Subroto Bagchi

Subroto Bagchi News

Mindtree sets up panel to look at L&T open offer, drops buyback plan

On March 18, L&T said that it has entered into an agreement with VG Siddhartha and his related entities — Coffee Day Trading Limited and Coffee Day Enterprises Limited — to acquire 20.32 per cent stake in the technology firm at Rs 980 per share aggregating to approximately Rs 3,269 crore.

Mindtree board defers decision on buyback, meeting adjounred to a future date

L&T also plans to make an open offer for another 31 per cent at Rs 980 per share, taking the total transaction valued at about Rs 10,700 crore for a near 67 per cent stake.

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Explained: What next in the Mindtree takeover saga?

Speculation is rife that L&T is in advanced stages of negotiations to buy out a 20.4 per cent stake held by Cafe Coffee Day's founder VG Siddhartha -- Mindtree's largest shareholder.

Amid ‘hostile takeover’ bid, Subroto Bagchi to return to Mindtree

The development comes amid speculation that Larsen and Toubro is in advanced stages of negotiations to buy out a 20.4 per cent stake held by Cafe Coffee Day’s founder V G Siddhartha – Mindtree’s largest shareholder.

Subroto Bagchi to head Odisha Skill Development Authority

He would assume office on May 1 and report to Chief Minister Naveen Patnaik. A statement from government said Bagchi will be given all the support necessary to make a difference to the youth of the state.

Two-day IT conclave comes to an end

Bagchi spoke on issues like leadership and role of young entrepreneurs in providing quality service.

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