L&T Technology Services signs deal with European automaker

Team TC

Vadodara-based engineering services company L&T Technology Services (LTTS) has been selected as a strategic partner by a European ....

9 September, 2019

We will take a close look at margins and focus on profitability: Mindtree CEO Debashis Chatterjee

Vignesh Ananthraj & Anand J

At his first press conference as chief executive of Mindtree, Debashis Chatterjee assured stakeholders that the best practices ....

2 August, 2019
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Former Cognizant president Debashis Chatterjee named Mindtree CEO

Anand J

Debashis Chatterjee has been named the new chief executive of Bengaluru-based software services firm Mindtree by its new promoter, ....

2 August, 2019

L&T unit, United Technologies to provide tech solutions for aerospace, defence biz

Anirban Ghoshal

L&T Technology Services (LTTS), a subsidiary of engineering conglomerate Larsen & Toubro (L&T), will partner the US-based ....

22 July, 2019

Mindtree founders to stay on and ensure smooth transition

Anirban Ghoshal

Mindtree founders Rostow Ravanan, Krishnakumar Natarajan and NS Parthasarathy have agreed to stay back with the company for some ....

19 July, 2019

L&T Infotech reports 1.5% drop in net profits, revenues up 15.3%

Anirban Ghoshal

Larsen & Toubro Infotech (LTI), the information technology services arm of Mumbai-based engineering conglomerate L&T, ....

19 July, 2019
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L&T chief says Mindtree will remain independent post recent acquisition

Vignesh Ananthraj

Larsen and Toubro (L&T) chief executive and managing director SN Subrahmanyan has said that recently acquired information ....

9 July, 2019

Mindtree founders Ravanan, Natarajan and Parthasarathy resign from company

Vignesh Ananthraj

Krishnakumar Natarajan, NS Parthasarathy and Rostow Ravanan have resigned from Mindtree Ltd within days of Larsen & Toubro ....

5 July, 2019

L&T asks Mindtree CEO to step down: report

Vignesh Ananthraj

L&T has asked Rostov Ravanan, the CEO of Mindtree, to step down in a meeting between the L&T top brass and the Mindtree ....

5 July, 2019

L&T is now classified as Mindtree promoter; Infosys delays hikes for seniors

Anand J

Engineering conglomerate Larsen & Toubro (L&T) has been classified as the promoter group of Bengaluru-based information ....

4 July, 2019
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L&T pays Mindtree shareholders who took part in open offer

Anand J

Engineering conglomerate Larsen & Toubro (L&T) has paid all Mindtree investors whose shares were accepted in the open ....

3 July, 2019

L&T now owns 60% of Mindtree; founders offloading shares

Anirban Ghoshal

Engineering conglomerate Larsen & Toubro (L&T) has completed the acquisition of 31% shares of Mindtree Technologies via ....

27 June, 2019

L&T gets three board seats at Mindtree; Subroto Bagchi to step down

Anirban Ghoshal

Three Larsen & Toubro (L&T) executives, including CEO and managing director SN Subrahmanyan, have been appointed to the ....

20 June, 2019

L&T seeks three Mindtree board seats; Wipro to lose two long-serving execs: Reports

Tanmay Tiwary

Larsen and Toubro (L&T) has written to Mindtree seeking three seats on its board as the engineering giant presses ahead with ....

18 June, 2019

Mindtree independent directors say L&T open offer is ‘fair and reasonable’

Anand J

Five days before engineering major Larsen & Toubro (L&T)'s open offer for IT firm Mindtree begins, the latter's ....

12 June, 2019

Adobe India head quits; Salesforce to buy data visualisation company

Vignesh Ananthraj

Adobe India and South Asia managing director Kulmeet Bawa has resigned to explore opportunities outside the graphic-software giant, ....

11 June, 2019

L&T’s open offer for Mindtree to begin on June 17

Anirban Ghoshal

Engineering conglomerate Larsen & Toubro’s (L&T) open offer to pick up a stake of up to 31% from the public shareholders ....

7 June, 2019

Cognizant to give freshers 18% more; L&T’s open offer for Mindtree may get delayed

Tanmay Tiwary

IT firm Cognizant will offer 18% more salaries to freshers from the next year and there will be no mass job cuts, The Economic ....

30 May, 2019

L&T buys more Mindtree shares from open market

Anand J

Engineering major Larsen and Toubro (L&T) is continuing to buy shares of acquisition target Mindtree from the open market ....

25 May, 2019

L&T picks up additional stake in Mindtree, open offer may begin in 10-12 days

Anand J

Engineering major Larsen and Toubro (L&T) has been slowly increasing its stake in software services firm Mindtree Ltd. The ....

21 May, 2019

L&T picks up additional stake in Mindtree

Anand J

Engineering major Larsen and Toubro (L&T) has increased its stake in software services firm Mindtree Ltd to 26.48% from 25.94%. The ....

17 May, 2019