LTIMindtree News
LTIMindtree bags its largest deal from US agribusiness firm ADM
The $450 mn deal is also the second instance of an Indian software services provider, earning between $1 bn and $5 bn in annual revenue, bagging its largest contract in less than three months.
3 min read12 May 2025LTIMindtree: New year, new plan – but will it work?
LTIMindtree's new plan aims to maximize revenues and improve profitability. But a turbulent global backdrop may complicate the expected progress.
2 min read24 Apr 2025LTIMindtree share price jumps 6% ahead of Q4 result; here's what top brokerages expect from the IT player's Q4 earnings
LTIMindtree shares rose nearly 6% on April 23 ahead of the IT player's Q4 results. The stock has gained over three sessions and increased about 1% in April.
2 min read23 Apr 2025Nifty IT index at 52-week low on Trump's tariff fueled recession fears
JPMorgan said on Friday that the likelihood of a recession in 2025 has risen to 60%. If a recession occurs in the U.S., it could lead to reduced discretionary spending, potentially affecting IT sector stocks.
1 min read7 Apr 2025LTIMindtree's Nachiket Deshpande steps down as COO after losing CEO race; to lead global AI team
Deshpande was a frontrunner to replace Debashis Chatterjee as LTIMindtree's CEO. The company has named former Randstad Digital chief Venu Lambu as its CEO-designate. Four other senior executives have left LTIMindtree this year, including another frontrunner for the CEO role.
4 min read16 Mar 2025Company Outsider: Why LTIMindtree’s old-school tests may not work in an AI-driven world
LTIMindtree’s competency tests for senior managers stand in stark contrast to smallest.ai’s flexible hiring approach. As AI reshapes the IT industry, rigid assessments risk falling behind, with leaders urging companies to embrace innovation over outdated evaluation methods.
3 min read5 Mar 2025LTIMindtree appoints Venu Lambu as CEO for 5 years till 2030
For Lambu, this will not be his first stint in the Mumbai-based company, which ended last year with $4.29 billion in revenue. Lambu worked in Mindtree Ltd in 2020 as its president and executive director, and then with LTIMindtree until January 2023, before taking over as CEO of Randstad Digital.
3 min read24 Jan 2025Nifty IT gains over 8% in a month as Donald Trump’s victory fuels spending expectations
The Nifty IT index has surged by 8.2 per cent over the past month. Leading the gainers, Coforge topped the list with a 15.4 per cent increase, followed by Persistent Systems and Tech Mahindra, which rose by 12.1 per cent and 9.1 per cent, respectively.
3 min read3 Dec 2024LIC shareholding: Life Insurance Corporation raises stake in LTIMindtree. Details here
Life Insurance Corporation of India has boosted its shareholding in LTIMindtree, growing from 1,49,06,665 to 2,08,34,009 shares, which elevates its ownership from 5.033% to 7.034%.
1 min read22 Nov 2024LTIMindtree share price slumps over 6% post Q2 results; should you buy, sell or hold?
LTIMindtree share price fell over 6% after mixed Q2 results, which aligned with earnings estimates. The Mumbai-based IT firm reported a 7.7% year-on-year increase in consolidated net profit, reaching 1,251 crore compared to 1,161.8 crore last year.
3 min read18 Oct 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared