September 02, 2025 1:04 pm
The Microsoft India executive's remarks come amid an ongoing debate over who is responsible, and who should be responsible, for the adoption of AI tools within an organisation.
May 07, 2022 12:46 am
Mindtree shareholders will get 73 shares of LTI for every 100 shares of Mindtree, the statement said, adding the combined entity will be called as LTIMindtree.
April 19, 2022 9:43 am
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October 17, 2019 4:01 am
In rupees terms, the profits were down 34.6 per cent y-o-y at Rs 135 crore.
August 03, 2019 10:02 am
L&T's takeover of Mindtree marked India's first-ever hostile takeover in the IT space. The infrastructure giant had bought 20.32 per cent shares in Mindtree from late V G Siddhartha and his coffee enterprise for over Rs 3,000 crore in March.
June 13, 2019 4:18 am
“The shareholders of the target company are advised to independently evaluate the open offer and take an informed decision about tendering the equity shares held by them in the open offer,” said a BSE filing on Tuesday.
June 12, 2019 12:10 pm
On June 7, the infrastructure major Larsen & Toubro announced a Rs 5,030-crore open offer to acquire an additional 31 per cent stake in mid-tier IT company Mindtree at a price of Rs 980 per share.
June 02, 2019 6:16 pm
The development assumes significance as L&T has been steadily increasing its holding in the Bengaluru-based tech firm where it acquired around 20 per cent stake of V G Siddhartha and Cafe Coffee Day last month.
May 10, 2019 4:08 am
Shares of Mindtree closed 0.19 per cent down at Rs 978.60 per share on Thursday at the BSE. L&T is in the midst of acquiring a majority stake in Mindtree, which the promoters of the latter are opposed to.
April 18, 2019 3:25 am
Mindtree will, however, seek the approval for its proposal at the forthcoming annual general meeting likely to take place in June or July, but there will be no extraordinary general meeting for the same.