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Tech Mahindra

Jagdish Mitra, CSO & Head of Growth, Tech Mahindra

'We Have Started Investing In 6G’: Tech Mahindra CSO On AI, Layoffs, CP Gurnani’s Exit And More

In an exclusive interaction with Outlook Business, Jagdish Mitra, chief strategy officer (CSO) and head of growth, Tech Mahindra, elaborates on the company’s walk towards 6G and metaverse, the FY24 outlook, CP Gurnani’s...

24 March 2023

Tech Mahindra

Tech Mahindra To Invest Rs 700 Crore In Products And Platforms Division In Two Years

Speaking to investors earlier in the day, its chief financial officer Rohit Anand said the company will be focusing on organic growth, margin expansion and driving portfolio synergies in the future

03 March 2023

 Tech Mahindra Q3 Profit Falls To Rs 1,297 Crore

Tech Mahindra Q3 Profit Falls To Rs 1,297 Crore

The company had registered profit after tax of Rs 1,378.2 crore in the year-ago period

30 January 2023

Mohit Joshi

Tech Mahindra Shares Jump Up As Ex-Infosys Veteran Set To Join As CEO

Joshi resigned from his previous position of president of Infosys after working there for 22 years

13 March 2023

tech mahindra

Tech Mahindra Expects $7 Billion Revenue Run Rate This Fiscal, $3 Billion From Telecom Biz

Tech Mahindra Managing Director and Chief Executive Officer CP Gurnani told PTI that the company has hit a run rate of $1 billion (about Rs 8,300 crore), from 5G solutions that it provides to telecom companies

27 February 2023

Exports

Netherlands Emerging As Key Export Destination For India Amid Jump In Shipments Of Petro Products

The Netherlands has taken over major destinations such as the UK, Hong Kong, Bangladesh and Germany, according to data of the commerce ministry

29 January 2023

Tech Mahindra

Infosys’ Mohit Joshi Joins Tech Mahindra As MD And CEO

Infosys President Mohit Joshi, who resigned from the company, has been appointed as Managing Director and Chief Executive Officer (CEO) of Tech Mahindra

11 March 2023

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Tech Mahindra CEO CP Gurnani

Tech Mahindra's CP Gurnani Looks To Transition From Captain To Coach Post Retirement

Gurnani said that the succession plan will be finalised by the committee as per the corporate governance norms of the company

19 January 2023

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15 December 2022
Airtel Deploys Captive Private Network At Mahindra's Chakan Unit In Partnership With TechM

Airtel Deploys Captive Private Network At Mahindra's Chakan Unit In Partnership With TechM

This deployment makes Mahindra's facility India's first 5G-enabled auto manufacturing unit


02 November 2022
Tech Mahindra CEO Comes In Support Of Side Gigs Amid Moonlighting Row

Tech Mahindra CEO Comes In Support Of Side Gigs Amid Moonlighting Row

The CEO reportedly clarified that at present, the company has no policy that allows moonlighting or lets its employees take up two jobs without prior...


19 October 2022
Tech Mahindra To Hire 3,000 People In Gujarat Over Next Five Years

Tech Mahindra To Hire 3,000 People In Gujarat Over Next Five Years

It signed a Memorandum of Understanding (MoU) with the Government of Gujarat under its IT/ITeS (IT enabled services) policy on Tuesday


12 September 2022
Sensex Rises 322 Points To Close Above 60,000 Mark; Nifty Settles Above 17,900

Sensex Rises 322 Points To Close Above 60,000 Mark; Nifty Settles Above 17,900

The broader NSE Nifty spurted by 103 points or 0.58 per cent to settle at 17,936.35 points, with 36 of its constituents ending with gains


01 September 2022
Indian IT Companies Brace Themselves As US Fed Warns Of Rate Hikes To Curb Inflation

Indian IT Companies Brace Themselves As US Fed Warns Of Rate Hikes To Curb Inflation

The rate hikes could spell bad news for the Indian IT companies which earn a large chunk of their revenue from companies in the US


