News for 'Tech Mahindra'

Olympiad gold-medallist Vantika's next big move!

Olympiad gold-medallist Vantika's next big move!

Rediff.com12 Oct 2024

Vantika Agrawal, 21, is aiming to become a Grandmaster, which could happen as early as next year.

How Many Sensex Companies Bought Electoral Bonds?

How Many Sensex Companies Bought Electoral Bonds?

Rediff.com30 Mar 2024

Collectively, these companies spent Rs 628 crore (Rs 6.28 billion) on political contributions in the past five years, according to their annual reports.

Why 4,500 Indian IT Leaders Moved On

Why 4,500 Indian IT Leaders Moved On

Rediff.com18 Apr 2024

With the rush of growth after the pandemic slowing down, many leaders are moving to firms that may be smaller but are growing much faster and have the headroom to grow.

After breaching 75,000, Sensex settles 59 pts lower

After breaching 75,000, Sensex settles 59 pts lower

Rediff.com9 Apr 2024

From the Sensex basket, Titan, Reliance Industries, Asian Paints, Tech Mahindra, IndusInd Bank, UltraTech Cement, Wipro and ITC were the major laggards. ICICI Bank, Infosys, Bajaj Finserv, Tata Steel, Axis Bank, Bajaj Finance, Nestle and Mahindra & Mahindra were among the major gainers.

D-Street's thumbs up to Budget, markets close near record high

D-Street's thumbs up to Budget, markets close near record high

Rediff.com2 Feb 2024

Among the Sensex firms, Power Grid, NTPC, Tata Steel, Tata Consultancy Services, JSW Steel, Wipro, Infosys, Tech Mahindra, Reliance Industries and Bajaj Finance were the major gainers. Axis Bank, HDFC Bank, Hindustan Unilever, Larsen & Toubro and ITC were among the laggards.

How the markets will fare this week

How the markets will fare this week

Rediff.com21 Apr 2024

Worries related to the Iran-Israel conflict, quarterly earnings and foreign investors' trading activity are the key factors that would dictate stock markets this week, analysts said. Besides, trends in Brent crude oil and movement of the rupee against the dollar will also be crucial factors. This week will be crucial for the market amid ongoing worries about the conflict between Iran and Israel, said Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd.

TCS mcap crosses Rs 15 lakh crore as shares soar

TCS mcap crosses Rs 15 lakh crore as shares soar

Rediff.com6 Feb 2024

Shares of Tata Consultancy Services (TCS) jumped 4 per cent on Tuesday, taking its market valuation to above Rs 15 lakh crore mark. The stock of the country's second most valued firm by market valuation jumped 4.05 per cent to settle at Rs 4,133.45 apiece on the BSE. During the day, shares of the company climbed 4.45 per cent to Rs 4,149.75 -- its all-time high.

Profit-booking drags Sensex, Nifty down

Profit-booking drags Sensex, Nifty down

Rediff.com3 Apr 2024

Among the Sensex constituents, as many as 16 stocks closed with losses with Nestle India, Kotak Mahindra Bank, IndusInd Bank, Bajaj Finserve, Titan and JSW Steel being the major laggards. Index major Reliance, Hindustan Unilever, Maruti and Tata Steel also declined due to selling pressure. In contrast, NTPC, TCS, Tech Mahindra, Bajaj Finance bucked the trend and ended the day in green. Axis Bank, Bharti Airtel, Mahindra & Mahindra and Tata Motors also defied the trend.

Bulls prowl D-Street, Sensex jumps 742 points; Nifty ends at 19,675

Bulls prowl D-Street, Sensex jumps 742 points; Nifty ends at 19,675

Rediff.com15 Nov 2023

Among the Sensex firms, Tech Mahindra, Tata Motors, Infosys, Wipro, Tata Steel, Tata Consultancy Services, Reliance Industries and Axis Bank were the major gainers. Bajaj Finance, IndusInd Bank and Power Grid were the laggards.

Foreign fund outflows continue; Sensex ends up 33 pts

Foreign fund outflows continue; Sensex ends up 33 pts

Rediff.com8 Nov 2023

Among the Sensex firms, Asian Paints, Titan, Larsen & Toubro, JSW Steel, ITC, Hindustan Unilever, Maruti and Reliance Industries were the major gainers. ICICI Bank, NTPC, Infosys, Tech Mahindra, Tata Steel and Bajaj Finance were among the laggards.

'Aionos will bridge silos within aviation, hospitality using AI'

'Aionos will bridge silos within aviation, hospitality using AI'

Rediff.com24 Apr 2024

Industries such as aviation and hospitality have many silos within them and Aionos, the joint venture between Interglobe Enterprises (IGE) and Assago Group, is an attempt to bridge them and boost efficiencies using artificial intelligence (AI) solutions, Rahul Bhatia told Business Standard on Tuesday. Bhatia, the Group Managing Director of IGE, serves as the majority shareholder in India's largest airline, IndiGo. Additionally, IGE operates 21 hotels under the Ibis brand and runs a logistics company called Movin.

