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BT Online Bureau
New Delhi, March 7, 2014
Brokers said frenzied buying by funds and retail investors, driven by shrinking country's current account deficit and a firming trend in the Asian markets following overnight gains on the US market ahead of jobs report, helped the Sensex and Nifty to scale life-time highs.


PTI
Mumbai, February 5, 2014
Cheering the smart set of earnings that were declared post market hours on Tuesday, shares of Tech Mahindra opened the day on a firm note and further gained 4.49 per cent to Rs 1,849 on the BSE.


PTI
Mumbai, January 20, 2014
The 30-share barometer rose by 141.43 points, or 0.67 per cent, to close at 21,205.05 points. The IT sector index advanced the most rising by 2.83 per cent to 9,661.46. TCS rose by 5.53 per cent, Wipro by 3.77 per cent and Infosys by 0.59 per cent.


Rahul Oberoi/Money Today
January 2, 2014
Experts tell Money Today about their expectations from the various sectors. While business sentiment and policy reforms should pick up after the general elections in 2014, the investment cycle may take time for any significant revival.


PTI
New Delhi, November 29, 2013
The Board of Directors of both companies has approved a proposal to merge MES with Tech Mahindra, the firm said in a statement.


BT Online Bureau
New Delhi, November 8, 2013
Tech Mahindra reported 57.6 per cent rise in net profit to Rs 718.430 crore for the quarter ended September 30 2013.


BT Online Bureau
New Delhi, November 7, 2013
Net profit rose 4.7 per cent sequentially against Rs 686.3 crore in the first quarter of this fiscal.


Sunny Sen
November 9, 2013
The former HCL Tech CEO is loving every moment of his new role as a development guru in an organisation working to improve the lives of underprivileged children and farmers.


E. Kumar Sharma
October 24, 2013
With consistent growth behind it, as well as the merger with Mahindra Satyam in June, Tech Mahindra is trying to enter the top league of Indian IT companies.


PTI
Mumbai, October 12, 2013
The Reserve Bank enhanced the limit for foreign institutional investors (FIIs) to purchase shares in Tech Mahindra up to 45 per cent of the paid up capital of the company.


BT Online Bureau
Mumbai, September 17, 2013
Shares of Wipro surged 5.30 per cent to Rs 474.85. HCL Tech's scrip climbed 4.15 per cent while Tech Mahindra rose by 2.57 per cent, TCS by 2.22 per cent, Mindtree by 1.69 per cent and Infosys by 1.02 per cent.


BT Online Bureau
Mumbai, September 3, 2013
After making a bullish opening and touching its 52-week high intra-day, Tech Mahindra's scrip closed 1.81 per cent higher at Rs 1,399.70 on the Bombay Stock Exchange.


PTI
Mumbai, September 3, 2013
The Reserve Bank allowed Tech Mahindra to raise the purchasing limit of shares by foreign institutional investors in the company by up to 35 per cent of the paid up capital.


BT Online Bureau
Mumbai, August 28, 2013
Fall in value of the rupee against the US currency is broadly seen as positive for export-focussed sectors like the Indian IT space.


BT Online Bureau
Mumbai, August 8, 2013
Snapping a two-day losing streak, the BSE benchmark Sensex on Thursday rose over 124 points on emergence of buying support amid rupee gaining strength and global markets witnessing positive trends.


www.businesstoday.in
September 2, 2013
Money Today experts answer personal finance queries on tax, banking, investment and more.


BT Online Bureau
Mumbai, July 12, 2013
Shares of IT major Infosys on Friday ended with nearly 11 per cent gains, adding Rs 15,849 crore to its market value, after the company posted a near 4 per cent increase in consolidated net profit for the April-June quarter, meeting market expectations.


Dipak Mondal/Money Today
July 1, 2013
It is no secret that the big four - Infosys, TCS, Wipro and HCL Tech - of the Indian IT sector are facing margin pressures and moderation in revenue growth. Analysts look at mid-level IT firms that are available at lower valuations.


PTI
Hyderabad, June 25, 2013
Mahindra Satyam, which is set to merge with Tech Mahindra, on Tuesday said the Annual General Meeting (AGM) scheduled for July 31 has been cancelled.


E. Kumar Sharma
June 11, 2013
The Andhra Pradesh High Court has cleared the decks for the merger, after dismissing the petitions which opposed the move. There is speculation that the merged entity could be named \"Mahindra IT' or \"Tech Mahindra\".


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