Search For "mindtree"
Mindtree reports muted revenue growth, profit falls by 34 pc
Updated : 6 years, 5 months ago IST
Bengaluru (Karnataka) [India], Oct 16 (ANI): L&T-owned digital transformation company Mindtree on Wednesday reported a net profit of Rs 135 crore during the July to September quarter, marking a decline of 34.6 per cent year-on-year but growth of 45.6 per cent quarter-on-quarter.
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Businesses gaining value from artificial intelligence experimentation: Min
Updated : 6 years, 6 months ago IST
London [Britain], Sep 12 (ANI): Organisations worldwide are achieving their vision to industrialise artificial intelligence (AI) but many can do more to gain real business value, according to findings of a recent survey by technology services and digital transformation company Mindtree.
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Siddhartha recently sold his Mindtree stake to L&T for Rs 3,269 crore
Updated : 6 years, 7 months ago IST
Bengaluru (Karnataka) [India], July 30 (ANI): Coffee baron V G Siddhartha, who has been missing since Monday, was in news recently for selling his stake in IT firm Mindtree to engineering major Larsen and Toubro (L&T).
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LandT Chairman A M Naik named as Non-Executive Chairman at Mindtree
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 18 (ANI): Group Chairman of Larsen & Toubro A M Naik on Thursday took over as Non-Executive Chairman at Mindtree, just a few weeks after the engineering conglomerate acquired the Bengaluru-based IT company in a hostile takeover.
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Mindtree co-founders resign from board as L&T takes control
Updated : 6 years, 8 months ago IST
Bengaluru (Karnataka) [India], July 6 (ANI): Three co-founders of IT major Mindtree have resigned after the company was acquired by engineering giant Larsen & Toubro.
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Mindtree independent directors term L&T's takeover offer fair and reasonab
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 12 (ANI): IT major Mindtree's independent directors said on Wednesday that engineering conglomerate Larsen & Toubro's offer of Rs 980 per share for the IT company's equity appears to be fair, reasonable and in accordance with the market regulator's t
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Mindtree Q4 net up 8.9 pc at Rs 198 crore, FY 19 revenue crosses $1 billio
Updated : 6 years, 11 months ago IST
Bengaluru (Karnataka) [India], Apr 17 (ANI): IT services major Mindtree reported on Wednesday that its net profit totalled Rs 198.4 crore during January to March quarter of 2019, up 8.9 per cent from Rs 182.2 crore in the year-ago period.
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Mindtree drops share buyback plan after L&T open offer
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India], Mar 26 (ANI): IT services major Mindtree on Tuesday dropped a plan to buy back shares in a bid to counter Larsen & Toubro Ltd's hostile takeover bid.
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L&T to acquire stake in Mindtree in all-cash transaction
Updated : 6 years, 12 months ago IST
Mumbai (Maharashtra) [India], Mar 18 (ANI): Larsen & Toubro has entered into a definitive share purchase agreement (SPA) with coffee baron V G Siddhartha and his related entities to acquire 20.32 per cent stake in Mindtree, a global technology services and digital transformation compa
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Mindtree board to meet on Mar 20 to ward off takeover bid by L&T
Updated : 6 years, 12 months ago IST
Mumbai (Maharashtra) [India], Mar 18 (ANI): IT services major Mindtree's board will meet on March 20 to consider a share-buyback proposal amid reports of a hostile takeover bid by engineering major Larsen & Toubro (L&T).
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Sensex, Nifty open flat; Mindtree falls 6 pct on Q1
Updated : 8 years, 6 months ago IST
New Delhi, July 19 (ANI): The market on Tuesday opened marginally in green with the Sensex up 39.87 points or 0.1 percent at 27786.53, and the Nifty down 1.05 points at 8507.65.
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