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MINDTREE DEALS
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...- Infosys, TCS, TechM and other IT stocks rally up to 5% even as sector valuations near 2008 levelsIndian IT shares surged on Tuesday, extending a rebound. Companies like Infosys and TCS saw significant gains. This rally follows a sharp c...
- Cost pressures part of normal market evolution, says LTM CEOLTM CEO Venu Lambu downplayed AI-led deflation concerns, framing pricing pressures as normal market evolution requiring adaptation. He emph...
- Mindtree says order book at all-time high, focus on long-term dealsMindtree closed FY21 with an order book of $1.4 billion, 12% higher than the previous fiscal, CEO Debashis Chatterjee says. The company is ...
- Mindtree to see cloud-based growth over next 3-4 years: AnalystsAnalysts see Mindtree’s growth outpacing that of mid-sized peers going ahead, and have increased their ratings on the stock due to the comp...
- Mindtree partners with Knauf to drive its IT transformation initiativesThe Mindtree-Knauf deal will leverage industry-leading IT platforms and will also help Knauf complete post-merger technology integrations.
- Mindtree expects offshoring to continue even after pandemic endsMindtree, which won new deals worth $312 million during the October-December quarter, said that its deal pipeline was the strongest it has ...
- L&T bid may hit Mindtree Q1 numbers as clients defer dealsThe mid-tier IT services company grew 16 per cent in the fourth quarter.
- L&T confident of taking control of Mindtree: AM NaikL&T boss AM Naik says once the offer for 31% in Mindtree is complete, his company will gain majority and with IT firm’s ind directors givin...
- L&T delayed offer for Mindtree to open on June 17 at Rs 980/shareL&T’s open offer to buy 31 per cent additional stake in Mindtree will kick off on June 17.
- L&T buys Rs 113 cr Mindtree shares via open marketLast week, L&T had purchased around 20 per cent stake of V G Siddhartha and Coffee Day in Mindtree through block deal for about Rs 3,210 cr...
- L&T buys VG Siddhartha, Coffee Day stake in Mindtree for Rs 3,210 croreL&T has made an open offer to buy an additional 31 per cent stake through an open offer.
- 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...
- Three large mutual funds opposed to L&T’s takeover of MindtreeSixty-eight mutual fund schemes together hold shares worth Rs 1,300 crore in Mindtree.
- L&T set to seal Mindtree deal with Café Coffee Day founder VG SiddharthaMindtree chairman has warned against a hostile takeover bid in a letter to the L&T board on Saturday.
- LTI, Siddhartha may seal mindtree deal in 4 daysLTI and Baring Private Equity Asia are in talks to acquire the stake, but the former is ahead in the race.
- Mindtree buys UK, US companies for $76 millionMindtree announced acquisitions of two overseas cos and reported almost flat net profits in dollar terms for the quarter ended June.
- Mindtree chasing 7 deals worth at least $25 million each: CFOInformation technology services company Mindtree is chasing outsourcing contracts worth at least $175 million in the financial services and...
- Block deal lifts Mindtree shares by over 19 pc on boursesShares of IT firm Mindtree zoomed amid media reports that 22 lakh shares of the company changed hands in a block deal.
- Nalanda picks up stake in MindTreeNalanda India Capital, a Singapore-based investment fund run by Pulak Prasad has bought more than seven lakh shares in IT services firm Min...
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