LTIMindtree has opened a new digital experience centre in Hyderabad, thereby further growing its operations in the Telangana capital. According to LTIMindtree, the new, 100,000 sq. ft. centre is capable of accommodating over 1,000 professionals. It is designed to serve as a modern agile workplace to offer a collaborative working experience. Furthermore, the digital experience […]
Larsen & Toubro Infotech and Mindtree, technology consulting and digital solutions companies under the Larsen & Toubro Group, will now operate as a merged entity called LTIMindtree with effect from 14 November 2022. The merger of the two independently listed companies as LTIMindtree follows the approval of both Mumbai and Bengaluru Benches of the National […]
Larsen & Toubro Group (L&T) will merge its two independently listed IT services companies — Mindtree and Larsen and Toubro lnfotech (LTI) to create a large-scale IT services player in India with annual revenue of over $3.5 billion. The boards of directors of the two Indian IT firms at their respective meetings gave their nod […]
Mindtree, an Indian digital transformation company, has inaugurated its second facility in Pune at the International Convention Center Tech Park (ICC Tech Park). The 43,000sft facility can accommodate over 350 professionals. Mindtree started operations in Pune in 2009 with a more than 200,000 sft facility in Hinjawadi that can house more than 1,300 professionals. Currently, […]
Mindtree said that it has extended its relationship with digital workflow company ServiceNow by launching industry-specific Internet of Things (IoT) solutions built on the latter’s Connected Operations. Connected Operations is said to be a proactive system of action for IoT. Jonathan Sparks — Vice President of IoT and Operations Products at ServiceNow said: “Across industries, […]
Mindtree said that it has been selected as a strategic partner by US-based fixed-income investment manager Western Asset Management to help propel innovation and differentiated experiences for the latter’s global investors. The Indian IT firm will initially work with Western Asset’s team on the IT infrastructure and applications portfolio, as well as in facilitating various […]
Mindtree, an Indian technology consultancy company, has signed a deal worth INR 198 crores with Larsen & Toubro (L&T) to acquire the latter’s NxT Digital Business, a cloud-based IoT and AI platform for Industry 4.0. Founded as a startup, NxT Digital Business, is said to have played a key role in extensive applications of IoT […]
Mindtree Q4 FY2021 results : Mindtree has reported a net profit of INR3.17 billion ($43.3 million) for the fourth quarter of the fiscal year 2021 (Q4 FY2021) that ended 31 March 2021, a 53.9% increase compared to INR2.06 billion ($27.66 million) reported in Q4 FY2020. The Indian technology consultancy company registered 3.5% year over year […]