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MINDTREE MERGER
Adani Enterprises may enter Sensex, LTI Mindtree Nifty after HDFC's mergerIf included, LTI Mindtree will see an inflow of ₹1,400 crore or $170 million, while Adani Enterprises could see around ₹1,000 crore or $120...- LTIMindtree director Venu Lambu quitsLambu had joined Mindtree in 2020 and had previously worked at Cognizant and HCLTech. He was part of the key management personnels present ...
- 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...
- 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...
- 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...
- 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...
- 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...
- 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...
- India Inc signs over 1,100 deals worth over $104 billion in first half of 2022According to the Grant Thornton Bharat Dealtracker report, the numbers show a 34 per cent increase in overall deal volumes, while deal valu...
- 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 ...
- 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...
- 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 Infotech announces merger with MindtreeThe deal involves the no cash consideration. Larsen & Toubro Infotech said it would issue and allot 73 fully paid up equity shares of face ...
- 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.
- 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...
- Larsen weighs merging Mindtree & L&T Infotech into a $22 billion firmThe boards of Mindtree Ltd. and Larsen & Toubro Infotech Ltd., two software units controlled by the Mumbai-based engineering firm, could co...
- Mindtree issues clarification on merger news, says no such info available on it“We would like to state that there is no information available with the company as of today, which is required to be reported under extant ...
- After TCS, Mindtree considers buyback of sharesMindtree had previously mentioned that it was looking to boost shareholder value through means other than dividends. “But buybacks has its ...
- MindTree denies merger talks with SatyamMindTree Ltd has denied media reports claiming that Satyam Computer Services Ltd is in talks with it for a possible merger.
- MindTree to reshuffle senior management, business unitsMindtree is planning to restructure its top management and its business units. As a part of the exercise, which will be effective from Apri...
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