niftify.in

Mint

JM Financial explains how US Fed’s 50 bps rate cut will impact the IT sector

The US Federal Reserve's 50 basis points rate cut is expected to have a gradual impact on the IT sector, with companies like Tech Mahindra positioned to benefit from reduced interest burdens. JM Financial cautions against immediate spending boosts due to ongoing economic uncertainties.

Mint

Stocks at 52-week high: ICICI Bank to HCL Tech — 300 shares hit one-year high on Tuesday. Do you own any?

Stocks at 52-week high: Almost 300 stocks, including ICICI Bank, HCL Tech, Bharti Airtel and Tech Mahindra, hit fresh 52-week highs in intraday trade on the BSE on Tuesday, September 17.

The Economic Times

Tech Mahindra Share Price Today Live Updates: Tech Mahindra Closes at Rs 1656.05 Amidst Diminished Trading Activity

undefined

CNBC TV18

Tech Mahindra shares may fall over 23%, says Citi

Tech Mahindra share price: Citi has a sell call on the IT stock and has set the target price at ₹1,260, implying it sees a potential downside of 23.5% from the closing price of September 2.

Mint

Nifty IT index rises over 1.7% on US Fed rate cut signal, 3 stocks including Tech Mahindra touch new 52-week highs

Indian IT stocks have continued their bullish momentum in today's session, leading the Nifty IT index to rise by 1.8%. All 10 index constituents are currently trading in positive territory, with HCL Technologies, Persistent Systems, and Tech Mahindra hitting new 52-week highs.

Hindustan Times

Nifty, Sensex open on higher note amid positive global cues, IT shares rally

Sensex and Nifty opened higher due to positive global cues, with major gains in ONGC, Wipro, and Tech Mahindra.

Mint

Axis Securities lists KPIT Tech and Persistent Systems as top Tier-2 IT sector picks post Q1 earnings

Post the Q1 earnings, Among Tier-1 tech companies, the brokerage likes Infosys and Tech Mahindra, while KPIT Tech and Persistent Systems are its preferred picks within the Tier-2 segment.

The Economic Times

Mahindra Thar Roxx launched in India: Check this five-door SUV, price, and features

Mahindra Thar Roxx launched in India, offering a five-door version of the iconic SUV. Starting at Rs 12.99 lakh, it features petrol and diesel options, advanced safety tech, and a premium interior, catering to off-road enthusiasts.

The Economic Times

Kotak Mahindra Bank says it has to do more to leverage technology

Kotak Mahindra Bank's new chief emphasizes tech transformation despite RBI ban. Auditors highlight IT system complexities affecting financial reporting. Industry experts link RBI actions to the bank's 811 offering success. The bank shows growth in customer base and financial metrics.

The Economic Times

Mahindra & Mahindra selects ABB technology for new EV paint facility

M&M partners with ABB using PixelPaint tech to offer precise finish application without disrupting production line for personalization options on new EVs, marking a significant advancement in the automotive industry.

Hindustan Times

Why this tech boss thanked Sam Altman after building Indian LLM under $5 million: ‘For daring us to dream’

Tech Mahindra developed an Indian LLM that can communicate in about 40 different local languages and dialects.

Business Line

Tech Mahindra collaborates with Intel and Dell Technologies to Launch Project Indus LLM

The company claims this solution will simplify the deployment of advanced AI models for enterprises

Business Standard

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

The Economic Times

Tech Mahindra CEO Mohit Joshi says FY25 will be turnaround year

As per Tech Mahindra chairman Anand Mahindra, as organisations strive to stay ahead in the digital race, IT services will play a key role in enhancing technology by integrating AI seamlessly into the core business functions. “The race does not necessarily belong to the large or the most specialised. The winners will be companies that are agile, well-prepared and can scale at speed,” he said.

Business Standard

Tech golden thread that binds enterprise' work to future: Anand Mahindra

Technology is a golden thread binding an organisation's work to its future vision, and the power of artificial intelligence (AI) can strengthen this thread, said Tech Mahindra chairman Anand Mahindra. Penning his thoughts in the annual report 2023-24 of IT services and consultation company Tech Mahindra, the billionaire businessman said it is impossible to talk about any business today without talking about technology. "Technology is the Golden Thread that binds what an organisation is doing today with the future world it is trying to create. Across multi-business organisations, it enables synergy and creates unexpected business connections. Across industries, it creates collaboration and transformation," he wrote. Mahindra, 69, said the future belongs to those who can creatively weave this Golden Thread into a value-enhancing business tapestry. He said IT services will play a pivotal role in enhancing Golden Thread by integrating AI seamlessly into the core business functions. "F

Mint

Mahindra Group chairman Anand Mahindra says Tech Mahindra partnering with group companies to transform them

In a letter to shareholders of Tech Mahindra, Mahindra Group and Tech Mahindra chairman Anand Mahindra said the IT services firm is helping drive transformation across the group's businesses and locations.

The Economic Times

Technology a golden thread that binds enterprise' work to future world; AI strengthens it: Anand Mahindra

Anand Mahindra said the future belongs to those who can creatively weave this golden thread into a value-enhancing business tapestry. Penning down his thoughts in the annual report 2023-24 of Tech Mahindra, the billionaire businessman said it is impossible to talk about any business without technology.

The Economic Times

Indian office market shows strong growth in H1 2024

The Indian office market showcased resilience in H1 2024 with significant office leasing and new supply growth. Occupiers' confidence, highlighted by major players like HCL Technologies and Tech Mahindra, spurred demand for quality office spaces.

Business Line

Tech Mahindra stock rises on merger plans of Healthnxt with Tech Mahindra (Americas)

As per the stock exchange filing, the merger is subject to regulatory approvals and will be effective from July 1, 2024

The Economic Times

F&O Radar: Deploy Bull Call Spread in Tech Mahindra to capitalise from potential upmove

On June 6, a golden crossover was also formed on the chart, an indication of a potential bullishness of the security, when the 10-day EMA crossed over the 20-day EMA.