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Tech Mahindra Ltd News

Tech Mahindra adopts Microsoft Co-pilot GenAI tool to 'modernise workplace'

IT company will also deploy GitHub Copilot for 5,000 developers, expecting a 35-40 per cent boost in productivity

Tech Mahindra adopts Microsoft Co-pilot GenAI tool to 'modernise workplace'
Updated On : 09 Jul 2024 | 3:21 PM IST

Nomura has high hopes from Infosys, Coforge ahead of Q1FY25 results

Given the bottoming out of revenue growth rate, analysts expect the earnings per share (EPS) downgrade cycle to come to an end for the sector

Nomura has high hopes from Infosys, Coforge ahead of Q1FY25 results
Updated On : 02 Jul 2024 | 10:33 AM IST

Nifty IT index jumps 2%; Tech Mahindra, Persistent trade at 52-week highs

The Nifty IT index has outperformed surging 14% in the last one month owing to the recent portfolio shift after the election outcome, and hope for a better calendar year 2025.

Nifty IT index jumps 2%; Tech Mahindra, Persistent trade at 52-week highs
Updated On : 01 Jul 2024 | 12:42 PM IST

AI to usher in era of technological prowess: Tech Mahindra Chairman

IT firm to follow 'three-pronged' strategy for revenue and profitability predictability, says Mohit Joshi

AI to usher in era of technological prowess: Tech Mahindra Chairman
Updated On : 28 Jun 2024 | 1:31 PM IST

Tech Mahindra launches indigenous LLM Indus in collab with Dell and Intel

Initially the LLM will support Hindi language and more than 37 of its dialects

Tech Mahindra launches indigenous LLM Indus in collab with Dell and Intel
Updated On : 28 Jun 2024 | 7:01 PM IST

Tech Mahindra, IBM to assist businesses worldwide in adoption of GenAI

IT company Tech Mahindra on Thursday said it has collaborated with IBM to assist businesses worldwide in responsibly accelerating the adoption of generative AI (GenAI). Under the partnership, TechM amplifAI and IBM watsonx will integrate to bring new GenAI and governance capabilities to enterprises, according to a company statement. "Our work with Tech Mahindra is expected to expand the reach of watsonx, allowing even more customers to build trustworthy AI as we seek to combine our technology and expertise to support enterprise use cases such as code modernisation, digital labour, and customer service," IBM Ecosystem General Manager Kate Woolley said.

Tech Mahindra, IBM to assist businesses worldwide in adoption of GenAI
Updated On : 16 May 2024 | 3:30 PM IST

Tech Mahindra partners with Atento to offer GenAI-powered services

IT company Tech Mahindra on Tuesday said it has partnered with Spain-based Atento to provide generative AI-powered solutions and services to global enterprises. Atento is a customer relationship management (CRM) and business transformation outsourcing (BTO) company in Latin America. "The partnership will deliver end-to-end business transformation solutions and services that leverage Generative AI-powered technologies, as well as customer experience (CX) consulting for customers in the United States, Europe, the Middle East, and Africa and Latin American regions," the company said in a statement. The partnership will provide a comprehensive suite of business process outsourcing (BPO) solutions and services in more than 50 languages, it added.

Tech Mahindra partners with Atento to offer GenAI-powered services
Updated On : 30 Apr 2024 | 5:44 PM IST

Lok Sabha elections outcome: This sector has gained every time since 2004

Unlike other general election years, analysts expect the Nifty IT index to underperform the markets in the near-term amid muted demand environment and client caution around discretionary spends

Lok Sabha elections outcome: This sector has gained every time since 2004
Updated On : 26 Apr 2024 | 8:07 AM IST

Tech Mahindra Q4: Stock zooms 13% as management eyes 'turnaround' in FY25

Tech M stock price: The management indicated that FY25 will be a year of turnaround followed by stabilisation in FY26 and strong returns from FY27

Tech Mahindra Q4: Stock zooms 13% as management eyes 'turnaround' in FY25
Updated On : 26 Apr 2024 | 10:06 AM IST

Tech Mahindra Q4 results: Net profit drops 40% to Rs 661 cr; income down 5%

Tech Mahindra Q4FY24 results: The company announced an interim dividend of Rs 28 per share

Tech Mahindra Q4 results: Net profit drops 40% to Rs 661 cr; income down 5%
Updated On : 25 Apr 2024 | 4:06 PM IST

Q4 results: Weak communications show dials down Tech Mahindra revenue

Ahead of the earnings, Tech Mahindra's shares were up 0.3 per cent to close at Rs 1,190.10 on the Bombay Stock Exchange.

