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Tech Mahindra

Tech Mahindra introduces K2, AI-powered humanoid Human Resource

Tech Mahindra’s first HR humanoid was introduced in its Hyderabad campus, earlier this month.

Jun 25, 2019, 10:58 AM IST

Tech Mahindra inks deal with Airbus for cabin, cargo design engineering

Karthikeyan Natarajan, global head of engineering and IoT at Tech Mahindra, said the partnership will strengthen the company's aerospace engineering portfolio, especially in areas like cabin engineering and customer services.

Jun 21, 2019, 11:45 AM IST

Tech Mahindra, Rakuten to set up 5G labs in Tokyo, Bengaluru

The announcement comes on the sidelines of Prime Minister Narendra Modi’s visit to Japan and meeting with Prime Minister Shinzo Abe to further strengthen Indo-Japan business ties.

Oct 29, 2018, 17:58 PM IST

Tech Mahindra sacks executive after ex-employee complains of discrimination

Tech Mahindra has sacked the employee, who had been accused by a former employee of harassing and discriminating against him on grounds of sexual orientation, according to a tweet by the IT major.

Sep 16, 2018, 20:14 PM IST

Tech Mahindra quarterly profit surges

Analysts on average had expected a profit of 7.18 billion rupees, according to Thomson Reuters Eikon data.

Nov 01, 2017, 17:25 PM IST

Tech Mahindra shares jump over 7% after Q1 earnings

The scrip after making a positive opening further gained 7.43 per cent to Rs 413.90 on the BSE. On the NSE, it surged 7.26 percent to Rs 413.90.

Aug 01, 2017, 13:00 PM IST

Mahindra group to pump in $1 billion in US over next 5 years

The Mumbai-headquartered group, which currently employs around 3,000 people in the country, also plans to double the headcount over the next five years as it looks to expand operations.

Jul 16, 2017, 16:05 PM IST

IT stocks continue to see selling pressure, down up to 3.6%

IT stocks continued to witness selling pressure for the second straight session Thursday, falling by up to 3.6 percent amid rising concerns as the sector is facing challenges on multiple fronts including stricter visa regime in key markets.

Jun 08, 2017, 18:03 PM IST

Tech Mahindra leads as global engineering R&D services provider

Software major Tech Mahindra has been recognised as a global engineering and R&D services provider based on the comprehensive assessment of its `Design to Build Engineering` capabilities by management consulting firm Zinnov, the company said on Sunday.

Jun 04, 2017, 16:45 PM IST

Reports of job losses overstated, to hire 20K this year: Infosys

IT services major Infosys on Friday said it will hire 20,000 people this year as against only 400 people being asked to leave on performance grounds and termed reports of large-scale job losses as "overstated".

Jun 02, 2017, 18:05 PM IST

FITE petitions Labour Commissioner over Tech Mahindra layoff

FITE has requested the Maharashtra Labour Commissioner to order Tech Mahindra to stop illegal removals of IT employees immediately, and establish conciliation between the management and staff.

May 31, 2017, 13:12 PM IST

Layoffs rile India's flagship IT sector, tough times likely to continue

IT outsourcing has long been one of India`s flagship industries but experts say automation, a failure to keep up with new technologies and US President Donald Trump`s clampdown on visas is creating industry-wide upheaval.

May 31, 2017, 11:48 AM IST

Tech Mahindra Q4 net profit drops 31% to Rs 588 crore

IT company Tech Mahindra on Friday reported a 31 percent decline in its consolidated net profit to Rs 588 crore for the three months to March 2017.

May 26, 2017, 19:03 PM IST

Layoffs in Indian IT may continue for 1-2 years: Experts

As digitisation and automation become the new normal, IT biggies like Infosys, Cognizant and Tech Mahindra are seeing a spate of layoffs and this trend may continue for the next 1-2 years, say experts.

May 14, 2017, 12:27 PM IST

No mass layoffs; workforce realignment happens every year: Nasscom

Stating that the reports of mass layoffs were incorrect, it said workforce realignment, linked to performance appraisal processes, is a regular feature every year.

May 12, 2017, 22:17 PM IST

After Infosys and Wipro, now Tech Mahindra looks to lay off hundreds on 'performance' ground

After Infosys and Wipro, it's now IT firm Tech Mahindra that could hand out pink slips to hundreds of employees as it looks to "weed out bottom performers".

May 10, 2017, 23:57 PM IST

Tech Mahindra to market Huawei enterprise products globally

Under this partnership, Tech Mahindra would take Huawei`s enterprise products and services and build solutions around various platforms and solutions of Tech Mahindra.

Mar 17, 2017, 15:57 PM IST

NSDL hopes to launch payments bank by May

NSDL on Wednesday said it has applied to the Reserve Bank for the final licence for its payments bank and is aiming to launch the entity by May.

Mar 15, 2017, 18:28 PM IST

Trump effect: Tech Mahindra suspends appraisal cycle for senior employees

The Indian IT industry facing headwinds of uncertainty triggered by H1B visa issues and rising costs appears to have started showing visible signs. 

Feb 06, 2017, 13:19 PM IST

Indian IT stocks slump over proposed H-1B visa reform bill

Indian IT stocks tumbled during the mid-afternoon trade session on Tuesday as the US government introduced a proposed visa reform bill in the US House of Representatives.

Jan 31, 2017, 17:08 PM IST