CURRENT AFFAIRS

Detailed explanation-1: -Tech Mahindra Inks INR 400 Crore ‘Project Parivartan’ Contract with Hindustan Aeronautics Limited.

Detailed explanation-2: -Metaverse is one of our fastest growing practices. At the FY-23 Q1 earnings call, Tech Mahindra revealed that they are building a culture of innovation and new service offerings, like metaverse, along with aiding the delivery of differentiated and more futuristic solutions.

Detailed explanation-3: -Tech Mahindra offers its solution stack to clients in at least a dozen industry segments, from traditional to emerging industries. The company’s clientele and market segments of expertise currently include: Communications, media, entertainment, and high technology.

Detailed explanation-4: -The ‘Project Parivartan’ is a comprehensive business transformation exercise initiated by HAL through technology enhancement and centralized ERP, says Mr. R Madhavan, CMD, HAL. The exercise will enable HAL to adopt some of the best practices followed in some of the similar industries globally, he adds.