Tech Mahindra and Rakuten Mobile Network, a Japanese telecom firm, have entered into an agreement to set up 5G and 4G network labs in Tokyo and Bengaluru. Rakuten is close to launching fourth mobile network in Japan after NTT Docomo, KDDI and Softbank Group with investment of over $5 billion. Tech Mahindra will also provide … Read more
Mahindra CIE Automotive has reported results for third quarter ended September 30, 2018. The company has reported 73.80% rise in its net profit at Rs 42.58 crore for the quarter under review as compared to Rs 24.50 crore for the same quarter in the previous year. Total income of the company increased by 21.74% at … Read more
Tech Mahindra has won the coveted Golden Peacock Global Award for the excellence in corporate governance- 2018 instituted by Institute of Directors, Delhi (IOD). The Golden Peacock Awards are regarded as a benchmark of Corporate Excellence worldwide. The awards aim to promote business excellence by providing a Framework or Criteria for assessment that is based … Read more
Mahindra & Mahindra’s (M&M) subsidiary — Mahindra Agri Solutions (MASL) — has incorporated a subsidiary ‘Mahindra Summit Agriscience’ with effect from October 9, 2018, which in turn is a subsidiary of the company. Mahindra Summit Agriscience will undertake the business of manufacturing, distribution and retailing of fertilizers, agro chemicals, nutrients and all other types of … Read more
Tech Mahindra is expecting 30-40% growth in its cyber security business, at least for the next three years. The company recently signed partnership pact with security arm of Israel government-run Israel Aerospace Industries (IAI) to provide and develop a technical security solution for utility firms and critical infrastructure. Tech Mahindra is a leading provider of … Read more
Tech Mahindra will invest Rs 125 crore to create an all-green tech hub in Nagpur. This investment will create at least 2,500 jobs. Recently, the company has also won an order of supplying 150 electric sedans to the government-owned ESSL as part of the government push to an all-electric transportation system in the country by … Read more
New Fund offer opens for initial subscription from January 8, 2018 to January 22, 2018 Udaipur : Mahindra Asset Management Company Pvt. Ltd. (MAMCPL), the investment manager to Mahindra Mutual Fund anda wholly owned subsidiary of Mahindra Financewill launch Mahindra Unnati Emerging Business Yojana, Mid Cap Fund – An open ended equity scheme predominantly … Read more