Saturday, Apr 20, 2024 | Last Update : 04:18 AM IST


Mindtree Launches Blockchain-Powered Merchant On-Boarding Solution for Banks

Mindtree’s solution is architected to simplify and streamline this process using Blockchain technology.

18 Sep 2019 8:02 PM

How India’s ongoing digital transformation will drive the rise of its economy

To reach the milestone of USD 5 trillion by 2025, it will need to grow at a nominal CAGR of 12 per cent over the next five years.

03 Sep 2019 5:32 PM

Assessing situation after disappearance of chairman V G Siddhartha: Cafe Coffee Day

The company said Siddhartha is not reachable since Monday evening. 'We are taking the help of concerned authorities'.

30 Jul 2019 9:48 PM

Mindtree shares plunge 8 per cent on disappointing Q1 results

In terms of traded volume, 7.32 lakh shares of the company were traded on the BSE during the day.

18 Jul 2019 5:26 PM

Mindtree board appoints L&T chief A M Naik as non-executive chairman

The move follows the construction major acquiring over 60 per cent stake in the Bengaluru-based IT company.

18 Jul 2019 11:18 AM


MindTree shares tumble 14.6 pc after chairman, CEO quit

The founders had vehemently opposed L&T bid, terming it hostile and as a grave threat and value destructive to shareholders.

08 Jul 2019 1:11 PM

Mindtree says L&T categorised as promoter with 60.06 pc stake

The development is significant as the Mindtree founders had initially resisted the hostile takeover bid.

03 Jul 2019 8:32 PM

L&T pays Mindtree shareholders for shares accepted in open offer

The infrastructure major's open offer - at Rs 980 a share - began on June 17 and concluded on June 28.

03 Jul 2019 8:38 AM

L&T to get 3 seats on Mindtree Board; Subroto Bagchi to step down

Mindtree said L&T CEO and MD S N Subrahmanyan will join its Board as Non-Executive Director with effect from July 16.

21 Jun 2019 9:52 AM

L&T to get three Board positions in Mindtree

IT firm Mindtree on Thursday said L&T CEO and MD SN Subrahmanyan will join its Board as Non-Executive Director with effect from July 16.

20 Jun 2019 6:46 PM


Mindtree independent directors say L&T's offer price at Rs 980/share is reasonable

Mindtree shares closed at Rs 975.50 a piece on NSE and Rs 974.65 a share on BSE.

12 Jun 2019 12:22 PM

L&T makes Mindtree open offer

The open offer is for 5.13 crore shares, or 31 per cent stake, of Mindtree at Rs 980 per share, according to a regulatory filing.

08 Jun 2019 1:40 AM

L&T picks up Mindtree shares worth Rs 316 cr between May 20-24

The infrastructure major is eyeing up to 66 per cent stake in Mindtree for around Rs 10,800 crore.

26 May 2019 10:37 AM

L&T acquires 1,168 shares of Mindtree

Shares of Mindtree ended at Rs 974.25 apiece on the BSE on Tuesday, 0.13 per cent lower than the previous closing.

14 May 2019 6:47 PM

L&T acquires additional 2 pc stake in Mindtree; takes total holding to 26 pc

L&T had earlier purchased around 20 pc stake of V G Siddhartha and Cafe Coffee Day in Mindtree through a block deal.

10 May 2019 9:31 AM


L&T buys VG Siddhartha, Coffee Day stake in Mindtree for Rs 3,210 cr

Infrastructure major Larsen & Toubro is in fray to buy up to 66 per cent stake in the Mindtree for around Rs 10,800 crore.

01 May 2019 4:01 PM

Mindtree's special dividend could strip firm of Rs 320 cr ahead of L&T takeover

Asked if Mindtree anticipated any objection from L&T on its latest move, Ravanan said: 'I have absolutely no idea.'

17 Apr 2019 7:26 PM

CCI approves L&T's proposed acquisition of 66.15% stake in Mindtree

Deals beyond a certain threshold require clearance from the fair trade regulator CCI.

06 Apr 2019 10:06 AM

Mindtree spikes buyback plan

Mindtree said it has decided to constitute a Committee of Independent Directors to evaluate the L&T offer.

27 Mar 2019 1:41 AM

Mindtree forms panel over L&T open offer, nixes share buyback plan

Mindtree co-founders have opposed the bid by L&T to acquire it.

26 Mar 2019 6:27 PM