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Tech Mahindra shares surge nearly 5% on robust earnings

Last Updated: Wednesday, February 05, 2014, 14:08

Shares of IT firm Tech Mahindra on Wednesday rose by nearly 5 percent after the company posted an over three-fold jump in consolidated net profit in the quarter ended December.

Tech Mahindra Q3 Net surges over three-fold to Rs 1,009.8 cr

Last Updated: Tuesday, February 04, 2014, 19:06

IT firm Tech Mahindra Tuesday posted an over three-fold jump in consolidated net profit to Rs 1,009.8 crore in the quarter ended December, on growth in telecom, financial and manufacturing sectors.

Mahindra Engineering Services, Tech Mahindra deal gets CCI nod

Last Updated: Thursday, January 09, 2014, 22:54

The proposed merger of Mahindra Engineering Services with Tech Mahindra has received green signal from the Competition Commission.

TechM turns to digital signatures to counter fake hiring scams

Last Updated: Sunday, January 05, 2014, 14:23

IT firm Tech Mahindra is now turning to digital signatures to help job seekers distinguish genuine offer letters from the fake ones and not fall prey to fraudsters.

Tech Mahindra launches Global Center of Excellence with HP

Last Updated: Tuesday, December 10, 2013, 18:35

"At the CoE we are in the process of creating innovative service offerings in areas such as tools consulting and implementations to an integrated managed services delivery platform," it said.

Mahindra Engineering Services to merge with Tech Mahindra

Last Updated: Friday, November 29, 2013, 12:15

Software services major Tech Mahindra on Friday said it will merge Mahindra Engineering Services (MES) with itself, a move aimed at tapping global opportunities in aerospace and automotive verticals.

MSCI adds Tech Mahindra, Yes Bank, Nestle; removes four companies

Last Updated: Friday, November 08, 2013, 14:15

The MSCI (Morgan Stanley Capital International) India index will see the addition of three companies, including Tech Mahindra and Yes Bank, while four entities would be dropped with effect from November 26, 2013.

Tech Mahindra shares surge to 6-1/2 year high on results

Last Updated: Friday, November 08, 2013, 10:39

Tech Mahindra shares rose more than 5 percent on Friday to its highest since May 2007 after the company's July-September earnings beat some analysts' estimates.

Tech Mahindra September quarter Net up 57.6% at Rs 718.4 cr

Last Updated: Thursday, November 07, 2013, 22:06

IT services firm Tech Mahindra Thursday posted a 57.6 percent growth in consolidated net profit at Rs 718.4 crore for the second quarter ended September 30, aided by growth across verticals especially retail, travel and logistics and uptick in demand from Europe.

IT stocks in demand as Cognizant ups revenue guidance for 2013

Last Updated: Wednesday, November 06, 2013, 19:55

IT stocks Wednesday rose by as much as 3.4 percent after Cognizant posted 15.4 percent jump in net profit for the third quarter ended September 30, 2013 and revised its full year revenue target.

Tech Mahindra, Bosch Software join hands

Last Updated: Tuesday, October 22, 2013, 19:35

Technology solutions provider Tech Mahindra and Bosch Software Innovations have entered into a global strategic business partnership to primarily focus on global manufacturing and transportation industry.

FIIs investment limit in Tech Mahindra raised to 45 percent

Last Updated: Saturday, October 12, 2013, 00:10

This limit has been revised from earlier limit of 35 percent of the paid up capital of the company under Portfolio Investment Scheme.