Tech Mahindra

https://www.techmahindra.com/en-in/
https://www.linkedin.com/company/tech-mahindra/

Tech Mahindra is a publicly owned Indian multinational IT services and consulting company headquartered in India. It was founded in 1986 and has a workforce of 161,740 employees. The company's main product is Generative AI.

Revenue

Founded

1986

Headcount

161,740

Headquarters

India

Primary Segment

IT Services and IT Consulting

Ownership

Publicly Owned

Deployments

Similar Companies

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Tech Mahindra offers 3 products in the media tech and telecoms tech industries. Tech Mahindra's product portfolio comprises of sports tech and telecoms network infrastructure.

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Dec

23rd

2024

04:19

Partnerships and Alliances, Caretta Research_Monitor Company

Tech Mahindra CEO plans to take this 'route' to close gap with TCS, Infosys, Wipro and HCL Tech

aims to significantly boost the company's banking, financial services, and insurance (BFSI) business to close the gap with larger rivals who have traditionally generated more revenue from this profitable sector. Joshi, who joined India's fifth-largest software services exporter in December 2023 after a long tenure at Infosys, This compares to some competitors in the $254 billion Indian IT industry who already derive as much as a third of their revenue from BFSI.

ET CIO

Dec

23rd

2024

00:05

Business Expansion, Caretta Research_Monitor Company

Indian Market Opens In Green Amid Positive Mixed Global Cues

In the Sensex pack, Tata Steel, Tech Mahindra, Bajaj Finance, HCL Tech, HDFC Bank, ICICI Bank and Bharti Airtel were the top gainers. Whereas, Zomato and NTPC were the top losers.

One News Page

Dec

21st

2024

18:30

Caretta Research_Monitor Company

Tech Mahindra CEO plans to take this 'route' to close gap with TCS, Infosys, Wipro and HCL Tech

Tech Mahindra CEO Mohit Joshi aims to significantly boost the company's banking, financial services, and insurance (BFSI) business to close the gap with larger rivals who have traditionally generated more revenue from this profitable sector. Joshi, who joined India's fifth-largest software services exporter in December 2023 after a long tenure at Infosys, This compares to some competitors in the $254 billion Indian IT industry who already derive as much as a third of their revenue from BFSI.

The Times of India

Dec

21st

2024

05:42

Events, Caretta Research_Monitor Company

Wire Tech México – Expo Arnes Electrico 2024

México Assembly Wire Technology Better known as Wiretech Expo,is an event focused on uniting the cable processing companies. Our goal is to provide attendees full access to equipment, tools, materials, and supplies used in manufacturing wire harnesses, as well as in its inspection and repair.

Telsonic Ultrasonics

Dec

20th

2024

15:18

IoT, Caretta Research_Monitor Company

Tech Mahindra Limited

NSE India

Dec

20th

2024

14:17

M&A Activities, Artificial Intelligence, Caretta Research_Monitor Company

Tech Mahindra Acquires Furaha Holdings for AI/ML Development Services

Tech Mahindra's subsidiary, Yabx Technologies (Netherlands) B.V., has approved entering into a Shareholders' Agreement with SC Ventures Holdings Limited and Furaha Holdings Limited for providing development services and licensing AI/ML models to Furaha. The acquisition includes 1,200,000 Ordinary Shares and 1,800,000 C Ordinary Shares of Furaha. The objective is to become a strategic technology partner to Furaha in the FinTech industry and share the growth of Furaha's business. The shares are valued at USD 3 Million, and Yabx Netherlands will hold a total voting stake of 19.35% in Furaha.

NSE India

Dec

20th

2024

13:35

Funding Activities, Caretta Research_Monitor Company

Investors get poorer by ₹18.43 lakh crore in 5 days as markets crash amid weak global sentiment

The 30-share BSE slumped 1,343.46 points, or 1.69% to 77,874.59 during the intraday session on Friday, December 20, before settling at 78,041.59, down 1.49% from the previous close… "Nervousness continued to grip investors and stocks across-the-board went into a tailspin as the dollar's continuing strength against the rupee has been prompting foreign investors to flee local equities and take shelter in safe-haven dollar assets," PTI quoted Prashanth Tapse, Senior VP (Research) at Mehta Equities Ltd as saying.

Dailyhunt

Dec

20th

2024

11:13

Financial Results, Caretta Research_Monitor Company

D-Street Newsmakers: RBL Bank, General Insurance and Tech Mahindra among 6 stocks that hogged limelight today

Led by across-the-board sell-off, Indian equities ended lower for the fifth consecutive day. At the close, Sensex ended lower by 1.5 per cent or 1,176.5 points at 78,041, while the Nifty50 index ended 364 points or 1.52 per cent lower at 23,587.5.

Zee Business

Dec

20th

2024

11:10

Robotics, Caretta Research_Monitor Company

Optimizing Wireless Network Operations with AWS-Powered Automation and Well-Architected Approach

The client, a leading wireless services provider, was looking for a System Integrator (SI) vendor to manage the development and maintenance of wireless network operations automation on the AWS cloud. The primary goals were cost reduction by enabling the right shoring model and skill mix, along with ensuring delivery excellence through a track record in program management and adherence to AWS Well-Architected principles.

Tech Mahindra

Dec

20th

2024

09:28

M&A Activities, Caretta Research_Monitor Company

Scheme of Merger by Absorption with Tech Mahindra Limited

The Hon’ble NCLT sanctioned the Scheme of Merger by Absorption of Perigord Premedia (India) Private Limited, Perigord Data Solutions (India) Private Limited, Tech Mahindra Cerium Private Limited, and Thirdware Solution Limited with Tech Mahindra Limited. The Scheme will be effective upon filing the certified copy of the order with the ROC. After the Scheme becomes effective, the Transferor Companies will stand dissolved. The details required under SEBI Regulations were furnished by the Company. The intimation is uploaded on the Company's website.

NSE India

Dec

20th

2024

05:46

Financial Results, Caretta Research_Monitor Company

CLSA bullish on Persistent Systems, Tech Mahindra for up to 27% potential upside post Accenture's Q1 beat

After Accenture posted strong Q1 earnings beating Wall Street estimates and even raised revenue growth guidance for the second quarter as well as the full year, Hong Kong-based global brokerage CLSA held that weak order book for most Indian IT service providers implies potential of further guidance upgrade for Infosys & HCL Technologies could be limited.

Zee Business

Dec

20th

2024

04:41

Caretta Research_Monitor Company

Tech Mahindra aiming for bigger bite of bank tech spends, CEO says

is stepping up focus on its banking, and insurance (BFSI) business in a bid to bridge the gap with larger peers which have historically made more revenue from the lucrative segment, its CEO said in an interview.

The Economic Times

Tech Mahindra's customers primarily consist of pay TV services companies. Examples of Tech Mahindra's customers include Sunrise, Whatfix and Yellow.ai. Tech Mahindra has commercial and technical partners like Palo Alto Networks and Proximus Group. Examples of Tech Mahindra's suppliers include Amazon Web Services (AWS) and IBM.

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Tech Mahindra

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Primary Segment

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