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The Latest Breaking News from Tech Mahindra

Tech Mahindra CEO Mohit Joshi’s FY26 pay climbs 12% to Rs 67.5 crore

Tech Mahindra CEO Mohit Joshi's pay surged 11.7% to Rs 67.5 crore in FY26, surpassing peers at Wipro and TCS. This reflects the company's aggressive push into AI and its ongoing turnaround strategy. While median employee pay dipped, Tech Mahindra reported strong revenue and profit growth, with significant deal bookings…

The Economic Times

Infosys’ Salil Parekh topped IT CEO pay in FY26; here’s what the big chiefs made

Infosys’ Salil Parekh topped IT CEO pay in FY26; here’s what the big chiefs made

Infosys CEO Salil Parekh led the pack among top Indian IT executives in FY26, earning Rs 82.6 crore. Tech Mahindra's Mohit Joshi followed with Rs 67.55 crore. Wipro's Srinivas Pallia saw a pay dip, while TCS's K Krithivasan earned over Rs 28 crore. LTM's Venugopal Lambu also featured prominently for…

The Economic Times

Infosys, HCL Tech, Coforge, other IT stocks rise up to 3% a day after a massive crash. What lies ahead?

Infosys, HCL Tech, Coforge, other IT stocks rise up to 3% a day after a massive crash. What lies ahead?

IT stocks rebounded after a sharp sell-off triggered by Accenture’s guidance cut, with gains led by Coforge and Tech Mahindra. Analysts see valuations turning attractive but caution that volatility may persist. Technical indicators remain weak, with key support and resistance levels suggesting markets need stabilisation before any sustained recovery.

The Economic Times

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Stocks in news: Sun Pharma, Tech Mahindra, Tata Motors, Voltas, ONGC

Indian markets saw a dip on Friday, with IT stocks leading the decline. Analysts suggest profit-taking occurred near the 24,150 mark. Despite this, the broader recovery trend remains intact above 23,700. Several companies like Sun Pharma, Tata Motors, and ONGC are in focus due to significant business developments, including acquisitions,…

The Economic Times

Jio revs up IPO engine; Accenture shock sinks IT

Jio Platforms has kicked off its IPO process with the filing of its draft papers with Sebi. This and more in today's ETtech Top 5.

The Economic Times

Why did market fall today? Sensex slumps 600 points, Nifty closes below 24,050. IT selloff among 5 key triggers

Indian equities experienced a sharp decline on Friday, snapping a five-day winning streak as IT stocks faced heavy selling pressure. Weak global cues and the cancellation of US-Iran peace talks further dampened investor sentiment, leading to significant drops in the Sensex and Nifty.

The Economic Times

Former Tech Mahindra executive Rajashree R joins VC firm Kalaari Capital

Former Tech Mahindra executive Rajashree R has joined venture capital firm Kalaari Capital, bringing nearly two decades of IT sector experience. Her move follows a trend of senior IT leaders seeking opportunities in startups and investment firms amidst industry shifts driven by AI disruption.

The Economic Times

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Bengaluru to host fourth season of Global Chess League

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?

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

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

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

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?

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

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

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.

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.

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…

The Times of India

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…

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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…

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 Times of India

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

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.

Google brings ‘Street View’ to India

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

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

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

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