services provider

Investors pile into Tech Mahindra's IPO

Strong demand and virtually no price sensitivity allow the specialised Indian IT services provider to raise maximum $100 million, while GMR Infrastructure's larger offer turns out to be less "hot."
August 06, 2006

Tech Mahindra tests market with sizeable IPO

The telecom-focused IT services provider eyes up to $100 million as British Telecommuniations and Mahindra & Mahindra monetise part of original investment but retain control of the company.
July 25, 2006