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L&T buys VG Siddhartha's 20% stake in Mindtree for $461 mn

TMT

30 April, 2019

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 ......

R Systems acquires US-based digital services firm Innovizant

TMT

05 February, 2019

R Systems acquires US-based digital services firm Innovizant

Listed software services firm R Systems International Ltd said on Tuesday that it has acquired US-based digital services company Innovizant ......

Cyient to take full control of electronics system design unit

TMT

22 January, 2019

Cyient to take full control of electronics system design unit

Listed engineering and software services company Cyient Ltd has signed a definitive agreement to acquire the 26% stake it did ......

L&T Infotech to acquire Luxembourg banking IT services firm Syncordis

TMT

15 November, 2017

L&T Infotech to acquire Luxembourg banking IT services firm Syncordis

Larsen & Toubro Infotech Ltd, the software services arm of engineering giant Larsen & Toubro Ltd, has agreed to acquire ......

Tech Mahindra to sell step-down unit in Pakistan to Swiss firm

TMT

21 June, 2017

Tech Mahindra to sell step-down unit in Pakistan to Swiss firm

Software services firm Tech Mahindra Ltd said on Wednesday it has agreed to sell a step-down subsidiary in Pakistan to ......

Wipro hikes stake in US-based cloud solutions firm Drivestream

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14 June, 2017

Wipro hikes stake in US-based cloud solutions firm Drivestream

India's third largest IT services provider Wipro Ltd has invested $809,690 (about Rs 5.21 crore) in Drivestream Inc to increase ......

HCL Tech to acquire US BPO firm Urban Fulfillment

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24 April, 2017

HCL Tech to acquire US BPO firm Urban Fulfillment

HCL Technologies Ltd, India’s fourth-largest software services exporter, has agreed to acquire US-based Urban Fulfillment Services LLC for up to ......

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 ......

Infosys to rejig operations, split into smaller business units

TMT

08 September, 2016

Infosys to rejig operations, split into smaller business units

Infosys Ltd, the country’s second-largest IT services company, is restructuring its operations and splitting itself into 12 to 15 smaller ......

L&T Infotech shares drop in market debut

TMT

21 July, 2016

L&T Infotech shares drop in market debut

L&T Infotech Ltd, the software services arm of engineering giant Larsen & Toubro Ltd, made a tepid debut on stock ......