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L&T’s Mindtree stake buy: Time for tech firm to analyse if acquisition will create better value for company
Rajesh Begur •For Mindtree’s promoters, who hold nearly 13 percent of the company, there are fewer options to avoid the hostile takeover.
L&T makes offer to buy up to 66% stake in Mindtree for Rs 10,800 crore; IT firm to remain independent listed entity
•L&T has entered into a deal to buy Cafe Coffee Day owner V G Siddhartha's 20.32 percent stake in Mindtree and has also placed an order with brokers to pick up another 15 percent
Coffee Day founder VG Siddhartha in talks to sell stake in Mindtree; L&T Infotech may close the deal
Fp Staff •Siddhartha is the single largest shareholder in the mid-size IT services headquartered in Bengaluru
L&T Infotech stock falls over 3% as promoter proposes to offload stake in the company
•L&T proposed to sell up to 59 lakh equity shares representing 3.41 percent of the total paid up equity share capital of Larsen & Toubro Infotech, with an over subscription of 46.28 lakh equity shares representing 2.67 percent though stock market route on Monday and Tuesday
H-1B visa overview in charts: Infosys pays the most among Indian IT cos, TCS 8th best
Kishork123 •In 2017, only 58.7 percent of H-1B visa applications got approved -- a drastic fall from 87.2 percent in 2016
L&T Infotech Selects HP Software Testing Services
Fp Archives •L&T Infotech plans to introduce specialised testing services across Europe, Africa and North America.
L&T Infotech Partners With BMC Software For Global Infrastructure Services
Fp Archives •L&T Infotech and BMC aim to offer infrastructure management solutions such as datacentre automation, IT service management and cloud computing management to global clients.
L&T Infotech Wins SAP ERP Implementation At Tuticorin Port
Fp Archives •L&T Infotech will integrate the port's operational, financial, real-estate and HR systems along with the Integrated Port Information System.
L&T Infotech, Intel To Drive Cloud Access Security Software To Market
Fp Archives •Offering brings comprehensive, enterprise-class access control for the cloud.
Can Integration Solve IT Challenges of A Group CIO
Fp Archives •Ashok Menon, Head – India Solution – BFS, L&T Infotech talks about the possibility of how IT can be leveraged as one unit for the Group rather than viewing it from a Siloed perspective.