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Ahead of Market: 10 things that will decide stock market action on WednesdaySensex and Nifty plunged over 1% on Tuesday amid global market weakness, IT sector losses, a weaker rupee and fresh foreign fund outflows. ...- Ahead of Market: 10 things that will decide stock market action on MondayIndian equities ended lower on Friday, snapping a five-session winning streak as heavy IT selling and weak global cues weighed on sentiment...
- Infosys, TCS, Wipro, other IT stocks fall up to 3% after Fed's hawkish tone. What's ahead?Indian IT stocks, including Infosys and TCS, experienced a significant decline of up to 3% on Thursday. This downturn was triggered by a ha...
- Infosys, HCL Tech, other IT stocks tumble up to 3%. What's spooking investors?Indian IT stocks, led by Infosys, HCLTech and LTIMindtree, fell up to 3% as hotter-than-expected US inflation fuelled concerns over prolong...
- IT stocks crash! Planning to buy the dip? Here's what analysts sayIndian IT shares saw a significant drop on Wednesday, wiping out recent gains. Analysts suggest this was largely due to profit booking afte...
- Mindtree founders will stay on to stabilise companyFounders Natarajan, Parthasarathy and Ravanan have promised to stay on and help with the transition.
- Mindtree CEO Rostow Ravanan likely to resign: SourcesMindtree founders had resisted the bid and had tried rallying support from Singapore-based Nalanda Capital and others.
- Rostow Ravanan on Mindtree’s 200% special dividend for investorsThis dividend is subject to shareholders’ approval at the forthcoming AGM, says Ravanan
- Not a lost battle yet: With peace offer, a Mindtree co-founder hopes to turn the tideKrishnakumar Natarajan said Mindtree was open to reaching a 'middle ground' with L&T by way of a talk.
- Mindtree’s board likely to seek meeting with Larsen & ToubroMindtree’s independent directors have voiced their concerns about the board not having a “collective and informed stand” on what is seen as...
- After pyaar, Larsen & Toubro advices Mindtree to dial down the hostilityLet L&T have a seat, then we’ll work out how Mindtree can work independently, says R Shankar Raman.
- Khalnayak nahi, Naik hoon main: L&T boss defends Mindtree takeover move“This is no hostile bid. The shareholder approached L&T first,—how can that be hostile ?" said L&T boss AM Naik.
- Long-drawn battle with L&T may hurt Mindtree: AnalystsIf the process drags on and generates substantial bad press, it can affect future growth of the company, says Everest Research CEO.
- How Mindtree became the object of a hostile takeover battle between its management and L&TA deal with L&T would create a $2.4-billion IT services firm with four verticals of reasonable scale.
- We are not corporate raiders, says L&T CEOCoffee Day founder Siddhartha sold his entire 20.32% stake in Mindtree to L&T for Rs 3,269 crore on Monday.
- LTI-Mindtree combined entity to overtake TechM in two major verticalsThe brokerage firm added that the combined entity will have trailing 12-month (TTM) revenue of $837 million in BFSI.
- Data ownership issues cloud state’s scheme for skills developmentA state e-governance officer said the department has no control over data-related agreements other departments get into with private player...
- How Mindtree's Veena Rajappa's initiative cleaned her neighbourhood“I am not the person who would pick up the broom only for a day and then never look back at it. Instead, I try and understand why the stree...
- Mindtree developing platforms for niche requirements through Platform Services Group“However, we expect clients to start consuming all other non-core services in a utility model, similar to how they consume electricity or w...
- Sell Educomp on evry rally & buy MindTree on every decline: Sandeep WagleSandeep Wagle, Founder & MD, APTART Technical Advisory Services, aptartindia.com in a chat with ET Now talks about Educomp and MindTree.
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