Stock markets rebound; Sensex jumps 490 points

Stock markets rebound; Sensex jumps 490 points

Rediff.com2 Nov 2023

Among the Sensex firms, IndusInd Bank, Tata Steel, Tata Motors, Sun Pharma, Infosys, Mahindra & Mahindra, Infosys, NTPC, Bharti Airtel, HCL Technologies and Axis Bank were the biggest gainers. Tech Mahindra and Bajaj Finance were the laggards.

Investors become richer by Rs 3.24 lakh cr as markets rally

Investors become richer by Rs 3.24 lakh cr as markets rally

Rediff.com4 Jan 2024

Investors' wealth grew by Rs 3.24 lakh crore on Thursday as the BSE Sensex jumped nearly 1 per cent after a two-day slide. The 30-share BSE Sensex jumped 490.97 points or 0.69 per cent to settle at 71,847.57. During the day, it rallied 598.19 points or 0.83 per cent to 71,954.79.

IT, auto stocks push Sensex over 500 points

IT, auto stocks push Sensex over 500 points

Rediff.com22 Feb 2024

In the Sensex pack, HCLTech rose the maximum by 3.12 per cent, followed by ITC which gained 2.73 per cent and M&M went up 2.61 per cent. TCS climbed 2.44 per cent. Tech Mahindra, Wipro, L&T and Maruti were among the other major gainers.

Healthcare to metals sectors: Finding the discount sweet spot in Nifty50

Healthcare to metals sectors: Finding the discount sweet spot in Nifty50

Rediff.com13 Nov 2023

This is the case even though the benchmark index is only 5 per cent below its all-time high. The list of stocks trading at a discount primarily consists companies in the automotive, banking, oil and gas, insurance, healthcare, and metal sectors.

From a record high, Sensex sinks by 931 points at close

From a record high, Sensex sinks by 931 points at close

Rediff.com20 Dec 2023

Tata Steel fell the most by 4.21 per cent. NTPC, Tata Motors, HCL Technologies, Mahindra & Mahindra, State Bank of India, Power Grid, Tech Mahindra, Larsen & Toubro and JSW Steel also declined. HDFC Bank was the only gainer from the pack. In Asian markets, Seoul, Tokyo and Hong Kong settled in the positive territory while Shanghai ended lower.

Investors richer by Rs 9.68 lakh cr in five days

Investors richer by Rs 9.68 lakh cr in five days

Rediff.com15 Jan 2024

Dalal Street investors became richer by Rs 9.68 lakh crore in five days of market rally, where the Sensex breached the historic 73,000-mark for the first time ever to reach a new record peak, taking the market capitalisation of BSE-listed companies to an all-time high of Rs 376 lakh crore. The 30-share BSE Sensex jumped 759.49 points or 1.05 per cent to settle at a new closing high of 73,327.94 on Monday. During the day, it zoomed 833.71 points or 1.14 per cent to reach its all-time peak of 73,402.16.

Bulls on rampage in D-Street; Sensex breaches 71K

Bulls on rampage in D-Street; Sensex breaches 71K

Rediff.com15 Dec 2023

HCL Technologies was the biggest gainer in the Sensex pack, rising 5.58 per cent, followed by Tata Consultancy Services and Infosys, State Bank of India, Tech Mahindra, Tata Steel, NTPC and Wipro. In contrast, Nestle, Bharti Airtel, Maruti and ITC were among the laggards.

IT, banking shares drag Sensex down by 107 points

IT, banking shares drag Sensex down by 107 points

Rediff.com28 Jul 2023

From the Sensex pack, Bajaj Finserv, HDFC Bank, Tata Motors, HCL Technologies, Tata Consultancy Services, Axis Bank, Infosys, IndusInd Bank, Tech Mahindra and Maruti were the major laggards. NTPC, Power Grid, Mahindra & Mahindra, JSW Steel, Bajaj Finance, ITC and Reliance Industries were among the gainers.

'Skills Required In A Graduate Are Undergoing Changes'

'Skills Required In A Graduate Are Undergoing Changes'

Rediff.com5 Jul 2024

'Today's engineering graduates have to learn the skills to solve problems which is actually a higher order skill.'

