istory of Tech Mahindra
joint venture between Mahindra & Mahindra and BT plc in 1986under the name of 'Mahindra-British Telecom'.
Mahindra-British Telecom, a 60:40 joint venture betweenMahindra group and British Telecom, shareholders approved aproposal to raise funds through an initial public offer and anemployee stock option plan.
ater, the name was changed to 'Tech Mahindra.
Tech Mahindra is a global systems integrator and businesstransformation consulting firm focused on the communicationsindustry.
Tech Mahindra's net profit rose 8.57 per cent to Rs 196.4 crore(Rs1.96 billion) on 6.09 per cent growth in net sale to Rs 911.6 crore(Rs 9.11 billion) in
ecember 2007 over