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3 mins read
Stock market closing 12 July: Sensex closes past 80k, IT and media sectors make most gains
Out of the 2,765 stocks traded during the day, 1,108 saw advances while another 1,577 saw declines.…
2 mins read
Stock market 12 July: Sensex inches up over 80k, LTI Mindtree, Tata Steel, BPCL take early lead
LTI Mindtree took a significant lead of over 2% in early morning trade. Tech Mahindra, Tata Steel, …
1 min read
LTIMindtree Q2 net profit declines as profit margin contracts
The country's sixth biggest IT services company by revenues, LTIMindtree, reported a decline in Sep…
PTI
3 mins read
Mindtree’s Q2 net profit rises 7.9% sequentially to ₹509 crore
Bengaluru-based Mindtree’s net profit in the September quarter rose 7.9% sequentially to ₹509 crore…
1 min read
Mindtree's operating profit goes up over 20% sequentially, as the Bengaluru-based IT services firm gets highest ever order book
In dollar terms, net profit rose by 64.7 per cent to USD 46.5 million while revenue grew by 22.6…
PTI
3 mins read
After HDFC twin merger, L&T might merge Mindtree and LTI to create a $22 billion IT company, says a new report
After the merger of HDFC Bank and HDFC, the street might witness another merger of two major compan…
1 min read
Mindtree's share jumped by over 2% after quarterly profits hit $27.7 million
On the NSE, it climbed 2.37 per cent to close at Rs 884.90.
In terms of the traded volume,…
PTI
5 mins read
Accenture’s disappointing Q1 and FY23 forecasts indicate more pain for the IT sector
Dublin-based tech major Accenture gave out disappointing guidance for the next quarter and fiscal y…
1 min read
Mindtree Q3 net profit up 3 pc to Rs 197 cr
New Delhi, Jan 14 () IT firm Mindtree on Tuesday reported a 3 per cent rise in consolidated net pro…
PTI
3 mins read
All decks cleared for L&T’s share buyback as co turns debt free
L&T said in its annual report that it has become debt free after considering cash and cash equivale…
2 mins read
Vehicle price hikes to limit impact of rising input cost on OEMs, says India Ratings and Research
"The vehicle price hikes coupled with the cost rationalisation measures taken by OEMs to count…
2 mins read
The exodus of Mindtree executives has dented earnings and now shareholders are running for the hills — over to AM Naik
As the L&T veteran and a marquee business leader in India, AM Naik, takes over as the non-ex…
2 mins read
Top stocks to watch — HCL Tech, Airtel, IndiaMart, Mindtree, AstraZeneca Pharma, Sun Pharma, Voltas, and others
Amidst mixed sentiments from the global markets, the Indian equities are likely to open flat on Fri…
2 mins read
India begins a new trading week with a hostile takeover battle between Mindtree's founders and L&T
Indian technology services company Mindtree, backed by coffee baron VG Siddhartha, is at the cent…
1 min read
L&T Infotech and Mindtree will remain separate and the open offer will be at ₹980
Shares of L&T Infotech gained over 3.7% during mid-day trade on Tuesday (March 19) after a r…
2 mins read
COVID-19: Mindtree sees high single-digit decline in dollar revenue growth during Q1
"COVID-19 outbreak has been creating unprecedented level of uncertainty with major economies virtu…
PTI
4 mins read
Former Wipro and Mindtree exec’s firm Happiest Minds Tech’s ₹702 crore IPO — what works for it and what doesn’t
The IPO will remain open for subscribers until September 9. And, the company has fixed the issue…
1 min read
Shares of MindTree are rising. Know why
Shares of MindTree Ltd., a mid-sized software services provider, rose more than 3 percent after it …
1 min read
Mindtree acquires two companies to shore up its digital business
"We are very excited about the synergies both Mindtree and Bluefin bring in the digital space. The …
5 mins read
Looking Beyond Microsoft: Where Do You Want To Go Today?
However, it’s too early to write off Microsoft. Big companies don’t die easily. Apple has languishe…