April 21, 2017
Software services firm Tech Mahindra has set up a dedicated unit to reach out to academic institutions in the US and recruit more local engineers. The Donald Trump administration has imposed restrictions on visas that allow foreign engineers on client projects.
April 18, 2017
As Indian IT struggle to find new levers of growth, Tech Mahindra’s CP Gurnani tells Moneycontrol that deal sizes have come down. Long-term outsourcing deals in the range of $100 million & even $50 million are few.
April 18, 2017
With growth becoming hard to find, Tech Mahindra’s CEO CP Gurnani believes that it is best to pause and reflect on strategies instead of chasing quarterly numbers. In an exclusive interview with Moneycontrol, Gurnani said: “I would like all of us to pause. Let us reflect and decide what our strategies are going to be. That is our strategy and luckily our Board is with us on that."
April 13, 2017
Pininfarina, the Italian design and engineering house part-owned by Tech MahindraBSE 1.89 %, is expecting to play a key part in the Indian parent's target to gross $1 billion from the business that it is part of.
April 11, 2017
The Ma Foi Foundation and Tech Mahindra Foundation on Tuesday inaugurated a smart centre in Avadi for employment-based skill training programmes in the BFSI (banking, financial services and insurance) sector.
April 06, 2017
World-renown Italian design company Pininfarina recently announced it is setting up shop in the UAE, with an office in Dubai. It’s most famed for its work in car design and coach-building, working on lauded classic designs with the likes of Ferrari, Alfa Romeo and Lancia. Company chairman and current family custodian Paolo Pininfarina told us more about the Dubai move.
April 04, 2017
“Yes, we will be implementing this policy,” said Sucharita Palepu, Global Head — People Practices, Tech Mahindra. “We already had an extended maternity policy where women could opt for longer leave up to one year. Hence, we don’t see the need for any specific planning, since several of our associates opted for it earlier,” she said. Many IT companies had already been providing maternity leave of 9 months which typically comprised 3 months’ paid leave and 6 months’ extended leave without pay.
April 03, 2017
Aloke Palsikar, Global Head of Manufacturing at Tech Mahindra, “We want to enable our clients to be ready for Industry 4.0, with as less a disruption as possible.”
March 08, 2017
Tech Mahindra announced on Tuesday that it had set up a state-of-the-art lab that would showcase technologies and their use to improve productivity on factory shop floors.
March 07, 2017
“The acquisition will not only position Tech Mahindra as a significant player in the healthcare provider space but will also provide an opportunity to go deeper in this space via EMR implementation and surrounding services route,” said C.P. Gurnani, MD & CEO, Tech Mahindra.
March 06, 2017
He is not just the CEO of Tech Mahindra but the man who turned around the company to become one of the country’s top five IT firms. CP, as he is popularly known, joined in November 2004, when the company was known as Mahindra British Telecom. Over the years, he has become a leader who is revered as he steered the company to newer heights in the most uncertain times.
February 27, 2017
The collaboration agreement, worth about €65 million, will have a total duration of 46 months and Tech Mahindra is expected to play a significant role. “This agreement confirms the primacy of our company in the world of automotive design, engineering and production of small series at a time of great change in the automotive world. Synergies with a larger group such as Tech Mahindra are strengthening our business opportunities,” Pininfarina Group CEO Silvio Pietro Angori said in a statement.
February 20, 2017
Software Defined Networks (SDN) and Network Functions Virtualisation (NFV) are widely regarded as the way forward in creating agile networks whilst reducing costs. And, according to a report from the OpenStack Foundation, NFV is a game changer for telcos and Communications Service Providers (CSPs) because it allows them to quickly develop and deploy new applications and services whilst reducing CapEx and OpEx spend.
February 18, 2017
India’s fifth largest information technology services and solutions firm Tech Mahindra has stated the focus of the firm will be on improving profitability, even at the cost of growth. “It is not fair for the company to have margins in the 12-15 per cent range when my competitors are reporting margins in the range of 20 per cent and above. We will strive to do better on both earnings and growth, but my priority is going to be earnings now,” said CP Gurnani, chief executive officer and managing director, Tech Mahindra.
January 31, 2017
Tech Mahindra Ltd reported strong revenue growth for the second consecutive quarter. Revenue in US dollar terms increased 4.1% in the December quarter (Q3). In constant currency terms, it is up 5.4% from the September quarter (Q2). In comparison, HCL Technologies Ltd, which reported a strong performance, has seen its constant currency revenue rise 3% on a sequential basis.
January 19, 2017
The tagline, 'Connected world. Connected experiences' believes in the hyper-connected world and appreciates that the new revolution is going to be powered by designing 'experiences'.
January 18, 2017
“Tech Mahindra is very conscious that not only the US, but the world is about localisation now,” CP Gurnani said in an interview to ET Now on the sidelines of the ongoing World Economic Forum in Davos. “Local skills have to be upgraded so that the products continue to be getting delivered,” he said.
January 18, 2017
In a chat with ET Now, CP Gurnani, CEO & MD, Tech Mahindra says that we help Trump in not only creating jobs because let us face it, Indian IT industry spends almost four to five billion dollars in US.
January 16, 2017
"The CoE is second investment of Tech Mahindra in Ireland in the last two years, to complement our Waterford Customer Care Center that became operational in December 2014, which already has 300 plus full-time equivalents (employees)," Bhushan Patil, Senior Vice President of Tech Mahindra.
January 14, 2017
"Our vision is that anyone can be an entrepreneur. Milton Keynes and the surrounding areas are emerging as a very popular hub for start-up activity and the launch of InnovateMK will provide benefits for both incubator members and the local community," Tech Mahindra President (Europe) Vikram Nair.
January 04, 2017
Tech Mahindra said it was forming a joint venture with Midad Holdings’ unit Al Fozan Group to create a 100-seat delivery centre in Saudi Arabia.
January 02, 2017
Tech Mahindra unveiled the Makers Lab last month — an in-house laboratory for employees to experiment and work on new technology. Chief technology officer Atul Kunwar said it is a step towards the consumer. “A lot of ideas are developed or built in conjunction with customers or partners at Makers Lab. We are taking this global and over time would want to see it become more cloud-oriented,” Kunwar told ET.