Business Today: Latest Business News, India economy News, Stock Markets, Sensex, Mutual Funds and Indian Tax
Search

Total 141 results found. Search for [ hostile takeover ]

Results 40 to 60 of 141
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.


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


PAGES 3 OF 8  12345