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  • Anand Mahindra reacts to Vineet Nayyar's death: 'You will always live on in our hearts'

    Mahindra Group Chairman Anand Mahindra reacted to the news of Vineet Nayyar's death on Thursday, saying he was most grateful to him for his vision to establish the Mahindra University.

  • Industry mourns the loss of former Tech Mahindra vice chair Vineet Nayyar who passed away at 85

    Industry mourns the loss of former Tech Mahindra vice chair Vineet Nayyar who passed away at 85

    Nayyar was at the helm of Tech Mahindra during the crucial buyout of Satyam by Mahindra and oversaw the subsequent merger.

  • Rupee getting strong but IT industry can face the challenge; AI major concern: Tech M

    Rupee getting strong but IT industry can face the challenge; AI major concern: Tech M

    The best performing currency is the Indian rupee trading at 16-month high and Vineet Nayyar of Tech Mahindra says it is a cause of concern but IT industry is resilient to manage this.

  • Only 4% of employees on H1B Visa; Bill not a big hit on co:TechM

    Only 4% of employees on H1B Visa; Bill not a big hit on co:TechM

    Nayyar is of the opinion that everyone acts for their self-interests, and, this move may not be in the interest of US companies. So its approval for now seems difficult.

  • Why H1B visa reform Bill spells bad news for Indian IT cos

    Why H1B visa reform Bill spells bad news for Indian IT cos

    The Protect and Grow American Jobs Act reintroduced on Thursday proposes to raise the minimum salary of H1B visa aspirants to USD 1 lakh per annum from the current USD 60,000. Besides, the proposed US immigration reforms seeks to make a Masters degree mandatory for H1B visa holders.

  • Top exec says Trump's bark worse than his bite

    Top exec says Trump's bark worse than his bite

    It is difficult to predict which way US President-elect Donald Trump will move in terms of policy but his 'bark is worse than his bite' and it is unlikely that Trump will make those fundamental changes that everyone expects, said Vineet Nayyar, VC of Tech Mahindra.

  • Land, labour reforms key for manufacturing boost: Pawan Munjal

    Land, labour reforms key for manufacturing boost: Pawan Munjal

    Confident that the next 25 years will belong to India, Hero MotoCorp Chairman Pawan Munjal today said land and labour reforms are "very important" to boost the country's manufacturing sector.

  • Brexit will create uncertainty but may not hit IT cos much: Pros

    Brexit will create uncertainty but may not hit IT cos much: Pros

    Vineet Nayyar, Executive Vice Chairman of Tech Mahindra feels Brexit cannot be fully blamed for Infosys losing out on the Royal Bank of Scotland (RBS) deal. The only thing that can hit technology right now is better technology, he says.

  • Will offset Brexit margin hit in due time: Tech Mahindra

    Will offset Brexit margin hit in due time: Tech Mahindra

    Vineet Nayyar, Vice Chairman of the company, said Brexit won't impact Tech Mahindra's performance in the long-term.

  • Tech Mahindra Q1 profit falls 9.5%, EBIT margin slips sharply

    Tech Mahindra Q1 profit falls 9.5%, EBIT margin slips sharply

    Revenue grew by 0.5 percent quarter-on-quarter to Rs 6,921 crore and dollar revenue rose 0.87 percent to USD 1,031.5 million in the quarter gone by.

  • Brexit may not have a significant impact on IT cos: TechM

    Brexit may not have a significant impact on IT cos: TechM

    Vineet Nayyar, Executive VC, Tech Mahindra does not see a significant impact on Indian IT companies. According to him the sterling may fall but it will have only a marginal impact for them. He said, they keep facing these kind of currency problems time and again.

  • Co to have management control over Pininfarina: Tech Mah

    Co to have management control over Pininfarina: Tech Mah

    Mahindra and Mahindra and Tech Mahindra to jointly acquire Italian car design company Pininfarina. Both the companies will first form a special purpose vehicle (SPV) and together will acquire 76.06 percent stake in the company.

