Tech Mahindra: News
Tech Mahindra's Q1 net profit soars 34% to ₹1,141 crore
Tech Mahindra has posted a stellar performance for the first quarter of FY26, with its net profit soaring 34% year-on-year.
Indian IT firms shifting to AI—focusing on integration, not invention
India's leading IT companies are transforming into artificial intelligence (AI)-native firms, prioritizing high-margin applications and integration over capital-intensive foundational research.
Tech Mahindra executive stays detained in Qatar, family demands answers
Amit Gupta, an Indian techie working with Tech Mahindra in Kuwait and Qatar, has been detained in Doha since January 1.
Who is Amit Gupta, Tech Mahindra employee detained in Qatar
Amit Gupta, a senior IT professional from Gujarat, has been held in Qatar for over three months now.
Nifty IT index enters bear market—What investors need to know
The Nifty IT index entered bear market territory on Wednesday, after a steep 4% fall to hit a 8-month low of 35,988 points.
Indian tech firms secure 20% of US H-1B visas: Report
Indian-origin tech companies have bagged nearly 20% of all H-1B visas issued by the US, a recent analysis of data from the US immigration department has found.
IT sector: CEO pay surges 160%, freshers see 4% growth
The pay of Chief Executives at India's top five IT firms has surged by a whopping 160% in the last five years, data analyzed by Moneycontrol revealed.
Sensex plunges over 900 points: What's behind today's market crash
The Indian stock market witnessed losses today, with the BSE Sensex and NSE Nifty both plummeting over 1%.
Tech firms, start-ups resume hiring after months of mass layoffs
After a hiring freeze of 12-18 months, Indian technology companies and start-ups are back on the lookout for talent.
Mahindra Group launches dedicated AI division to boost business operations
The Mahindra Group has established a dedicated artificial intelligence (AI) division, aimed at leveraging advanced technologies for the benefit of its various businesses.
Nifty scales new peak, crosses 24,650 mark: What's driving rally
The benchmark index Nifty soared past the 24,650 mark today, marking gains for the third consecutive session.
Sensex gains over 440 points, Nifty settles above 24,140 mark
On Monday, the stock market had a bearish opening but the benchmark Sensex and Nifty indices witnessed a surge.
Tech Mahindra rolls out multilingual AI model 'Project Indus'
Tech Mahindra has unveiled Project Indus, a large language model (LLM) capable of conversing in various Indic languages and dialects.
Sensex gains over 180 points, Nifty settles at 23,465 mark
On Friday, the benchmark Sensex and Nifty indices saw gains.
Sensex, Nifty close in red after touching record highs
On Monday, the stock market witnessed a slump after hitting record highs.
Sensex gains 1,600 points as Modi 3.0 government nears formation
On Friday, the stock market closed in the green as NDA announced to form the government.
Sensex climbs over 690 points, Nifty settles above 22,820 mark
On Thursday, the benchmark Sensex and Nifty indices saw gains.
Sensex falls over 600 points, Nifty settles below 22,500 mark
On Thursday, the stock market witnessed a downward trend as the Sensex and Nifty indices closed on a negative note.
Tech Mahindra partners with Fuji TV to produce content globally
Tech Mahindra has announced a strategic partnership with Japanese broadcaster Fuji TV.
Sensex slips over 600 points, Nifty settles below 22,420 mark
On Friday, the benchmark Sensex and Nifty indices were on a downward trend.
Tech Mahindra shares surge 10%: What driving the rally?
Tech Mahindra, a prominent IT firm in India, saw its share price surge by 10% during intraday trading to ₹1,309 per share.
Sensex crosses 74,200 mark, Nifty settles above 22,500
On Thursday, the benchmark Sensex and Nifty indices saw gains.
Sensex climbs to 71,822 points, Nifty settles above 21,840 mark
On Wednesday, the benchmark Sensex and Nifty indices opened in red but soon reversed the trend.
Sensex closes flat at 72,152 points, Nifty settles at 21,930
The stock market closed on a flat note on Wednesday with the Sensex settling at 72,084.1 points and Nifty ending at 21,930.5 points.
Tech Mahindra's revenue and profit decline for second straight quarter
Tech Mahindra Ltd. experienced a revenue and profit decline for the second quarter in a row, underscoring the slowdown in India's $245-billion IT services sector.
Here's how much Indian IT CEOs earned in FY23
Chief executive officers (CEOs) of Indian IT giants have always been paid handsomely.
Sensex loses 887 points, Nifty settles below 19,750 mark
On Friday, the benchmark Sensex and Nifty indices witnessed a slump.
Sensex gains 502 points, Nifty breaches 19,550 mark
On Friday, the benchmark Sensex and Nifty indices showed an upward trend.
Sensex and Nifty end flat: Check today's top gainers
On Tuesday, major indices of the stock market ended flat with the Sensex settling at 62,792.88 points and the Nifty closing at 18,599 points.
