Tech Mahindra has appointed Mohit Joshi as its new Managing Director and CEO.

Joshi has been at Infosys for 22 years and is currently in the role of President. Tech Mahindra announced over the weekend that he would take up his new role on 20th December of this year, taking over from CP Gurnani who will leave the company (retiring) the day before.  

The news was welcomed by the market with shares in Tech Mahindra rallying as stock hit its biggest intraday jump in nearly three years. 

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