While these firms are witnessing a business shift - clients investing on digital and cloud services that require people onsite as against traditional IT services that can be delivered offshore, anti-immigration policies of the US government is deterring
As more businesses use digital technologies like artificial intelligence, internet of things (IoT), IT services contracts will change from long-term to pay-as-you-use model, says Atul Kunwar, chief technology officer, Tech Mahindra.
Stating that Tech Mahindra has a bias towards using cash for acquisition rather than buyback, its Chief Executive Officer (CEO) C P Gurnani said the company will focus on bottomline and is also willing to sacrifice on revenue growth for it.
Nifty Current: 8,102 (fut: 8,136) Target: NAStop-loss long positions at 8,065. Stop-loss short positions 8,205. Big moves could go till 7,980, 8,275. A long 8,000p (71), short 7,900p (49) could gain 10-15 if the
An employee sits at the front desk inside Tech Mahindra office building in Noida on the outskirts of New DelhiTech Mahindra, the fifth largest IT services provider, unveiled a new strategy for its network services business, this not only reiterated the
A majority of stakeholders have reiterated only licensed players should be allowed to offer Wi-Fi services at public places while many have proposed that availability of unlicensed spectrum should be increased to promote such services.
The first quarter numbers of Tech manhindra, India’s fifth largest Information technology (IT) services provider were in line with estimates but its margins disappointed due to high visa costs and the cyclical nature of its business.
The government’s plan to promote BPO/ITeS operations in rural areas has drawn a poor response from companies. Bids for only about 12,000 seats have been received from 61 companies against the planned 48,300 seats.
Tech Mahindra, India's sixth largest IT services player, today announced that it has been selected by Department of Motor Vehicles (DMV) of the State of Nevada to be the prime system integrator for the System Modernization or “SysMod&" project
Tech Mahindra, India’s sixth-largest IT (information technology) services and solutions company, on Friday announced it had entered into an agreement to acquire Target Group as it strengthens its presence in the BFSI (banking, financial services,
An employee sits at the front desk inside Tech Mahindra office building in Noida on the outskirts of New DelhiTech Mahindra has become the third entity to announce it was surrendering its payments bank licence.
Tech Mahindra has rallied 14% to Rs 548 on the BSE in early morning trade, after the company reported a better-than-expected 18% quarter-on-quarter growth in consolidated net profit at Rs 897 crore for the quarter ended March, 2016 (Q4FY16).
With improving growth in communications and manufacturing businesses as well as with profitability of LCC (a company acquired recently) expected to scale up, Tech Mahindra's margins are expected to improve.