Of the intended investment, Rs10,000 crore will be classified as capex for expanding production capacity of Mahindra UVs, tractors and commercial vehicles
1 min read29 May 2018Tech Mahindra still believes it has sufficient margin levels at work, such as automation, improvement in performance of subsidiaries and optimization of the onshore-offshore workforce mix
2 min read28 May 2018Mahindra shares touched a high of Rs1,430.70 a level last seen on 4 October 2016 and gained as much as 5.04% in intraday
1 min read31 May 2017Mahindra's operating profit contracted 4.4% in fourth quarter due to weak auto sales and discounts offered following Supreme Court ban on BS-III vehicles
1 min read31 May 2017Analysts are peeved about high compensation structure for top executives at Tech Mahindra, especially in light of its performance
3 min read30 May 2017Tech Mahindra shares touched a low of Rs357.60 a piecea level last seen on 8 October 2013 and fell as much as 16.7%, its steepest fall since 22 January 2008
2 min read29 May 2017Tech Mahindra's consolidated profit for the quarter ended 31 March fell 33% to Rs5.90 billion on weak margins and higher cost of services
1 min read27 May 2017Kotak Mahindra Bank's Q4 net profit rises on the back of higher net interest income and other income
1 min read27 Apr 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared