Business  /  Published 14.07.22

Mindtree profit rises

Mindtree on Wednesday reported a 37.3 per cent growth in net profit for the quarter ended June 30 on the back of a strong order book position. Net profit during the quarter was Rs 471.6crore compared...
By A Staff Reporter in Calcutta

Business  /  Published 07.05.22

L&T Info, Mindtree boards clear merger

Shareholders of Mindtree as on record date will receive 73 shares of LTI (face value of Rs 1 each) for 100 shares of Mindtree (face value of Rs 10 each). The new shares of LTI issued will be traded on...
By Our Bureau in Calcutta

Business  /  Published 19.04.22

Mindtree, L&T Info merger push

At present, Mindtree’s CEO and managing director is Debashis Chatterjee and L&T Infotech’s CEO and managing director, Sanjay Jalona. In 2020-21, the revenue of L&T Infotech in rup...
By Our Bureau in Calcutta

Business  /  Published 25.03.22

Mindtree plans base in city

Calcutta was a natural choice for Mindtree managing director and CEO Debashis Chatterjee when he was chalking out the next phase of expansion for the IT firm. Having worked in this city for about six...
By Pinak Ghosh and Sambit Saha in Calcutta

Business  /  Published 14.10.21

Wipro profit jumps 17% to Rs 2930cr

IT company Wipro has posted a 17 per cent jump in consolidated net profit to Rs 2,930.6 crore for the quarter ended on September 30, 2021.  The company had posted a net profit of Rs 2,484.4 cror...
By PTI in New Delhi


Business  /  Published 16.10.20

Mindtree profit soars 88%

IT firm Mindtree on Thursday reported a 87.9 per cent rise in consolidated net profit at Rs 253.7 crore for the July-September 2020 quarter, and said it was confident of continuing its growth momentum...
By Our Bureau in Mumbai

Business  /  Published 27.09.20

Mindtree founder pares stake

Mindtree co-founder Krishnakumar Natarajan and his family have sold over 4.66 lakh shares of the company, reducing their combined shareholding to 2.01 per cent from 2.29 per cent. The transactions we...
By PTI in New Delhi

Business  /  Published 29.07.20

Mindtree promoters seek exit

The founders of Mindtree — Subroto Bagchi, K. Natarajan, Rostow Ravanan and N.S. Parthasarathy — have sought reclassification of their status as promoters to public category. In a regulat...
By Our Special Correspondent in Mumbai

Business  /  Published 16.07.20

Mindtree founders look to exit

The founders of Mindtree are reportedly planning to sell their stake in the IT services firm. Last year, Larsen & Toubro had acquired a majority control over the Bangalore-based company and it cur...
By Our Special Correspondent in Mumbai

Business  /  Published 15.02.19

Mindtree share sale clears tax hurdle

The income tax department has released 74.90 lakh attached shares of Mindtree, paving the way for V. G. Siddhartha, the promoter of Coffee Day Enterprises, to sell his stake in the IT firm.However, in...
By Our Special Correspondent in Mumbai


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