News for 'Tech Mahindra'

Tech Mahindra Q4 net profit up 16% to Rs 1,353.8 cr; revenue climbs 12.6%

Tech Mahindra Q4 net profit up 16% to Rs 1,353.8 cr; revenue climbs 12.6%

Rediff.com22 Apr 2026

IT firm Tech Mahindra announced a 16 per cent increase in its consolidated net profit to Rs 1,353.8 crore for the January-March quarter of FY26, with revenue from operations rising 12.6 per cent to Rs 15,076.1 crore, driven by an accelerated transition to an AI-led organisation and record deal wins.

Tech Mahindra profit down 4.5%, sees limited impact from H-1B visa fees

Tech Mahindra profit down 4.5%, sees limited impact from H-1B visa fees

Rediff.com15 Oct 2025

Tech Mahindra's net profit declined 4.5 per cent to 1,195 crore in the September quarter over a year earlier. It was, however, slightly higher than 1,141 crore sequentially.

Tech Mahindra jumps over 12% in opening trade

Tech Mahindra jumps over 12% in opening trade

Rediff.com26 Apr 2024

IT services company's CEO outlined an ambitious three-year roadmap to accelerate revenue growth and lift margins.

Mahindra & Mahindra Reports Robust Q4 Profit Growth, Outlines Ambitious Expansion Plans

Mahindra & Mahindra Reports Robust Q4 Profit Growth, Outlines Ambitious Expansion Plans

Rediff.com15 hours ago

Mahindra & Mahindra Ltd reported a significant 48.5 per cent jump in consolidated profit after tax to Rs 5,259.91 crore in the March quarter, primarily attributed to strong performance in its auto and farm sectors, alongside ambitious plans for new SUV and EV launches.

Stock Markets Today: Sensex, Nifty rebound in early trade, supported by DII buying and Asian markets

Stock Markets Today: Sensex, Nifty rebound in early trade, supported by DII buying and Asian markets

Rediff.com7 days ago

Indian equity benchmark indices Sensex and Nifty rebounded in early trade, driven by buying in blue-chip stocks and a positive trend in Asian markets, with domestic institutional investors providing crucial support.

Geopolitical Tensions, Rupee at Record Low Weigh on Market Sentiment

Geopolitical Tensions, Rupee at Record Low Weigh on Market Sentiment

Rediff.com17 hours ago

Indian benchmark indices Sensex and Nifty experienced a decline due to renewed geopolitical concerns in the Strait of Hormuz, a strained US-Iran ceasefire, and the rupee hitting a record low against the US dollar.

Indian Equities Bounce Back: Sensex Jumps 639 Pts, Nifty Up 194 Pts

Indian Equities Bounce Back: Sensex Jumps 639 Pts, Nifty Up 194 Pts

Rediff.com27 Apr 2026

Indian benchmark stock indices Sensex and Nifty rebounded nearly 1 per cent, snapping a three-day decline, driven by rallies in Reliance Industries and Sun Pharma, alongside positive global market trends and easing geopolitical tensions.

Stock markets today: Sensex, Nifty50 fall in early trade dragged by IT firms

Stock markets today: Sensex, Nifty50 fall in early trade dragged by IT firms

Rediff.com22 Apr 2026

Indian benchmark equity indices, Sensex and Nifty, experienced a decline in early trade, ending a three-day rally, primarily due to heavy selling in IT stocks and concerns over prolonged instability in West Asia.

Mahindra Satyam merges with Tech Mahindra

Mahindra Satyam merges with Tech Mahindra

Rediff.com25 Jun 2013

The Mumbai-headquartered company now has an employee strength of 84,000 serving 540 clients across 46 countries. Its revenues are at $2:7 billion.

Indian Markets Extend Losses as Crude Oil Breaches $100 Amid US-Iran Standoff

Indian Markets Extend Losses as Crude Oil Breaches $100 Amid US-Iran Standoff

Rediff.com23 Apr 2026

Indian stock markets experienced a second consecutive day of losses, with the Sensex tumbling 852 points, as crude oil prices surpassed USD 100 per barrel due to stalled US-Iran negotiations and escalating geopolitical tensions in West Asia.

Tech Mahindra eyeing Satyam

Tech Mahindra eyeing Satyam

Rediff.com7 Jan 2009

Software company Tech Mahindra said it may evaluate the telecom business of the Satyam Computer Services for acquisition.

Stock Markets Today: Sensex, Nifty50 in Red as Oil Price Surge above $120 per Barrel

Stock Markets Today: Sensex, Nifty50 in Red as Oil Price Surge above $120 per Barrel

Rediff.com6 days ago

Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, driven by a sharp surge in crude oil prices above USD 120 per barrel, weak global market trends, and continued foreign fund outflows.

Stock Markets Today: Sensex, Nifty50 Rally as US-Iran Tensions Ease

Stock Markets Today: Sensex, Nifty50 Rally as US-Iran Tensions Ease

Rediff.com16 Apr 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty50 and BSE Sensex performance and key global triggers.

