Nifty IT hits fresh 52-week low as Infosys, TCS, Wipro & others tumble up to 3%. What's spooking investors?The Nifty IT index fell more than 2% to a fresh 52-week low on Tuesday as persistent inflation concerns and uncertainty over the US Federal...
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. ...
Infosys, HCL Tech, Coforge, other IT stocks rise up to 3% a day after a massive crash. What lies ahead?IT stocks rebounded after a sharp sell-off triggered by Accenture’s guidance cut, with gains led by Coforge and Tech Mahindra. Analysts see...
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...
Nifty IT crashes 6% to 3-year low as Infosys, HCL Tech, other IT stocks crash up to 9%. Time to buy the dip?The Nifty IT index slumped over 6% to a three-year low after Accenture’s guidance cut triggered a sharp sell-off in Infosys, TCS, HCLTech a...
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...
MindTree Q1 Results: Profit rises 37% YoY to Rs 472 cr; revenue jumps 36%MindTree Q1 Results: Revenue for the quarter rose 36.2 per cent YoY to Rs 3,121.10 crore compared with Rs 2,291.70 crore in the correspondi...
MindTree zooms 3% on robust Q4 earningsMindTree’s counter rose to a high of Rs 4,080 as against Rs 3960.80 at previous close on the BSE.
Mindtree stock up 9% but brokerages have a mixed viewMindtree on Tuesday reported an over 8% rise in the June quarter profit on a sequential basis to Rs 343.4 crore and revenues rose 8.6% sequ...
L&T assures Mindtree shareholders of further impetus to long-term growthThis month, L&T became the new promoter of Mindtree after acquiring 60.06 per cent stake.
L&T hikes stake in Mindtree to 28.45%, buys 24.9 lakh sharesOn Thursday, L&T had acquired 4.5 lakh shares of Mindtree from the open market.
IT firm Mindtree at $1B revenue mark, to pay Rs 430 crore in dividendsMindtree said the special dividend payout would cost it about Rs 320 crore, excluding dividend distribution tax, while the remaining divide...
Krishnakumar Natarajan can stay on as Mindtree chairman: AM NaikEven as Mindtree founders continue to resist deal, L&T chairman says his company is open for talks with the promoters to clarify all their ...
Mindtree looked inward to sort out problems and has emerged strongerMindtree has a simple philosophy to survive in India's competitive $100-bn IT services industry: Get back to the ‘basics of doing business'.
- MindTree's Soota says no immediate plan to divest stake in company
Ashok Soota, the outgoing executive chairman of MindTree, said on Monday that he has no "immediate plans" to sell his stake in the company.
- No immediate plans to divest stake from MindTree: Soota
Mindtree Ltd's outgoing Executive Chairman Ashok Soota said on Thursday he does not have any immediate plans for divesting his stake in the...