News for 'tech-mahindra'

Sensex rallies 308 points to end at lifetime high

Sensex rallies 308 points to end at lifetime high

Rediff.com4 Jan 2021

TCS was the top gainer in the Sensex pack, rising around 2 per cent, followed by ONGC, SBI, L&T, Infosys, HCL Tech, ICICI Bank and Axis Bank. The broader NSE Nifty surged hit a record high of 14,109.40.

Sensex surges 269 pts; Reliance hits lifetime high

Sensex surges 269 pts; Reliance hits lifetime high

Rediff.com23 Jul 2020

Shares of Reliance Industries climbed around 3 per cent to hit a record closing high of Rs 2,060.65. SBI, ICICI Bank, Tech Mahindra, ITC and Kotak Bank were among the other winners. NSE Nifty advanced 82.85 points, or 0.74 per cent, to close at 11,215.45.

Sensex, Nifty end flat on last trading day of 2020; close year with nearly 15% gains

Sensex, Nifty end flat on last trading day of 2020; close year with nearly 15% gains

Rediff.com31 Dec 2020

HDFC was the leading gainer among Sensex stocks on Thursday, rising by 1.65 per cent, followed by Sun Pharma, ICICI Bank, Asian Paints, Titan and Infosys. TCS was the biggest loser, shedding 1.33 per cent. Ultratech Cement, Bharti Airtel, Kotak Bank and Tech Mahindra were among the other major laggards.

Sensex, Nifty pare gains; surging oil prices hit sentiments

Sensex, Nifty pare gains; surging oil prices hit sentiments

Rediff.com3 Mar 2022

Equity benchmarks Sensex and Nifty on Thursday gave up all early gains to settle lower as surging oil prices amid the ongoing conflict between Russia and Ukraine hit investor sentiment. The 30-share BSE Sensex started the trade on a higher note and jumped 527.72 points in morning deals to a high of 55,996.62. However, during the afternoon trade it surrendered all its early gains and finished at 55,102.68, lower by 366.22 points or 0.66 per cent.

Sensex rebounds 453 points; IT stocks shine

Sensex rebounds 453 points; IT stocks shine

Rediff.com22 Dec 2020

HCL Tech was the top gainer in the Sensex pack, rallying around 5 per cent, followed by Tech Mahindra, Infosys, PowerGrid, Sun Pharma, L&T and Nestle India. NSE Nifty climbed 137.90 points or 1.03 per cent to 13,466.30.

TCS boss Rajesh Gopinathan quits; K Krithivasan named CEO-designate

TCS boss Rajesh Gopinathan quits; K Krithivasan named CEO-designate

Rediff.com16 Mar 2023

IT major TCS CEO Rajesh Gopinathan has reigned, and the company nominated its global head of the BFSI division K Krithivasan as the CEO Designate with immediate effect, the firm said on Thursday. Gopinathan will continue with the company till September 15, 2023, to provide transition and support to his successor.

Sensex surges 224 pts to finish at record peak; Nifty tops 13,700

Sensex surges 224 pts to finish at record peak; Nifty tops 13,700

Rediff.com17 Dec 2020

HDFC was the top gainer in the Sensex pack, rising around 3 per cent, followed by Bajaj Finance, HDFC Bank, IndusInd Bank, PowerGrid, UltraTech Cement, TCS, Tech Mahindra and L&T. On the other hand, ONGC, Maruti, Tata Steel, HUL, Bajaj Auto and Sun Pharma were among the laggards.

Losses in index majors drag Sensex by 678 points

Losses in index majors drag Sensex by 678 points

Rediff.com29 Oct 2021

Tech Mahindra was the top loser in the Sensex pack, shedding over 3 per cent, followed by NTPC, IndusInd Bank, Kotak Bank and Reliance Industries. NSE Nifty fell 185.60 points to 17,671.65.

Sensex tanks 202 pts as Covid surge continued to weigh on investors sentiments

Sensex tanks 202 pts as Covid surge continued to weigh on investors sentiments

Rediff.com23 Apr 2021

M&M was the top loser in the Sensex pack, shedding over 2 per cent, followed by Dr Reddy's Bharti Airtel, Tech Mahindra, HUL, ICICI Bank and Infosys. NSE Nifty dropped 64.80 points to 14,341.35.

Investor wealth tumbles over Rs 2.58 lakh cr as markets plunge

Investor wealth tumbles over Rs 2.58 lakh cr as markets plunge

Rediff.com18 Apr 2022

Investors' wealth tumbled over Rs 2.58 lakh crore on Monday as equity markets suffered a heavy sell-off, with the Sensex plunging 2 per cent. The BSE benchmark tanked 1,172.19 points or 2.01 per cent to settle at 57,166.74 after a weak opening. During the day, it plummeted 1,496.54 points or 2.56 per cent to 56,842.39. Tracking the weak trend in equities, the market capitalisation of BSE-listed firms tumbled by Rs 2,58,855.59 crore to stand at Rs 2,69,44,207.98 crore.

