Recent Event Highlights: Tech Mahindra bags Rs 1,500-cr credit, Tech Mahindra approached Satyam for merger, Tech Mahindra's Q2 net rises 67% despite BT hit, BT stake sale may dent investor confidence in Tech Mahindra, Tech Mahindra outlines Rs 638-cr capex plan, Tech Mahindra to invest $150 mn in 3 yrs, and 8 more...
Created by dipity on Apr 13, 2009
Last updated: 10/20/10 at 06:21 AM
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Hindu Business LineMain suitors for Satyam… but will there be a dark horse?Hindu Business Line, IndiaMr Vineet Nayyar, Vice-Chairman & CEO, Tech Mahindra. Seen as a formidable opponent for L&T in the bidding process, Tech Mahindra is hoping to pen its perfect diversification strategy through the Satyam purchase. Bringing Satyam into its fold would ...Tech Mahindra wins Satyam bid owning 31% stake Newstrack IndiaHow Tech Mahindra won the Satyam bid RediffTHE BIG SALE:Three-horse Race for Satyam CXOToday.comSamayLive - Nhatky.inall 590 news articles
http://www.thehindubusinessline.com/2009/04/13/stories/2009041350630200.htm
TopNewsProspective bidders meet Satyam board to seek clarification on ...TopNews, India... bidders - L&T CFO YM Deosthalee and director JP Nayak; and Tech Mahindra CEO Vineet Nayyar and president CP Gurnani - separately met the Satyam board on Friday, seeking clarifications on certain issues before their go-ahead with the financial bids. ...Satyam update on stake sale tomorrow Business Standardall 125 news articles
http://www.topnews.in/prospective-bidders-meet-satyam-board-seek-clarification-liability-position-2147130
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...When contacted by ET, Tech Mahindra CEO, Vineet Nayyar declined to comment. All the potential suitors that have registered for Satyam have been sent a request for proposal (RFP) by the Satyam board and are expected to submit an EoI by March 20. The RFP states...
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Big News Network
http://feeds.bignewsnetwork.com/?rid=22913685&cat=d805653303cbbba8
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...by 0500 GMT, while shares in Satyam were trading up 4.25 per cent at 174 rupees on hopes of deal, despite a denial from Tech Mahindra. Vineet Nayyar, vice chairman and managing director of Tech Mahindra, said the company had not approached Satyam or its merchant...
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A Pakistan News
http://www.apakistannews.com/tech-mahindra-approached-satyam-for-merger-98842
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...all this while, it has taken a downwards turn in second quarter only. Responding to analyst queries, Vineet Nayyar, vice chairman, MD & CEO, Tech Mahindra, said, There are some indications of cost-cutting from BT. This is why we see the de-growth in the...
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DNA India
http://www.dnaindia.com/report.asp?newsid=1200054
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...providers and upgrade its services. The money will be used largely to build network sites, the source added. Vineet Nayyar, vice chairman, managing director and CEO, Tech Mahindra said, We do not comment on speculations. The Tech Mahindra scrip closed at...
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Expressindia.com
http://www.financialexpress.com/news/BT-stake-sale-may-dent-investor-confidence-in-Tech-Mahindra/362742/
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... Info-Tech - Software Paul Noronha Mr Anand Mahindra (right), Chairman, Tech Mahindra, and Mr Vineet Nayyar, Vice-Chairman & Managing Director and CEO, at the company’s AGM in Mumbai on Tuesday. — Large-scale contracts BT Group Deal ...
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Hindu Business Line
http://www.thehindubusinessline.com/2008/07/23/stories/2008072350400400.htm
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...Chairman Anand Mahindra told shareholders at the 21st Annuam General Meeting of Tech Mahindra here on Tuesday. Tech Mahindra Vice-Chairman, Managing Director and Chief Executive Officer Vineet Nayyar later said that the investment would be made to set...
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Malaysia Sun
http://story.malaysiasun.com/index.php/ct/9/cid/d805653303cbbba8/id/16350792/
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...the way it does business. Deliver what you promise. And deliver it upfront. This seems to be the mantra for Vineet Nayyar and his team at software exporter Tech Mahindra. Making upfront payments to the prospective client — which is akin to sharing the cost...
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Hindu Business Line
http://www.thehindubusinessline.com/ew/2008/07/07/stories/2008070750160400.htm
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...policies and access to a pool of high quality software professionals," Tech Mahindra managing director and CEO Vineet Nayyar said. Tech Mahindra, a subsidiary of Mahindra and Mahindra, has over 600 IT employees at its Chandigarh development centre. The company...
