Larsen & Toubro Ltd
Finance
Pay gap: How wide the income disparity really is in India Inc?
In July 2017, a research paper co-authored by renowned economist Thomas Piketty fueled a debate after claiming that income inequality ......
TMT
Larsen & Toubro raises Mindtree stake to 26%
Industrial conglomerate Larsen & Toubro Ltd bought an additional 2 percent stake in Mindtree Ltd, raising its total ownership to ......
TMT
L&T buys VG Siddhartha's 20% stake in Mindtree for $461 mn
Engineering and construction conglomerate Larsen & Toubro Ltd on Tuesday acquired a 20% stake in Bengaluru-based IT services firm Mindtree ......
Finance
Apis Partners to invest $110 mn in L&T's infrastructure refinancing arm
Private equity firm Apis Partners LLP has agreed to invest up to $110 million (about Rs 770 crore) in L&T ......
TMT
Value Lens: Is Baring PE Asia paying the right price for NIIT Technologies?
India’s information technology services industry has long been a favourite of overseas private equity investors. The PE firms’ interest in ......
TMT
Baring PE Asia to acquire 30% stake in NIIT Technologies, makes open offer
Baring Private Equity Asia has signed pacts to acquire a 30% stake in NIIT Technologies Ltd and made an open ......
TMT
CCI approves L&T's bid to take over Mindtree
The Competition Commission of India (CCI) late on Friday approved engineering conglomerate Larsen & Toubro Ltd's proposal to take over ......
Finance
IFC to offer $125 mn in debt funding to L&T Finance
International Finance Corporation plans to provide Rs 900 crore ($125 million) to L&T Finance Ltd to help the non-bank lender ......
TMT
Mindtree forms panel to evaluate L&T bid, scraps share buyback plan
Bengaluru-based IT services firm Mindtree Ltd has dropped a plan to buy back shares in the face of a takeover ......
TMT
Value Lens: Has L&T's hostile bid for Mindtree come in at a premium or a discount?
Mergers and acquisitions are not uncommon in India's $167-billion information technology industry. Usually, either the buyer or the target is ......
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