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
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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

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
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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
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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

Digitisation to create jobs and not lay off workers: L&T's HR exec Sriram

Anand J

In late March, even as Larsen & Toubro (L&T) was plotting the launch of a hostile takeover bid for software services firm ....

15 May, 2019

L&T’s open offer for Mindtree to be delayed due to SEBI queries

Anand J

Engineering major Larsen and Toubro’s (L&T) open offer for software services major Mindtree has been delayed over queries ....

13 May, 2019

L&T acquires another 2.3% stake in software services firm Mindtree

Anand J

Engineering and construction giant Larsen & Toubro (L&T) has picked up another 2.3% stake in software services firm Mindtree, ....

9 May, 2019

L&T picks up Mindtree shares via open-market transactions

Anirban Ghoshal

After picking up 20% stake from Mindtree's largest independent shareholder and India coffee baron, VG Siddhartha, for more ....

7 May, 2019

L&T Technology Services posts 21% jump in Q4 net profit

Anirban Ghoshal

IT services firm L&T Technology Services Ltd, a subsidiary of engineering conglomerate L&T, reported an increase of 20.93% ....

4 May, 2019

L&T purchases VG Siddhartha’s 20% stake in Mindtree

Anand J

Engineering conglomerate Larsen and Toubro has completed the stake purchase of software services and consultancy firm Mindtree ....

1 May, 2019