Sensex gains 240 points, Nifty settles near 18,600 mark
On Monday, the benchmark Sensex and Nifty indices showed an upward trend. The Sensex rose 0.38% to 62,787.47 points while the Nifty gained 0.32% to end at 18,593.85 points.
Explore India virtually: Google Street View now covers entire country
Google Maps Street View gives users a panoramic 360-degree view of different locations. The feature was banned in India due to security reasons.
Sensex gains 242 points, Nifty settles near 18,150 mark
On Tuesday, the benchmark Sensex and Nifty indices saw positive gains. While the Sensex rose 0.39% to 61,354.71 points, the Nifty jumped 0.46% to 18,147.65 points.
HCL Q3 results: Profit rises 19% year-over-year to Rs. 4,096cr
HCL Technologies has released its financial results for the current fiscal year's third quarter.
Freshers left in lurch as Wipro, Tech Mahindra delay onboarding
India's IT sector is in turmoil. The fear of recession in the US and European markets has caught Indian IT companies in a pickle.
Sensex closes at 56,415 points, Nifty settles at 16,818
The stock market on Thursday ended on a sluggish note as the Sensex settled at 56,415.17 points and the Nifty stood at 16,818.1 points.
Sensex slips to 59,934 points, Nifty settles at 17,877
On Thursday, the benchmark Sensex and Nifty indices witnessed a slump. While Sensex slipped 412.96 points, or 0.69%, to 59,934.01 points, the Nifty shed 126.35 points, or 0.71%, to 17,877.4.
Sensex falls by 224 points, Nifty holds around 18,000 mark
The stock market closed on a flat note on Wednesday with the Sensex index settling at 60,346.97 points and the Nifty 50 ending at 18,003.75 points.
Sensex climbs to 60,115 points, Nifty settles at 17,936
The benchmark Sensex and Nifty indices on Monday saw gains, marking a three-day winning streak. While the Sensex rose 0.54% to 60,115.13 points, the Nifty jumped 0.57% to 17,936.35 points.
Sensex gains 104 points, Nifty settles above 17,800 mark
On Friday, major indices of the stock market ended flat with the Sensex settling at 59,793.14 points and the Nifty closing at 17,833.35 points.
Google Street View returns to India; live in 10 cities
Roughly six years ago, Google's attempt to launch Street View in India was blocked by the government due to security concerns.
Sensex climbs 630 points, Nifty settles above 16,500
On Wednesday, the benchmark Sensex and Nifty indices witnessed a surge, extending their winning streak for the fourth day in a row. The Sensex jumped 1.14% to 55,397.53 points while the Nifty climbed 1.09% to 16,520.85 points.
WFH ends; What Cognizant, TCS, HCL, and others have planned
When the COVID-19 pandemic hit in 2020, work from home or WFH became a more common model for employees in the formal sector.
Sensex, Nifty soar to fresh lifetime highs
Equity benchmark Sensex surged 318 points to end at its new lifetime high on Thursday, tracking gains in ICICI Bank, L&T, and Tech Mahindra.
Sensex jumps over 200 points, Nifty tops 16,300
Equity benchmark Sensex jumped over 200 points in early trade on Monday, tracking gains in index majors Infosys, ITC, and HUL amid a positive trend in global markets.
Cognizant CEO plans downsizing; may cut jobs in October
Cognizant Technologies CEO Brian Humphries has disclosed that the US-based IT services firm would soon witness a slew of job cuts.
#CareerBytes: Top online courses to prepare for campus placements
Campus placement is one of the most important phases of a college student's academic journey.
Tech Mahindra, Microsoft to use blockchain technology against spam calls
In a bid to crack down on spam marketing calls and SMSes, Tech Mahindra, on Monday, announced a partnership with Microsoft that will use blockchain technology to fight the spam call menace.
Indian IT companies experience 43% drop in H-1B visa approvals
Top seven Indian IT companies experienced a whopping 43% drop in their H-1B visa approvals between 2015 and 2017, a US think-tank report has said.
Tech Mahindra bets big on 5G, sets-up lab in Bengaluru
Tech Mahindra has set up a lab in Bengaluru, in association with US chipmaker Intel as part of its preparedness for 5G services expected to be rolled out by 2019, said a top executive of the IT firm.
Where do Indians want to work?
India's working class is going a little bit out of the trodden path and opting for companies that didn't even exist ten years ago.
Nepali woman gangraped in Delhi
In another shocking incident of sexual assault, a Nepali mother of two was confined and gangraped by 5 BPO employees in a flat in Delhi's Pandav Nagar.
Tech Mahindra eyes higher revenues from digital analytics
Tech Mahindra's Chief Strategy and Marketing Officer, Jagdish Mitra, said that the company is looking to gain nearly 50% of its revenues from digital technology by 2020.
Top IT firms lose Rs.47,000 crore in market capital
India's top five IT firms saw a whopping Rs.40,000 crore loss in their market value during 8th Sep's trade.