Tech Mahindra reports 29% increase in PAT, Board recommends dividend of ₹ 28 per share

Bengaluru, April 25, 2024: Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions tenterprises across industries announced the audited consolidated financial results for its quarter and year ended March 31, 2024.

Financial highlights for the quarter (USD)

Appointment of the Chairperson of the Board of Directors after the passing of Paolo Pininfarina

Cambiano, April 19, 2024: Pininfarina S.p.A.’s Board of Directors, met today after the passing of Paolo Pininfarina, who was honoured through the words of CEO Silvio Angori, who opened the meeting:

"Gathering today for the first time without the guidance of Mr. Pininfarina with the entire Board of Directors and the Board of Statutory Auditors, as our first act, we tender heartfelt and full testimony for his contribution to the Company and his passionate commitment to preserving our history and corporate identity.

Tech Mahindra recognised as a market leader in customer experience services by HFS Research

Pune, April 16, 2024: Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services and solutions, announced that its Business Process Services arm – Tech Mahindra BPS – has been recognised as a market leader in the HFS Research Horizons report ‘Customer Experience Service Providers, 2024’ for its digital first approach.

Mahindra Susten forays into ‘Hybrid’ Renewable Energy (RE) segment with a ‘solar + wind’ project

To invest ₹ 1200 Crore to set up 150MW hybrid capacity

Tech Mahindra and AVEVA establish global Centre of Excellence to accelerate digital adoption

Pune, April 03, 2024: Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services and solutions, today announced a strategic partnership with AVEVA, a leading industrial software provider, driving digital transformation and sustainability for innovative business solutions, to establish a Centre of Excellence (CoE). Located at Tech Mahindra's campus in Pune, India, the CoE will create digital transformation solutions for industry-specific use cases.

Mahindra Aerostructures launches a strategic relationship with Airbus Atlantic

Bengaluru, April 01, 2024: Mahindra Aerostructures Pvt Ltd (MASPL) and Airbus Atlantic have signed a multi-year contract for the manufacture and delivery of metallic components and small assemblies, for the entire Airbus commercial aircraft family, including the best-selling A320 family. Under the contract, worth approximately USD100m, MASPL will supply close to 2300 varieties of metallic components to Airbus Atlantic in France from its manufacturing base in India.

Mahindra Lifespaces® acquires ~2.0 acres land parcel in Whitefield, East Bengaluru

Bengaluru, March 27, 2024: Mahindra Lifespace Developers Ltd. today announced the purchase of approximately 2.0 acres of land in Whitefield, East Bengaluru. The land is estimated to have a developable potential of approximately 0.2 million square feet of saleable area and a Gross Development Value of approximately ₹ 225 Crore, primarily comprising mid-premium residential apartments.

Mahindra Lifespaces launches Mahindra Zen Bengaluru’s 1st Net Zero Waste + Energy Homes

Bengaluru, March 22, 2024: Mahindra Lifespace Developers Ltd., the real estate and infrastructure development arm of the Mahindra Group, furthers its commitment to sustainable development with the launch of Bengaluru’s 1st Net Zero Waste + Energy residential project, Mahindra Zen. After the tremendous success of Mahindra Eden, which was India’s 1st Net Zero Energy residential development, this launch marks yet another milestone in Mahindra Lifespaces’ journey to build only Net Zero buildings from 2030 onwards.

Tech Mahindra recognised as a leader in Everest Group’s retail IT services PEAK Matrix® Assessment 2024

Pune, March 20, 2024: Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services and solutions has been recognised as a leader in Everest Group’s Retail IT Services PEAK Matrix® Assessment 2024. The PEAK Matrix® provides an objective, data-driven assessment of service and technology providers based on their overall capability and market impact across different global services markets.

Automobili Pininfarina Battista - Italy’s most powerful road legal car now available to drive, and customise, in Forza Horizon