  • Taking steps to improve margins at acquired cos: Tech Mah

    Taking steps to improve margins at acquired cos: Tech Mah

    In an interview with CNBC-TV18, Tech Mahindra vice chairman Vineet Nayyar and CEO CP Gurnani spoke about the company's earnings, state of business and outlook going forward.

  • Tech Mahindra Q1 net up 43% on other income, $ rev in line

    Tech Mahindra Q1 net up 43% on other income, $ rev in line

    Revenue increased by 2.9 percent quarter-on-quarter to Rs 6,293.8 crore and dollar revenue rose half a percent to USD 989 million in the quarter.

  • Tech Mahindra ties with Comverse, to make center in Israel

    Tech Mahindra ties with Comverse, to make center in Israel

    The venture into Israel by Tech Mahindra, which is part of the USD 16.5 billion Mahindra conglomerate, is the latest sign of booming ties between the countries since Indian Prime Minister Narendra Modi came to power last year.

  • Vineet Nayyar sells shares worth Rs 9.5 cr in Tech Mahindra

    Vineet Nayyar sells shares worth Rs 9.5 cr in Tech Mahindra

    Nayyar sold a total of 1,50,000 shares of the company yesterday on the NSE in two tranches for Rs 9,47,07,858.75, the Mumbai-based firm said in a BSE filing.

  • Weak euro, falling crude good for growth: Tech Mahindra

    Weak euro, falling crude good for growth: Tech Mahindra

    Tech Mahindra management was upbeat about the road ahead and reiterated that they were on track to achieve their USD 5 dollar revenue target. Vineet Nayyar, Executive VC and CP Gurnani, MD & CEO spoke exclusively to CNBC-TV18‘s Kritika Saxena.

  • Mgmts need to adapt to fundamental sector changes: Tech Mah

    Mgmts need to adapt to fundamental sector changes: Tech Mah

    Vineet Nayyar, executive vice chairman, Tech Mahindra, says there is increased automation in the industry to reduce the labour-intensive nature of the work and managements will have to need to work to adapt these changes.

  • Tech Mahindra Q2 profit jumps 14%, $ revenue rises 5.2%

    Tech Mahindra Q2 profit jumps 14%, $ revenue rises 5.2%

    Consolidated total income from operations grew by 7.2 percent to Rs 5,488 crore in the quarter ended September 2014 compared to Rs 5,122 crore in June quarter while dollar revenue climbed 5.2 percent quarter-on-quarter to USD 900 million in the quarter gone by.

  • IT head honchos speak at NASSCOM Leadership Summit

    IT head honchos speak at NASSCOM Leadership Summit

    Take a look at what IT leaders have to say on the sector and their outlook for the days to come.

  • Tech Mahindra Q3 net profit up 38% on exceptional gain

    Tech Mahindra Q3 net profit up 38% on exceptional gain

    Net profit increased to Rs 1,001 crore from Rs 718.4 crore including exceptional gains. After excluding that, net profit stood at Rs 663.22 crore for the quarter.

  • Deal pipeline better; will do well in 2014: Tech Mahindra

    Deal pipeline better; will do well in 2014: Tech Mahindra

    Vineet Nayyar, Vice Chairman of Tech Mahindra expects Mahindra Engineering Services (MES) merger to play a big role in growth going forward.

  • Expansion of margins likely to be tough now: Tech Mah

    Expansion of margins likely to be tough now: Tech Mah

    On the guidance for Q3, CP Gurnani, managing director and chief executive officer, Tech Mahindra says the quarter will be slower owing to the various number of holidays in Europe and US.

  • Don't fancy rupee fall, benefits only temporarily: Tech Mah

    Don't fancy rupee fall, benefits only temporarily: Tech Mah

    In an interview to CNBC-TV18, Vineet Nayyar, executive vice chairman, Tech Mahindra explains that despite gaining from the currency depreciation, it is only a marginal benefit that they accrue. The company gets only a 35-40 paise gain on every depreciated rupee.

  • Mahindra Satyam to announce merger details today: Sources

    Mahindra Satyam to announce merger details today: Sources

    CNBC-TV18 learns from sources that both the companies have begun restructuring post the Andhra Pradesh High Court (HC) approval for the merger.

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