It Services-firm

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It Services-firm - Total results - 5
Infosys shares fall over 4% in early trade after Q2 earnings; brokerages remained cautious post-earnings
Business

Infosys shares fall over 4% in early trade after Q2 earnings; brokerages remained cautious post-earnings

Infosys' consolidated net profit declined by 2.2% to Rs 4,019 crore for the July-September 2019 quarter

L&T secures three board positions in Mindtree; construction major to get firm control in IT services firm
Business

L&T secures three board positions in Mindtree; construction major to get firm control in IT services firm

In March, L&T had said it will buy 20.32 percent stake in Mindtree from VG Siddhartha and his coffee enterprise for over Rs 3,000 crore — marking India's first-ever hostile takeover bid in the IT space.

L&T acquires 73,953 Mindtree shares, shareholding in IT services firm goes up to 26.53%
Business

L&T acquires 73,953 Mindtree shares, shareholding in IT services firm goes up to 26.53%

After the latest transaction, L&T's shareholding in Mindtree stands at 26.53 percent. The latest stock purchase was made at Rs 979.99 apiece.

Mindtree board set to meet again on 26 March to deliberate on L&T's buyback offer
Business

Mindtree board set to meet again on 26 March to deliberate on L&T's buyback offer

On Monday, diversified L&T made an offer to buy up to 66 percent stake in Mindtree for around Rs 10,800 crore

HCL Tech's Q1 net profit up 10% to Rs 2,431 cr; consolidated revenues from operations grows 14.2% to Rs 13,878 cr
Business

HCL Tech's Q1 net profit up 10% to Rs 2,431 cr; consolidated revenues from operations grows 14.2% to Rs 13,878 cr

HCL Technologies has overtaken Wipro -- the third largest Indian IT services firm -- in terms of dollar topline