L&t Mindtree

IT major LTIMindtree replaces HDFC on NSE's benchmark Nifty 50 index

LTIMindtree was formed after the merger of L&T Infotech (LTI) and Mindtree and commenced trading on the Indian stock market under its new name in December 2022

LTIMindtree hits 52-week high; gains 3% on scheduled Nifty 50 inclusion

Thus far in the calendar year 2023, LTIMindtree has outperformed the market by surging 23%, as against 6.5% rise in the Nifty 50 and 5% gain in HDFC.

Stocks to Watch today, July 5: LTIMindtree, Bandhan Bk, Lupin, Adani Power

Stocks to Watch on Wednesday, July 5: LTIMindtree will replace HDFC in the benchmark Nifty50 index, while LIC Housing Finance will likely replace it in the Nifty Financial Services index

Only 1-1.25% of Indian IT employees are above 50, more than 50% below 30

Only 1.1% of TCS employees are aged above 50 years. On the other hand, 52.69% of the company's employees are below the age of 30

Stocks to watch: Coal India, Mankind Pharma, EID Parry, India Pesticides

Stocks to watch on June 1, 2023: From Coal India to Mankind Pharma, here are top stocks to watch in Thursday's trading session

LTIMindtree delays onboarding and extends training for assessment

Move will impact 600-700; letter says freshers have no other option but to accept the programme

Thomas Cook India, SOTC Travel, LTIMindtree together launch 'Green Carpet'

Omnichannel travel services firm Thomas Cook India and its group company SOTC Travel on Tuesday partnered with LTIMindtree to launch 'Green Carpet', a global platform that will help companies to monitor and manage their business travel emissions. Markets regulator Sebi has mandated the top 1,000 listed companies in India by market capitalisations to make filings as per the Business Responsibility and Sustainability Reporting (BRSR) from 2023-24. A SaaS-based platform, "Green Carpet" is designed to address specific concerns faced by organisations, helping them capture, monitor, analyse and reduce their carbon emissions from business travel. It offers real-time insights related to Scope 3 emissions and helps organisations to significantly reduce their ESG reporting costs. "The Sebi (Securities and Exchange Board of India) BRSR mandate extends to the top 1,000 listed companies by market cap - starting from FY24. So this is an immediate need for these enterprises. "Of these 1,000 list

Set up team to resolve MCA21 portal glitches: FM Nirmala Sitharaman

The latest version was launc­hed on January 23

As MCA updates its portal, companies unable to complete essential filings

Market experts said, several of these companies were already in violation of the filing rules due to their inability to submit certain forms, thanks to the portal issues

Ongoing divestment, healthy order inflows positive for Larsen & Toubro

Analysts expect a 12-15 per cent upside from current levels

L&T, CPPIB divest stake in L&T Infra Projs to Edelweiss SPV for Rs 2,723 cr

Enterprise value pegged at Rs 6,000 crore; portfolio includes 8 roads and one power transmission asset; deal closure likely by end of FY23

LTIMindtree down 2%; sheds 9% in four days after market debut

LTIMindtree has emerged as the fifth largest IT services player in terms of market capitalization post-merger

L&T Infotech, Mindtree extend fall ahead of merger, down up to 7% in 3 days

The board of directors of LTI and Mindtree fixed November 24, 2022 as the 'Record Date' for the purpose of determining eligibility of Mindtree shareholders to get shares of the amalgamated company.

L&T Infotech and Mindtree receives approval for merger from NCLT

Creates India's sixth largest IT services and fifth largest in market cap

L&T Infotech, Mindtree merge to make India's 5th-largest IT company

Larsen & Toubro Infotech and Mindtree merger received the approval from National Company Law Tribunal

Consistent growth, margins in Q1 keep Mindtree ahead of larger peers

Analysts at the brokerage expect the company to deliver a 17 per cent dollar revenue growth annually between FY22-24

HDFC twins, HUL lift Sensex 237 pts; SmallCap index dips 3%; Metals plunge

CLOSING BELL: This was the first gain for benchmark indices in seven days

LTI's net headcount set to go up this year, sees no decline in demand

LTI closed FY22 with a total headcount of 46,648 and the addition in the last financial year was more than what it had seen in the previous two years

Stocks to Watch: Reliance, Tata Power, ONGC, Canara Bank, LTI, Mindtree

Stocks to Watch Today: LIC IPO closes for subscription today; Campus Activewear to make its debut on the bourses on Monday.

Top headlines: RIL profits surge, L&T Infotech-Mindtree merger, and more

Business Standard brings you the top headlines on Saturday