Recently, the company acquired 19.5% stake in a startup – Pace Robotics, which works on internal plastering, painting, and putty of buildings.
In a recent interview, Tech Mahindra’s CFO, Milind Kulkarni, said clients are accelerating their spending on IT.
Also, the government has imposed anti-dumping duty on Opal glassware imported from United Arab Emirates and China, 4% on UAE and 30% on China.