Investors richer by over Rs 10.19 lakh crore in 3-day rally

Investors richer by over Rs 10.19 lakh crore in 3-day rally

Rediff.com30 May 2022

Equity investors' wealth jumped by over Rs 10.19 lakh crore in the three-day market rally to Monday. On Monday, the 30-share BSE Sensex soared by 1,041.08 points or 1.90 per cent to settle at 55,925.74. In three days, the bechmark has zoomed 2,176.48 points or 4 per cent. Helped by jump in equities, the market capitalisation of BSE-listed firms went up by Rs 10,19,936.84 crore to Rs 2,58,47,092.40 crore in three days.

Sensex, Nifty end flat; IT stocks gain

Sensex, Nifty end flat; IT stocks gain

Rediff.com11 Sep 2020

SBI was the top gainer in the Sensex pack, spurting over 2 per cent, followed by TCS, Tech Mahindra, HUL, Bajaj Finance, Kotak Bank and Titan. On the other hand, IndusInd Bank, PowerGrid, Bharti Airtel, Asian Paints and HDFC Bank were among the laggards.

How IT cos' WFH plan is turning the planet green

How IT cos' WFH plan is turning the planet green

Rediff.com22 Sep 2020

Indirect emissions account for a major chunk of emissions by Indian IT firms. Business travel and commutation, together, are a key reason for it. If travel and daily commuting go down, so does carbon emissions.

Sensex gives up early gains, ends 83 pts higher

Sensex gives up early gains, ends 83 pts higher

Rediff.com8 Jun 2020

IndusInd Bank was the top gainer in the Sensex pack, soaring around 7 per cent, followed by Axis Bank, Bajaj Finance, ONGC, Titan, Infosys and Tech Mahindra.

Sensex ends 195 pts higher; Nifty tops 12,900

Sensex ends 195 pts higher; Nifty tops 12,900

Rediff.com23 Nov 2020

ONGC was the top gainer in the Sensex pack, surging around 7 per cent, followed by IndusInd Bank, Infosys, Tech Mahindra, Reliance Industries, HCL Tech and TCS. On the other hand, HDFC, ICICI Bank, Axis Bank, SBI and M&M were among the laggards.

Sensex climbs 533 points to reclaim 61,000 mark

Sensex climbs 533 points to reclaim 61,000 mark

Rediff.com12 Jan 2022

On the Sensex chart, M&M, Bharti Airtel, RIL, IndusInd Bank, ICICI Bank and Tata Steel were among major gainers -- rising as much as 4.68 per cent. Nifty rose 156.60 points to end at 18,212.35.

Sensex ends 153 pts lower; Nifty slips below 12,100

Sensex ends 153 pts lower; Nifty slips below 12,100

Rediff.com20 Feb 2020

Asian Paints, HUL, TCS, Tech Mahindra, Reliance Industries, UltraTech Cement were among the top laggards in the Sensex pack.

Investors lose over Rs 6.71 lakh cr as markets crash

Investors lose over Rs 6.71 lakh cr as markets crash

Rediff.com19 May 2022

Equity investors became poorer by over Rs 6.71 lakh crore on Thursday as domestic benchmark indices tumbled amid a global market meltdown. The 30-share BSE benchmark Sensex tanked 1,416.30 points or 2.61 per cent to settle at 52,792.23, tracking weak global markets and persistent foreign fund outflows. In line with the weak market trend, the market capitalisation of BSE-listed firms tumbled by Rs 6,71,051.73 crore to stand at Rs 2,49,06,394.08 crore.

Sensex recovers on fag-end buying, rises 187 pts

Sensex recovers on fag-end buying, rises 187 pts

Rediff.com8 Feb 2022

Tata Steel was the top gainer in the Sensex pack, rising 3.10 per cent, followed by Bajaj Finance, Bajaj Finserv, Reliance Industries, Asian Paints and Titan.

Sensex hits 43,000-mark for first time; Nifty tops 12,600

Sensex hits 43,000-mark for first time; Nifty tops 12,600

Rediff.com10 Nov 2020

Bajaj Finance was the top gainer in the Sensex pack, surging around 9 per cent, followed by IndusInd Bank, L&T, Bajaj Finserv, HDFC, SBI, ICICI Bank, HDFC Bank, ONGC and Axis Bank. On the other hand, Tech Mahindra, HCL Tech, Infosys, Nestle India, Sun Pharma and TCS closed in the red.

