Larsen & Toubro gains control with over 51% stake IT firm Mindtree
Larsen and Toubro Ltd (L&T) has acquired majority stake, 51 per cent, in Mindtree Ltd on Wednesday. One of the largest engineering and construction companies in India, L&T has gained control of the Bengaluru-based information technology services (IT) firm Mindtree after weeks of tussle with the current management.
Larsen and Toubro Ltd (L&T) has acquired majority stake, 51 per cent, in Mindtree Ltd on Wednesday. PTI