Infotech

L&T Infotech and Mindtree on Friday announced a mega-merger to create an efficient and scaled-up IT services provider, exceeding $3.5 billion in combined revenue, according to a statement. The name of the combined entity will be…

L&T Infotech and Mindtree, the two independently listed IT services companies under Larsen & Toubro Group, on Friday announced a merger that would create India's fifth-largest IT services provider.The combined entity will be known…

New Delhi: ITC Infotech on Friday said it will acquire a portion of Nasdaq-listed PTC's product lifecycle management (PLM) implementation services business as part of a pact between the two firms to accelerate customer digital…

Larsen & Toubro Ltd. is weighing a merger between two of its publicly traded software firms, according to people familiar with the matter, as the Indian conglomerate seeks scale to compete with global digital giants. The boards of…

New Delhi: India's largest online grocery seller BigBasket has acquired the enterprise business unit of a deep-tech company incubated by Kerala Startup Mission (KSUM) with a view to revolutionising offline retail in the country. BigBasket,…

New Delhi: Tata Group-owned etailer BigBasket on Saturday announced that it has acquired the enterprise business unit of a deep-tech company Agrima Infotech in a bid to revolutionise offline retail. BigBasket will be implementing…

Larsen & Toubro Infotech (LTI), a technology consulting and digital solutions company, has partnered with IIT Madras for collaborative research on 5G.The key objective of this effort was to create a 5G base station and single-box…

Mumbai: Intermesh Ltd., a business-to-business marketplace, has agreed to acquire 100% of accounting platform Busy Infotech Pvt. Ltd. for Rs 500 crore. The B2B company is also participating in the Series B funding round of Simply Vyapar…

Pune: L&T Infotech, part of the Larsen & Toubro Group, has opened an Innovation & Experience Centre at LTI Whitefield campus in Bengaluru (India) focusing on IBM technologies. The Centre will assist enterprises in modernising…

<!-- -->ITC is reportedly mulling demerger of its software business at a valuation of around Rs 25,000 crore.The share trading volume for ITC spiked this week as there were rumors of yet another demerger plan. Following this news, ITC…