Tech Mahindra
Edelweiss maintains ‘Buy’ rating on Tech Mahindra shares; here is why
Tech Mahindra’s Q4FY16 revenue at $1,023m (up 0.8% q-o-q and 1.3% in CC) was in line with Street’s estimate (0.5%), while Ebdita (earnings before depreciation, interest, taxes and amortisation) margin at 16.9% (16.5% esti
Tech Mahindra to buy Target Group to strengthen UK BFSI space
Software services firm Tech Mahindra today said it will acquire UK-based Target Group in around 120 million pound deal to strengthen its presence in the banking and financial services space.
Remain ‘neutral’ on Tech Mahindra: Nomura
Tech Mahindra (TECHM) Q4 results were ahead of consensus, in line with our expectations on revenue growth. The positives were- incrementally positive...
Tech Mahindra, VRL Logistics among 10 stocks that remained in focus today
Tech Mahindra stocks ended 10.29 per cent up at Rs 528.55 after its consolidated net profit almost doubled to Rs 897.08 crore for the quarter ended March 31, 2016.
Tech Mahindra drops payments bank plan
Cites margin concerns as reason
Tech Mahindra not to pursue payments bank operations
IT firm Tech Mahindra today said it will not pursue its plans to set up payments bank operations in the country, becoming the third player to pull out from the race.
Tech Mahindra Q4 PAT jumps 18% qoq at Rs 897 cr, drops payments bank plan
Tech Mahindra Q4 results: The company reported 18 per cent quarter-on-quarter rise in its consolidated net profit figures at Rs 897.08 crore for the quarter under review against Rs 759.24 crore in the sequential quarter ended
Tech Mahindra Q4 results preview: Kotak puts buy rating on stocks
Tech Mahindra Q4 results preview: We expect Tech Mahindra to report c/c revenue growth of 0.3% and a decline of 0.3% in $ revenues. Growth will be led by the enterprise business.
Upgrade Tech Mahindra to ‘buy’: Jefferies
Growth issues which are concentrated in top telecom accounts are being extrapolated to overall business, in our view.
Tech Mahindra banks on acquisitions for growth
Tech Mahindra has acquired companies which have brought it specialised expertise
Tech Mahindra Q3 net profit declines 5.7% to Rs 759.24 crore
IT services firm Tech Mahindra today reported 5.7 per cent decline in consolidated net profit at Rs 759.24 crore for the quarter ended December 31.
Tech Mahindra funded startup ties up with SAP
The Tech Mahindra-funded MAAS (MicroGrid as a Service) has entered into a strategic collaboration with SAP to develop a citizen platform, CAPE - Community Action Plan for energy, a TechM statement said.
Tech Mahindra gains on global tie-up with MetricStream
Tech Mahindra shares gained after it entered into a strategic alliance with US-based MetricStream to deliver governance, risk and compliance (GRC) solutions across the globe.
Tech Mahindra unveils MoboMoney to cash in on digital payments market
IT major Tech Mahindra today launched a new service 'MoboMoney' to cash in on the burgeoning digital payments ecosystem in India.
Infosys, TCS, Tech Mahindra fall as US doubles fees for H-1B, L1 visas
Infosys, TCS and Tech Mahindra fell after the US Congress doubled a special fee on the popular H-1B and L-1 visas raising it up to $4,500 to fund a 9/11 healthcare act and biometric tracking system that will hit Indian IT com