Stock Markets Today: Sensex, Nifty50 Dive as Oil Prices Surge, Foreign Funds Exit

Stock Markets Today: Sensex, Nifty50 Dive as Oil Prices Surge, Foreign Funds Exit

Rediff.com24 Apr 2026

Indian benchmark indices Sensex and Nifty experienced a significant tumble in early trade, driven by surging global oil prices, continuous outflows by Foreign Institutional Investors (FIIs), and persistent geopolitical uncertainties, particularly in West Asia.

Tech Mahindra buys Hutchison Global Services

Tech Mahindra buys Hutchison Global Services

Rediff.com4 Sep 2012

The acquisition will provide significant enhancement of Tech Mahindra's expertise in the customer management space and will be a key component of strategic plans going forward.

HCL Technologies Shares in Focus After Q4 Miss; Analysts Flag Weak FY27 Outlook

HCL Technologies Shares in Focus After Q4 Miss; Analysts Flag Weak FY27 Outlook

Rediff.com22 Apr 2026

HCL Technologies remains under pressure after missing Q4 expectations and issuing cautious FY27 guidance. Analysts highlight weak margins, soft demand, and muted growth outlook.

Tech Mahindra gets cracking on Satyam

Tech Mahindra gets cracking on Satyam

Rediff.com9 Apr 2009

"Tech Mahindra is way too dependent on one sector, telecom, and one client," said an analyst. Satyam will not only give it access to different business verticals but also key clients. But Tech Mahindra have been concerned over the recent client loss Satyam has witnessed. Another big concern is the liabilities Satyam will have to face due to the 13 US class-action suits, the unresolved Upaid case, as well as lack of clarity on client and employee details.

Sensex Down 757 Points on Heavy Selling in IT Shares

Sensex Down 757 Points on Heavy Selling in IT Shares

Rediff.com22 Apr 2026

Indian benchmark equity indices, Sensex and Nifty, snapped a three-day rally, tumbling nearly 1 per cent due to heavy selling in IT stocks, a jump in crude oil prices, foreign fund outflows, and fears of prolonged instability in West Asia.

Tech Mahindra's journey with Satyam so far

Tech Mahindra's journey with Satyam so far

Rediff.com10 Apr 2015

After taking over scam-hit Satyam, Techn Mahindra has made many structural changes in the latter to turn it around.

BT to stay invested in Tech Mahindra

BT to stay invested in Tech Mahindra

Rediff.com5 Jul 2011

There were speculations that BT may exit in view of likely merger of Mahindra Satyam and Tech Mahindra.

Tech Mahindra wins bid for Satyam

Tech Mahindra wins bid for Satyam

Rediff.com13 Apr 2009

According to sources, engineering major L&T had also put in its bid to acquire control of the Hyderabad-based company, while Cognizant has not put in a bid.

Stock markets today: Sensex, Nifty50 rebound as US-Iran negotiations progress, easing oil price fears

Stock markets today: Sensex, Nifty50 rebound as US-Iran negotiations progress, easing oil price fears

Rediff.com1 hour ago

Indian benchmark indices, Sensex and Nifty, saw a significant rebound in early trade, driven by a decline in crude oil prices. This drop followed US President Donald Trump's announcement of progress in negotiations with Iran towards an agreement to end the war, leading to a temporary pause in 'Project Freedom' to escort ships through the Strait of Hormuz. Track Nifty 50 and BSE Sensex performance and key global triggers.

Tech Mahindra completes Satyam stake acquisition

Tech Mahindra completes Satyam stake acquisition

Rediff.com5 May 2009

IT firm Satyam Computer on Tuesday said its new owner Tech Mahindra has completed the process for acquiring 31 per cent stake in the company.

Anand Mahindra on plans for Tech Mahindra

Anand Mahindra on plans for Tech Mahindra

Rediff.com30 Aug 2006

usiness with British Telecom will grow, but the proportion will come down

Tech Mahindra plans hub in Chandigarh

Tech Mahindra plans hub in Chandigarh

Rediff.com15 Nov 2007

Leading telecommunications service provider Tech Mahindra will invest Rs 200 crore (Rs 2 billion) to set up a software development centre in Chandigarh.

Tech Mahindra readies for big leap

Tech Mahindra readies for big leap

Rediff.com12 Jul 2013

The company has put in place a new team to scout for opportunities in new verticals and geographies in order to double revenue in two years.

Sensex, Nifty Recover to Close Higher Amidst Rupee Rebound

Sensex, Nifty Recover to Close Higher Amidst Rupee Rebound

Rediff.com2 Apr 2026

Indian stock markets recovered from early losses to close higher, driven by value buying in IT and banking shares and a rebound in the rupee.

Tech Mahindra IPO: Should you subscribe?

Tech Mahindra IPO: Should you subscribe?

