L&T Open Offer Might’ve Hit Growth, Strategy Is Intact: MindTree
L&T’s ongoing takeover attempt has impacted business growth, with FY20 revenue expected to grow in the ‘low teens’, although the hostile offer had not affected...
Tag : l&t
MindTree Announces Total Dividend Of Rs 27 Per Share
On Wednesday, MindTree announced a total dividend of Rs 27 per share. The board of directors today declared an interim dividend of Rs 3 per...
L&T Get Highest Quarterly Order Inflow
Larsen and Toubro Ltd. have reported its highest quarterly order inflow, topping its guidance first time in at least six years and beating uncertainty ahead...
CCI Permits L&t’s Proposal To Acquire Majority Stake In MindTree
The Competition Commission of India said that it had approved the diversified group Larsen & Toubro Ltd.’s proposed acquiring of up to a 66.15 percent...
MindTree Panel Binds In Khaitan, ICICI Securities As Counsellors
MindTree formed the committee to give its suggestion on the open offer for the consideration of shareholders. Lead independent director Apurva Purohit, who is also...
L&T Steps Up By Acquiring Gas Export Pipeline Contract
Larsen & Toubro Ltd. (L&T) stated on Monday that it had acquired a gas export pipeline contract from Kuwait Oil Company (KOC). The company falls...
MindTree Is Seeking A Common Middle Ground
Mindtree is looking for a “common middle ground” with Larsen & Toubro that will help shareholder of both the companies, even as a midsize IT...
L&T Plans To Transmute Into Digitalization Automation Powerhouse
On March 29, Larsen & Toubro announced a new strategic initiative called L&T-Nxt, working on areas such as artificial intelligence (AI), Internet of Things (IoT),...
MindTree board resolves against buyback, made a panel to sum L&T offer
According to the Managing Director and Chief Executive Officer Rostow Ravanan, Mindtree Ltd’s large shareholders completely showed interests in aligning with the IT companies. CEO...
Mindtree Is Up With Continuing The Board Meeting On March 26
Mindtree, which was taken over in a hostile by Larsen and Toubro said it would reconvene its board meeting on March 26. The board meeting held on...