Mindtree Net Profit Increases 88% to Rs 254 Crore in Q2 Results
On Thursday, IT services firm Mindtree reported 87.9 per cent increase in its net profit at Rs 253.7 crore for the quarter ended on 30 September, 2020,...
Tag : Mindtree
Mindtree Appoints Cognizant's Debashis Chatterjee as CEO
Indian IT services firm Mindtree Ltd on Friday named former Cognizant executive Debashis Chatterjee as its new managing director and chief executive officer. S.N. Subrahmanyan,...
MindTree Dives 11 Percent After L&T Takeover
Shares of MindTree plunged nearly 11 percent in morning trade on Monday after the company’s founders Krishnakumar Natarajan, Parthasarathy NS, and Rostow Ravanan resigned from...
L&T Acquires 51.8% of Mindtree
On Wednesday, Larsen and Toubro Ltd acquired 51.8 per cent shares after India’s largest engineering and construction company wrung control of the board of the...
L&T Takeover Offer ‘Fair & Reasonable’ Says Mindtree Maverick Directors
Independent Mindtree’s directors have said that engineering conglomerate Larsen & Toubro’s offer of Rs 980 for the IT company’s shares ‘appears to be fair and...
L&T Makes Open Offer To Buy 5.13 Crore Shares Of Mindtree
On Friday, Larsen and Toubro Ltd. announced an open offer for 5.13 crore shares or 31 percent stake of mid-tier information technology company Mindtree Ltd....
L&T Bought Another Rs 316 Cr Mindtree Shares Raising Stakes To 28%
According to regulatory data, Larsen and Toubro (L&T) have raised its stake in IT firm Mindtree by about 2 percent between May 20-24 by picking...
L&T Holds 26.93% In Mindtree With Its Buying Of 4.5 Lakh Shares
On Thursday, Infrastructure major Larsen and Toubro (L&T) took over 4.5 lakh shares of Mindtree from the open market, diving its shareholding in the IT...
L&T Increased Holdings in Mindtree to 26.48%
Larsen and Toubro (L&T) have now increased its holdings in Mindtree to 26.48 percent buying more than 8.86 lakh equity shares. L&T took 886,438 equity...
L&T Now Holds The Power To Block Decision Taken By Mindtree’s Board
Larsen and Toubro Ltd (L&T) acquired 26% holding in IT services firm Mindtree Ltd by managing to buy a little over 1% shares early in...