Q4 results: Weak communications show dials down Tech Mahindra revenue
Updated On : 25 Apr 2024 | 7:07 PM IST

Tech Mahindra and Bajaj Fin among 38 firms to report Q4 results today

TCS, Infosys, and Wipro are IT majors that have already declared their numbers for the quarter

Tech Mahindra and Bajaj Fin among 38 firms to report Q4 results today
Updated On : 25 Apr 2024 | 12:53 PM IST

Breakout stocks: CoForge, TechM, Sonata can rally up to 14%, suggest charts

The Nifty IT index as underperformed the benchmark Nifty 50 so far this year. Will the upcoming Q4 results revive sentiment at these counters? Charts suggest that these 4 IT stocks look promising.

Breakout stocks: CoForge, TechM, Sonata can rally up to 14%, suggest charts
Updated On : 05 Apr 2024 | 12:25 PM IST

F&O strategy: Bull spread recommended on Tech Mahindra for April series

Nandish Shah of HDFC Securities recommends to Buy Tech Mahindra 1300 CALL and simultaneously Sell 1340 CALL for the April expiry.

F&O strategy: Bull spread recommended on Tech Mahindra for April series
Updated On : 05 Apr 2024 | 6:35 AM IST

'We are leveraging AI and GenAI to build a strong cyber security defence'

Pallavi Katiyar, CIO, Tech Mahindra shares how the company is integrating AI and GenAI capabilities in its threat detection algorithms and more

'We are leveraging AI and GenAI to build a strong cyber security defence'
Updated On : 27 Mar 2024 | 5:06 PM IST

Tech Mahindra announces merger of two subsidiaries based in the US

Tech Mahindra Americas (TMA) was started in the US in 1993 and provides computer consulting, programming support services, and IT management & consulting services

Tech Mahindra announces merger of two subsidiaries based in the US
Updated On : 24 Mar 2024 | 9:03 PM IST

Tech Mahindra to merge two US-based subsidiaries to optimise costs

IT services and consultation company Tech Mahindra said it plans to merge its two wholly-owned subsidiaries, Born Group and Tech Mahindra (Americas), to synergise business operations, optimise operational cost, and reduce compliance risks. The merger is subject to regulatory approvals in the country of incorporation. According to a regulatory filing, the appointed date of the plan of merger is April 1, 2024. "A Plan of Merger of Born Group, Inc., a wholly-owned step-down subsidiary of the Company with its parent company viz. Tech Mahindra (Americas) Inc., a wholly-owned material subsidiary of the Company, has been approved by the respective companies on Friday, 22nd March 2024," the company said. While BORN specializes in providing Brand strategy, visual design, brand identity exploration, and more for digital products, mobile apps, and physical products in the US, TMA provides computer consulting, programming support services and IT Management & Consulting Services. Tech Mahindra

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Updated On : 24 Mar 2024 | 1:58 PM IST

Tech Mahindra, Pegatron ink MoU to develop AI-enabled private 5G networks

The partnership will enable the two companies to find global prospects collaboratively, with Pegatron offering the 5G connectivity layer and Tech Mahindra delivering end-to-end 5G services

Tech Mahindra, Pegatron ink MoU to develop AI-enabled private 5G networks
Updated On : 28 Feb 2024 | 2:13 PM IST

Tech Mahindra slips 6% as investors book profit post Q3FY24 results

Ahead of the result, the stock rallied 13 per cent in two weeks. It had hit a 52-week high of Rs 1,416 on January 23

Tech Mahindra slips 6% as investors book profit post Q3FY24 results
Updated On : 25 Jan 2024 | 10:12 AM IST

Stocks to Watch today: Bajaj Auto, Tata Steel, Tech M, TVS Motor, IOC, BoB

Stocks to watch on Thursday, January 25, 2024: Among companies announcing Q3 results yesterday, Tata Steel reported a turnaround while IOC and Ceat postged a 10-fold and 5-fold jump in net profit.

Stocks to Watch today: Bajaj Auto, Tata Steel, Tech M, TVS Motor, IOC, BoB
Updated On : 25 Jan 2024 | 7:51 AM IST