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Tech Mahindra Q4 net profit dips 3.6% to Rs 614.2 cr

Last Updated: Wednesday, May 14, 2014, 18:35

India's fifth largest IT services firm Tech Mahindra said its consolidated net profit declined 3.6 percent to Rs 614.2 crore for the quarter ended March 31, 2014.

US Immigration Reform Bill a step in right direction: Nayyar

Last Updated: Friday, September 20, 2013, 22:49

The proposed US Immigration Reform Bill will be a step in the right direction, Tech Mahindra's Executive Vice-chairman Vineet Nayyar said Friday.

Mahindra to consider IT acquisitions, but not to bulk up: Nayyar

Last Updated: Wednesday, January 30, 2013, 14:19

Business conglomerate Mahindras will consider possible acquisitions in IT space within and outside India after merger of Tech Mahindra and Mahindra Satyam, but only if they bring strategic value on table and not for the purpose of just 'bulking up' the business, a architect of the group's technology strategy Vineet Nayyar has said.

Former customers coming backs to us, says Mahindra Satyam

Last Updated: Wednesday, August 15, 2012, 11:37

Satisfied with its three-year transformation journey from the once scam-hit Satyam Computer, Mahindra Satyam has said the customers who had left it during uncertain times are returning back to its fold.

Tech Mah, MSat merger to be complete after HC hearings: Nayyar

Last Updated: Thursday, August 09, 2012, 22:55

The Mahindra Group bought Satyam in a government-sponsored sale in 2009 after the founder of the Hyderabad-based company admitted to one of the largest accounting frauds.

Tech Mahindra-Satyam aims to cap operating margin for investment

Last Updated: Wednesday, March 28, 2012, 12:50

The company formed by the merger of Tech Mahindra Ltd and Satyam Computer Services Ltd is aiming to cap operating profit margin in a band of 17 percent-19 percent over the next two years, as it invests to capture a greater share of the global outsourcing market.

Mahindra Satyam opens new delivery center in Netherlands

Last Updated: Monday, August 22, 2011, 20:52

Consulting and IT services provider, Mahindra Satyam has announced the inauguration of its nearshore delivery center in Eindhoven, Netherlands. Vineet Nayyar, Chairman, Mahindra Satyam, officially inaugurated the center, on August 18, 2011. The inauguration ceremony was also graced by Mayor of Eindhoven, Mr Rob van Gijzel.