Merger Of LTI-Mindtree To Be Completed By Year End
The merger of Larsen & Toubro Infotech (LTI) and Mindtree is likely to be completed by December. Till the merger is completed both the companies will continue to operate independently. These two subsidiaries of Larsen & Toubro had last month announced a mega-merger to create an efficient and scaled-up IT services provider, exceeding USD 3.5 billion in combined revenue.
Also Read: Bharat Electronics Signs MoU With Larsen & Toubro