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  • Margin to rise ahead but currency may impact growth: TechM

    CP Gurnani, MD & CEO expects headwinds in the second half of the year, but is positive of performing better than peers.

  • IT industry to grow 11-11.5% over next 5 yrs: Tech Mahindra

    IT industry to grow 11-11.5% over next 5 yrs: Tech Mahindra

    C P Gurnani, MD & CEO of Tech Mahindra is confident that the IT industry will achieve 11-11.5 percent compounded annual growth rate (CAGR) over the next five years and will meet its 2020 revenue target of USD 225 billion.

  • Ease of doing business slowly improving in India: M&M

    Ease of doing business slowly improving in India: M&M

    Mahindra and Mahindra Group CFO and CIO VS Parthasarathy says India is on the right track on ease of doing business and says things are slowly improving.

  • Have technology, recall for payment bank: Tech Mahindra

    Have technology, recall for payment bank: Tech Mahindra

    Over the next two three quarters, Vineet Nayyar Executive Vice Chairman expects the company to gain back its margins.

  • 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 Mah's FY16 margin likely to fall 150 bps: ICICI Direct

    Tech Mah's FY16 margin likely to fall 150 bps: ICICI Direct

    Speaking to CNBC-TV18, Abhishek Shindadkar, IT Analyst, ICICI Direct says the profit warning was anticipated as the company had said in their Q4 earnings that first half of this year will be moderate given there was weakness in the telecom and the enterprise.

  • Stable cotton prices will aid exports: Indo Count Ind

    Stable cotton prices will aid exports: Indo Count Ind

    Speaking to CNBC-TV18 Kailash Lalpuria, ED, Indo Count Industries says that stable cotton prices will be helpful for the company's exports in US and the other developed nation markets like European Economic Communities (EEC), UK, Melbourne, Australia and Canada.

  • Digital business to grow fastest  in future: Tech Mahindra

    Digital business to grow fastest in future: Tech Mahindra

    In an interview to CNBC-TV18, management of Tech Mahindra discusses company's performance in the fourth quarter.

  • Cautiously optimistic on FY16 growth; bullish on LCC: TechM

    Cautiously optimistic on FY16 growth; bullish on LCC: TechM

    Vineet Nayyar, executive vice chairman, Tech Mahindra, says the company's focus right now will be on making all prior acquired companies grow at healthy rates.

  • 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.

  • Here's what experts make of Tech Mahindra-LCC deal

    Here's what experts make of Tech Mahindra-LCC deal

    Experts feel investors should be comforted as far as margin pressure is concerned over the medium term, especially with the cash outflow that they are looking at.

  • Confident of improving margins ahead: Tech Mahindra

    Confident of improving margins ahead: Tech Mahindra

    The Tech Mahindra management said it was confident of its growth outlook going forward. “When you have logged performance like this in the last 12 months, we think good about the future and we think we will be able to deliver on a similar trajectory,” MD and CEO CP Gurnani said.

  • Montreal key to bagging Bombardier deal: Tech Mahindra

    Montreal key to bagging Bombardier deal: Tech Mahindra

    Tech Mahindra and Bombardier have signed a mutual agreement that will lead Tech Mahindra to work with Bombardier globally, with which, the firm is set to hire 1,200 people in Canada in the engineering vertical.

  • No where close to any deal with FT: Tech Mahindra

    No where close to any deal with FT: Tech Mahindra

    Sources say that the Tech Mahindra might be looking at aquiring promoter‘s stake in FT. However, Nayyar refused to comment on the matter saying "it would be too premature to speculate about FT".

  • WhatsApp captured SMS biz from telcos: Tech Mahindra

    WhatsApp captured SMS biz from telcos: Tech Mahindra

    M&A is an area Tech Mahindra is looking at in terms of its 2015 goal but at the same time organic growing is also very important for the company, says Amitava Roy

  • Growth in IT spends won't be dramatic: Tech Mahindra

    Growth in IT spends won't be dramatic: Tech Mahindra

    Nasscom had estimated 12-14 percent growth for the Indian software services industry in FY14, and it aimed to achieve revenue of USD 300 billion for the IT industry by 2020.

  • 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.

  • Weak rupee to benefit only in short-term: Tech Mahindra

    Weak rupee to benefit only in short-term: Tech Mahindra

    Tech Mahindra is hopeful of benefitting from the weak rupee for 1-2 quarters. However, inflationary pressure will push up domestic costs and overall postive impact will be less, Vineet Nayyar, vice chairman of Tech Mahindra says.

  • Expect FY14 to be better than FY13: Tech Mahindra

    Expect FY14 to be better than FY13: Tech Mahindra

    CP Gurnani, MD & CEO, Tech Mahindra expects this year to be better than the two previous years.

  • Will complete Tech Mah, Satyam merger in 8 weeks: Nayyar

    Will complete Tech Mah, Satyam merger in 8 weeks: Nayyar

    Vineet Nayyar the chairman of Mahindra Satyam aims to complete the merger of its company with Tech Mahindra in eight weeks following a clearance for amalgamation from Andra Pradesh High Court

  • Insatiable demand for data has driven earnings: Nayyar

    Insatiable demand for data has driven earnings: Nayyar

    Tech Mahindra has posted good Q4 numbers, with revenue for the fourth quarter up 6.5% to Rs 1,907 crore, and profit growth at 36.8%. The management says the need for telecom has grown and diversified and a number of devices are in the market, creating an insatiable demand for data.

  • Selling by Gurnani to pay for fringe benefit tax: Tech Mah

    Selling by Gurnani to pay for fringe benefit tax: Tech Mah

    In an interview to CNBC-TV18, Vineet Nayyar, Vice Chairman of Tech Mahindra talked much delayed merger of Mahindra Satyam with Tech Mahindra. He informed that almost every process has been completed, barring some litigations by 13 Ramalinga Raju companies.

  • Merger not pushed by 6-months, waiting for HC nod: Tech Mah

    Merger not pushed by 6-months, waiting for HC nod: Tech Mah

    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.

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