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Why Tech Mahindra, Wipro and other IT stocks are destroying investors’ fortunes | Jobs Vox

[ad_1] Since the start of 2022, information technology (IT) stocks have significantly underperformed the Nifti 50 index. The index has fallen 27 percent, more than double the 12 percent decline in the Nifti. This sharp decline comes after a strong upward movement in 2020 and 2021; In 2020, the BSE IT index rose by 57 … Read moreWhy Tech Mahindra, Wipro and other IT stocks are destroying investors’ fortunes

| Jobs Vox

Tech Mahindra Hits One-Year Low; the stock is down 45% from its 52-week high | Jobs Vox

[ad_1] Shares of Tech Mahindra hit a one-year low of Rs 1,012.50, down 1 percent on BSE in intraday trade on Thursday. The share price nearly halved from its 52-week high of Rs 1,838 after the company reported weak margins during Q4FY22. Shares of the information technology (IT) company traded at their lowest level since … Read moreTech Mahindra Hits One-Year Low; the stock is down 45% from its 52-week high

| Jobs Vox

Tech Mahindra started the transformation 6 quarters ago and will continue to evolve: CFO | Jobs Vox

[ad_1] “Transformation projects have flourished around the world and we have benefited from it. When we connect the macro commentary with the micro, which is our data in terms of pipelines, projects and conversations we have with our customers around the world, we don’t see any impact from the macro narrative right now. Our pipeline … Read moreTech Mahindra started the transformation 6 quarters ago and will continue to evolve: CFO

| Jobs Vox

Tech Mahindra has come on board as the digital partner for the Chess Olympiad | Jobs Vox

[ad_1] Tech Mahindra has come on board as the digital partner for the 44th FIDE Chess Olympiad Viswanathan Anand, five-time world chess champion, teams up with Tech Mahindra to advise on next-generation chess technology and engagement Lausanne – June 1, 2022: The International Chess Federation and All India Chess Federation are strengthening their partnership with … Read moreTech Mahindra has come on board as the digital partner for the Chess Olympiad

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Tech Mahindra shares fall 40% in 2022 amid IT sell-off. Good levels to buy? | Jobs Vox

[ad_1] Tech Mahindra’s share price has been under the heat of the sell-off after entering the new year of 2022. Year-to-date (YTD), these IT stocks have fallen from approx ₹1784 to ₹1108 levels a piece, recording a decline of nearly 40 percent in this period. According to stock market experts, Tech Mahindra shares have been … Read moreTech Mahindra shares fall 40% in 2022 amid IT sell-off. Good levels to buy?

| Jobs Vox

Tech Mahindra Opens 5G Innovation Lab in Bellevue, VA | Jobs Vox

[ad_1] BELLEVUE, Wash.–(BUSINESS WIRE). The innovation lab in Bellevue, VA will curate vertical solutions in the telecommunications space to help clients realize their future business ambitions through 5G and related technology. The lab will combine an ecosystem of partners (both telecom and cloud) and help build end-to-end solutions for businesses. The Innovation Lab will witness … Read moreTech Mahindra Opens 5G Innovation Lab in Bellevue, VA

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After pledging $955 million for the acquisition, Tech Mahindra will focus on integrating the firms | Jobs Vox

[ad_1] Having committed over $955 million (about Rs 7,353 crore) to acquire 10 companies in the immediate past, Tech Mahindra will be less acquisitive in the new fiscal year and focus on integrating them, a senior company official said. Mahindra Group, with revenues of nearly $6 billion in FY22, will look at acquisitions opportunistically … Read moreAfter pledging $955 million for the acquisition, Tech Mahindra will focus on integrating the firms

| Jobs Vox

Tech Mahindra brings the experience of composites to fly and drive the eVTOL | Jobs Vox

[ad_1] Photo: Aska Tech Mahindra (Pune, India), a provider of digital transformation, consulting and business reengineering services, is to collaborate with ASKA (Los Altos, CA, USA), a ride-hailing company that offers passengers a next-generation vehicle combining the comfort of a car, with safety, the ease and efficiency of vertical take-off and landing (VTOL) and short … Read moreTech Mahindra brings the experience of composites to fly and drive the eVTOL

| Jobs Vox

Tech Mahindra announces its entry into the metaverse with the launch of TechMVerse | Jobs Vox

[ad_1] BENGALURU : Information Technology (IT) services major Tech Mahindra Ltd has entered the metaverse with the launch of TechMVerse, to offer interactive and immersive user experiences. The company plans to hire and train 1,000 employees for TechMVerse in the first year. Initially, operations will be spread across Dallas, London, Pune and Hyderabad. “With the … Read moreTech Mahindra announces its entry into the metaverse with the launch of TechMVerse

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Tech Mahindra buys CTC, invests in cyber insurance business | Jobs Vox

[ad_1] by Joe Panettiere • January 23, 2022 Tech Mahindra has acquired CTC (Com Tec Co IT), a provider of IT solutions and services to clients within the insurance and financial services sectors. The purchase price was 352 million dollars. A valuation based on an EBITDA multiple was not disclosed. This is the 100th tech … Read moreTech Mahindra buys CTC, invests in cyber insurance business

| Jobs Vox

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