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Total 98 results found. Search for [ Mindtree takeover ]

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PTI
April 17, 2019
The company has declared an interim dividend of Rs 3 per share that will be paid before May 10 and also pay Rs 4 a share in final dividend, besides Rs 20 in special dividend


PTI
April 17, 2019



BusinessToday.In
New Delhi, April 17, 2019
In dollar terms, Mindtree's revenue jumped 15.80 per cent YoY to USD 262 million, while net profit increased merely by 0.3 per cent to USD 28.2 million


PTI
April 17, 2019



PTI
April 17, 2019
The Bengaluru-based company's revenue also increased by 25.6% to Rs 1,839.4 crore in the said quarter, as compared to Rs 1,464 crore in the year-ago period


PTI
New Delhi, April 14, 2019
L&T's manpower strength stood at 42,924 as on March 31, 2018 as compared to 41,466 as at March 31, 2017


PTI
April 14, 2019



BusinessToday.In
April 6, 2019
CCI has approved acquisition of up to 66.15 per cent of the total equity shareholding of Mindtree Limited, on a fully diluted basis, by Larsen and Toubro Limited


BusinessToday.In
March 27, 2019
Snapping two-day gaining streak, shares of Mindtree tumbled 4 per cent on Wednesday following the board's decision to not proceed with the proposed buyback of equity shares. The share of Mindtree Ltd. tumbled down to a low of Rs 911, a 39.55 points or 4 per cent slide against the previous close on Bombay Stock Exchange. The stock fell  2 per cent to the day's low at Rs.931.00 on NSE.


BusinessToday.In
New Delhi, March 26, 2019
L&T offered to buy 5.13 crore fully paid-up equity shares of Rs 10 each from Mindtree at Rs 980 apiece. Last week, L&T bought 20.40 per cent stake in Mindtree from Cafe Coffee Day founder VG Siddhartha for about Rs 3,300 crore


Nevin John
New Delhi, March 25, 2019
According to back-of-the-envelope calculation, the promoters of Mindtree will get Rs 2,144 crore for their 13.32 per cent stake at Rs 980 a share. If L&T increases the offer price by Rs 100 a share, they will get around Rs 219 crore more.


BusinessToday.In
March 25, 2019
The reason for Mumbai's high car density can be attributed to lack of road space with just 2,000 km of roads as compared with 28,999 km in Delhi, although the city's private car population is less than a third of Delhi's.


Prosenjit Datta
March 25, 2019
Rajat Gupta's appeals have been rejected--not because the appeals court believes he is guilty as charged but because it saw no reason to reopen a trial that had been conducted properly in the first place.


BusinessToday.In
New Delhi, March 25, 2019
India inducts four CH-47 Chinook choppers, joining a long list of 19 countries including the US, UK, Japan, and South Korea that deploys the twin-engined, heavy-lift helicopters.


BusinessToday.In
New Delhi, March 25, 2019
Pointing out that it was Cafe Coffee Day founder VG Siddhartha who approached them, Naik claimed that L&T was not making a hostile takeover bid. This, incidentally, was the same stand taken by managing director and chief executive SN Subrahmanyan last week


PTI
March 21, 2019



PTI
March 20, 2019



BusinessToday.In
New Delhi, March 20, 2019
The promoter of the company, V.G. Siddhartha, along with certain other parties has signed a definitive agreement to sell their entire stake in Mindtree Ltd to Larsen & Toubro for a consideration not exceeding Rs 3,269 crore.


BusinessToday.In
March 20, 2019
Subroto Bagchi, who recently returned to the company to fend off L&T takeover attempt, penned an emotional letter to Mindtree employees detailing how the co-founders refused \"huge bags of money to give Mindtree away\"


PB Jayakumar
March 20, 2019
Larsen & Toubro's hostile acquisition attempt of IT major Mindtree is itself a repeat of history, and if required, the promoters of Mindtree can attempt a lesson L&T learned and enacted to thwart its own hostile acquisition attempts by the Reliance Industries and Birlas in early 2000s.


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