LTIMindtree starts trading on the boursesFormed on November 14, 2022, through the merger of erstwhile Larsen and Toubro Infotech (LTI) and Mindtree, with a client portfolio of more...
05 Dec, 2022, 07.13 PM IST
L&T Infotech set to enter MSCI Global Large-cap index post merger: Nuvama Wealth“To the best of our understanding of the existing methodology and the recently floated consultation paper, we believe LTI sports very littl...
23 Nov, 2022, 04.07 PM IST
Why LTI-Mindtree merger doesn’t make it the hottest couple on D-Street yetAnalysts said the merger creates a strong challenger in the Indian IT space with a $4.1 billion revenue run-rate as the combined entity has...
15 Nov, 2022, 11.35 AM IST
LTI-Mindtree merger receives NCLT approvalIn a statement, the boards LTI and Mindtree said they have got approvals from both the Mumbai and Bengaluru benches of the National Company...
15 Nov, 2022, 06.00 AM IST
LTI-Mindtree merger comes into effect, becomes 5th largest IT company by m-capAs part of the merger, all shareholders of Mindtree will be issued shares of LTI in the ratio of 73 shares of LTI for every 100 shares of M...
14 Nov, 2022, 05.12 PM IST
L&T Infotech Q2 net profit up 23% to Rs 680 crThe company is in the process of amalgamating Mindtree with itself, which was approved by its shareholders and unsecured creditors on Augus...
15 Oct, 2022, 05.41 PM IST
Ex-L&T Infotech CEO Sanjay Jalona joins private equity firm ChrysCapital FundsJalona had stepped down from LTI following its merger with Mindtree in May this year.
25 Jul, 2022, 05.28 PM IST
L&T Infotech CEO and MD Sanjay Jalona relinquishes officeJalona LTI from Infosys where he worked in various roles for over 15 years.
04 Jun, 2022, 09.34 PM IST
What LTI-Mindtree merger means for two IT firms, their existing investorsMotilal Oswal has retained a 'neutral' rating on both stocks as it sees near-term risks offsetting the long-term opportunity accruing from ...
09 May, 2022, 09.16 AM IST
LTI-Mindtree merger has many benefits once the minds meetThe future trend depends upon the demand traction and the availability of talent pool. Given these factors, investors may expect short term...
09 May, 2022, 06.07 AM IST
What should you do right now if you own L&T Infotech shares? Analysts suggest cautionThe long-awaited merger of the L&T Infotech and Mindtree creates a new heavyweight in the Indian IT space and analysts believe that the ama...
07 May, 2022, 02.24 PM IST
LTI-Mindtree merger gets board nod, to create fifth-largest IT firmThe transaction is subject to shareholder and regulatory approvals. Mindtree, with market cap of Rs 57,840 crore will merge into LTI with m...
07 May, 2022, 10.02 AM IST
Sandip Agarwal on what merged LTI-Mindtree entity will be like“The L&T Info Tech & Mindtree merger will be immensely helpful for both of the companies to participate in the large deals to start with. T...
06 May, 2022, 06.03 PM IST
LTI, Mindtree boards may meet next week to okay mergerParent Larsen & Toubro (L&T) owns 74.05% of LTI and 60.99% of Mindtree. LTI is trading at a 30% premium to Mindtree.
28 Apr, 2022, 10.04 AM IST
Mindtree, Larsen & Toubro Infotech chase deals together, say CEOsMerger talks between the companies are at an advanced stage, even as a timeline has not been finalised yet, people familiar of the matter s...
20 Apr, 2022, 10.25 AM IST
Larsen & Toubro Infotech, Mindtree to avoid business overlapLarsen & Toubro Infotech (LTI) and Mindtree will avoid client overlaps as well as competing in the same categories till parent entity L&T d...
14 Aug, 2020, 07.38 AM IST
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.
19 Mar, 2019, 07.47 PM IST