Infrastructure Development Finance Company and Jaiprakash Associates will be part of the benchmark S&P CNX NSE Index and Nalco and Tata Communications from the benchmark NSE index.

Reportedly, Tech Mahindra is supposed to have received $500 million of outsourcing contract from Etisalat DB Telecom India.

Tech Mahindra presently trades up on the Sensex after the company bagged a deal from Etisalat DB Telecom India.

Tech Mahindra has now improved its existence in Northern India by establishing its completely owned service in Chandigarh.

Tech Mahindra presently trades up on the Sensex after the company introduced an Interoperability Test lab to provide test services to Telecom Service Providers, Independent Software Vendors and Telecom Equipment Manufacturers.

The Sensex IT index was high with 2.15% and topped the BSE sector indices. It outdid the BSE, which was high with 0.09%.

Tech Mahindra presently trades down on the Sensex after the company recorded feeble net gain figures for the quarter closed June this year.

Satyam’s shareowners have turned down the open bid offered by Tech Mahindra as only 4, 20,915 shares in the firm were tendered in the bid.

The Centre is expected to move the Company Law Board this week for summoning up these directors to hand over efficiently the management to the latest proprietor of IT company, Tech Mahindra six months after the government outmoded Satyam Computer’s board and selected its candidates on it.

Tech Mahindra has signed a strategic coalition with WIN.