- British Telecom exits Tech Mahindra; sells 9.1% stake for Rs 1,011 crore
This marks its exit from the Indian IT services firm. Following the announcement, Tech Mahindra shares jumped 3.68% on the BSE .
British Telecom begins sale of part stake in Tech MahindraGlobal player British Telecom today began sale of a part of its over 23 per cent stake in IT major Tech Mahindra in the open market.
- BT Group to wait for Tech Mahindra-Satyam merger before stake sale
UK telecom major BT Group Plc has put plans to sell its stake in Tech Mahindra on hold ahead of the IT firm's merger with Mahindra Satyam.
BT Group to exit from Tech Mahindra, directors resignBT Group owns a little over 23% equity in Tech Mahindra and contributes 37% to company's revenue.
- Tech Mahindra Q2 net profit up 60% to Rs 240 crore
The company expects a sustained growth momentum in its non-BT business and added 807 employees in the second quarter.
- British Telecommunications bags IT contract worth 200 mn euros from BASF
BT has bagged a contract worth 200 million euros (nearly Rs 1,330 crore) from the chemical group BASF to provide networked IT services.
- Accel acquires 51% stake of British Telecom in Accel Frontline
IT and media firm Accel Ltd today said it has acquired the 51 per cent stake held by British Telecom for Rs 49.9 crore to become a majority...
- Mahindra & Mahindra to buy 5.5% of BT's stake in Tech Mahindra
Auto giant Mahindra & Mahindra today said it has agreed to acquire 5.5 per cent of IT firm Tech Mahindra's stake from UK-based British Tele...
- Mahindra BT exits Tech M, sells 8.07% stake to AT&T for $34.5 mn
Mahindra BT Investment Co has sold its entire 8.07 per cent stake in Tech Mahindra to US-based AT&T for $34.5 million. Key facts on India's...
- Tech Mahindra sells 8.07% stake to AT&T for $34.5 mn
Mahindra BT Investment Co has sold its entire 8.07% stake in Tech Mahindra to US-based communications firm AT&T for $34.5 mn. Key facts on ...
- Mahindra BT exits Tech M,sells 8.07% stake to AT&T for $34.5m
Mahindra BT Investment Co has sold its entire 8.07 stake in IT company Tech Mahindra to US-based communications firm AT&T for USD 34.5 mill...
- UK telecom company BT to cut 10,000 jobs
Most of those layoffs hit workers employed through outside agencies, contractors and offshore workers. Nations that are to witness rise in ...
- British Telecom may exit Tech Mahindra
UK’s largest telecom company may sell all or part of its 31% stake in the telecom software services company.
- BT Q1 profit down 35%
Shares in BT Group PLC slumped 12 percent on Thursday after Britain's biggest telecommunications company posted a 35 percent fall in net pr...
- BT sells bonds worth 3.07 bn dlr
BT Group Plc, the UK's largest phone company, sold the equivalent of 1.56 billion pounds ($3.07 billion) of bonds in pounds and euros.
- BT to float JV in India
British Telecom PLC will float a joint venture in India to provide high quality data and voice transfer VPN service to corporate clients he...
- BT to float JV for VPN services to Indian corporates
British Telecom PLC will float a joint venture in India to provide high quality data and voice transfer VPN service to corporate clients he...