Page 2 - L&t Mindtree

Our order book is $1 bn; rolling-out salary hikes: Mindtree CEO Chatterjee

About 98% of employees of the IT services firm are working from home, but Chatterjee said he is expecting a hybrid work model would emerge

Mindtree will get back to growth path faster than others, says Chatterjee

'We won more deals in the past two quarters that were annuity in nature'

L&T Q2 net up 7% to Rs 2,770 cr, ordewr book swells to Rs 3 trillion

Consolidated revenues up 15% to Rs 35,328 crore

Mindtree board appoints L&T boss A M Naik as non-executive chairman

Mindtree Wednesday said L&T Group Chairman A M Naik has been appointed as non-executive chairman of the IT company. The move follows the construction major acquiring over 60 per cent stake in the Bengaluru-based IT company. "...the Nomination and Remuneration Committee and the Board of Directors of the company at their meeting held on July 17, 2019, have appointed Anilkumar Manibhai Naik as the Non-Executive Chairman of the company with effect from July 18, 2019," Mindtree said in a regulatory filing. Naik is the Chairman of USD 18 billion L&T Group an organisation he has served for over 54 years, and led for the last 20 years. The construction major's takeover of Mindtree had marked the first hostile acquisition in the country's IT space and L&T now holds 60.06 per cent stake in the IT firm. L&T was categorised as the new promoter of Mindtree earlier this month. The takeover process started when L&T bought 20.32 per cent stake in the Bengaluru-based company from .

Mindtree is not being snatched, coming under bigger tree: L&T CEO & MD

L&T's Managing Director & Chief Executive Officer S N Subrahmanyan also said the company was in safe hands with the engineering major as the promoter

Mindtree hits 52-week low; stock dips 17% in two days after top mgt resigns

The stock fell below its previous low of Rs 753 touched on October 26, 2018 in the intra-day deals. Meanwhile, the stock on Monday turned ex-date for dividend of Rs 24 per share.

'Mindtree is independent': L&T tells shareholders after shares plunge

Mindtree shares have lost close to a quarter of their value in the last two trading sessions at stock exchanges

Larsen and Toubro receives promoter's tag in Mindtree with 60% stake

Mindtree is scheduled to hold its next annual general meeting (AGM) on July 16

Race for Mindtree CEO's post: 3 on L&T shortlist to replace Rostow Ravanan

As engineering major secures controlling stake in IT firm, likelihood of an early exit of Ravanan looks imminent

L&T's stake in Mindtree crosses 60% as open offer is fully subscribed

According to data available with exchanges, against an offer of 51.3 million shares, L&T has so far received bids for 55.4 million shares

Mindtree CEO Ravanan likely to quit after L&T picks majority stake: Report

L&T started an unsolicited takeover for Mindtree Ltd. in March and has since then expanded its shareholding to a majority stake.

L&T-Mindtree takeover battle: Subroto Bagchi may offload stake this week

As of June 25, L&T's stake in the company has reached 47.75 per cent

Construction major L&T secures three board positions in IT firm Mindtree

IT firm Mindtree Thursday said L&T CEO and MD SN Subrahmanyan will join its Board as Non-Executive Director with effect from July 16