Tech Mahindra

  • Date of verdict in Satyam case to be announced on July 28 26-06-2014 04:43 PM

    Hyderabad: A special court will announce on July 28 the date of verdict in the case relating to multi-crore accounting fraud in erstwhile Satyam Computer Services Limited. The special court, which was to pronounce the date on Thursday, deferred it by over a month. Special Judge B.V.L.N. Chakravarthi of 21st...
  • Tech Mahindra shares surge to 6 year high on earnings 08-11-2013 10:08 AM

    Mumbai: Tech Mahindra shares rose more than 5 per cent on Friday to its highest since May 2007 after the company's July-September earnings beat some analysts' estimates. Tech Mahindra on Thursday posted July-September consolidated net profit of Rs 718 crore slightly higher than consensus forecasts of Rs 71 crore. Tech...
  • Tech Mahindra Q1 net profit up 27 pc at Rs 686.3 crore 12-08-2013 07:44 PM

    Software major Tech Mahindra on Monday reported 27 per cent jump in consolidated net profit at Rs 686.3 crore for the quarter ended June 30, 2013, on the back of growth across verticals like manufacturing and media ~~amp; entertainment. The company's net profit stood at Rs 540.5 crore in the...
  • Mahindra Satyam merges with Tech Mahindra 25-06-2013 01:52 PM

    New Delhi: Software firm Mahindra Satyam was on Tuesday formally merged with its parent Tech Mahindra to create the country's fifth largest software services firm. "Over the past 4 years we worked through the statutory and legal issues, our teams worked closely on the ground to integrate processes, eliminate overlaps,...
  • MSat-Tech Mahindra merger gets AP High Court approval 11-06-2013 08:38 PM

    Hyderabad: The Andhra Pradesh High Court on Tueday approved the merger of Mahindra Satyam (MSat) with Tech Mahindra while dismissing the petitions of some shareholders seeking to stall the proposal in its current form so as to safeguard their financial interest. The Court said, however, that the investigations into the...
  • Tech Mahindra shares jump after earnings results 22-05-2013 09:45 AM

    Mumbai: Shares in Tech Mahindra Ltd rose as much as 6.8 per cent on Wednesday after its January-March quarter net profit rose 24 per cent, beating estimates. Tech Mahindra said its March-quarter consolidated net profit rose 24.4 per cent. The results came out after the close of markets on Tuesday...
  • Tech Mahindra shares fall as merger with Satyam delayed 26-03-2013 01:20 PM

    Mumbai: Shares in Tech Mahindra Ltd fall 1.9 per cent, while Satyam Computer Services Ltd drops 1.6 per cent, a day after the companies said a long-planned merger between the two had been delayed by an additional six months up to September 30. The companies did not give a reason...
  • FightBack app: India's first mobile application for women's safety 01-02-2013 02:48 PM

    The company made it publicly available from its website for free after the Delhi gangrape. ...
  • Tech Mahindra, Satyam to hire up to 10,000 staff 11-04-2012 02:38 AM

    Bangalore: Tech Mahindra Ltd and Satyam Computer Services Ltd, which are in the process of a merger, aim to hire up to 10,000 staff for the combined entity in 2012/13 to meet an expected rise in demand for technology services. The companies also plan to complement their parent Mahindra &...
  • Merged Tech Mahindra, Satyam may hire 10,000 10-04-2012 02:51 PM

    Bangalore: The combined entity resulting from the merger of Tech Mahindra Ltd and Satyam Computer Services Ltd may hire as many as 10,000 new employees in the current fiscal year, said Vineet Nayyar, CEO of Tech Mahindra. "We are trying to secure more efficiencies internally, we'll see how it works...
  • Tech Mahindra, Mahindra Satyam merge 21-03-2012 12:14 PM

    New Delhi: The swap ratio for the merger of Mahindra Satyam with Tech Mahindra has been fixed at 8.5 shares of Satyam for every one share of Tech Mahindra, by the boards of the two companies. The ratio is on expected lines, though some players felt Tech Mahindra shareholders should...
  • UK concerned over visas to Indian IT experts 17-05-2011 10:36 AM

    London: The Public Accounts Committee of the House of Commons on Tuesday expressed concern over immigration officials' alleged "lack of control" over Indian and other non-European Union workers entering Britain through the Inter-Company Transfer (ICT) route. Many Indian IT companies use this route to transfer staff to offices in Britain....
  • BT planning to sell its stake in Tech Mahindra 16-02-2011 05:33 PM

    Mumbai: British Telecom is in talks with hardware telecom companies to sell its 24.4 per cent stake in Tech Mahindra, reports CNBC-TV18’s Kritika Saxena quoting sources. It is learnt that Alcatel-Lucent, Ericsson and Siemens are in the fray. Sources add that the stake sale may be in two tranches, selling...
  • Satyam Computers is now Mahindra Satyam 21-06-2009 09:20 PM

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  • Satyam strong and safe, says Mahindra 20-04-2009 07:27 PM

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