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Exciting insights shared by Ram Ramachandran and Ramesh Ram on Tech Mahindra's #impactful #initiatives in the #MiddleEast & #Africa. They're increasingly spearheading top-down, value-driven transformations for telco and enterprise clients, collaborating closely with business leaders. #TechInnovation #BusinessTransformation IDC | MEA

Tech Mahindra CEO Mohit Joshi chalks out 3-year plan to turn around business in phases. Exciting times ahead at Tech Mahindra as we unveil our three-year transformation plan, Vision 2027, under the leadership of our CEO and MD, Mohit Joshi. This comprehensive roadmap is designed to revitalise our business, drive better customer outcomes, and optimise margin improvement by FY27. To summarise: FY25 - we'll be in the 'Turnaround Phase,' focusing on organisational restructuring, investing in key accounts, markets, and service lines. Initiatives like the Turbocharge Program and Project Fortius will be instrumental in accelerating growth and optimising costs. FY26 - we anticipate a 'Stabilization Phase,' where our investments will continue, and we'll make further progress on cost-saving endeavour's. FY27 - we aim to 'Reap Returns,' with improved structural dynamics and enhanced operational efficiencies, including an expanded EBIT margin target of 15 percent. Beyond internal restructuring, we're doubling down on key investment areas and strengthening our presence in pivotal verticals. Collaboration with the larger Mahindra Group entities will unlock new growth opportunities for us. Excited to be part of this transformative journey! For further details on our Vision 2027 plan, feel free to reach out. #TechMahindra #Mahindra #Leadership #Transformation #MoneyControl

Hello CxOs, Here is your Daily Business News Brief, brought to you by LinkCxO (The CxO Community App) News Team. Here are Today's Business Headlines, ☑️Wockhardt stock locked in 5% upper circuit after Prashant Jain, Madhusudan Kela and others invest in QIP ☑️HSBC setting up $1 billion growth fund to scale up digital platform businesses in Southeast Asia ☑️Goldman Sachs raises Reliance Industries stock target price with ‘buy’ rating, sees 54% upside ☑️FMCG sector faces obstacles as raw material costs rise: BNP Paribas ☑️Indiabulls Housing Finance accepts bids for dollar bonds, bankers say ☑️GAIL to commission its first green hydrogen project in April: Report ☑️Reddit shares surge a day after options launch, set to nearly double IPO price ☑️Efficiency engineering, cost reduction driving BFSI deals: HCLTech’s Srinivasan Seshadri For details on LinkCxO, rewards, and benefits, visit https://www.linkcxo.com/ #Wockhardt #HSBC #RelianceIndusries #FMCG #DollarBonds #GAIL #Reddit #HCLTech #linkcxonews #linkcxo Gyanesh Kumar Hema Gupta ExoTalent Consultancy Services LLP LinkCxO (The CxO's Marketplace)

Hello CxOs, Here is your Daily Business News Brief, brought to you by LinkCxO (The CxO Community App) News Team. Here are Today's Business Headlines, ☑️IndiGo shares fly to 52-week high after placing aircraft order with Airbus ☑️Deloitte projects India's FY25 GDP growth at 6.6% ☑️Faalcon Concepts makes bumper debut, lists at 53% premium on BSE SME ☑️Tech Mahindra hits 10% upper circuit after unveiling 3-year turnaround roadmap ☑️IndusInd Bank Q4 profit in-line; brokerages bullish, see 33% upside ☑️Excess capital may drag Bajaj Finance's return on equity in FY25 to below long-term guidance ☑️Pernod CEO sees sales growth outside struggling US and China ☑️TCS CEO K Krithivasan says AI can kill most call centres: Report For details on LinkCxO, rewards, and benefits, visit https://www.linkcxo.com/ #IndiGo #Deloitte #BSE #TechMahindra #IndusindBank #Bajaj #CEO #TCS #LinkcxoNews #Linkcxo Gyanesh Kumar Hema Gupta ExoTalent Consultancy Services LLP LinkCxO (The CxO's Marketplace)

How can businesses deliver value through products & services in the digital age? Explore how Virtusa's strategic approach harnesses a blend of homegrown solutions and partner platforms to drive innovation in technology development: https://lnkd.in/emB-whGt #EngineeringFirst #TechInnovation #Partnerships #virtusa

FlairMinds Marketscope Exciting times ahead for the IT industry! 📊 Upbeat CEOs forecast increased tech spends in 2024, citing deal renewals, vendor consolidation, and transformative projects as key drivers. India's tech outsourcing giants, Tata Consultancy Services and Tech Mahindra, anticipate revenue expansion amidst this optimistic outlook. Projections suggest the IT sector could soar to $253.9 billion in fiscal 2024. Embrace the momentum and stay tuned for the latest innovations shaping our digital landscape! Read full article below 👇 https://lnkd.in/gb7bt5cG #ITIndustry #techtrends #digitaltransformation #innovation

In our latest bid to accelerate the Intelligent Industry, we have expanded our alliance with Unity through the acquisition of their Digital Twin Professional Services Arm. William Rozé, CEO, Capgemini Engineering and Group Executive Board member, emphasizes how this agreement will help us improve our end-to-end business transformation services for our clients. Read this article from the Lokmat Times to learn more: bit.ly/48zYz1p #GetTheFutureYouWant

CitiusTech, a leading technology service and solution provider in the healthcare industry, has established itself as a key player with a workforce of over 4,000 professionals worldwide. The company is dedicated to empowering healthcare and life sciences companies through innovative consultation and digital technology services, aiming to enhance clinical value chain excellence across various domains such as integration and interoperability, data management, data science, and performance management. In a significant development, CitiusTech entered the unicorn club of Indian companies following its acquisition by Baring Private Equity Asia. The acquisition, finalized on July 12, 2019, valued CitiusTech at slightly over a billion dollars, reflecting the company's significant market presence and growth potential in the healthcare sector. More recently, on May 5, 2022, Bain Capital acquired a 40% stake in CitiusTech from Baring Private Equity Asia, as part of a strategic move to further strengthen the company's position. This transaction, which saw Bain Capital emerging as the preferred bidder over contenders like Apax Partners and Fujitsu of Japan, valued CitiusTech's 40% stake between $960 million to $1 billion. With this acquisition, the valuation of CitiusTech has surged to around $2.4 billion, reaffirming its status as a prominent player in the healthcare technology landscape. Stay updated on the latest developments in India's healthcare and technology sectors, and track the success story of companies like CitiusTech by visiting UnicornofIndia.com. #CitiusTech #HealthcareTechnology #BainCapital #PrivateEquity #UnicornCompany #UnicornofIndia

As a frontrunner in digital innovation, the sense of urgency for post-pandemic recovery weighs a bit heavier on the hi-tech sector. With new challenges on the horizon, how are hi-tech CFOs prepping for the future? Download the Global CFO Survey 2022 by Everest Group, supported by WNS to find out: https://bit.ly/CFOHitech-L #FinanceInsights #HiTech #CFOSurvey #ChatterVsReality Krishnan Raghunathan | Himanshu Bhardwaj | Deepak Kewalramani | Beadle Navaraj | Anshul Mathur

Countdown to become a borderless business: Nominate to celebrate innovation, growth, and success as a part of Select 200 Companies with a global business potential. Nominations closing on August 27, 2023 for Forbes India DGEMS- Select 200! #Select200 #DGEMS #India #founders #globalbrands