Tag "Mindtree"

LTI and Mindtree to start operating as a merged entity from November 14, 2022

By : CIOL Bureau

Larsen & Toubro Infotech and Mindtree has announced that both Mumbai and Bengaluru Benches of Hon’ble National Company Law Tribunal (NCLT) have approved, via two separate orders, the scheme of amalgamation and arrangement between the two companies and their respective shareholders

IT organisations leading Vaccination initiatives for employees amid the second wave of COVID-19

By : Laxitha Mundhra

As the 2nd wave of COVID-19 rips through the country, we are experiencing the worst of the pandemic. People are either battling the disease or doubling up as caregivers to friends and family. As the COVID-19 second wave is dying down,

Mindtree to acquire NxT Digital Business of L&T to enhance AI-ML capabilities

By : Laxitha Mundhra

Digital Transformation and technology services company Mindtree has signed an agreement to acquire the NxT Digital Business, the cloud-based IoT and AI platform for Industry 4.0 of L&T Group. The company states that the combined offerings of NxT and Mindtree

Mindtree Q2 results: Net profit grows 19% QoQ; Company declares an interim dividend of 75%

By : CIOL Bureau

IT services firm Mindtree on Thursday reported a net profit of Rs 253.7 crore for the quarter ended September, a rise of 87.9 per cent from a year ago. On the other hand, the net profit rose by 19.1% from

BCP PlayBook: Mindtree bet on co-innovation & reskilling to spring back to normalcy

By : Soma Tah

The COVID-19 crisis has hit businesses harder than ever before. Although many large companies had a Business Continuity Plan (BCP) in place that they can fall back on in case of emergencies, but they fell short of expectations during this unprecedented

Mindtree Appoints Vinit Teredesai as Chief Financial Officer

By : CIOL Bureau

Mindtree is a leading digital transformation and technology services company. In a recent development today, it has announced that it has appointed Vinit Teredesai as the Chief Financial Officer (CFO) of the company. This appointment is effective Monday, June 15,

Mindtree Launches Blockchain-Powered Merchant On-Boarding Solution for Banks

By : CIOL Bureau

Mindtree announced the release of its Merchant On-Boarding solution for acquirer banks and payment service providers. It uses Hyperledger fabric Blockchain technology to enable these financial institutions that facilitate credit card or debit payments to more quickly, seamlessly and securely

Mindtree Celebrates 20 Years of Continuous Innovation and Client Service

By : CIOL Bureau

Mindtree this week celebrates 20 years of providing agile and collaborative technology consulting and services for enterprises looking to improve business operations and embrace digital transformation. From its humble beginnings on August 18, 1999, the company has steadily grown into

Challenges ahead for newly appointed Mindtree CEO Debashis

By : CIOL Bureau

Mindtree, an Larsen & Toubro company, announced the new CEO of Mindtree – Debashis Chatterjee, former Cognizant executive. Company’s new Chief Executive Officer has served as the executive vice president and president, global delivery, in Cognizant for 23 years and

Mindtree appointed Debashis Chatterjee as CEO & MD

By : CIOL Bureau

Till yesterday, there was a discussion that who will be the next CEO of Mindtree. And as it was scheduled to announced today, Mindtree, an L&T Group Company, officially announced the appointment of Debashis Chatterjee as the CEO & MD.

Who is going to be CEO of Mindtree: Rajeev Mehta or Debashis Chatterjee

By : CIOL Bureau 2

Yesterday, CNBC-TV18 reported that Debashis Chatterjee, former Cognizant executive is expected to be new CEO of Mindtree. Now today, TOI reported that Rajeev Mehta, former Cognizant president is taking charge as the new CEO. News Update: Mindtree appointed Debashis as new

Former Cognizant exec Debashis Chatterjee to join Mindtree as new CEO

By : CIOL Bureau

Larsen & Toubro, which recently took over Mindtree, had said it would announce a new CEO for the company on August 1. News Update: Mindtree appointed Debshsis as new CEO Mindtree CEO Rostow Ravanan had resigned after L&T took 60

L&T acquires 51.8% stakes of Mindtree

By : CIOL Bureau

Larsen and Toubro Ltd acquires 51.8% of shares in Mindtree Ltd, it is the first hostile takeover in the IT sector. CNBC TV18 channel reported the acquisition today, the report comes within a few months of Mindtree rejecting a hostile

Mindtree Partners with the Indian Institute of Science Bangalore to advance research in Artificial Intelligence

By : Ashok Pandey

Mindtree has created an endowment focused on Artificial Intelligence research with the Indian Institute of Science Bangalore (IISc), India’s premier public establishment for research and higher education in science. This partnership will facilitate teaching and research for AI in both

A Maintenance App for Delhi’s Government Schools

By : CIOL Writers

Arvind Kejriwal has launched an app – developed for free by a Bangalore-based IT company, Mindtree – to promote daily maintenance of government schools in Delhi. Accompanied by the Deputy CM Manish Sisodia, the app was launched on Monday at

Mindtree and MetricStream join hands to alleviate GRC pains of financial firms

BANGALORE, INDIA: To help simplify regulatory compliance for financial firms, Mindtree will leverage MetricStream’s Zaplet, a cloud-based open platform to build, deploy and manage a variety of Governance, Risk, and Compliance (GRC) applications for financial firms globally. Kamran Ozair, Executive