Recent rally leaves little room for IT firms to disappoint

Recent rally leaves little room for IT firms to disappoint

Rediff.com21 Mar 2024

Analyst are cautious about the performance of IT services sector from January to March quarter (Q4) of FY24 and the first half (H1) of FY25. While the Bloomberg consensus on revenue implies the market is expecting 2-3 per cent growth on a quarter-on-quarter (Q-o-Q) basis for the IT majors through FY25, the H1FY25 is likely to see even flatter returns, and Q4FY24 is likely to be poor. There is likely to be some recovery in the second half (H2FY25) but even so, there's a chance that the market will be overall disappointed.

Investors richer by Rs 8 lakh crore in 3 days

Investors richer by Rs 8 lakh crore in 3 days

Rediff.com15 Dec 2023

Among the Sensex firms, Infosys, Tech Mahindra, HCL Technologies, Tata Consultancy Services, Wipro and JSW Steel were the major gainers during the morning deals. Nestle, Bharti Airtel, Axis Bank ITC were among the laggards.

Stock markets rally after RBI keeps repo rate unchanged

Stock markets rally after RBI keeps repo rate unchanged

Rediff.com6 Oct 2023

Titan surged 2.98 per cent, followed by IndusInd Bank, ITC, JSW Steel, Infosys, Tech Mahindra, Tata Consultancy Services and Maruti. Hindustan Unilever, Asian Paints, Bharti Airtel and HDFC Bank were among the laggards.

A record-setting year; markets surged by up to 20%

A record-setting year; markets surged by up to 20%

Rediff.com29 Dec 2023

Among the Sensex firms, State Bank of India, Infosys, Titan, Tech Mahindra, IndusInd Bank, NTPC, ICICI Bank, Power Grid, Reliance Industries and Kotak Mahindra Bank were the major laggards. On the other hand, Tata Motors, Nestle, Hindustan Unilever, Tata Steel, Bajaj Finance and UltraTech Cement were among the gainers.

IT stocks lift markets to new lifetime highs; Sensex soars 847 points

IT stocks lift markets to new lifetime highs; Sensex soars 847 points

Rediff.com12 Jan 2024

The other prominent gainers were Tech Mahindra, HCL Technologies, Wipro, State Bank of India and Larsen & Toubro. Bajaj Finserv, Power Grid, UltraTech Cement and HDFC Bank were among the laggards.

Bloodbath on the bourses: Sensex tanks 1,628 pts

Bloodbath on the bourses: Sensex tanks 1,628 pts

Rediff.com17 Jan 2024

Axis Bank, Tata Steel, Kotak Mahindra Bank, ICICI Bank, Tata Motors, and Bajaj Finance were among the other major laggards. Tata Consultancy Services, Reliance Industries, UltraTech Cement, Infosys, HCL Technologies, and Tech Mahindra were among the gainers.

Equity markets settle higher for 2nd day

Equity markets settle higher for 2nd day

Rediff.com7 Aug 2023

Sun Pharma, Bajaj Finserv, Tata Consultancy Services, Infosys, Hindustan Unilever, JSW Steel, Wipro, Maruti, HCL Technologies, Tech Mahindra and ICICI Bank were the other major gainers. State Bank of India, Tata Motors, Axis Bank, Kotak Mahindra Bank, Bajaj Finance, Tata Steel, Nestle and HDFC Bank were the laggards.

HCL Tech Q4 net profit flat at Rs 3,986 cr

HCL Tech Q4 net profit flat at Rs 3,986 cr

Rediff.com26 Apr 2024

India's third largest IT company HCL Technologies on Friday reported a flat year-on-year growth in net profit in the March quarter at Rs 3,986 crore. However, the company posted an 8.4 per cent decline in net profit on a sequential basis, amid rising employee cost and tightening IT spends around the world. The company described the performance as "decent" in view of the global macroeconomic conditions.

Buoyed by HDFC Bank, RIL and Infosys, Sensex surges 481 points

Buoyed by HDFC Bank, RIL and Infosys, Sensex surges 481 points

Rediff.com4 Aug 2023

IndusInd Bank was the biggest gainer in the Sensex pack, rising 3.25 per cent, followed by Tech Mahindra, Wipro, Bharti Airtel, HCL Technologies, Axis Bank, HDFC Bank, RIL, TCS, L&T and Infosys. State Bank of India, NTPC, Maruti, Bajaj Finserv, Tata Motors and Power Grid were among the laggards, slipping up to 2.94 per cent.

How Tech Mahindra turned around Satyam

How Tech Mahindra turned around Satyam

Rediff.com15 Jul 2011

Real turnaround started from November 2010, when Mahindra Satyam announced its financial numbers for the first time after the scandal.