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Rediff
http://www.rediff.com/rss/redirect.php?url=http://www.rediff.com/money/2007/nov/15mah.htm
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...epicentre within the city and upgrading vocational skills of our people,' Keshub Mahindra said at the ceremony. Tech Mahindra vice-chairman Vineet Nayyar said that the company chose Chandigarh for setting up the software campus due of its rapidly developing...
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Earthtimes.org
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http://www.earthtimes.org/articles/show/141882.html
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...aimed to develop capabilities among students according to the requirements of the growing IT industry in the country," Tech Mahindra Ltd, Vice Chairman and MD, Vineet Nayyar told reporters here on Friday. The company plans to establish these schools in Chandigarh,...
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Sify
http://sify.com/finance/fullstory.php?id=14504564
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...telecom sphere. Tech Mahindra's ability to leverage its domain expertise has helped it to show satisfactory results." Vineet Nayyar, vice chairman & managing directo, Tech Mahindra said: "Tech Mahindra has witnessed a good quarter thanks to a rapid progress...
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Business Standard
http://feeds.feedburner.com/~r/Business-Standard-News-Now/~3/135254563/storypage_c.php
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...were 2,694, while ultilisation, including trainees, stood at 67%. Attrition was much higher than its peers at 22%. Tech Mahindra’s vice-chairman and managing director Vineet Nayyar termed it a cause of concern, but did not elaborate. On the revenue front,...
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Malaysia Sun
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http://story.malaysiasun.com/index.php/ct/9/cid/d805653303cbbba8/id/6631063/
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...cent and 8 per cent of our revenues from the US, Europe and rest of world regions respectively," according to Mr Vineet Nayyar, Vice-Chairman and Managing Director, Tech Mahindra, at press meet. On a sequential basis, the company's net profit, excluding one-time...
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Hindu Business Line
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http://www.thehindubusinessline.com/2007/01/20/stories/2007012003210400.htm
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...and global delivery capability to implement our growth strategy and create value for our customers,” said Vineet Nayyar, vice-chairman and managing director of Tech Mahindra. The company’s total number of clients rose to 78 from 70, while the number of clients...
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Business Standard
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http://feeds.feedburner.com/~r/Business-Standard-Companies-Industry-Corporate-Data/~3/77436459/storypage_c.php
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...at
enhancing our brand name and providing liquidity to our existing shareholders,
including our employees,” Vineet Nayyar, vice-chairman and managing
director, Tech Mahindra, said.
Tech Mahindra reported a net profit of
Rs 106.6 crore for the quarter...
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Economic Times
http://economictimes.indiatimes.com/articleshow/1815233.cms
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... IN EXPANSION MODE: Anand Mahindra (right), Chairman, Tech Mahindra, with Vineet Nayyar, Vice-Chairman and Managing Director, addressing a press conference in Mumbai on Wednesday. The company will be issuing 12.7 million equity shares of Rs. 10...
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The Hindu
http://www.thehindu.com/2006/07/27/stories/2006072706311800.htm
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...and the listing is a strategic step in this direction.''
Addressing the media here on Wednesday, Vineet Nayyar, Vice Chairman, MD and CEO, Tech Mahindra, said the company's employee strength had been growing steadily from 4,900 in 2004-05 to 9,600...
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Malaysia Sun
http://story.malaysiasun.com/p.x/ct/9/id/ae4e77796d660102/cid/d805653303cbbba8/
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... IPO PLANS: Mr Vineet Nayyar, Vice-Chairman & Managing Director and CEO, Tech Mahindra, at a press conference announcing the company's IPO plans in Mumbai on Wednesday. Shashi Ashiwal Tech Mahindra, a joint venture between Mahindra & Mahindra...
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Hindu Business Line
http://www.thehindubusinessline.com/2006/06/22/stories/2006062204301500.htm
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...house all the amenities required for around 5,000 software engineers under the walk to work concept, said Vineet Nayyar, vice-chairman and MD of Tech Mahindra. The Calcutta campus will be a centre of excellence for providing billing solutions in association...
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Calcutta Telegraph
http://www.telegraphindia.com/1060621/asp/business/story_6378637.asp
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...in Kolkata. Implementation of the first phase of the project would entail an investment of Rs 80 crore, Mr Vineet Nayyar, Vice-Chairman and Managing Director of Tech Mahindra, told a press conference held here on Tuesday.
Spread over 12...
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Hindu Business Line
http://www.thehindubusinessline.com/2006/06/21/stories/2006062104461900.htm
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...contribution has helped BT to reach an advantageous position on the forefront of the technological wave," said Vineet Nayyar, vice chairman and managing director of Tech Mahindra. "We are ready to go forward with this unique experience and learning, and to...
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New Kerala
http://www.newkerala.com/news2.php?action=fullnews&id=11208
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