Infosys Q4 result disappoints Street; net rises 7.8% to Rs 6,128 crore

Infosys Q4 result disappoints Street; net rises 7.8% to Rs 6,128 crore

Rediff.com13 Apr 2023

Infosys on Thursday posted a 7.8 per cent year-on-year rise in consolidated net profit at Rs 6,128 crore in March quarter of FY23, and gave 4-7 per cent revenue growth forecast for FY24 amid macro economic uncertainities. The net profit (after minority interest) stood at Rs 5,686 crore in the fourth quarter of FY22. Seen sequentially, the net profit for Q4 came in 7 per cent lower.

Global Chess League: Carlsen edges Anand as Warriors go top

Global Chess League: Carlsen edges Anand as Warriors go top

Rediff.com28 Jun 2023

Magnus Carlsen of SG Alpine Warriors defeated Viswanathan Anand and launched his team to the top of the Tech Mahindra Global Chess League in Dubai on Wednesday.

Sensex ends 85 points higher; Yes Bank cracks 5%

Sensex ends 85 points higher; Yes Bank cracks 5%

Rediff.com17 Jul 2019

Top gainers in the Sensex pack included SBI, Tech Mahindra, HCL Tech, Kotak Bank, IndusInd Bank, Asian Paints, Infosys and TCS, rising up to 2.31 per cent.

Sensex scales fresh peak, ends 152 points higher

Sensex scales fresh peak, ends 152 points higher

Rediff.com10 Aug 2021

Bharti Airtel was the top gainer in the Sensex pack, rising around 4 per cent, followed by Tech Mahindra, HDFC, Kotak Bank, M&M and HCL Tech. NSE Nifty advanced 21.85 points to 16,280.10.

Markets crash amid global rout; Sensex dives 867 points

Markets crash amid global rout; Sensex dives 867 points

Rediff.com6 May 2022

Equity benchmarks nosedived on Friday, with the Sensex crashing 866.65 points to close below the 55,000-mark amid a sell-off in global markets. Unabated foreign fund outflows and firm crude oil prices also weighed on sentiment. The 30-share BSE Sensex dived 866.65 points or 1.56 per cent to finish at 54,835.58.

Sensex jumps 362 pts post RBI policy; Nifty tops 11,200

Sensex jumps 362 pts post RBI policy; Nifty tops 11,200

Rediff.com6 Aug 2020

Tata Steel was the top gainer in the Sensex pack, rising around 4 per cent, followed by Infosys, Bajaj Finance, TCS, HCL Tech, ICICI Bank and Tech Mahindra. On the other hand, Bharti Airtel, M&M, L&T and Axis Bank were among the laggards.

How metaverse is going to make a big difference in our lives

How metaverse is going to make a big difference in our lives

Rediff.com20 Mar 2022

Move over 3D, 4D and 5D. Cinema is now eyeing the metaverse experience. On February 15, Bollywood producer Vashu Bhagnani's production company, Pooja Entertainment, forayed into the metaverse and bought its first piece of virtual land. The space, called Poojaverse, will be a virtual area where the company will create an immersive experience for moviegoers, starting with BadeMiyan ChoteMiyan, starring Akshay Kumar and Tiger Shroff. Promotional events for the film, slated for release on Christmas 2023, will be held in the metaverse, says the company. The metaverse might still be in its infancy, but producers like Deepshikha Deshmukh say, "The ecosystem will only grow from here. "Metaverse will soon be the go-to place for everything virtual related to films."

Sensex rallies 420 points; Infosys soars 10%

Sensex rallies 420 points; Infosys soars 10%

Rediff.com16 Jul 2020

M&M, Nestle India, IndusInd Bank, Kotak Bank, HCL Tech and Axis Bank were the other gainers. On the other hand, Tech Mahindra, ITC, NPTC, PowerGrid, Titan and ONGC finished with losses. The NSE Nifty surged 121.75 points to 10,739.95.

Sensex skids for 3rd day; banking, financials drag

Sensex skids for 3rd day; banking, financials drag

Rediff.com18 Feb 2021

Bajaj Finance was the top laggard in the Sensex pack, skidding over 2 per cent, followed by Kotak Bank, Nestle India, HDFC, M&M and ICICI Bank. ONGC was the top gainer, rallying around 8 per cent. NTPC, Asian Paints, Tech Mahindra, PowerGrid and IndusInd Bank were among the other winners.

Sensex rallies 629 points; Nifty reclaims 11,400

Sensex rallies 629 points; Nifty reclaims 11,400

Rediff.com1 Oct 2020

IndusInd Bank was the top gainer in the Sensex pack, zooming over 12 per cent, followed by Bajaj Finance, Axis Bank, ICICI Bank, Tech Mahindra, Bajaj Finserv and Kotak Bank. On the other hand, ITC, NTPC, Titan, Reliance Industries and ONGC were the laggards.

Sensex gains 395 pts; banking stocks, financials lead rally

Sensex gains 395 pts; banking stocks, financials lead rally

Rediff.com5 Jul 2021

State Bank of India was the top gainer in the Sensex pack, climbing nearly 2 per cent, followed by Tata Steel, L&T, Bajaj Finserv, Axis Bank, Bajaj Finance, M&M and ICICI Bank. NSE Nifty surged 112.15 points to 15,834.35.

Mahindra Satyam shares to stop trading from July 4

Mahindra Satyam shares to stop trading from July 4

Rediff.com1 Jul 2013

The boards of Mahindra Satyam and Tech Mahindra last year proposed a swap ratio of 2:17. Mahindra Satyam shareholders will get two shares of Tech Mahindra of Rs 10 each for every 17 shares they hold.

Sensex ends FY20 on a high note, rallies 1,028 points

Sensex ends FY20 on a high note, rallies 1,028 points

Rediff.com31 Mar 2020

ITC was the top gainer in the Sensex pack, rallying over 7 per cent, followed by Reliance Industries, ONGC, Tata Steel, Tech Mahindra, Sun Pharma and SBI. On the other hand, IndusInd Bank plunged nearly 15 per cent. Maruti, Bajaj Finance and Titan were the other laggards.

Sensex, Nifty end flat after choppy trade

Sensex, Nifty end flat after choppy trade

Rediff.com30 Jun 2022

Benchmark indices ended on a flat note on Thursday as fag-end selling wiped out intra-day gains amid weak global trends. The BSE benchmark Sensex slipped 8.03 points or 0.02 per cent to settle at 53,018.94. During the day, it had gained 350.57 points or 0.66 per cent to 53,377.54. Similarly, the broader NSE Nifty fell 18.85 points or 0.12 per cent to close at 15,780.25.

Sensex drops 191 pts; Nifty ends near 17,000 level

Sensex drops 191 pts; Nifty ends near 17,000 level

Rediff.com24 Dec 2021

NTPC was the top loser in the Sensex pack, shedding around 3 per cent, followed by M&M, Axis Bank, PowerGrid, Kotak Bank, Dr Reddy's, Bajaj Finserv and HDFC.

Infosys CEO Salil Parekh's salary jumps 88% to Rs 79.75 crore

Infosys CEO Salil Parekh's salary jumps 88% to Rs 79.75 crore

Rediff.com26 May 2022

Infosys CEO Salil Parekh has got a massive 88 per cent jump in annual remuneration to Rs 79.75 crore, making him one of the highest-paid executives in the country. The software services firm has sought shareholders' approval for the reappointment of Parekh as chief executive officer and managing director for a second five-year term beginning July 1. According to the company's annual report released on Thursday, Parekh, 58, took home a salary of Rs 71.02 crore in the fiscal year ended March 31, 2022.

TCS ranked 3rd most-valued IT services brand globally

TCS ranked 3rd most-valued IT services brand globally

Rediff.com27 Jan 2021

Tata Consultancy Services (TCS) has been ranked the third most-valued IT services brand globally, after Accenture and IBM, according to a report by Brand Finance. Four Indian IT services companies -- TCS, Infosys, HCL and Wipro -- secured spots in the top-10 global tally.

Sensex ends 214 points lower, Nifty gives up 11,300

Sensex ends 214 points lower, Nifty gives up 11,300

Rediff.com4 Mar 2020

Top laggards in the Sensex pack included IndusInd Bank, Bajaj Finance, ITC, UltraTech Cement and HDFC Bank, while Sun Pharma, Tech Mahindra, M&M and Asian Paints ended with gains.

Airtel, HUL, RIL lift Sensex by 273 points

Airtel, HUL, RIL lift Sensex by 273 points

Rediff.com1 Sep 2020

While Bajaj Finance, Asian Paints, Tata Steel, NTPC and SBI were among the other gainers, ONGC, Axis Bank, Tech Mahindra, Infosys and ICICI Bank were among the laggards. NSE Nifty advanced 82.75 points or 0.73 per cent to settle at 11,470.25.

Moonlighting: Wipro found 300 staff working with rivals at same time, says Rishad Premji

Moonlighting: Wipro found 300 staff working with rivals at same time, says Rishad Premji

Rediff.com21 Sep 2022

Wipro chairman Rishad Premji on Wednesday said the company had found its 300 employees worked with one of its competitors at the same time, and added that action was taken in such cases by terminating their services. Premji asserted that he stands by his recent comments on moonlighting being a complete violation of integrity "in its deepest form". "The reality is that there are people today working for Wipro and working directly for one of our competitors and we have actually discovered 300 people in the last few months who are doing exactly that," Premji said speaking at AIMA's (All India Management Association) National Management Convention.