As part of the merger, 73 shares of LTI will be issued to each shareholder of Mindtree for every 100 shares of Mindtree. L&T, the merging entity's parent business, will own 68.73% of it.
The current market cap of the company is Rs1,877.05 crore.
Gold stays propped up near three month highs but edged slightly lower in early Asia tracking strength in the dollar overseas. The dollar index was higher after falling 4% last week, marking its biggest weekly drop since March 2020, after data showing U.S. consumer prices rose less than expected in October and prompted bets for slower hikes. The dollar index, which gauges the greenback against […]
On Monday, the Reserve Bank fined multiple co-operatives and other banks a total of about Rs12 lakh for violating different banking regulations.
H1 profit before tax was Rs87 crore compared to Rs89 crore in previous year, despite high inflationary environment
This collaboration will leverage the strong brand presence and wide sales and distribution network of Voltas.
The management company for Mindspace REIT, K Raheja Corp Investment Managers LLP, approved a payout of Rs281.7 crore for the second quarter of FY23.
The US stock market finished choppy trading session slightly in negative territory on Monday, 14 November 2022, as market participants opted to book profit recent profit amidst uncertainty about the near-term outlook for the markets and on caution ahead of slew of economic data and earnings from major retailers that likely to give investors hints about the economic outlook. At the close of trade, the […]
Positive equities are expected to support the Indian rupee in early trades on Tuesday, although strength in the dollar overseas could add some pressure on the currency. Overseas, Asian stocks are mostly trading higher on Tuesday as investors weighed Chinas economic outlook and the Federal Reserves interest-rate path. The dollar index was higher after falling 4% last week, marking its biggest weekly drop since March […]
According to the report, a Swiss challenge auction has been sparked by the offer made by Assets Care & Reconstruction Enterprise (ACRE).
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