains expected but supply-side headwinds to remain April 06, 2022 03:58 PM IST

      IT Q4 preview: Companies ride demand momentum; market share gains expected but supply-side headwinds to remain

      Supply-side challenges around high attrition, higher-than-usual pay increases for offshore employees and resumption of some discretionary spending like that on business travel will weigh on margins in the fourth quarter

    • Not a happy new year: IT stocks off to worst start in 14 years, is it time to buy? February 08, 2022 02:04 PM IST

      Not a happy new year: IT stocks off to worst start in 14 years, is it time to buy?

      The Nifty IT has fallen more than 11 percent in 2022, as investors turn pessimistic over the sustainability of the sector’s rich valuations amid the possibility of a sharp increase in interest rates at home and abroad

    • Tech Mahindra Q3 result | Consolidated net profit rises 2.2% QoQ to Rs 1,368.5 crore February 01, 2022 07:31 PM IST

      Tech Mahindra Q3 result | Consolidated net profit rises 2.2% QoQ to Rs 1,368.5 crore

      Tech Mahindra Q3 result | The IT company reported a 5.2 percent sequential rise in consolidated revenues of Rs 11,451 crore.

    • Jitters over Tech Mahindra's acquisition spree? January 18, 2022 07:10 PM IST

      Jitters over Tech Mahindra's acquisition spree?

      The IT services company has made 10 acquisitions in the first ten months of the current financial year at a cash outlay of nearly $900 million.

    • Market Headstart: Nifty likely to open flat; 3 stocks which could give 8-12% return January 01, 2019 08:54 AM IST

      Market Headstart: Nifty likely to open flat; 3 stocks which could give 8-12% return

      Nifty futures on the Singaporean Exchange indicate a flat start to indices here. The index futures were trading at 10,922.5, up 1 point on the SGX.

    • Podcast | Stock picks of the day: Accumulate long positions in Nifty with stop loss of 10,600 January 01, 2019 11:03 AM IST

      Podcast | Stock picks of the day: Accumulate long positions in Nifty with stop loss of 10,600

      Considering the technical and derivative evidence, we believe that, short-term trend in the Nifty is still bullish and one should remain optimistic for the market for the coming days.

    • A morning walk down Dalal Street | Low volumes likely, but watch out for auto sales data, macro numbers January 01, 2019 07:05 AM IST

      A morning walk down Dalal Street | Low volumes likely, but watch out for auto sales data, macro numbers

      As we step into the New Year, analysts expect low volumes during the week, as worldwide financial markets will remain closed on Tuesday on account of a New Year day.

    • Tech Mahindra to set up Blockchain centre within R&D arm July 04, 2018 09:23 PM IST

      Tech Mahindra to set up Blockchain centre within R&D arm

      Tech Mahindra recently announced a partnership with ChromaWay to deliver blockchain technology to the Indian market. "ChromaWay is a Stockholm-based company which has been pioneering blockchain solutions in the public and private sector since 2014," the statement said.

    • Mahindra Satyam looking for more acquisitions abroad July 05, 2012 08:24 PM IST

      Mahindra Satyam looking for more acquisitions abroad

      After successfully acquiring the international operations of a US-based BPO firm and picking up minority stake in an Indian software firm, Mahindra Satyam has said it is looking at acquisitions in South and Central America and Eastern Europe.

    • Merged Tech Mahindra, Satyam may hire 10,000 new staff April 10, 2012 01:45 PM IST

      Merged Tech Mahindra, Satyam may hire 10,000 new staff

      The combined entity resulting from the merger of Tech Mahindra Ltd and Satyam Computer Services Ltd may hire as many as 10,000 new employees in the current fiscal year, said Vineet Nayyar, CEO of Tech Mahindra.