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Tech Mahindra Limited (TECHM.BO)
- Insider Monkey
20 Asian Countries with the Best Work-Life Balance
In this article, we will take a look at the 20 Asian countries with the best work-life balance. If you want to skip our discussion on the work-life balance disparities, you can go directly to the 5 Asian Countries with the Best Work-Life Balance. Research reveals that over three-quarters of employees experience burnout in their […]
- Reuters
Indian IT firm Tech Mahindra's shares jump most in 8 years on turnaround plan
Tech Mahindra shares jumped 13.2% on Friday, their biggest intraday gain in nearly eight years, after India's No.5 IT company announced a turnaround plan that offered succour following declining revenue growth for the past three quarters. Including the day's move, Tech Mahindra is up 2% so far this year compared with a 4% fall in the IT index. Larger rival Infosys was down 6.8%, while Tata Consultancy Services was up 2.2%.
- Reuters
India's Tech Mahindra misses Q4 revenue estimates, unveils three-year turnaround plan
Tech Mahindra, India's fifth-largest software company, reported fourth-quarter revenue below analysts' estimates on Thursday and unveiled a three-year turnaround plan. Consolidated revenue fell 6.2% year-on-year to 128.71 billion rupees ($1.55 billion) in the January-March quarter. Analysts, on average, expected revenue of 129.55 billion rupees, as per LSEG data.
