Sunday April 26, 2015
Tech Mahindra, a subsidiary of Mahindra & Mahindra, has applied to the Reserve Bank for a permit to set up Payment Bank, the licences for which are expected to be granted in the next few months.
Tuesday April 21, 2015
Queries related to pre-owned cars on Google have grown 20 times in the last six years, according to the study,
Press Trust of India | Tuesday April 21, 2015
Tap-n-Pay can be used for merchant payments by tapping a NFC-enabled mobile phone or a tag on a participating merchant's counter.
Monday April 20, 2015
Largest private sector lender ICICI Bank in collaboration with Tech Mahindra launched a payment service 'Tap-n-Pay' based on the near-field communications (NFC) technology, enabling customers make over-the-counter payments without using cash.
Wednesday April 15, 2015
Tech Mahindra has inked a $150-200-million deal with telecom solutions provider Comverse, a move that will help the country's fifth largest software services firm beef up its operations in Israel.
Thomson Reuters | Thursday April 9, 2015
Satyam, which in Sanskrit means "truth", was sold the same year to the smaller rival Tech Mahindra Ltd in an auction.
Tuesday April 7, 2015
IT stocks were in the limelight today after remaining lacklustre in the past three sessions. The BSE IT index was up nearly 1 per cent index to be the biggest gainer among sectoral indices.
Friday March 27, 2015
Accenture's December quarter revenue increased 5 per cent annually to $7.49 billion which was 1.5 per cent ahead of estimates.
Monday March 23, 2015
Shares of IT service provider Tech Mahindra has fell 7 per cent in the past three trading sessions after the stocks went ex-bonus and ex-split on March 19.
Monday March 23, 2015
Metal stocks were the worst performers today with the BSE Metals sub-index trading 0.8 per cent lower. JSPL was the top loser in Nifty, down 9 per cent after the government rejected three of its successful bids in the recently concluded coal block au...
Thursday March 19, 2015
Tech Mahindra and HCL Technologies were the top losers on the Nifty following this development.
Reuters | Saturday February 21, 2015
Companies from TCS to Wipro are all joining Infosys in investing in new, high-end technology.
Press Trust of India | Wednesday February 11, 2015
Tech Mahindra on Wednesday said its sister company Mahindra Finance will become equal shareholder if the Reserve Bank clears its payment bank licence, and the company is also in talks with the World Bank Group member IFC for a partnership in the fora...
Reuters | Wednesday February 11, 2015
"We are investing heavily in building local delivery centres in the United States and in Canada," CEO C.P. Gurnani said.
Gopal Sathe | Monday February 9, 2015
From smart cities to farm to fork technology, Bangalore-based Tech Mahindra is preparing the building blocks of the Internet of Everything.
Thursday February 5, 2015
Cognizant Technology Solutions Corp's robust revenue growth forecast for 2015 boosted sentiments in domestic outsourcers on Thursday; the IT sub-index on the Bombay Stock Exchange jumped 1 per cent in a flat market.
Monday February 2, 2015
HCL Tech and Tech Mahindra, the two IT firms that reported strong earnings and bonus issues, led the list of gainers in the 50-share Nifty on Monday.
Sunday February 1, 2015
Airtel's proposed tie-up with Kotak Mahindra Bank is the first formal partnership announced by an existing lender and a non-bank entity aspiring to get into the space. Kotak Mahindra Bank will have a 19.9 per cent stake in the venture.
Tuesday February 3, 2015
Tech Mahindra announced to give one bonus share for every one share held in the company. This comes in the wake of its rivals Infosys and HCL Tech announcing bonus issues recently.
Monday January 26, 2015
Apart from trade and economic issues, business leaders from both the countries as part of the Indo-US CEO forum, are holding high-level discussions on issues crucial to IT industry like visa and totalisation pact. Infosys CEO Vishal Sikka and Mahindr...
Sunday January 25, 2015
"We will have a diversified global workforce, but I can't give any numbers as in our business numbers can be translated into revenue and I'm in a quiet period.
Saturday January 24, 2015
Noting that excitement among WEF participants about India is palpable, Mr Gurnani said that most people he has met were upbeat about India.
Friday January 9, 2015
Acquisitions have been an important part of strategy for Tech Mahindra, which aims to become a $5-billion company by the fourth quarter of 2014-15. Since its 2009 buyout of Satyam Computer Services, the company has acquired six companies, besides goi...
Friday January 9, 2015
Infosys shares gained over 5 per cent pushing the CNX IT index over 3 per cent higher. Infosys results also turned positive for other IT outsources as well. Tech Mahindra gained 2.55 per cent, while TCS was up 2 per cent.