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Tech Mahindra

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Markets, IPOs & Wealth 15 Oct 2026, 11:33 PM IST

Tech Mahindra Announces 1:1 Bonus Issue and Rs 15 Interim Dividend on 40th Anniversary

Tech Mahindra has approved a 1:1 bonus share issue and an interim dividend of Rs 15 per share, marking a shareholder-friendly move as the IT services company celebrates its 40th anniversary. The company said the bonus shares are expected to be credited by December 15, 2026, subject to regulatory and shareholder approvals, while October 23 has been fixed as the record date for the dividend.

By RDU Global Wire6 min read
Markets, IPOs & Wealth15 Oct 2026, 06:05 PM IST

Tech Mahindra Q2 Profit Jumps 33% to Rs 1,586 Crore; Board Approves Rs 15 Dividend and 1:1 Bonus Issue

Tech Mahindra reported a 33% year-on-year rise in consolidated net profit to Rs 1,586 crore for the September quarter, underscoring a stronger operating performance despite a still-cautious global technology spending environment. The company’s board also approved an interim dividend of Rs 15 per share and a 1:1 bonus issue, signalling confidence in cash generation and shareholder returns.

5 min readRead →
Markets, IPOs & Wealth07 Oct 2026, 12:30 AM IST

Trent, BSE, Coal India and Tech Mahindra Lead Tuesday’s Market Moves as Franklin India Small Cap Fund Tops Rs 14,000 Crore

Indian equities ended Tuesday with a stock-specific tone, as Trent, BSE, Coal India and Tech Mahindra featured among the day’s notable gainers and laggards on the Nifty and Sensex. The broader market backdrop also drew attention to Franklin India Small Cap Fund crossing Rs 14,000 crore in assets under management, underscoring how long-term compounding and disciplined SIP investing continue to resonate with retail investors.

5 min readRead →
Banking, Fintech & Insurance08 Oct 2026, 10:15 PM IST

Indian Markets Extend Sell-Off as RBI Hawkishness Hits Rate-Sensitive Stocks

Indian equities closed sharply lower on Thursday as the Reserve Bank of India’s hawkish policy stance continued to weigh on sentiment, especially in rate-sensitive sectors such as real estate and metals. The Nifty 50 fell 1.64% to 22,231.80, while the Sensex declined 1.46% to 71,593.24, with broader valuation resets adding to the pressure. Infosys, Tech Mahindra, Adani Enterprises and ITC were among the notable movers in a session defined by risk aversion and sectoral rotation.

5 min readRead →
Macro Economy & Fiscal Policy16 Oct 2026, 02:37 PM IST

Mahindra Begins Production of Maxseeder Zero-Till Machine to Tackle Stubble Burning

Mahindra & Mahindra has begun production of its Maxseeder zero-till machine, a tractor-trailed implement designed to help farmers sow directly into fields after paddy harvest without burning residue. The equipment will be rolled out first in Punjab and Haryana through Mahindra Farm Equipment Business dealerships, in a phased launch aimed at improving residue management and supporting cleaner farm practices.

4 min readRead →
Banking, Fintech & Insurance15 Oct 2026, 05:25 AM IST

Kotak Mahindra Bank Names Anup Kumar Saha as Next CEO, Signalling Continuity and Customer Focus

Kotak Mahindra Bank has appointed Anup Kumar Saha as its next Managing Director and Chief Executive Officer, with his term set to begin on January 1, 2027, subject to regulatory and shareholder approvals. The move places a long-serving insider with more than 32 years of banking and financial services experience at the helm of one of India’s most closely watched private lenders.

5 min readRead →
Banking, Fintech & Insurance15 Oct 2026, 01:18 AM IST

HDFC Bank, Kotak Mahindra Bank Tap Two Anups in Major CEO Succession Reset

HDFC Bank and Kotak Mahindra Bank have each chosen a new chief executive in a closely watched leadership transition that reshapes the top tier of Indian banking. Anup Bagchi will take over as MD and CEO of HDFC Bank on October 26, while Anup Saha will assume the same role at Kotak Mahindra Bank from January 1.

5 min readRead →
Banking, Fintech & Insurance14 Oct 2026, 11:59 PM IST

Anup Saha, a Numbers-First Operator, Set to Lead Kotak Mahindra Bank in 2027

Anup Kumar Saha is set to take over as chief executive of Kotak Mahindra Bank in January 2027, marking a planned leadership transition at one of India’s most closely watched private lenders. Known for concise meetings, direct communication and a strong command of finance, Saha will inherit the task of accelerating loan growth while broadening the bank’s deposit base.

5 min readRead →

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