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Lt Infotech

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L&T Infotech, Mindtree announce mega merger

L&T Infotech and Mindtree on Friday announced a mega-merger to create an efficient and scaled-up IT services provider, exceeding $3.5 billion in combined revenue, according to a statement.......

L&T plans to cut debt by Rs 30,000 crore

To sell off L&T IDPL, Nabha Power; transfer Hyderabad Metro to an InvIT. Construction and engineering major Larsen & Toubro (L&T) is set to reduce its debt by Rs 30,000 crore in the next financial......

How Mindtree plans to thwart L&T's takeover bid

Mindtree plans to recommend to its investors not to subscribe to the open offer, citing low offer price, among key reasons. The founders were exploring several other options, including coming out......

Mindtree promoters vow to fight L&T's takeover bid

The promoters of IT company Mindtree have vowed that they would unconditionally oppose the attempted hostile takeover bid by Larsen and Toubro, and dubbed it a grave threat to the......

L&T makes Rs 10,800 crore hostile bid for Mindtree

L&T -- which has two subsidiaries L&T Infotech and L&T Technology Services -- is keen to bring Mindtree under its fold to exponentially raise its client base and product offering. In the country's......

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