TechM Q3 revenue declines 61 per cent

IT main Tech Mahindra on Wednesday reported a 61 per cent year-on-year decline in web revenue at ₹510.4 crore from ₹1,296.6 crore in the identical time final yr. Income from operations got here down 4 per cent to ₹13,101.3 crore  (₹13,734.6 crore) in identical quarter final yr.  Additionally learn: Exide Industries Q3 web up 2.3 per … Read more

Tech Mahindra Q3 outcomes preview: Consultants anticipate modest efficiency amid income decline

Consultants predict that the outcomes of mid-cap IT agency Tech Mahindra might be modest for the third quarter of FY24. TechM could report a sequential decline in total income and fixed forex revenues, dragged down by the communication and enterprise verticals and the poor seasonal efficiency seen within the third quarter.  Brokerage agency Jefferies said … Read more

Former Tech Mahindra CEO C.P. Gurnani joins upGrad’s Board of Administrators

Edtech firm upGrad has introduced that former Tech Mahindra CEO & MD C.P. Gurnani has joined its Board of Administrators. Gurnani will function an unbiased non-executive director. After serving at Tech Mahindra for 19 years, Gurnani retired from his publish in December. Beforehand, he served on the Board of Mahindra & Mahindra for over three … Read more

CP, the staff builder who resuscitated Satyam again to life, hangs his boots

Chander Prakash Gurnani, or CP as he’s recognized in IT trade circles, has hung his boots after a dream run of 42 years, the final 19 of which had been spent in Tech Mahindra. Although well-known within the IT trade previous to the Satyam saga, he shot to limelight together with his flamboyant dealing with … Read more