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MUMBAI/BENGALURU (Reuters) -Indian software services provider Tech Mahindra's chief executive expects 2025 to be better than last year, after subdued demand in its mainstay telecom segment led to ...
The stock currently trades at an attractive valuation, with a forward price-to-earnings (P/E) ratio of 21 based on analysts' 2025 estimates, and a forward price-to-earnings-to-growth (PEG) ratio ...
Companies are ranked by total revenues for their respective fiscal years ended on or before March 31, 2023. [1] All data in the table is taken from the Fortune Global 500 list of technology sector companies for 2023 [2] unless otherwise specified.
After the Satyam scandal of 2008–09, Tech Mahindra emerged as the top bidder for a 31% stake in Satyam Computer Services, beating a bid from Larsen & Toubro. [12] After evaluating the bids, the government-appointed board of Satyam Computer announced on April 13, 2009 that it had selected Venturbay Consultants Private Limited, a subsidiary of Tech Mahindra, as the highest bidder to acquire a ...
Mahindra & Mahindra: Automotive 129,004 37% 10,282 Mumbai 23 Grasim Industries: Diversified 122,283 24% 6,827 Mumbai 24 Maruti Suzuki India: Automotive 120,293 33% 8,211 New Delhi 25 Nayara Energy: Oil and gas 116,240 19% 9,426 Mumbai 26 Steel Authority of India: Iron and steel 111,501 6% 2,177 New Delhi Yes 27 Canara Bank: Banking 111,210 18% ...
The company reported $124.3 billion in sales in its fiscal 2025 first quarter, (which ended Dec. 28), up 4% from the year-ago quarter, and diluted earnings per share jumped 10% to $2.40.
The technologically inclined services sector in India accounts for 40% of the country's GDP and 30% of export earnings as of 2006, while employing only 25% of its workforce, according to Sharma (2006). According to Gartner, the "Top Five Indian IT Services Providers" are Tata Consultancy Services, Infosys, Wipro, Tech Mahindra, and HCL ...
For 2025 launches, we expect share to be between 100% and 20%. So we don't know. But I think we've been very clear about how we're modeling that business, and I think that's the assumption going ...