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Mindtree forms panel to evaluate L&T bid, scraps share buyback plan

TMT

26 March, 2019

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 ......

Blackstone eyes VG Siddhartha's realty unit; Nykaa acqui-hires former ICICI Venture exec's startup

General

22 March, 2019

Blackstone eyes VG Siddhartha's realty unit; Nykaa acqui-hires former ICICI Venture exec's startup

Private equity firm Blackstone, one of India's biggest owners of office space, is likely to acquire a real estate venture ......

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Value Lens: Has L&T's hostile bid for Mindtree come in at a premium or a discount?

TMT

20 March, 2019

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 ......

After hostile bid, L&T turns on charm offensive to woo Mindtree

TMT

19 March, 2019

After hostile bid, L&T turns on charm offensive to woo Mindtree

A day after acquiring a 20.3% stake in software services company Mindtree Ltd, engineering and financial services conglomerate Larsen & ......

L&T makes $1.56-bn hostile bid to take control of Mindtree

TMT

18 March, 2019

L&T makes $1.56-bn hostile bid to take control of Mindtree

Larsen & Toubro Ltd has agreed to buy a fifth of Mindtree Ltd and initiated actions to take control of ......

L&T may make hostile bid for Mindtree; Essel to sell MF business

General

13 March, 2019

L&T may make hostile bid for Mindtree; Essel to sell MF business

Larsen & Toubro Ltd is set to sign a pact to buy Cafe Coffee Day founder VG Siddhartha’s 20.4% stake ......

SWFs eye Reliance Group's stake in mutual fund; CDPQ, others circle Delhi-Agra road

General

25 February, 2019

SWFs eye Reliance Group's stake in mutual fund; CDPQ, others circle Delhi-Agra road

Three West Asian sovereign wealth funds are eyeing Anil Ambani group’s $1 billion (Rs 7,103 crore at current exchange rate) ......

Veteran Citi dealmaker Pramit Jhaveri gets Asia-Pac role; SSG bids for Uttam Galva assets

General

25 January, 2019

Veteran Citi dealmaker Pramit Jhaveri gets Asia-Pac role; SSG bids for Uttam Galva assets

Citibank India CEO Pramit Jhaveri has been named the vice-chairman of the company’s banking, capital markets and advisory business across ......

Former BofAML exec to lead Lone Star Funds in India; KKR eyes stake in Mindtree

General

06 December, 2018

Former BofAML exec to lead Lone Star Funds in India; KKR eyes stake in Mindtree

Former Bank of America Merrill Lynch (BofAML) executive Ambrish Singh will head the India operations of Lone Star Funds, a ......

IT industry has little to cheer and complain about

TMT

01 February, 2017

IT industry has little to cheer and complain about

The Union budget for 2017-18 largely had a neutral impact on the Indian IT industry, which has been jolted by ......