Rediff.com1 Aug 2006

Tech Mahindra IPO is worth subscribing as it is attractively priced

Sensex, Nifty Extend Losses as Surging Oil Prices and IT Sell-off Hit Markets

Sensex, Nifty Extend Losses as Surging Oil Prices and IT Sell-off Hit Markets

Rediff.com24 Apr 2026

Indian equity benchmark indices Sensex and Nifty tumbled over 1 per cent for the third consecutive day, driven by a sharp rally in crude oil prices, massive selling in IT stocks, and unabated foreign fund outflows amid ongoing geopolitical tensions in the Middle East.

Why Tech Mahindra has a bright outlook

Why Tech Mahindra has a bright outlook

Rediff.com26 Jun 2013

While the company will gain from enhanced scale and size following the merger with Mahindra Satyam, its ability to bag large deals will be a key growth driver.

Stock Markets Today: Sensex, Nifty50 Tumble as Brent Crude Breaches $100

Stock Markets Today: Sensex, Nifty50 Tumble as Brent Crude Breaches $100

Rediff.com23 Apr 2026

Indian equities on Dalal Street saw volatility as global market trends and oil price hike impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for Apr 23, 2026.

Markets rally over 1% as US-Iran peace talks hopes drive crude oil below $100

Markets rally over 1% as US-Iran peace talks hopes drive crude oil below $100

Rediff.com15 Apr 2026

Indian benchmark stock indices, Sensex and Nifty, surged over 1 per cent, driven by optimism surrounding potential US-Iran peace talks and a significant drop in crude oil prices below the USD 100 per barrel mark. This de-escalation in geopolitical concerns and easing inflation pressures provided a substantial boost to investor sentiment.

Nokia, Tech Mahindra ink pact for 5G-based solutions

Nokia, Tech Mahindra ink pact for 5G-based solutions

Rediff.com12 Jan 2022

Finnish telecom gear maker Nokia and Tech Mahindra have joined hands to deploy 5G-based solutions for business organisations, according to a joint statement by the two companies. Under the collaboration, Tech Mahindra will leverage Nokia's private wireless DAC (digital automation cloud) solution for customers across industries and facilitate in automating 5G private wireless network management on a cloud computing system and enabling them deploy internet of things like technology.

Indian Equities Rebound as FMCG, Auto Shares Advance Amid Earnings Optimism

Indian Equities Rebound as FMCG, Auto Shares Advance Amid Earnings Optimism

Rediff.com6 days ago

Indian equity benchmarks Sensex and Nifty surged nearly 1 per cent, driven by strong earnings reports from FMCG and auto sectors, alongside a rally in Asian markets and signs of de-escalation in geopolitical tensions.

Stock Market Today: Sensex, Nifty50 Fall as Oil Price Surge and West Asia Conflict

Stock Market Today: Sensex, Nifty50 Fall as Oil Price Surge and West Asia Conflict

Rediff.com7 Apr 2026

Indian stock market indices Sensex and Nifty experienced a decline in early trade due to surging crude oil prices and ongoing geopolitical uncertainty in West Asia. Foreign fund outflows further contributed to the negative sentiment.

Stock Markets Rally: Sensex Climbs 500 Pts Amid Easing Geopolitical Tensions

Stock Markets Rally: Sensex Climbs 500 Pts Amid Easing Geopolitical Tensions

Rediff.com17 Apr 2026

Indian benchmark indices Sensex and Nifty rallied nearly 1 per cent, driven by optimism over easing geopolitical tensions in the Middle East and fresh foreign fund inflows, with the Sensex gaining over 500 points.

Sensex Jumps 919 Points as Financial Stocks Lead Market Rebound

Sensex Jumps 919 Points as Financial Stocks Lead Market Rebound

Rediff.com10 Apr 2026

Indian benchmark indices Sensex and Nifty surged over 1 per cent, with the Sensex jumping 918.60 points, driven by strong buying in banking and financial counters and a positive trend in global equities, fuelled by hopes of easing West Asia tensions.

Tech Mahindra directors join Satyam board

Tech Mahindra directors join Satyam board

Rediff.com27 May 2009

Four nominee directors of Tech Mahindra, including its chief executive officer Vineet Nayyar, on Wednesday joined the board of the embattled IT firm Satyam Computer.

Satyam: Tech Mahindra's people challenge

Satyam: Tech Mahindra's people challenge

Rediff.com16 Apr 2009

Satyam's revenue per employee is low, but manpower rationalisation can solve only part of the problem, says Shyamal Majumdar.

Tech Mahindra seeks transfer of Satyam SEZs

Tech Mahindra seeks transfer of Satyam SEZs

Rediff.com21 Aug 2013

According to a department notification, Tech Mahindra has approached the Board of Approvals under the Department of Commerce for transferring rights of three SEZs (one in Tamil Nadu and two in Andhra Pradesh) and the proposal will come up for a discussion before the BoA on August 30.