Sections
Shows
Parthasarathy Ns
Recent Highlights
All Stories for Parthasarathy Ns
Mindtree shares tumble 14.6% after three founders resign from IT company's board, executive roles
•The Mindtree founders had vehemently opposed the L&T bid, terming it hostile and as a grave threat and value destructive to shareholders.
L&T's open offer to Mindtree's shareholders stuck in limbo over Sebi norms; regulator examining conditions for bid
Fp Staff •L&T entered into a deal to buy Cafe Coffee Day owner V G Siddhartha's 20.32% stake in Mindtree and had also placed an order with brokers to pick up another 15% of the company shares from the open market.
Mindtree board to meet today to discuss share buyback; L&T wants IT firm chairman Krishnakumar Natarajan to continue
Fp Staff •Mindtree promoters allege money offered to them to give away firm; say won't yield to L&T's hostile bid silently
Fp Staff •In the country's first hostile takeover bid in the IT sector, Larsen & Toubro on Monday made an offer to buy up to 66 percent stake in the Mindtree for around Rs 10,800 crore, reported PTI.