Stock markets close higher; Sensex ends up 79 points

Stock markets close higher; Sensex ends up 79 points

Rediff.com29 Aug 2023

Tata Steel, Tech Mahindra, NTPC, JSW Steel, Power Grid, UltraTech Cement, HCL Technologies and HDFC Bank were among the major gainers. Bharti Airtel, Hindustan Unilever, Axis Bank, Reliance Industries, Kotak Mahindra Bank, ICICI Bank and IndusInd Bank were among the laggards.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com22 Oct 2023

Domestic equity markets will be driven mainly by quarterly earnings, global trends, and the movement in crude oil prices in this holiday-shortened week, analysts said. Investors would also keep an eye on the Middle East amid the ongoing Hamas-Israel conflict and the trading activity of foreign investors. Markets will remain closed on Tuesday for Dussehra.

Mcap of BSE-listed firms touch all-time high of Rs 296.48 lakh crore

Mcap of BSE-listed firms touch all-time high of Rs 296.48 lakh crore

Rediff.com30 Jun 2023

The market capitalisation of BSE-listed firms touched an all-time high of Rs 296.48 lakh crore on Friday as the benchmark Sensex hit its new life time peak amid bullish investor sentiments.hit its new lifetime peak. Rallying for the third day running, the 30-share Sensex surged 499.42 points or 0.78 per cent to reach its all-time high of 64,414.84 in early deals. Thanks to the rally in equities, the market capitalisation (mcap) of BSE-listed companies jumped to Rs 2,95,72,338.05 crore.

Accenture's lowered guidance spells more trouble for IT sector: Analysts

Accenture's lowered guidance spells more trouble for IT sector: Analysts

Rediff.com4 Jul 2023

IT major Accenture's second straight cut in its revenue growth forecast for FY23 suggests there is more pain ahead for the Indian IT sector, say analysts. Accenture has lowered the top end of its FY23 growth guidance in constant currency (CC) to 9 per cent from 10 per cent earlier. The firm, which follows a September-August fiscal cycle, expects a 2-6 per cent CC growth in Q4 of FY23 (June-August 2023) versus the 6-10 per cent prior guidance.

Telecom, auto, tech stocks help Sensex, Nifty hit fresh lifetime highs

Telecom, auto, tech stocks help Sensex, Nifty hit fresh lifetime highs

Rediff.com15 Sep 2023

Bharti Airtel was the biggest gainer in the Sensex pack, rising 2.37 per cent, followed by Mahindra & Mahindra, HCL Tech, Tata Motors, Tech Mahindra, HDFC Bank, Wipro, Tata Consultancy Services, Axis Bank and Nestle. Asian Paints, Hindustan Unilever, Bajaj Finserv and NTPC were among the laggards.

Consequences of 'CEO exits' at Indian IT companies

Consequences of 'CEO exits' at Indian IT companies

Rediff.com22 Jun 2023

Indian IT services companies have seen several CEO changes that have, over the past few months, led to some crucial exits at the mid-senior level in a trend that is likely to continue. According to a recent Motilal Oswal report, "Movement of mid-to-senior leadership at IT services firms is a reality, partially on account of multiple CEO-level changes.

What's Modi Up To?

What's Modi Up To?

Rediff.com24 Apr 2024

No government in the past initiated the process of policy making for its next tenure even before going in for elections. Once the Model Code of Conduct is enforced by the Election Commission, should the government of the day refrain from taking an active interest in policy making for the next five years and let that be the function of the new government?, asks A K Bhattacharya.

Nasscom portal to bridge job scout-seeker gap

Nasscom portal to bridge job scout-seeker gap

Rediff.com23 Aug 2023

The National Association of Software Services Companies (Nasscom) on Tuesday launched the Talent Connect portal to bridge the gap between recruiters and digitally skilled and certified candidates. The portal, which has been in the work for the last 28 months has 100,000 candidates and companies such as Tata Consultancy Services (TCS), Tech Mahindra and Salesforce recruiting from it. The platform, for the first time, is also making an attempt to bridge the gap of skill-based talent to employers, rather than the current practice of academic focused talent base.

Global Chess League: Steve Waugh, Sania Mirza attend opening ceremony

Global Chess League: Steve Waugh, Sania Mirza attend opening ceremony

Rediff.com22 Jun 2023

Dubai witnessed a historic moment as the inaugural edition of the Global Chess League was held on Thursday.

Investors lose Rs 2.89 lakh crore in two days of market fall

Investors lose Rs 2.89 lakh crore in two days of market fall

Rediff.com20 Sep 2023

Investors' wealth fell by Rs 2.89 lakh crore in two days of market fall, with the BSE Sensex tumbling 796 points on Wednesday, amid weak global market trends ahead of the US Federal Reserve's interest rate decision. Fresh foreign fund outflows and caution ahead of a host of interest rate decisions from global central banks also added to the overall bearish trend. Besides, the US Fed meeting, the BoE (Bank of England) and the BoJ (Bank of Japan) are also scheduled to meet this week.