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17 August 2022
Equity Investors Richer By Over Rs 7.41 Lakh Crore In Four Trading Sessions

Equity Investors Richer By Over Rs 7.41 Lakh Crore In Four Trading Sessions

Mirroring the rally in equities, the market capitalization of BSE-listed firms jumped Rs 7,41,534.44 crore to Rs 2,79,85,821.38 crore in the four trading days


17 August 2022
Sensex Surges Above 400 Points; Settles Above 60,000 Mark

Sensex Surges Above 400 Points; Settles Above 60,000 Mark

The 30-share BSE index jumped 417.92 points or 0.70 per cent to settle at 60,260.13. During the day, it climbed 481.04 points to 60,323.25


09 August 2022
Tech Mahindra Acquires Its Two South African Joint Ventures For Rs 30 Crore

Tech Mahindra Acquires Its Two South African Joint Ventures For Rs 30 Crore

Tech Mahindra has acquired stake on immediate basis in these two companies in cash transaction amounting to 62 million South African Rand or about Rs 29.69...


28 July 2022
Google Street View Is Now Available In Ten Indian Cities

Google Street View Is Now Available In Ten Indian Cities

According to media reports, at present, the feature is available on Google Maps but only in Bangalore on a pilot basis


27 July 2022
Google Maps Launches Street View In India

Google Maps Launches Street View In India

The government had previously not allowed showing of panoramic images of roads and other sites for security reasons


26 July 2022
Zipmex Looks To Raise $50 Million, Tech Mahindra Takes Up 60 Metaverse Projects

Zipmex Looks To Raise $50 Million, Tech Mahindra Takes Up 60 Metaverse Projects

Troubled crypto exchange Zipmex aims to raise $50 million. Tech Mahindra says it's working on 60 metaverse projects globally. Meanwhile, BTC fell 4 per cent...


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25 July 2022
Tech Mahindra Net Profit Falls 16% To Rs 1,132 Crore In June Quarter

Tech Mahindra Net Profit Falls 16% To Rs 1,132 Crore In June Quarter

For the reporting quarter, its revenue grew 24.6 per cent to Rs 12,708 crore as against Rs 10,198 crore in the year-ago period


23 July 2022
Tech Mahindra, Mahindra University To Set Up Lab For Metaverse, Quantum Computing

Tech Mahindra, Mahindra University To Set Up Lab For Metaverse, Quantum Computing

Tech Mahindra already has 10 Makers Lab across the world and the new unit at Mahindra University will be the 11th facility globally and second in Hyderabad


18 July 2022
Sensex, Nifty Climb Over 1% Amid Firm Global Market Trends

Sensex, Nifty Climb Over 1% Amid Firm Global Market Trends

Rising for a second straight session, the 30-share BSE Sensex rallied 760.37 points or 1.41 per cent to settle at 54,521.15. During the day, it jumped 795.88...


30 June 2022
Corporate Salary Hike: Tech Mahindra CEO Joins Peers, Salary Hiked By 189% In FY22

Corporate Salary Hike: Tech Mahindra CEO Joins Peers, Salary Hiked By 189% In FY22

Among Gurnani's peers, TCS chief Rajesh Gopinathan saw a 26 per cent rise in his compensation to Rs 25.75 crore in FY22, while Infosys' Salil Parekh witnessed...


24 June 2022
Why Tech Mahindra, Wipro & Other IT Stocks Are Destroying Investor Wealth

Why Tech Mahindra, Wipro & Other IT Stocks Are Destroying Investor Wealth

Since the beginning of this year, IT shares have witnessed a sharp correction owing to expensive valuation and margin contraction concerns


24 June 2022
Senses Rises By 426 Points, Nifty Touches 15,699

Senses Rises By 426 Points, Nifty Touches 15,699

The 30-share BSE Sensex advanced further by 462.26 points or 0.88 per cent to settle at 52,727.98. During the day, it rallied 644.15 points, or 1.23 per cent...


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