Mindtree had earlier constituted a four-member independent directors committee, under the chairmanship of Apurva Purohit, to evaluate the open offer made by L&T to acquire 31 per cent of shares in the company

India is one of the biggest opportunities for infrastructure digitisation

Share Market LIVE: On the sectoral front, indices trading in the green are IT, FMCG, Auto, Metal, Infra and Pharma. In declining indices, PSU bank and Media tops the list with 1.40% decline each, followed by Financial services, Energy, Bank and Realty.

It is not clear whether either crash could have been prevented if the cockpit alert had been working. A Boeing spokesman says that based on a safety review, the company had originally planned to fix the cockpit warning when it began delivering a new, larger model of the Max to airlines in 2020

The open offer, at Rs 980 per equity share, will close on June 28, 2019. The open offer price is Rs 11.55 higher than today's closing price of Rs 970.54 on BSE.

Share Market Live: While Sensex fell 184 points to 40,083 with 15 components in the red, Nifty lost 66 points to 12,021.