As part of the deal LTIMindtree will implement an AI-powered operating model to deliver application management infrastructure support and cybersecurity services
The computer software and consulting firm's stock rose as much as 7.7 per cent during the day to ₹4,977 per share
Customers are looking at tightening their spending and saving the last dollar rather than spending more on new age technologies
Reported deal-booking stood at $1.6 billion versus $1.68 billion in Q3FY25. The headcount fell by 2,493, bringing the total to 84,307 employees
LTIMindtree shares today climbed 1 per cent in early deals to hit a high of ₹4,585 per share. They, however, gave up gains and hit a low of ₹4,450 per share in the intraday trade
Stocks to Watch on Thursday: Tata Consumer, LTIMindtree, Bajaj Housing, NHPC, Bajaj Finance, BPCL and Adani Green are among the stocks to watch today, April 24, 2025
Revenue was up 9.9 per cent to Rs 97,717 crore during the same period
IT stocks such as Infosys, TCS, HCL Technologies, LTIMindtree and others have declined up to 37 per cent from the December highs and look oversold on the daily chart; here are the key levels to track.
Deshpande, who was the frontrunner to replace outgoing chief executive Debashis Chatterjee before losing out to Lambu, will be based in New York
The October-December quarter (Q3) of FY25 record deal-intake of $1.68 billion (up 29 per cent quarter-on-quarter or QoQ) could aid growth in Q4FY25
At 9:57 AM, the Nifty IT index was trading lower by 2.30 per cent, at 39,612. It touched an intra-day low of 39,465.75 during the session so far.
Lambu is a global executive leader with more than 30 years of experience in driving strategies and hyper-growth in the technology and services industry
Debashis Chatterjee, or DC as he is colloquially known in the industry, took over the reins of LTIMindtree in November 2022 after the merger of Larsen & Toubro firms L&T Infotech and Mindtree
He shared insights on the outlook for 2025-26 (FY26), the role of AI in efficiency-driven deals, and the state of discretionary spending
Reversal of furloughs, continued strength in the BFSI vertical and ramp-up of deals will be the key drivers for growth in Q4FY25
According to Motilal Oswal Financial Services, Infosys and LTIMindtree, both companies with a high discretionary tilt, have provided a more cautious view on discretionary-spend recovery
In the third quarter ended December 31, 2024, LTIMindtree's net profit declined 13.2 per cent quarter-on-quarter (Q-o-Q) basis to Rs 1086.7 crore as compared to Rs 1,252 crore in Q2
(Reuters) - Indian software services provider LTIMindtree on Thursday reported third-quarter revenue above estimates, propelled by execution of large deals won in previous quarters.
Q3 FY25 company results today: Reliance, Infosys, LTIMindtree, Havells, and Axis Bank are among 36 firms to release their earnings report for the Oct-Dec quarter on January 16
The rupee fell 2 paise to near all-time low of 84.85 against the US dollar in early trade on Thursday on the back of foreign fund outflows and rising crude oil prices