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After the merger, LTIMindtree became India's fifth largest provider of IT services by market capitalisation and sixth largest by revenue. Shares of Mindtree were delisted and shareholders were allotted 73 shares of LTI for every 100 shares of Mindtree held. The parent company, Larsen & Toubro, held a 68.73% stake in the merged entity. [20]
In March 2020, Mindtree announced the appointment of Dayapatra Nevatia as COO with immediate effect. He joins the company from Accenture where he was the managing director as well as the director for delivery for advanced technology centers in India. [21] In May 2022, L&T announced that Mindtree will be merged into Larsen & Toubro Infotech (LTI ...
As of 31 March 2022, L&T has 93 subsidiaries, 5 associate companies, 27 joint ventures and 35 joint operations. [18]L&T – Construction Equipment Limited: having its registered office at Mumbai, India and focusing on construction equipment and mining equipment, L&T-Komatsu Limited [19] was a joint-venture of Larsen and Toubro, and Komatsu Asia Pacific Pte Limited, Singapore, a wholly owned ...
Today we'll look at Larsen & Toubro Infotech Limited (NSE:LTI) and reflect on its potential as an investment. In...
3i Infotech Limited: BSE: 532628: 1993 US$239 million US$84 million (2014) 9,000 [1] HCL Technologies: BSE: 532281: 1976 US$5.36 billion NA 1,97,777 [2] Capgemini Technology Services India Limited BSE: 532337: 1993 US$23.174 million €1,547 million 3,59,600 [3] Infosys: BSE: 500209: 1981 US$8.24 billion US$1.75 billion 1,69,638 [4] Kellton ...
In the video, an employee is heard asking why Larsen & Toubro, one of India's largest conglomerates, requires employees to work on Saturdays. [ 22 ] [ 23 ] In response, Subrahmanyan expressed remorse not being able to make employees work on Sundays, stating it would make him happier since he himself works on Sundays.
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Larsen & Toubro: Mumbai 26.7 1.6 40.7 56.9 Capital goods 12 412 Tata Consultancy Services: Mumbai 29.1 5.5 17.6 166.5 Infotech 13 440 Bank of Baroda: Vadodara 17.1 2.3 198.4 16.2 Banking 14 442 Kotak Mahindra Bank: Mumbai 11.4 2.2 92.0 40.5 Banking 15 472 Bharti Airtel: New Delhi 18.1 0.9 53.3 91.5 Telecommunication 16 488 Coal India: Kolkata ...