Many would only know about TCS currently holding the 
record for bagging the largest domestic contract worth $1.2 billion; but few would bear the fact in their intellect that Tech Mahindra was the first ever Indian IT company to bag a contract worth $1 billion. It was one of the biggest moments in the entire history of the company as it propelled Tech Mahindra into the coveted blue book of Indian IT. Currently, the company is standing tall with annual revenues worth Rs. 29.36 billion, which has been a staggering increase of 130% as compared to 2006. If one considers the list, it’s interesting to find that Tech Mahindra has the highest revenue growth amongst the top 20.
The company (renamed from Mahindra-British Telecom Ltd.) went public in August 2006. Since then, backed by some stupendous performances, Tech Mahindra’s share prices have appreciated by more than 100% (data as on November 2, 2007). This Anand Mahindra initiative is all set to go places!
record for bagging the largest domestic contract worth $1.2 billion; but few would bear the fact in their intellect that Tech Mahindra was the first ever Indian IT company to bag a contract worth $1 billion. It was one of the biggest moments in the entire history of the company as it propelled Tech Mahindra into the coveted blue book of Indian IT. Currently, the company is standing tall with annual revenues worth Rs. 29.36 billion, which has been a staggering increase of 130% as compared to 2006. If one considers the list, it’s interesting to find that Tech Mahindra has the highest revenue growth amongst the top 20.The company (renamed from Mahindra-British Telecom Ltd.) went public in August 2006. Since then, backed by some stupendous performances, Tech Mahindra’s share prices have appreciated by more than 100% (data as on November 2, 2007). This Anand Mahindra initiative is all set to go places!
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist)
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