L&T Infotech and Mindtree, the two independently listed IT services companies under Larsen & Toubro Group announced a merger that would create India’s fifth-largest IT services provider. The combined entity will be known as “LTIMindtree”.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The Boards of Directors of Mindtree and L&T Infotech (LTI) at their respective meetings held on Friday approved a composite scheme of amalgamation of both these independently listed IT services companies under the Larsen & Toubro Group. The proposed integration will see Mindtree and LTI join strengths to create an efficient and scaled up IT services provider exceeding USD 3.5 billion. These opportunities will create a more distinctive employee value proposition and stronger partnerships with ecosystem players.
Important takeaways for all competitive exams:
Karnataka, a state in southern India, is known for its rich history, vibrant culture and…
Sociology is the study of society, human behavior and the way people interact with each…
Gujarat is a state located in the western part of India. Known for its rich…
The Best FIFA Football Awards 2024 were held in Doha, Qatar, on December 17, where…
International Migrants Day, observed annually on December 18, serves as an important reminder to honor…
On December 15, 2024, England made history at the Mangaung Oval in Bloemfontein, South Africa,…