Wed, Aug 28, 2024
Kotak report on LTIMindtree. Why Kotak's confidence increased? Signs of good recovery from Hi-tech vertical also. Know complete details in this video.
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Tue, Jul 18, 2023
What were the key triggers for the results? Where to focus for growth? Watch an exclusive interview with Vineet Teredesai, CFO, LTIMindtree
Wed, Jul 05, 2023
Which other index of Nifty will change? Which shares will be out, who will get place? Know full details in this video
Tue, Mar 19, 2019
The promoters of Mindtree led by Krishnakumar Natarajan, Subroto Bagchi, and Parthasarathy NS among others, responded calling the plan as a grave threat and a value- destructive.
"A hostile takeover by L&T, unprecedented in our industry, could undo all of the progress we've made and immensely set our organisation back," Mindtree's top executives said in the statement.
Mon, Mar 18, 2019
On Sunday, Mindtree Co-founder and ex-CEO Subroto Bagchi resigned as head of the Odhisa Skill Development Authority, saying he was returning to the company.
The A M Naik-helmed L&T is buying Siddhartha`s nearly 21 percent stake for over 30 billion rupees, at 981 rupees a share, which will make it Mindtree`s largest shareholder.
Sat, Jan 26, 2019
The income tax (I-T) department has attached some of the shares held by V G Siddhartha and Coffee Day Enterprises Ltd in Mindtree, a move that may halt them from selling their stake in the IT firm.
Mon, Sep 17, 2018
IT firm Mindtree Monday said it has partnered with the Indian Institute of Technology, Madras to set up a faculty fellow position in Data Science and Artificial Intelligence.
Thu, Jun 14, 2018
The stock tanked as much as 4.2 per cent to Rs 986.55 on the BSE. Over 694,000 shares exchanged hands on the counter against 30-day moving average of 140 lakh.
Sat, May 20, 2017
The appreciation of Indian rupee is likely to hurt margins of Indian IT companies likes TCS, Infosys, Wipro, among others Q1 of FY18 as their services are billed in global currencies mainly in the US dollar and strengthening of the currency will lower their export earnings.
Fri, Apr 21, 2017
Mind tree results came as expectations as revenue increased
Tue, Mar 07, 2017
Tech Mahindra on Tuesday said that the company has acquired US-based healthcare services provider CJS Solutions Group LLC of HCI Group.
Fri, Jan 27, 2017
IT companies expect the government to announce support for research and development (R&D) practices, Digital India, tax rebates and concessions for new-age technological innovations, among others in Budget 2017.
Fri, Jan 20, 2017
The Bengaluru-based firm had posted a net profit of Rs 140.7 crore in the year-ago period.
Mon, Oct 24, 2016
This Q2, Mindtree's net profit declined by 37.13% year-on-year (yoy) to Rs 94.8 crore, while total income from operations was down by 10.07% yoy to Rs 1182.5 crore.
Fri, Oct 21, 2016
On quarter-on-quarter basis, the net profit has been declined by 23.2%.
In Q1FY17, like Infosys and Tata Consultancy Services, Wipro too had disappointed the industry by posting below expectation results.
Tue, Sep 06, 2016
Apart from revenue, the company expects margins to decline with a dip in EBITDA margins in this quarter as against Q1FY17.
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