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The Latest Breaking News from Tech Mahindra

Bengaluru to host fourth season of Global Chess League

The Global Chess League is set for its fourth season in Bengaluru starting September 3. This edition will feature top global players in a team-based format. The league, a collaboration between Tech Mahindra and FIDE, has previously introduced innovations like franchise teams and mixed-gender lineups. India's chess prowess is highlighted…

The Economic Times

TCS, Infosys, other IT stocks crash up to 7% after 3-day rally. What top brokerages are saying?

IT stocks, including TCS, Infosys, HCL Tech, Wipro and Tech Mahindra, fell sharply on Wednesday, following a three-day rally. Despite AI-related disruption concerns, brokerages such as CLSA, Nuvama and Choice Institutional Equities remain optimistic, citing resilient earnings, strong order books and expanding enterprise AI opportunities.

The Economic Times

Market wrap: Sensex rises 383 points, Nifty closes near 23,500 as IT stocks shine

Indian stock market staged a sharp recovery, with Sensex and Nifty erasing morning losses to snap a four-session losing streak, led by a strong surge in IT stocks including heavyweight TCS, Infosys, HCL Tech and Tech Mahindra.

The Economic Times

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Why did market fall today? Sensex drops 500 points, Nifty closes below 23,400: 4 key factors

Indian stock markets experienced a sharp decline on Monday. The Sensex and Nifty both fell significantly. This downturn was driven by substantial foreign investor selling and growing concerns over the Iran-US conflict. Rising oil prices and increased market volatility also contributed to the negative sentiment. While IT stocks showed resilience,…

The Economic Times

Infosys, Tech Mahindra, TCS and other IT stocks jump up to 5%. What’s driving the rally?

Indian IT stocks rose sharply on Monday, lifting the Nifty IT index nearly 3%, as investors reassessed AI-related fears, attracted by attractive valuations and upbeat sector outlooks. Optimism around potential US rate cuts and positive technical signals further fuelled buying in Infosys, Tech Mahindra, TCS and other IT majors.

The Economic Times

Infosys, OFSS, TechM, other IT stocks gain up to 3% despite weak market sentiment. Here's why

IT stocks such as Infosys and Oracle Financial Services Software gained, while LTIMindtree, Coforge, Tech Mahindra, Mphasis and Persistent Systems also posted strong gains. Meanwhile, the BSE Sensex and Nifty 50 dropped over 1% as the rupee hit a record low and bond yields surged to all-time highs.

The Economic Times

Employee wins Rs 50,000 compensation from EPFO for 10-year delay in processing EPF transfer claim

The Chandigarh Consumer Commission ruled that the EPFO cannot use software issues as an excuse for a decade-long delay in transferring an employee's PF funds. Despite the EPFO's claims of technical difficulties, the commission found an inordinate and unexplained delay, amounting to deficiency in service. The EPFO was directed to…

The Economic Times

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An AI jobs apocalypse? The CEO of Tech Mahindra is not so sure

The real disruption may not be job loss, but a complete rewrite of what it means to work according to Mohit Joshi.

Fortune

The narrative around AI must change from job loss to enablement, says Tech Mahindra CEO

Speaking to Euronews in Dubai at the World Governments Summit, Mohit Joshi, CEO of Tech Mahindra outlined the impact of AI on their clients, the narrative around ai today and the potential of the historic free trade agreement between the UK and India.

Euronews

IT Power Couple: Wife Chooses Career Over Mother-in-Law, Husband Files for Divorce

In a story that has ignited widespread debate across social media and news platforms in India, a tech couple who appeared to have built an enviable life together have reportedly parted ways after a dispute over career priorities and caregiving responsibilities - a case that has raised questions about traditional…

Times Life

Ravichandran Ashwin buys team in Global Chess League

NEW DELHI: Star Indian spinner Ravichandran Ashwin has ventured into the world of chess by becoming a co-owner of the American Gambits. This newly formed team is set to participate in the upcoming second edition of the Global Chess League, a collaborative initiative between Tech Mahindra and the International Chess…

The Times of India

Robotics, cloud application are the key areas in IT, says Tech Mahindra official

Talented software engineers have huge employment opportunities in robotics and cloud application, according to Anuj Bhalla. VIT founder-chancellor G. Viswanathan urged the Centre to increase fund allocation for higher education and research. Over 13,000 students will take part in 150 technical events at the 3-day graVITas programme with $20 lakh…

The Hindu

This league will be an inspiration for organisers all over the world, says Humpy

This league will be an inspiration for organisers all over the world,

The Hindu

Sensex, Nifty rise for 2nd day on gains in oil, IT & auto shares

MUMBAI: Benchmark sensex pared early losses to close 242 points higher while Nifty settled above the 18,000-mark on Wednesday following gains in IT, oil and select banking stocks amid mixed global trends.

The Times of India

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The Times of India

Sensex tanks 879 points, Nifty settles at 18,415: Factors behind today's market crash

NEW DELHI: Equity indices tumbled on Thursday tracking weak cues from global markets amid hawkish stance from US Federal Reserve.

The Times of India

Tech Mahindra to hire 3,000 people in Gujarat over next five years

MUMBAI: Country's fifth largest IT services exporter Tech Mahindra on Tuesday announced it will be hiring 3,000 people in Gujarat over the next five years.

The Hindu

Google brings ‘Street View’ to India

Company gets clearence after previous two attempts were turned down on the basis of security concerns

The Hindu

Economic growth, new jobs matter, politics can wait: KTR

‘Even 75 years after Independence, we remain a third world country’

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The Hindu

Hybrid work model catching on in India

Only 5% of respondents intend to work in virtual mode

The Times of India

Gujarat IT-IT enabled services policy lures sector biggies

AHMEDABAD: Gujarat, a state which once was said to have missed the IT bus, is now attracting big-ticket investments in IT and ITes sectors, reports Parag Dave. Samsung, IBM and Tech Mahindra are scouting for offices in Ahmedabad and GIFT City, eyeing to set up customer support, data, research, and…

The Times of India

Sensex jumps over 425 points; Nifty tests 16,500

MUMBAI: Snapping its four-day losing run, equity benchmark sensex jumped 427 points to settle at 55,320 on Thursday, tracking heavy buying in index majors Reliance Industries, Bharti Airtel and Tech Mahindra despite a weak trend overseas.

The Times of India

Govt to ink pacts with tech giants to skill up Uttar Pradesh’s youth

LUCKNOW: The state government will collaborate with information technology companies to skill youths and generate employment opportunities for them in the sector. The department of vocational education and skill development has chalked out a plan to collaborate with private companies like Tata Technologies, HCL Technologies, Tech Mahindra, IBM (Richa) to…

The Hindu

Markets continue to fall for 2nd day; Sensex declines 85 points

Titan, Wipro, Tech Mahindra, Infosys, Maruti, Asian Paints, Larsen & Toubro, and SBI were among the major laggards, and NSE Nifty declining by 33.45 points or 0.20% to close at 17,069.10

The Hindu

Tech Mahindra forays into Metaverse

To build 1,000-member team in a year; Hyderabad to host 500-600 of them, says CEO

The Hindu

Tech Mahindra partners Mahindra Racing

Tech Mahindra will leverage a dynamic and unique eRace Track Analytics platform with live analytics, wind tunnel simulations, and AI powered systems to develop next-generation green automotive solutions

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