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Rs 1.72 crore fine on L&T, Tech Mahindra for delay in Pune Smart City projects

June 27, 2021 8:06 am

The board of directors of Pimpri-Chinchwad Smart City Corporation Ltd, though, in a meeting on Friday, agreed to provide the firms with a three-month extension for completion of the projects, even as it refused to offer them any reduction in fine.

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Cyber attack: BJP raises doubts, PCMC tells Tech Mahindra to submit probe report in 3 days

March 21, 2021 11:00 pm

According to the complaint lodged by Tech Mahindra, which manages the smart city project, servers of Chinchwad Smart City Project fell victim to a ransomware attack on February 26.

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Cyber attack: Tech Mahindra in soup as PCMC refuses to pay for loss, parties seek probe

March 15, 2021 1:19 am

According to the complaint lodged by Tech Mahindra, which manages the plan, servers of the Chinchwad Smart City Project suffered a ransomware attack that caused them an estimated loss of Rs 5 crore.

Tech Mahindra subsidiary sells stake in Altiostar to Rakuten for $45 million

September 23, 2020 5:48 pm

Rakuten Mobile and Tech Mahindra have also signed an agreement, where the Indian tech firm will be a preferred partner and provide technologies as well as software capabilities to support the development and deployment of mobile networks for global customers of RCP (Rakuten Communications Platform).

Tech Mahindra bags Rs 500-crore smart city project from Pune's PCMC

December 12, 2019 1:54 pm

Through this project, Tech Mahindra will engage with more than 15 lakh citizens of PCMC in Pune district by enabling technology-led transformation to convert it into a smart and sustainable city.

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Tech Mahindra Q2 profit rises 5.6 per cent to Rs 1,124 crore; to acquire Born Group

November 05, 2019 5:43 pm

Tech Mahindra on Tuesday posted 5.6 per cent increase in consolidated net profit at Rs 1,124 crore for the September quarter and said it will acquire US-based Born Group at an enterprise value of USD 95 million (approximately Rs 671 crore)

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Tech Mahindra inks defence contract worth Rs 300 crore

May 21, 2019 8:21 pm

Tech Mahindra President, India Business and Corporate Affairs Sujit Baksi said the order further cements the company's role as one of the leading system integrators globally.

Hyderabad HC sets aside ED order attaching Rs 822 crore fixed deposits of Tech Mahindra

December 31, 2018 5:43 pm

The ED attached the amount alleging that it was ill-gotten proceeds of Satyam Computers. A bench comprising Justices V Ramasubramanian and J Uma Devi set aside the ED's order.

Charges of homophobia, harassment: Tech Mahindra asks BPO services head to leave

September 16, 2018 2:02 am

Gautam allegedly also said, “If your mother is a prostitute, you’re a prostitute,” in reference to her belief that homosexuality is a result of one’s upbringing.

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TechM ex-employee accuses manager of discrimination against homosexuals; company promises probe

September 11, 2018 8:35 pm

Mahindra Group Chairman Anand Mahindra said the company is investigating the matter and "will ascertain the facts and see that the outcome is fair and just".