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Mindtree board fails to decide on buyback amid takeover bid

NEW DELHI, March 21 -- Mindtree Ltd's board meeting on Wednesday ended with the company's eight directors failing to decide on whether to buy back the company's shares to fend off an hostile takeover ... Read More


A culture shock awaits Mindtree employees under L&T

New Delhi, March 21 -- As engineering conglomerate Larsen and Toubro Ltd (L&T) courses on with its hostile takeover bid for Mindtree Ltd, the first and biggest fear expressed by many analysts and indu... Read More


Mindtree board fails to decide on share buyback amid L&T hostile takeover bid

New Delhi, March 21 -- Mindtree Ltd's board meeting on Wednesday ended with the company's eight directors failing to decide on whether to buy back the company's shares to fend off a hostile takeover b... Read More


Azim Premji trusts get a share of his wealth, but not voting rights

New Delhi, March 19 -- Billionaire Azim Premji's two charities have been made partners in three companies that hold his 56% stake in Wipro Ltd, allowing the trusts to receive monetary gains from the s... Read More


Azim Premji's charitable trusts grow richer on dividends, share sales

New Delhi, March 18 -- Billionaire Azim Premji's two philanthropic trusts earned Rs.11,357 crore ($1.65 billion) over the past nine years by way of dividends, share sales and buybacks, becoming one of... Read More


Are IT spend, economic growth decoupling?

New Delhi, March 8 -- As fast-paced changes reshape global retailers, carmakers and banks, these companies are spending more time and money on digital technologies to ensure that they don't face annih... Read More


Infotech is the only sector with multi-decadal growth visibility

New Delhi, March 8 -- In many ways, Rajesh Gopinathan is like the company he leads. Tata Consultancy Services Ltd (TCS) does business without much fanfare and is set to record $20 billion in revenue i... Read More


IT spending may be decoupling from economic growth

New Delhi, March 5 -- As fast-paced changes reshape global retailers, carmakers and banks, these companies are spending more time and money on digital technologies to ensure that they don't face annih... Read More


IT is the only sector with multi-decadal growth visibility: TCS CEO

New Delhi, March 4 -- In many ways, Rajesh Gopinathan is like the company he leads. Tata Consultancy Services Ltd (TCS) does business without much fanfare and is set to record $20 billion in revenue ... Read More


L&T to invite external expert to probe staff's role in Cognizant case

New Delhi, March 2 -- Larsen and Toubro Ltd (L&T) will ask an external expert to investigate if any illegal payments were made by any of its employees at the behest of US-based Cognizant Technology So... Read More