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Chennai net leasing to scale two decade high in 2025Chennai's commercial office market is poised for a historic high in 2025, driven by robust leasing momentum and strong occupier demand. The...
One more reason to change negative bias against them? 5 IT stocks with upside potential of 25 to 38% in 1 yearAt the start of the week, when the global markets were reeling under the pressure of unwinding of Yen carry trade, it was the IT stocks whi...
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...
L&T gains as construction arm bags large orderIn a regulatory filing on Wednesday, L&T said that the project involves construction of 6,768 apartments spread across 39 towers with two b...
L&T Q2 results: Cons profit tumbles 67% YoY to Rs 1,819 croreThe company bagged orders worth Rs 42,140 crore for the quarter, up 50 per cent YoY. This included international orders, which stood at Rs ...
Mindtree appoints Aan Chauhan as chief technology officerAan Chauhan, who served as NxT Digital CTO in his most recent appointment, brings to Mindtree more than 26 years of experience gathered fro...
Lenskart gets fuel for overseas boostIn today’s ETtech Morning Dispatch: Lenskart gets $220 million from Temasek, Falcon Edge Capital; BigBasket plans return of express deliver...
Mindtree sees opportunity for NxT Digital acquisition across verticalsNxT Digital, which augments Mindtree’s Internet of Things offerings, presents a huge opportunity not only in manufacturing but also in indu...
Mindtree's margin story remains intact: Debashis Chatterjee, CEO"In terms of profits, our PAT has been fairly stable although the EBITDA has gone down slightly. We have been able to manage the PAT becaus...
Mindtree completes acquisition of the NxT Digital Business from L&TIn May this year, Mindtree had announced it will acquire the NxT Digital Business from Larsen and Toubro (L&T) for Rs 198 crore, a move tha...
Mindtree to focus on six white space growth opportunitiesMindtree’s acquisition of L&T Group’s NxT Digital will help it augment its offerings in the Internet of Things (IoT) space, one of the six ...
ETtech Deals Digest: Pine Labs, Lenskart raise fundsIndia’s startup ecosystem witnessed bigger funding rounds this week compared to the last.
Mindtree to acquire L&T Group's NxT Digital Business for Rs 198 croreNxT Digital Business was founded as a startup with broad digital capabilities within Larsen and Toubro (L&T). It reported revenue of ₹37.59...
Mindtree buys NxT Digital for Rs 200 crore from L&TNxT Digital was started with broad digital capabilities within L&T and is said to have played a vital role in applications of IoT technolog...
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 to hit Rs 3 lakh crore m-cap in 5 years: NaikThe USD 20 billion diversified L&T Group has a market cap of about Rs 2.5 lakh crore at present.
Mind completely occupied with Mindtree acquisition; will make it a big firm: A M NaikL&T will launch the open offer to buy additional stake in Mindtree in around 10 days, Naik said.
L&T launches ‘Nxt’ generation tech, services for industrial clientsThe company said it is ideally placed to capitalise on these huge emerging opportunities with its large palette.
Eighteen stocks in focus on Tuesday, 06 September 2016The Indian market is expected to open higher. Here is a list of top eighteen stocks that are likely to be in focus today.
Intel Capital invests Rs 54 crore in Bangalore-based startup NxtGen DatacenterThe sizable investment by the venture capital arm of the largest chip-maker signifies the growth potential for such services in Asia’s thir...