L&T's assurances fail to move Mindtree founders
NEW DELHI/MUMBAI/BENGALURU, March 20 -- India's first hostile takeover in the software services industry may yet see a few more twists and turns, with Mindtree Ltd's founders claiming the support of large institutional investors, which between them hold 20.25%, implying that shareholders with 33.52% of voting rights are opposed to Larsen and Toubro Ltd's (L&T) bid....
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