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  Massive drop in H-1B approvals for Indian IT companies in 2015-17

  India | April 25, 2018 13:53 IST

  The top-seven Indian based companies received only 8,468 approved H-1B visa petitions in the financial year 2017, a decline of 43 percent for these companies since the financial year 2015.    

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  Tech Mahindra to hire around 2,200 people in US this year

  July 17, 2017 11:26 IST

  The company says there is no connect between its US hiring and laying off staff in India

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  Potential to be in top-5 technology services brands by 2020, says Tech Mahindra

  May 14, 2017 18:35 IST

  Tech Mahindra has been ranked at No 14, with an impressive growth of 21 per cent over the previous fiscal, a joint release by Tech Mahindra and Brand Finance said.

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  After Infosys and Wipro, now Tech Mahindra looks to lay off hundreds on 'performance' ground

  May 10, 2017 23:25 IST

  After IT majors Infosys and Wipro, it is now Tech Mahindra's turn to lay off hundreds of its employees based on their performance.

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  Small finance bank licences next month: Raghuram Rajan

  August 20, 2015 12:20 IST

  Mumbai:  After granting approval to 11 entities for payments banks, RBI today said it will announce small finance bank licences next month and allayed concerns that these new entities can pose any threat to existing

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  Tech Mahindra sees weak revenue, earnings in Apr-Jun quarter

  June 30, 2015 11:04 IST

  New Delhi: Tech Mahindra, India's fifth largest information technology (IT) services exporter, on Monday warned a seasonally weak mobility business and visa costs would impact its revenue in the April-June quarter, forcing cost control measures

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  Tech-Mahindra to expand its base in US

  February 11, 2015 22:07 IST

  To tap the emerging business opportunities in digital technology, Tech Mahindra Ltd. is looking to build more technology development facilities in United States and Canada. The move is likely to boost local hiring in these

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  RBI list: Videocon, Tech Mahindra, RIL among 113 seeking small, payment bank licences

  February 05, 2015 11:42 IST

  New Delhi: The Reserve Bank of India has released the names of applicants of small finance banks and payment banks. The RBI received 72 applications for small finance banks and 41 applications for payments banks.The

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  Tech Mahindra to buy Lightbridge Communications in Rs 1,486 crore deal

  November 21, 2014 15:33 IST

  New Delhi: Country's fifth largest software services firm the Anand Mahindra-led Tech Mahindra will acquire global network services firm Lightbridge Communications Corporation (LCC) in an all-cash deal worth $240 million (over Rs 1,486 crore).The move

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  Tech Mahindra gains on good Q2 results

  October 30, 2014 10:30 IST

  New Delhi: Tech Mahindra Ltd gained nearly 4.4 per cent in trade on Thursday after the India's fifth-largest software service company reported 14 per cent QoQ jump in consolidated net profit to Rs 720 crore

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  Mahindra & Mahindra Q4 profit rises marginally to Rs 897 cr

  May 30, 2014 17:02 IST

  New Delhi: Mahindra & Mahindra Ltd on Friday posted a marginal increase in standalone net profit at Rs 896.88 crore for the fourth quarter ended March 31.The auto major had posted a profit of Rs

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  Tech Mahindra Q4 Net Dips 3.6% to Rs. 614.2 Crore

  May 15, 2014 11:30 IST

  Mumbai: Tech Mahindra Ltd, India's fifth largest IT services firm, reported a 3.6 per cent decline in consolidated net profit at Rs. 614.2 crore for the fourth quarter that ended on March 31, 2014.The company

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  Tech Mahindra forays into Mexican market

  May 09, 2014 17:33 IST

  New Delhi: IT services firm Tech Mahindra has entered the Mexican market, where it will focus on industries such as telecom, banking, energy and manufacturing and help create about 500 jobs in the next 24

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  Action against IT firms for working on polling day

  India | April 24, 2014 17:11 IST

  Chennai: Election authorities lodged a police complaint against five companies at an IT park here for functioning on the day of Lok Sabha polling in Tamil Nadu today in violation of rules and sent back

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  Tech Mahindra may shift Gupta to head key verticals in US: report

  March 16, 2014 17:39 IST

  New Delhi: Tech Mahindra's head of Australia and New Zealand operations, Bobby Gupta, may be shifted to the US as head of strategic initiatives, according to sources close to the development.Mr Gupta, who took over

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  Tech Mahindra partners Alstom for global development centre

  March 13, 2014 23:00 IST

  New Delhi: IT services firm Tech Mahindra said it has set up a global development centre in partnership with Alstom Transport, a manufacturer of rail technology. Under a three-year partnership, the two companies will focus

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  Tech Mahindra shares jump over 4% as FIIs limit raised

  September 03, 2013 15:50 IST

  New Delhi: Shares of Tech Mahindra Ltd on Tuesday rose by over 4 per cent after the Reserve Bank of India allowed the IT firm to raise the purchasing limit of shares by foreign institutional

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  Tech Mahindra seeks transfer of Satyam SEZs

  August 21, 2013 15:51 IST

  Hyderabad: Tech Mahindra, which merged Mahindra Satyam (Satyam Computer Services Limited) with itself a few months ago, is in the process of transferring three special economic zones that were allotted to the latter before merger.According

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  Tech Mahindra Q1 net profit up 27%

  August 12, 2013 17:40 IST

  Mumbai: IT firm Tech Mahindra reported 27% jump in consolidated net profit at Rs 686.3 crore for the quarter ended June 30, 2013, led by broad-based growth across sectors like manufacturing and media and entertainment.This

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  Tech Mahindra completes Satyam merger, becomes 5th biggest IT firm

  June 25, 2013 15:13 IST

  New Delhi, June 25: Tech Mahindra has completed the merger of its unit Satyam Computer Services with itself, making it the No 5 Indian IT services provider.The merged entity with have revenues of $2.7 billion,