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Total 98 results found. Search for [ Mindtree takeover ]

Results 60 to 80 of 98
PTI
March 19, 2019



PTI
March 19, 2019



Rukmini Rao
New Delhi, March 19, 2019
The deal according to the founders --Subroto Bagchi, Krishnakumar Natarjan and Rostow Ravanan --is being opposed primarily on two counts. One because L&T already has a company (LTI) that competes with Mindtree for business and second the cultural difference of the organisations.


PTI
March 19, 2019



PTI
March 19, 2019



PTI
March 19, 2019
Under flak for mounting a Rs 10,733-crore hostile takeover bid on Mindtree, engineering major L&T Tuesday said the deal got triggered after largest shareholder VG Siddhartha approached them three months ago, and exuded confidence in winning over the unhappy promoters.


BusinessToday.In
New Delhi, March 19, 2019
Coffee Day Trading and V.G. Siddhartha, promoter of the company, along with certain other parties have signed a definitive agreement to sell their entire stake in Mindtree Ltd to Larsen & Toubro Limited for a consideration not exceeding Rs 3,269 crore.


Rukmini Rao | Goutam Das | E Kumar Sharma
March 19, 2019
Although L&T's hostile takeover of Mindtree has the potential to create an entity revenue over $2 billion, analysts are not positive that it can create any significant value for either of the two companies.


BusinessToday.In
March 19, 2019
Shares of Mindtree and Larsen and Toubro were trading in red after engineering giant announced to buy 66.32% stake in mid-tier IT company in an all-cash deal.


PTI
March 19, 2019
\"We have not thought about integrating Mindtree with us (L&T Infotech). For the time being, it will be run as an independent entity,\" L&T Managing Director and chief executive S N Subramanyan told reporters here on Tuesday.


PTI
March 19, 2019



BusinessToday.In
New Delhi, March 19, 2019
Shares of Reliance Communications rose 10 per cent in the early day trade after Anil Ambani-led company announced that it had cleared Ericsson dues.


PTI
March 19, 2019



BusinessToday.In
March 19, 2019
In a regulatory filing last night Mindtree's promoters, including its four founders, said they intend to \"unconditionally oppose\" Larsen and Toubro's (L&T) hostile takeover bid, calling it a grave threat to their organisation


Rukmini Rao
March 19, 2019
Calling this a strategic fit, S N Subrahmanyan, CEO & Managing Director said, \"This acquisition is part of our strategy to deliver industry-leading IT services to our clients worldwide.\"


PTI
March 18, 2019



Aprajita Sharma
March 18, 2019
The Embassy REIT raised Rs 1,743 crore from anchor investors on Friday. The issue is open for subscription until March 20.


Joe C Mathew
March 18, 2019
Data revisions are part of a healthy practice to balance between timeliness and accuracy. For example, the GDP data is normally revised five times before the final numbers are released.


PTI
March 18, 2019
The scheme, formulated by the Ministry of New and Renewable Energy (MNRE), aims to promote the use of solar energy among the farmers.


PTI
March 18, 2019
Since a larger number of it is over 100-fleet are grounded leading to drastically curtailed operations, the airline is struggling to prevent a nose-dive somehow.


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