Tag: MOHIT JOSHI
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Tech Mahindra In Negotiations to Establish 3,000-Member GCC for Goodyear
Tech Mahindra is discussing the establishment of a 3,000-member Global Capability Centre for Goodyear Tire & Rubber Co. in Hyderabad. This centre will focus on R&D and IT functions, aligning with Tech Mahindra’s objectives of improving operational efficiency and revenue growth under CEO Mohit Joshi’s leadership. The proliferation of GCCs in India represents a significant…
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Tech Mahindra to Boost Employee Salaries: New CEO’s Retention Strategy
• Tech Mahindra begins salary hikes for employees starting January 2025. • Average increases are 7%, up to 12% for top performers. • Increments address talent retention post-Gurnani’s exit. • Operating margins improved but are still among the lowest in the sector. • Salary hikes align with rising corporate profits, as noted in the Economic…