L&T appoints Accenture veteran as Mindtree COO

Mid-size IT services firm Mindtree said it has appointed as Chief Operating Officer Dayapatra Nevatia, MD and Director of Delivery for Accenture’s Advanced Technology Centers in India. Dayapatra leads the delivery for Accenture’s entire portfolio, spanning system integration, digital, application outsourcing, infrastructure, and security services across industry groups, Mindtree said. “His vast industry experience along […]

L&T acquires Rs 7.2 cr worth of Mindtree shares via open market

Infrastructure major Larsen and Toubro said it acquired 73,953 shares of IT firm Mindtree from the open market. The latest purchase comes three days after it acquired 13,443 shares in the IT company. After the latest transaction, L&T’s shareholding in Mindtree stands at 26.53%. The latest stock purchase was made at Rs 979 price per […]

Mindtree ties up with IISc for artificial intelligence research

Bangalore-based IT services company Mindtree has decided to collaborate with Indian Institute of Science Bangalore (IISc), one of India’s top higher education institutes, to design solutions using Artificial Intelligence or AI. It will do so by creating an endowment, Mindtree Associate Professor Chair on Artificial Intelligence, at the institute to encourage research into the application of […]

Mindtree opens new Salesforce facility in Germany

IT services provider Mindtree said it launched a new salesforce facility in Munich, Germany. This salesforce centre of excellence is anchored by Magnet 360, a salesforce partner and wholly-owned subsidiary of Mindtree. Salesforce is the world’s leading pureplay cloud player and offers software such as those used for customer relationship management. “Mindtree and Magnet 360 will […]