AM Naik steps down as chairman of LTIMindtree, LTTS; SN Subrahmanyan takes over
SN Subrahmanyan has been appointed as chairman of LTIMindtree and LTTS.
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Bettering Tech’s Big Boys
At a time when big IT services companies are struggling, the agility of mid- and small-cap firms is giving them an edge.
L&T Tech Q3 results: Profit rises 13% to ₹336 cr; revenue zooms 12%
In the December quarter, the company’s revenue from operations surged 12.3% YoY to ₹2,421.8 crore, as against ₹2,157 crore in the same period last year.
L&T Tech shares tank 5% on FY24 revenue guidance cut
The company cut its revenue growth guidance for FY24 to 17.5%-18.5% on account of global macroeconomic headwinds.
L&T Technology's net profit up 5% at ₹315 cr in Sept quarter
In the September quarter, the company’s voluntary attrition rate increased to 24.1% as against 16.7% in the September quarter of FY23.
L&T Technology Services bags multi-million-dollar deal from BMW
L&T Technology Services will provide services in software build and integration, infotainment validation and defect management
Mindtree co-founders call it quits, L&T in control
Experts say it is important for L&T to not make any drastic changes to Mindtree’s organisational structure.
Mindtree stands taller than L&T in employees’ estimation
On account of culture and values as well as work-life balance, Mindtree gets better ratings than L&T Infotech and L&T Technology Services on recruitment websites like Glassdoor.com
Mindtree board says no to share buyback
L&T says open offer for Mindtree to start on May 14 at a price of ₹980 a share.
L&T’s returns from Mindtree investment can double in five years
The engineering conglomerate says its bid for Mindtree is far from hostile and it can help the firm grow well in the future
